Answer:
When the bond is sale at premium, it means the market rate is lower than coupon rate. So investor purchase the bond a higher price until the bond yield equal the market rate
If sold at discount, the market rate is higher than coupon rate. This means it's sold below face value to increase the bond yield to market rate.
YTM if market price is 887 = 10.7366190%
YTM if market price is 1,134.2= 7.1764596%
Explanation:
For the YTM we can calculate an estimated using the following formula:
Where:
C= coupon payment 1,000 x 9% = 90
F= face value of the bonds = 1000
P= market price = 887
n= years to maturity = 10
YTM = 10.7366190%
C= 90
F= 1000
P= 1134.2
n= 10
YTM = 7.1764596%
A more precise answer can be achieve using excle or a financial calculator.
Answer:
The answer is LIFO
Explanation:
LIFO is Last in First out. It means the Inventory that was purchased last goes out first.
In periods LIFO, cost of sales reflects the cost of goods purchased recently and the ending Inventory reflects the older goods.
In periods of falling prices, the costs of ending inventory are high, cost of sales are low and the gross profit are high.
Answer:You want to ask a date or friend to the school dance. Using the present perfect tense, give your best speech in Spanish, telling what you have or have…not done to perhaps receive a "Yes!" The subject of the sentence does not need to be limited to the first person singular, Yo.
Answer:
She possessed the land for 3.14 years.
Explanation:
3Giving the following information:
Present Value (PV)= $67,900
Future Value (FV)= $64,800
Decrease rate (d)= 1.5%
<u>To calculate the number of years passed, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(64,800 / 67,900) / ln(1.015)
n= -3.14 years
She possessed the land for 3.14 years.
I’m not sure but I think it’s false