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
ad-work [718]
3 years ago
14

Bond X is a premium bond making semiannual payments. The bond pays a coupon rate of 11 percent, has a YTM of 9 percent, and has

11 years to maturity. Bond Y is a discount bond making semiannual payments. This bond pays a coupon rate of 9 percent, has a YTM of 11 percent, and also has 11 years to maturity. The bonds have a $1,000 par value. What is the price of each bond today
Business
1 answer:
alexandr1967 [171]3 years ago
3 0

Answer:

Results are below.

Explanation:

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

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

<u>Bond X:</u>

Coupon= (0.11/2)*1,000= $55

YTM= 0.09/2= 0.045

Years to maturiy= 11 years

Bond Price​= 55*{[1 - (1.045^-11)] / 0.045} + [1,000/(1.045^11)]

Bond Price​= 469.1 + 616.2

Bond Price​= $1,085.3

<u>Bond Y:</u>

Coupon= (0.09/2)*1,000= $45

YTM= 0.11/2= 0.055

Years to maturiy= 11 years

Bond Price​= 45*{[1 - (1.055^-11)] / 0.055} + [1,000/(1.045^11)]5

Bond Price​= 364.16 + 554.91

Bond price= $919.07

You might be interested in
After the purchase of a new car, Johanna Morales had the feeling that she made an awful mistake in terms of paying too much for
alukav5142 [94]

Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance is a concept of social psychology and is described as the discomfort which is felt by a person who is having conflict in values and ideas. The people in this state feel guilt, embarrassment and anger. There is a motivational drive in humans to reduce the dissonance.

Leon Festinger developed theory of cognitive dissonance to predict and explain the peoples reaction to various situations. This theory states that people have prejudice  to get  agreement between what they expect and the reality.

8 0
3 years ago
. Relaciona el éxito o fracaso que han tenido las industrias con la jerarquía de las necesidades de la pirámide de las Necesidad
goblinko [34]

Answer:

Las respuestas  a cada pregunta se detallan en la explicación.

Explanation:

1.Hoy en dia al gran proceso de globalización que enfrentamos,las industrias de la tecnología industrial  han logrado acoplarse muy bien dentro de la estructura jerárquica de la escala de Maslow como necesidades de seguridad,es decir que es muy importante que sepamos utilizarla por ejemplo en el caso de la tecnología móvil o GSM ( un portátil,un celular,una impresora); para de esta manera realizar de manera correcta determinadas funciones dentro de una empresa y así poder conservar nuestros empleos y por consiguiente cubrir nuestras necesidades de alimentación,techo  y abrigo ,pero no solo nuestras necesidades básicas sino también  las de nuestra familia.

2.Industria de la tecnología: Ofrece diversos productos en el mercado como son:

-<em>celulares de toda gama</em>

<em>-Computadores portátiles.</em>

<em>-Tablets</em>

<em>-Automatización o Robótica</em>

<em>-Nanotecnología</em>

<em>-Aviación.</em>

3 0
3 years ago
"A high-ranking officer of ABC Corporation owns 10,000 shares of ABC Corporation control stock that she wishes to sell under the
LuckyWell [14K]

Answer: $9,000

Explanation:

Rule 144 is a regulation that governs the trading of restricted, unregistered, and control securities and is enforceable by the SEC.

Under the rule, the person, as an officer of the ABC Corporation is limited to selling the higher of 1% of the Outstanding stock the company has or the average weekly trading volume over the preceding 4 weeks.

1% of the outstanding 900,000 shares is;

= 1% * 900,000

= 9,000 shares

This is higher than the average weekly trading volume over the preceding 4 weeks so this is the maximum permitted sales figure.

3 0
3 years ago
The United States and many other countries often impose trade sanctions on other countries. These sanctions A. tend to decrease
Pavel [41]

Answer:

The correct answer is option D.

Explanation:

Sanctions can be defined as penalty levied on other countries or citizens of other countries. There are a number of trade sanctions such as

  1. Tariffs
  2. Quotas
  3. Non-tariff barriers
  4. Embargoes

These trade sanctions affect both the sanctioning country as well as the sanctioned country. The imposition of trade sanctions on a country affects exports of the country. As the producers are able to supply less, there will be a reduction in producer surplus.

The imports for the consumers in the sanctioning country will decline. There will be less choice for them. This will cause a reduction in consumer surplus.

6 0
3 years ago
In The Federalist paper number 10, James Madison expressed concern over the possibility that both majority and minority factions
irina1246 [14]
A because it’s considered background info
7 0
2 years ago
Other questions:
  • What is corporate image or corporate identity
    13·1 answer
  • You sell Apples and Banana. You are considering selling them together and separately. You have three types of buyers, Banana lov
    10·1 answer
  • On January 1, 2018, M Company granted 90,000 stock options to certain executives. The options are exercisable no sooner than Dec
    6·1 answer
  • Name some goods and services that are provided by the government.
    9·1 answer
  • Whitman Company has just completed its first year of operations. The company’s absorption costing income statement for the year
    6·1 answer
  • Millie withdraws $1,000 from her checking account so she can have $1,000 in cash. If no other changes occur, M1 will
    6·1 answer
  • Texas Inc. has 10,000 shares of 6%, $125 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock ou
    13·1 answer
  • common to this work. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom.
    11·2 answers
  • We use the accounting equation to identify what a company owns and owes. _____ are resources a company owns or controls, _____ a
    5·1 answer
  • How can part-time or temporary work help you explore career choices?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!