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
miss Akunina [59]
2 years ago
12

Gabriele Enterprises has bonds on the market making annual payments, with twelve years to maturity, a par value of $1,000, and s

elling for $960. At this price, the bonds yield 6.5 percent. What must the coupon rate be on the bonds
Business
1 answer:
wariber [46]2 years ago
3 0

Answer: 6.01%

Explanation:

To solve this question, we.will use the financial calculator. Based on the information given, then we will have:

FV = Future Value = $1,000.00

PV = Present Value = -$960.00

Bonds yield = 6.50

N = Number of years = 12

Therefore, CPT > PMT = Payment will be = $60.0973

Then, Coupon rate will be:

= Payment / Face Value

= 60.0973 / 1000

= 6.01%

You might be interested in
If in some year real gdp was $5 trillion and the gdp deflator was 200, what was nominal gdp?
nydimaria [60]
I think it’s d but I’m not so sure
8 0
3 years ago
Store Policies that are open to interpretation by store employees
algol13

Answer:

a) Customer satisfaction

Explanation:

7 0
2 years ago
There are hundreds of colleges that serve millions of students each year. the colleges vary by location, size, and educational q
Tems11 [23]
Not Competitive b/c not a standardized product. 

The differing location, size, and quality makes each college not standardized.

Hope this helps!
8 0
3 years ago
Peng Company is considering an investment expected to generate an average net income after taxes of $2,000 for three years. The
Sedbober [7]

Answer:

$-7033.54

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Cash flow = net income + deprecation

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($45,300  - $7,500) / 3 = $12,600

Cash flow = $12,600 + $2000 = $14,600

Cash flow in year 0 = $-45,300

Cash flow in year 1 =  $14,600

Cash flow in year 2 =  $14,600

Cash flow in year 3 =  $14,600 + $7,500 = $22,100

I = 15%

NPV = $-7033.54

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

5 0
2 years ago
Imagine the tea market has a demand function of QDX = 10 – 2PX and a supply function of QSX = PX − 2, where PX is the price of t
scoundrel [369]

Answer:

Call me 7061528052 call me at the end of the most important thing is that the only way to get to see the place of business and the rest of the most important thing is that the total number of

Explanation:

Call me 7061528052 call me at the end of the most important thing is that the only way to get to see the place of business and the rest of the most important thing is that the only way to get to see the place

3 0
2 years ago
Other questions:
  • Cottage Co. deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close o
    11·1 answer
  • Adams is selling his property to Katter for $94,000, and Katter is assuming an existing mortgage at 4-1/2% interest per annum wi
    8·1 answer
  • A bussiness reports profits when ___ are greater than___.
    8·1 answer
  • At the end of January, Mineral Labs had an inventory of 735 units, which cost $8 per unit to produce. During February the compan
    9·1 answer
  • A spreadsheet is
    12·1 answer
  • Two friends, Rachel and Joey, enjoy baking bread and making apple pie. rachel takes 2 hours to bake a loaf of bread and 1 hour t
    10·1 answer
  • The way you spend your time and energy is your _____.
    7·2 answers
  • Which of the following is not a problem associated with monetary​ policy? A. Monetary policy may be ineffective if investment an
    14·1 answer
  • A software start up is pitching to raise money to write code and they need a team of 4/4 for two years and each color cost 100,0
    12·1 answer
  • The following information is available for Marks Company at December 31, 2019:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!