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
ira [324]
2 years ago
8

a bond that matures in 12 years has a per value of $1,000 and an annual coupon rate 10%; the market interest rate is 8%. what is

the price?
Social Studies
1 answer:
laiz [17]2 years ago
7 0

Answer:

Price of bond = $1150.72 (Approx.)

Explanation:

Given:

Number of years  12 years

Per value = $1,000

Coupon rate = 10% = 0.1

Market rate = 8% = 0.08

Find:

Price of bond

Computation:

Coupon payment = 1,000 x 10%

Coupon payment = 100

Price of bond = [C/r][1 - 1/(1+r)ⁿ] + Per value/[(1+r)ⁿ]

Price of bond = [100/0.8][1 - 1/(1+0.8)¹²] + 1000/[(1+0.08)¹²]

Price of bond = [100/0.8][1 - 1/(1.8)¹²] + 1000/[(1.08)¹²]

Price of bond = $1150.72 (Approx.)

You might be interested in
Directions on picture! Ty! <3
diamong [38]

Answer:

What would make communication better would be if the had some sort of system to tell mass amounts of people what is happening, such as a speaker. It would communicate everything much easier and help!

Explanation:

Hope this helps! Please mark brainliest!

7 0
3 years ago
Read 2 more answers
Alex is a law attorney at Cooper Enterprises. His client, Maggie, is seeking a divorce from her husband of two years. Since she
Artist 52 [7]

Answer:

jargon

Explanation:

He knows the word and she doesnt

4 0
3 years ago
The Polynesians who settled in New Zealand created a distinct culture called the _____.
AveGali [126]
<span>the answer to this question is Maori</span>
5 0
3 years ago
Read 2 more answers
One status tends to take rank above all others. The status that plays the greatest role in shaping a person’s life and determini
Crank

Answer:a master status

Explanation:

A master status refers to a position that an individual holds within society ,how each person considers themselves when they relate to others in terms of their title.

It is your social identity that has an impact on the role that you play within the society

For example a firefighter ,teacher and policeman all have their own roles and titles within society.

It is also mainly shaped by our surrounding environment and interactions.

4 0
3 years ago
Aria and Rick have a dispute about whether or not either or both of them breached a contract between them. Both of them tend to
Kisachek [45]

Answer:

The best answer to the question: If they did not care about any future relationship they might have, had lots of money, and just wanted to prove they were right, they should:___, would be: Litigate.

Explanation:

Litigation is defined precisely as a legal contest, an argmentation that is taken usually before the courts, in order to settle a matter that is being argued upon, by two or more sides. However, the process of litigation requires more than just two people arguing; it requires lawyers, and judicial processes, which are pretty expensive. Aria and Rick wish to establish if either of them breached a contract and since neither is going to give in and accept that the other might be right, if they had the necessary money, and did not fear that a future relationship between them might be damaged due to such proceedings, then they would choose litigation as their means of solving the issue and proving they were right.

8 0
3 years ago
Other questions:
  • Since the early 1980's, Turkey has made significant strides in moving away from government run businesses and toward privately r
    14·2 answers
  • When did the Fourth of July become a federal holiday?
    10·1 answer
  • Explain how dead bristlecone pines are useful to scientists?
    9·1 answer
  • In studying the bystander effect, a researcher is interested in looking at differences between prison guards in China and the Un
    5·1 answer
  • What actions in a soccer game might result in a foul being called?
    11·1 answer
  • Name any 3 products we derive from forest​
    6·2 answers
  • How do courts handle situations in which individual rights conflict?​
    5·1 answer
  • Suppy and demana Shirts
    13·1 answer
  • What is the relationship between the Iroquois democratic system and the constitution of the United States
    12·1 answer
  • Look at the route that the Cherokee took on the Trail of Tears. Consider that they traveled on foot during the winter of 1838. W
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!