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miss Akunina [59]
3 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]3 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%

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Brass Co. reported income before income tax expense of $60,000 for 2017. Brass had no permanent or temporary timing differences
Zielflug [23.3K]

Answer:

$12,000

Explanation:

30%×$40,000= $12,000

Brass Co.'s 2017 taxable income of $60,000 exceeds the $40,000 net operating loss carry forward from 2016.

Therefore the total net operating loss carry forward can be utilized in 2017 in which $40,000 carryforward will be used to offset $40,000 of Brass' taxable income.

5 0
3 years ago
What should the manager know about foodservice equipment​ safety?
Jet001 [13]
Your answer is B, <span>If approved by the NSF, it will have a mark to indicate that endorsement.</span>
4 0
4 years ago
Assume a market is in equilibrium. There is an increase in supply, but no change in demand As a result the equilibrium price ___
cluponka [151]
It is number D because if there’s an increase in supply but not change in demand then the equilibrium price will rise and the quantity will increase
5 0
3 years ago
Strategic trade policy has two components to raise national income helping firms to capture first-mover advantages and interveni
icang [17]

Answer:

The correct answer is: A) True.

Explanation:

Strategic commercial policy is defined as that commercial policy that a government implements through intervention and regulation and that is intended to modify the strategic interaction that occurs in certain sectors between national and foreign companies in the international arena. These actions, which are usually implemented through industrial policy, try

favor national companies over their foreign rivals. Those who support these practices argue that, given the imperfections of the markets, there are good reasons that justify an active industrial policy.

The strategic trade policy argument consists of two explanations: first, it states that with appropriate actions; A government increases national income if it somehow ensures that the companies that appropriate the advantages of acting first are national and not foreign.

Secondly; it is convenient for a government to intervene in an industry if it helps national companies to overcome the entry barriers created by foreign companies; who have already reaped the advantages of the one who acts first.

In conclusion, if these arguments are correct, the government has many reasons to intervene in international trade.

3 0
3 years ago
Lang Warehouses borrowed $131,300 from a bank and signed a note requiring 9 annual payments of $15,328 beginning one year from t
KengaRu [80]

Answer:

The interest rate implicit in this agreement is 1%

Explanation:

Present Value = $131,300

n = 9

i = ?

Annuity Payment = $15,328

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$131,300 = $15,328 x ( 1 - ( 1 + r )^-9 / r

$131,300 / $15,328 = ( 1 - ( 1 + r )^-9 / r

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using Annuity Table the 8.5662 annuity factor for 9 payments shows under 1% interest rate.

So, the answer is 1%

7 0
3 years ago
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