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joja [24]
3 years ago
5

A 7% general obligation bond is issued with 20 years to maturity. A customer buys the bond on a 7.50% basis. The bond contract a

llows the issuer to call the bonds in 5 years at 102 1/2, with the call premium declining by 1/2 point a year thereafter. The bond is puttable in 5 years at par. The price of the bond to a customer would be calculated based on the:
A. 5 year call at 102 1/2
B. 5 year put at 100
C. 10 year call at 100
D. 20 year maturity
Social Studies
1 answer:
nikdorinn [45]3 years ago
8 0

Answer:

D. 20 year maturity.

Explanation:

The bond has stated interest rate of 7% and the yield is 7.50% . The bond is sold at discount to its par value. The bond is issued for 20 years maturity and since it is at discount then the bonds will be held till maturity to improve yield on bonds. The price of the bond will be calculated based on 20 years maturity.

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Do you think it is fair that representatives and senators have benefits that include things like free postal services when they
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Answer:

No

Explanation:

This question is more of a personal opinion, that being said I do not think it is fair. In a fair world individuals that make large quantities of money such as 100,000 should be the ones that have to pay for such services as postal services. Individuals that do not make as much should be the ones receiving these benefits such as postal service because it is already difficult for them to pay their necessities to live and do not always have enough to pay for such services.

3 0
3 years ago
Rosencrantz and Guildenstern don’t have much helpful information to share with the royal couple, so King Claudius and Polonius m
pychu [463]

Answer:

Polonius meant to imply that human nature tend to act good or pious in front of others by using a religious facade so as to hide our real sinful deeds hidden from being seen.

Explanation:

When Polonius and Claudius decide to spy on Hamlet in conversation with Ophelia in Act III scene i, he asks his daughter to act natural and read from a prayer book so that she may appear pious in front of Hamlet. This act is also accepted by him that with "pious action we do sugar o'er  The devil himself".

By that phrase, he meant to imply that people try to hide their sinful deeds by acting pious/ religious/ righteous in front of everyone. By using "<em>devotion’s visage</em>" as a cover up for the bad actions, we all tend to hide our real motives and actions, "<em>suger(ing) the devil himself</em>", meaning pleasing the devil.

3 0
3 years ago
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Hope this helps.

8 0
3 years ago
government and the wealthy benefit from the existence of the poor and this is the main reason why poverty continues to exist bri
seropon [69]

Answer:

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