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Yakvenalex [24]
3 years ago
5

The bond of Tuckpeck is 8¼ 14. The bond traded for a high of 93.25 and closed at 93. The current yield of the bond to the neares

t tenth of a percent is:
Business
1 answer:
zhannawk [14.2K]3 years ago
7 0

Answer:

8.9%

Explanation:

Calculation for what The current yield of the bond to the nearest tenth of a percent is:

Current yield of Bond=[(8+1/4)*10]/(93*10)

Current yield of Bond=(8.25*10)/930

Current yield of Bond=82.5/930

Current yield of Bond=0.089*100

Current yield of Bond=8.9%.

Therefore The current yield of the bond to the nearest tenth of a percent is 8.9%

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Answer:

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3 years ago
Pajama Corp. uses direct materials (fabric, thread, buttons), and direct labor (cutting, sewing labor) to make each pair of paja
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Question Completion:

Estimated manufacturing overhead costs = $156,000

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Answer:

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Explanation:

a) Data and Calculations:

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3 years ago
Steven consumes only two goods, both of which are normal goods. He is currently maximizing his utility in consumption of both go
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Answer:

The answer is: remain the same

Explanation:

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If the price of a substitute good increases, the marginal utility of the good whose price didn't change, will remain the same.

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Which of the following is something that is marketed?
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