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
zvonat [6]
3 years ago
13

A bond that pays interest semiannually has a coupon rate of 5.44 percent and a current yield of 4.91 percent. The par value is $

1,000. What is the bond's price
Business
1 answer:
Aleksandr [31]3 years ago
4 0

Answer:

Results are below.

Explanation:

Giving the following information:

Cupon rate= 0.0544/2= 0.0272

YTM= 0.0491/2= 0.02455

The par value is $1,000

<u>We weren't provided with the number of years of the bond. I imagine for 9 years.</u>

<u>To calculate the bond price, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 27.2*{[1 - (1.02455^-18)] /0.02455} + [1,000*(1.02455^18)]

Bond Price​= 391.93 + 646.25

Bond Price​= $1,038.18

You might be interested in
Which of the following statements is true?
Rzqust [24]

Answer:

The correct answer is option c.

Explanation:

An oligopoly market is a form of imperfect competition where there are a few firms. These firms can produce identical or differentiated products. Because of a few firms in the market, there is a high degree of competition in the market.  

These firms are interdependent such that the economic decisions of a firm affect its rivals. So each firm has to consider the reaction of its rivals before making decisions.

The firms are price makers and face a downward-sloping demand curve.

6 0
3 years ago
What are the biggest problems of scarcity in the US? What problems have they caused? How does scarcity impact you?
liraira [26]

Answer:

Many people believe that the United States is the land of opportunity, and that anyone can succeed

with hard work and intelligence. Concurrently, we often assume that people are poor because they lack

the willpower or intellect to work hard and make the correct decisions. However, new research shows

how a scarcity of resources, including financial resources, shapes everyone’s decisions and behaviors

Explanation:

4 0
3 years ago
What’s the answer .......
ohaa [14]

If i am correct it is A. Yep, I googled it

4 0
3 years ago
_____ comprises a range of practices concerned with increasing awareness, fostering learning, speeding collaboration and innovat
vesna_86 [32]
Knowledge management comprises a range of practices concerned with increasing awareness, fostering learning, speeding collaboration and innovation, and exchanging insights of individuals, teams, or entire organizations.
7 0
3 years ago
A certain business produced x rakes each month form November through February and shipped x/2 rakes at the beginning of each mon
Natasha_Volkova [10]

Answer:

C. 1.40x

Explanation:

1. Production:

November through February: x rakes/month* 4 months = 4x rakes.

2. Shipping and storage costs

March= 4x (initial stock) - x/2 (shipped) = 3.5 x (in stock) * 0.1$ = $0.35

April = 3.5x (stock at end of March) - x/2 (shipped) = 3x*0.1$ =  $0.30

May = 3x (stock at the end of April) - x/2 (shipped) = 2.5x*0.1$ = $0.25

June= 2.5x (stock at the end of May) - x/2 (shipped) = 2x (in stock) * $0.1 = 0.2$

July = 2x (stock at end of June) - x/2 (shipped) = 1.5x*0.1$ =  $0.15

August = 1.5x (stock at the end of July) - x/2 (shipped) = 1x*0.1$ = $0.1

Sept= 1x (stock at the end of August.) - x/2 (shipped) = 0.5 x  (in stock) * $0.1 = $0.05

October = 0.5x (stock at end of sept.) - x/2 (shipped) = 0*$0.1 =  $0

Total storage cost= $0.35x+$0.30x+$0.25x+$0.20x+$0.15x+$0.10x+$0.05x+$0x

Total storage cost = $1.40X

5 0
3 years ago
Other questions:
  • When peter metcalf describes black diamond's manufacturing facility in china as a "greenfield project, he means that . of all ma
    13·1 answer
  • Match each situation with the method of government intervention used to rectify it.
    15·2 answers
  • How to write 600,000+30,000+4,000+700+30 in word form?
    15·1 answer
  • If an organization is committed to ethical business conduct that commitment should remain constant
    7·1 answer
  • You have $100,000 available to invest. The risk-free rate, as well as your borrowing rate, is 4%. The risky portfolio has an exp
    11·1 answer
  • Consider a 10-year bond with a face value of $1,000 that has a coupon rate of 5.5%, with semiannual payments.
    13·1 answer
  • How important are signs.symbols and designs in relation to carpentry?if you do not have access to internal.you may answer based
    12·1 answer
  • Investment depends on the ______ interest rate, and money demand depends on the ______ interest rate. a. real; real b. nominal;
    9·1 answer
  • an operating agreement is required for a limited liability company to exist, and it must be in writing. true false
    14·1 answer
  • the percent of sales method for estimating bad debts uses only income statement account balances to estimate bad debts. group st
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!