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Anarel [89]
3 years ago
13

One year ago, ABC Widgets, Inc., funded an expansion to its manufacturing facilities by issuing a 20-year first mortgage bond. T

he bond is secured by the new building and land. The bond was issued with a 5.5% coupon and is currently rated Aa. The current market price of the bond is 105 resulting in a current yield of approximately A) 4.99%. B) 5.24%. C) 5.50%. D) 5.61%.
Business
1 answer:
MA_775_DIABLO [31]3 years ago
5 0

Answer:

Current yield = 0.05238 or 5.238% rounded off to 5.24%

option B is the correct answer

Explanation:

The current yield is the return on investment in form of interest or dividend expressed as a percentage of the current market value of the instrument. Thus the formula for current yield on a bond will be,

Current yield = Interest per year / Current market price

Assuming that the value of bond is 100. The interest or coupon payment on bond will be = 100 * 5.5% = $5.5 per annum

Current yield = 5.5 / 105 = 0.05238 or 5.238% rounded off to 5.24%

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The sales department of a mutual fund firm sets goals for the next fiscal year to sell a certain number of mutual funds each mon
dezoksy [38]

Answer: Objective

Explanation:    

According to the given question, the company is only sets the main target on the basis of given requirement but does not provide any other details.

So, this organizational goals is known as the objective goals as it sets the main effective objective without providing any other details.

The main purpose of the objective goals is to developing the main policies related to sales and progress in an organization by setting the main aim of the company. Therefore, Objective is the correct answer.

4 0
3 years ago
2 2 user: the cost to mail a package is $7 for the first 2 pounds and 30 cents for each additional ounce. which of the following
NARA [144]

f(x) = 7 + 0.3x

tell me if I am wrong

7 0
4 years ago
Hayward Company, a manufacturing firm, has supplied the following information from its accounting records for the month of May:
ira [324]

Answer:

Can you simplify your question. We ask of you to simplify the question so its easier to com up with a answer

Explanation:

SIMPLIFY THE QUESTION

8 0
3 years ago
You are the public relations director of a nonprofit hospital in a competitive market in a midsized city located in a metro area
makvit [3.9K]

Answer:

HIV AIDS is contagious disease. It is responsibility of the healthcare professionals to handle the person with special care. This virus spread quickly in the body of the victim and the person is often unaware of the disease due to very mild or no symptoms.

Explanation:

To: CEO

Park lane Hospital

Central London,

09 - 06 -2021.

Respected Sir,

It is to bring into your knowledge about the spread of HIV/AIDS in the city. The people are unaware about the disease spread and those infected are carrying disease to others. There should be campaign run by the hospital to inform people about the spread of this contagious disease and preventions measures.

There should also be special arrangement for the people infected by the disease to stay and live in a separate house so the spread can be stopped.  The hospital can allow people with symptoms for a free checkup so that more people can come and have their routine checkup.

It is high time because if the spread will increase at the same rate then controlling the disease would become difficult.

Regards,

John Andrews.

7 0
3 years ago
As distances between buyers and sellers increase, problems related to operations performance increase. What are the primary resu
timama [110]

As distances between buyers and sellers increase, problems related to operations performance increase.

The primary results of this increase in distance and geographic complexity are:-

  • Security issues
  • Potential for delays and disruptions
  • Increase in lead time

A seller is a person or entity that sells products, services, or financial assets. Shorting means borrowing security you don't own, selling it, and buying it back at a lower price. An option seller is called a "writer" who collects a premium from the buyer.

A seller's market is the opposite of a buyer's market, and excess inventory for interested potential buyers means that the buyer has the power to set terms and prices.

Learn more about sellers here:brainly.com/question/906651

#SPJ4

4 0
1 year ago
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