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
Maksim231197 [3]
4 years ago
12

A bond will pay $80 in interest at the end of each of the next three years, plus $1,000 at the end of the third year. If it has

a present market price of $950, its yield-to- maturity is: (a) 8.5%. (b) 9.4%. (c) 10%. (d) 10.5%. (e) 11.2%.
Business
1 answer:
Ipatiy [6.2K]4 years ago
7 0

Answer:

(c) 10%

Explanation:

The formula to calculate  the yield to maturity is:

YTM= [C+ (F-P) / n] / [(F+P) / 2]

C = Coupon Payment : $80

F = Face Value : $1,000

P = Price : $950

n = Years to maturity: 3

YTM= [80+(1000-950)/3]/(1000+950)/2]

YTM=[80+16.67]/975

YTM=96.67/975

YTM= 0.1 = 10%

You might be interested in
Most newly industrialized countries (NICs) have moved away from restrictive trade practices and instituted significant free mark
bogdanovich [222]

Answer:

A. attracted both trade and foreign direct investment.

Explanation:

Restrictive trade practices refer to every deliberate and conscious effort made by the government of a country to hinder the free flow of trade across international boarder. Trade restrictions can be in form of high tariff on import,  import quota, outright embargo, e.t.c

The reduction or elimination of barrier to free trade is trade liberalization. It is also seen as free market reform as the market forces or price systems are allowed to allocate resources.

Where a country embraces free market reform, it opens her doors to inflow of trade and foreign direct investment popularly known as FDI.

3 0
4 years ago
How to properly get rid of a ouija board bought from a yard sale?
irina [24]
Just toss it out and Rebuke it in Jesus name 
4 0
4 years ago
Read 2 more answers
A loan officer states, "Thousands of dollars can be saved by switching to a 15-year mortgage from a 30-year mortgage." Calculate
Lynna [10]

Answer:

$113,465

Explanation:

Calculation to determine difference in total dollars that will be paid to the lender under each loan

First step is to Calculate the difference in payments on a 30-year mortgage at an interest rate of .75% a month

$100,000 = PMT([1 / (0.0075)] − 1 / {(0.0075)[(1.0075)]^30 × 12})

PMT = $804.62

Second step is to Calculate the difference in payments on a 15-year mortgage at an interest rate of .7% a month

$100,000 = PMT([1 / (0.007)] − 1 / {(0.007 )[ 1.007)]^15 × 12})

PMT = $ 978.87

Now let determine the Total difference

Total difference = ($804.62 × 12 × 30) − ($978.87 × 12 × 15)

Total difference= $113,465

Therefore difference in total dollars that will be paid to the lender under each loan is $113,465

6 0
3 years ago
Jaron’s Internet is not functioning. A person from which pathway would best aid Jaron in fixing the issues with his Internet? a
ASHA 777 [7]

Answer:

A person In technology

Explanation:

4 0
3 years ago
Read 2 more answers
n the process of performance appraisal, _____ occurs when assessors rate all workers as average. a. halo error b. central tenden
Kitty [74]

Answer:

b. central tendency error

Explanation:

Central tendency error is the error in which the rater propensity could place the most items on the middle side of the rating scale. In this the employer puts the employees based on the performance i.e it varies from 4 to 7, 8 to 10, 1 to 3, etc

Therefore in the given situation, when the rate of assessors determined the rate for all workers as an average so the central tendency occurs

Hence, the correct option is b.

4 0
3 years ago
Other questions:
  • Head-First Company plans to sell 5,800 bicycle helmets at $76 each in the coming year. Unit variable cost is $44 (includes direc
    5·1 answer
  • "You save $3,260.00 in a savings account earning a 3.55% APR compounded monthly. How much is the total interest earned by the en
    10·1 answer
  • The concept or principle that states that companies should recognize revenue when goods or services are transferred to customers
    7·1 answer
  • At Sound Off!, a store that buys and sells used CDs, there is only one general partner, Sonia. She spends all her time running t
    12·1 answer
  • Acme Movers is a company that ships goods and cargo to all locations in the United States. The employees understand that the com
    8·1 answer
  • Sheridan Company has $3080000 of short-term debt it expects to retire with proceeds from the sale of 87000 shares of common stoc
    10·1 answer
  • Riley has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. His
    9·1 answer
  • gluon inc. is considering the purchase of a new high pressure glueball. it can purchase the glueball for $90,000 and sell its ol
    12·1 answer
  • Sheffield Company uses a periodic inventory system. For April, when the company sold 560 units, the following information is ava
    15·1 answer
  • Who is your fav group or solo singer
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!