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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%

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Lisa Smith has her age listed on her driver's license as being three years younger than it actually is. This is also how old she
Pani-rosa [81]

Answer:

Misstatement of age

Explanation:

Based on the information provided within this question it can be said that the term that describes what is happening in this situation would be Misstatement of Age. Like mentioned in the question this is a provision in many life insurance policies which adjusts the individuals premium to the actual price based on their age if there was an error with the individuals age in the policy. Which is exactly what has happened to Lisa Smith.

If you have any more questions feel free to ask away at Brainly

6 0
3 years ago
A
Agata [3.3K]

Answer: W-2 form

Explanation:

I’m not for sure but it looks like it

5 0
3 years ago
Read 2 more answers
What is the price of a stock today if it pays a Dividend TODAY of $2. Its growth rate is 5%, and its market return is 12%?
Nutka1998 [239]

Answer:

$30.00  

Explanation:

The price of the stock can be derived from the stock theoretical price formula given and explained below:

stock price=expected dividend/(market return-growth rate)

expected dividend=dividend paid today*(1+growth rate)

expected dividend=$2*(1+5%)

expected dividend=$2.10

market rate of return=12%

growth rate=5%

stock price=$2.10/(12%-5%)

stock price=$2.10/7%

stock price=$30.00  

8 0
2 years ago
If beginning work in process is 3,900 units, ending work in process is 3,700 units, and the units accounted for equals 11,200 un
Citrus2011 [14]

Answer:

started units 7,300

Explanation:

beginning WIP   3,900

started into production X

this sum should equal the amount for units accounted for

11,200 - 3,900 = 7,300 started units

The ending WIP and the trasnferred-out represent the units to be assigned for

4 0
3 years ago
After a recent spike in violent crime, the local police department wants to spend $550,000 on a new crime fighting initiative. I
Verizon [17]

Answer:

c.

6.1 percentage points.

Explanation:

Ratio shows proportion of a number to other number or sum of all the numbers. Percentage is a ratio which is expressed as fraction of 100.

Human Life Worth = $9 million = $9,000,000

Spending on Fighting initiative = $550,000

Take ratio of spending by the worth of human life

Ratio = Spending / Worth = $550,000 / $9,000,000 = 0.061 = 6.1%

It reduces the risk of someone dying from crime by at least 6.1%.

4 0
2 years ago
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