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
Pavel [41]
4 years ago
5

Bourdon Software has 6.4 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and cu

rrently sell for 106.8 percent of par.
What is the current yield on the bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Business
1 answer:
jekas [21]4 years ago
7 0

Answer:

The current yield on the bonds is 5.99%

Explanation:

Current yield = Annual coupon payment / Price Current yield

= $64 / $1,068

Current yield = 0.0599, or 5.99%

You might be interested in
The application of statistical techniques to determine whether a quantity of material should be accepted or rejected based on th
Alexxandr [17]

Answer:

Acceptance Sampling

Explanation:

Based on the information provided within the question the type of test that is being described in this situation is called Acceptance Sampling. Like mentioned in the question, this type of test uses statistical sampling to determine whether to accept or reject a production lot of material. This is done in order to maintain quality control and avoid future sales problems.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
4 years ago
Read 2 more answers
Taxes that include Social Security and Medicare withholdings.
Elena-2011 [213]
FICA tax includes a 6.2% of social security and 1.45% Medicare tax on earnings.
4 0
2 years ago
Cutting costs is the best way to maximize profitability. <br> a. True <br> b. False
wel
The answer is false. There are a lot of ways and best methods of maximizing profitability but cutting cost is not the best method because it will likely minimize the profit because the cost are being cut down. That is why the answer would likely be false because it is not the best method.
4 0
3 years ago
The following quote best describes ________. "The marvels of modern technology include the development of a soda can which, when
Alja [10]

Answer:

E)excessive markups

Explanation:

the car must was the must to the book

7 0
3 years ago
_____help the group manage relationships
Lera25 [3.4K]
The answer is : a role
8 0
4 years ago
Other questions:
  • A process layout problem consists of 4 departments, each of which can be assigned to one of four rooms. The number of different
    11·1 answer
  • Kelly's kitchen, a popular chain of fast food restaurants, offers a kids' meal pack free with every purchase of its newly introd
    11·1 answer
  • A machine costing $251,800 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer usefu
    13·1 answer
  • a. Is it sustainable to think that Emiratis, which make up only about 15 percent of the people in Dubai, can be leading the city
    15·1 answer
  • Among the many factors that influence purchasing decisions are _____, who control the flow of information within an organization
    12·1 answer
  • Evie Adams Using the tax software, complete the tax return, including Form1040 and all appropriate forms, schedules, or workshee
    10·1 answer
  • Four students are storing this fact: "europeans first settled at st. augustine, florida, in 1565." which student is probably goi
    15·1 answer
  • Alex’s business is experiencing diminishing market shares and no longer needs any external finance. In fact, it is trying to buy
    13·1 answer
  • In the absence of government regulation or private negotiation, firms will pollute less than the economically optimal amount.
    7·1 answer
  • A company's prime costs total $3000000 and its conversation costs total $7000000. if direct materials are 1000000 and factory ov
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!