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Iteru [2.4K]
3 years ago
15

Treasury bonds paying an 10.00% coupon rate with semiannual payments currently sell at par value. What coupon rate would they ha

ve to pay in order to sell at par if they paid their coupons annually?
Business
1 answer:
andrezito [222]3 years ago
3 0

Answer:

10.25%

Explanation:

The requirement which is Coupon rate can be calculated using EAR formula.

EAR = (1 + APR/n)^n - 1

EAR = (1 + 10.00%/2)^2 - 1

EAR = (1 + 0.1/2)^2 - 1

EAR = (1 + 0.05)^2 - 1

EAR = (1.05)^2 - 1

EAR = 1.1025 - 1

EAR = 0.1025

EAR = 10.25%

10.25% is the coupon rate for annually paying bond.

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Match each example with the barrier to inclusion that best describes it.
SCORPION-xisa [38]

Answer:

A)The "like me" bias

B)Ethnocentrism

C)prejudice

D)Ethnocentrism

E)Perceived threat of loss

F)Stereotype

Explanation:

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4 0
3 years ago
Available"" (as in ""measurable and available"") means 1. Available to finance expenditures of the current period 2. Subject to
MAVERICK [17]

Answer:

1. Available to finance expenditure of the current period

Explanation:

Government Accounting is concerned with propriety i.e judicious use of resources and allocation of government funds so as to ensure efficient performance of government entities.

Efficiency refers to input/output ratio whereas effectiveness refers to achievement of government programs.

Government requires funds for allocation to various projects which require sanctioning by an authority.

In the same context, the concept of "available" refers to the availability of funds to meet the current period expenditure and liabilities.

4 0
3 years ago
Blossom Company purchased a new machine on October 1, 2017, at a cost of $66,000. The company estimated that the machine has a s
Ugo [173]

Answer:

Results are below.

Explanation:

Giving the following information:

Purchase price= $66,000

Salvage value= $5,700

Useful life= 6

F<u>irst, we need to calculate the annual depreciation using the following formula:</u>

<u></u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (66,000 - 5,700) / 6= 10,050

<u>2017:</u>

Annual depreciation= (10,050/12)*3= $2,512.5

<u>2018:</u>

Annual depreciation= $10,050

8 0
4 years ago
In addition to providing home mortgages, large commercial banks have specialized in providing short-term funds to mortgage banki
I am Lyosha [343]

Answer:

warehousing

Explanation:Warehouse financing as a type of financing   is the process whereby manufacturers or producers  take loan and the collateral for the loan taken are their goods/ items. The collateral   which is the goods or commodities are held in high regards or trust by a third party  who serves as a trustee holds the goods on the lender's behalf. s. an approved agent can also be used.

Warehouse financing is importantly necessary as it provides manufacturers with better and favorable loan terms , cost effective and  an adequate repayment plan also as a merit to its use.

4 0
3 years ago
Following is the sales budget for Coore, Inc., for the first quarter of 2019.
gayaneshka [121]

Answer:

a. Sales for November = $192,666.67

b. Sales for December = $312,400,00

c. Total cash collections are as follows:

January = $200,580

February = $201,360

March = $191,750

Explanation:

a. Compute the sales for November.

Sales for November = (Accounts receivable balance at the end of the previous quarter - Uncollected sales from December) / Collection rate two months after the sale = ($107,000 - $78,100) / 15% = $192,666.67

b. Compute the sales for December.

Sales for December = Uncollected sales from December / (Collection rate one months after the sale + Collection rate two months after the sale) = $78,100 / (10% + 15%) = $312,400,00

c. Compute the cash collections from sales for each month from January through March.

Note: See the attached excel file for the schedule of cash collections from sales for each month from January through March.

From the attached excel file, total cash collections are as follows:

January = $200,580

February = $201,360

March = $191,750

Download xlsx
3 0
2 years ago
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