1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetach [21]
2 years ago
13

Wine and Roses, Inc. offers a 5.5 percent coupon bond with semiannual payments and a yield to maturity of 6.32 percent. The bond

s mature in 11 years. What is the market price of a $1,000 face value bond?a. $1,008.79b. $1,431.32c. $1,504.37d. $935.69e. $1,367.02
Business
1 answer:
Lady_Fox [76]2 years ago
4 0

Answer:

d. $935.69

Explanation:

The computation of the market price of the bond is shown below:

Given that

Future value be $1,000

RATE = 6.32% ÷ 2 = 3.16%

NPER = 11 × 2 = 22

PMT = $1,000 × 5.5% ÷ 2 = $27.50

The formula is shown below:

=-PV(RATE,NPER,PMT,FV,TYPE)

After applying the above formula, the market price of the bond is $935.69

You might be interested in
You notice that​ Coca-Cola has a stock price of $ 40.68 and EPS of $ 2.04. Its competitor PepsiCo has EPS of $ 3.43. ​But, Jones
Finger [1]

Answer:

Estimate Value of a share= $71.81

Explanation:

<em>The value of a share can be determined using the price earning  ratio model. According to this model, the price of a share is estimated as the EPS of the company multiplied by a representative P/E ratio.</em>

Value of share = EPS × P/E

The appropriate P/E ratio would be that of a similar operator in the same industry, in this case , Jones Soda.

Hence the estimate value of share =2.04 × 35.2=71.81

Estimate Value of a share= $71.81

7 0
3 years ago
Two​ countries, A and B​, both are currently in recession. The values of the MPS for A and B are 0.1 and 0.5 respectively. The g
aksik [14]

Answer:

Explanation:

The policy of tax cut will be less effective in country B than in country A since the value of the tax multiplier is lower in country B.

The multiplier effect refers to the increase in final income arising from any new injections.

Calculating the Multiplier Effect for a simple economy

k = 1/MPS

A = 1/0.1 =10

B= 1/.5=2

3 0
3 years ago
Expenditures that maintain the operating efficiency and expected productive life of a plant asset are generally
yKpoI14uk [10]

Answer:

A. Expensed when incurred.

Explanation:

An incurred expense is basically the cost that are unpaid for. Paid expenses are incurred expenses once you paid for it (Eg credit card).

5 0
3 years ago
A firm pursuing a strategy based on customization and variety will tend to structure and manage its supply chain to accommodate
Neko [114]

Answer:

A firm pursuing a strategy based on customization and variety will tend to structure and manage its supply chain to accommodate more _variation__ than a firm pursuing a strategy based on low cost and high volume

Explanation:

The variation of the product means any change which changes the "physical attributes of an item" or the terms in which it is marketed "as altering the colour of a sugar pack. This is achieved by companies to increase their own market share.

8 0
3 years ago
The amount you owe in state income tax is based on:
Vadim26 [7]
The best and most correct answer among the choices provided by the question is the first choice. <span>The amount you owe in state income tax is based on: how much you spend each year. </span>I hope my answer has come to your help. God bless and have a nice day ahead!
4 0
3 years ago
Other questions:
  • An individual actually earned a 4 percent nominal return last year. Prices went up by 3 percent over the year. Given that the in
    9·1 answer
  • Arch gives you an amended Form W-4 dated March 9, 2018 on which he claims two additional withholding allowances. He asks you to
    8·1 answer
  • Nathan owns a quick-lube oil service station. He wants to understand whether his customers are sensitive to price and if he shou
    8·1 answer
  • Anita wants to encourage her classmates to read their textbooks thoroughly. to support her point, she says, "some students think
    13·1 answer
  • A company wants to persuade a customer to buy its products. if the consumer is characterized as having a high degree of involvem
    9·1 answer
  • The main difference between companies following a broad low-cost strategy and those following a focus low-cost strategy is in th
    6·1 answer
  • Suppose that the world price of resins is $100 per ton. Now suppose that the United States imposes a 10% tariff on imported resi
    11·1 answer
  • Help with an opening message
    10·1 answer
  • On April 1, Katie Inc. collected $2,400 from a customer for a 12-month membership starting on that date. On December 31, Katie I
    6·1 answer
  • HELP PLEASE! 50 POINTS
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!