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
lina2011 [118]
3 years ago
5

You purchase a bond with an clean price of $1,129. The bond has a coupon rate of 10 percent, and there are 4 months to the next

semiannual coupon date. What is the dirty price of the bond
Business
1 answer:
marta [7]3 years ago
8 0

Answer:

The answer is "1145.66".

Explanation:

Using formula:

\text{Dirty price = Clean price + accrued interest}\\\\

                  = 1,129 +100\times 0.5\times \frac{2}{6} \\\\= 1,129 +50\times \frac{2}{6} \\\\= 1,129 + \frac{100}{6} \\\\= \frac{6774+100}{6} \\\\= \frac{6874}{6} \\\\=1145.66

OR

=\$1,129+(10\% \ of\ 1000)\times \frac{2}{12}\\\\=\$1,129+(\frac{10}{100} \times \ 1000)\times \frac{2}{12}\\\\=\$1,129+(100)\times \frac{2}{12}\\\\=\$1,129+ \frac{200}{12}\\\\=\$1,129+ 16.666667\\\\=\$1,145.666667\\\\

You might be interested in
Keith Inc. has 4 product lines: sour cream, ice cream, yogurt, and butter. Demand of individual products is not affected by chan
aleksley [76]

There will be decrease in profit if dropping of sour cream. So that means Keith Inc would lose $4,000.00

3 0
4 years ago
Read 2 more answers
If a small country wants to buy aircraft from the United States and the United States wants to export its aircraft, the United S
zhuklara [117]

If a small country wants to buy aircraft from the United States and the United States wants to export its aircraft, the United States may work through WTO in removing preset trade barriers so that the small country can more easily purchase the aircraft.

Explanation:

The World Trade Organisation (WTO) is the only international organisation that follows global trade law. It primarily ensures trading is as easy, consistent and free as possible.

World countries meet in the WTO to discuss whether trade restrictions, such as tariffs, should be reduced. WTO talks are conducted in "rounds" where every nation negotiates a trade development agreement, takes a year or two off again and starts negotiations for a new deal.

3 0
3 years ago
Your company has a cost differentiation strategy regarding its products. there are several new entrants into your saturated mark
gtnhenbr [62]

1) Change the nature of the product

2) Give away discounts

3) Reduce the price of the product compared to the competitiveness of the market

7 0
3 years ago
Robert works in the import-export department of Bank of America and he has noticed the following spot currency quotes: 1 U.S. do
lubasha [3.4K]

Answer:

2.3925

Explanation:

The computation of the Mexican pesos is shown below:

= (1 British pound × 1 U.S. dollar) ÷ 1 British pound for the Danish krone

= (1.65 × 10.875 ÷ 7.5)

= 2.3925 Mexican pesos

Simply we multiplied the 1 British pound with the 1 US dollar and then divide it by the 1 British pound for Danish krone so that the correct spot currency can come

3 0
3 years ago
Sally has been working really hard lately and asks her manager for a raise. Her manager tells her that she is already the highes
alukav5142 [94]

Answer:

C. hacking

Explanation:

Hacking is a term used to describe an unauthorized access to a computer data base for illegal purposes. It also means breaking into an organization's security data system either to corrupt data, steal information or disrupt certain activities.

Most hackers demand for monetary returns or cause collateral damage having gained unathourized access into an organization's data base.

There are several ways of hacking which includes;

Phising scam: An attempt to have access into a computer by making a user open an attachment or provide confidential information.

Malware attack: is a type of hacking attack which after being carried out, cripple activities of an entire organization including its business associate, government parastatals, customers etc in exchange for money.

Code break: This is where a secret software is installed to allow users hit a company' s data base through strings.

Organizations are beginning to expend money on their security systems by constantly updating them against any internal and external attack.

3 0
3 years ago
Other questions:
  • Mark manages a small family-owned amusement park. He believes the park can increase its profits if its owners will buy three foo
    11·1 answer
  • In the context of enterprise resource planning (ERP) systems, the most efficient and effective ways to complete a business proce
    6·2 answers
  • which of the following resulted in a retaliation by the united states of increased tariffs on cheeses and meats from europe
    14·2 answers
  • A plant asset was purchased on January 1 for $80,000 with an estimated salvage value of $20,000 at the end of its useful life. T
    8·1 answer
  • Blue Spruce Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the busi
    6·1 answer
  • Universal container sales reps can modify fields on an opportunity until it is closed. Only the sales operations team can modify
    14·1 answer
  • Division of labor increases in __________. As the food supply grows, not everyone needs to be engaged in food production. Some p
    15·1 answer
  • 34. Consider a binary (digital) option on a stock currently trading at $100. The option pays a $1 if the stock price goes below
    13·1 answer
  • An investor is in the 28 percent federal tax bracket and pays a 9 percent state tax rate and 4 percent in local income taxes. Fo
    6·1 answer
  • The perimeter of a rectangle with a width x and a length that is four times the widthA nursery has $55,000 of inventory in dogwo
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!