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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

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Answer:

D. Accountability

Explanation:

Following the NIMS management characteristics, as an American red cross my activity of checking in follows accountability. Accountability involves check in and out, planning of incident action, command unity, personal responsibility, span of control and resource tracking. Check in and check out involves responders reporting to assigned work appropriately.

Planning incident actions follows the the responders should follow stated plan.

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3 years ago
Glossamer Inc., a company owned by George and Alex, faces huge debts and is eventually shut down due to bankruptcy. The company'
melamori03 [73]

Answer:

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I hope my answer helps you.

5 0
3 years ago
According to the Monetarist theory, _____________is a critical causal force that determines the nominal GDP..
aivan3 [116]

Answer:

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So the answer is money supply

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