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Lerok [7]
3 years ago
6

enjing purchases a bond for $2,000 with 12 remaining $40 quarterly coupon payments. The bond broker who sells her the bond reass

ures her that she will earn a return of 3% per quarter but does not disclose the bond's par value. What par value would result in the return the bond broker promises
Business
1 answer:
const2013 [10]3 years ago
7 0

Answer:

Wenjing

The par value that would result in the return the bond broker promises is:

= $1,333.

Explanation:

a) Data and Calculations:

Bond amount paid = $2,000

Quarterly coupon payments = $40

Remaining coupon payments = 12

Bond maturity period = 3 years (12/4)

Promised returns per quarter = 3%

The implication is that the bond's annual interest rate = 12% (3% * 4 quarters)

Par value of bond = Quarterly premium/Quarterly returns in percentage = $1,333 ($40/0.03)

Check this out: 3% of $1,333 = $40

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Which statement is true about third parties in a contract?
Arturiano [62]

Answer:

euyecshsud the answer is B !!!

4 0
2 years ago
Which of the following jobs is a career in educational support (2 points)
eduard

1. I believe the answer is:

A. Bus Driver

B. Librarian

Educational support jobs refers to the job that help children to obtain proper education. From the option above, bus driver has the role to transport the students from home to school and vice versa and the librarian help the students to obtain the books that cover their materials.

2. I believe the answer is: B. Guidance Councelor

Guidance counsellor trains the students to have a certain type of mindset that help the students in achieving their goals. They also provide advice/training regarding the habbit that the students need to do in their young ages to be able to obtain the career that they want.

3. I believe the answer is:

A. Bachelor Degree

C. On the job training

To obtain a teaching certificate for a certain subject, the teacher need a bachelor degree and complete a teacher preparation program. They also need to do on the job training. The duration of on the job training differ between states, but on average they are around 120 days.

4 0
4 years ago
Read 2 more answers
Fireworks, Inc., had an explosion in its plant that destroyed most of its inventory. Its records show that beginning inventory w
Zielflug [23.3K]

Answer:

$15,000

Explanation:

The computation is given below:

The goods available for sale is

= $40,000 + $480,000

= $520,000

And the sales is $620,000

So, the gross profit

= $620,000 × 25%

= $155,000

So, the cost of goods sold is

= Sale - Gross profit

= $620,000 - $155,000

= $465,000

Now the ending inventory is

= $520,000 - $465,000

= $55,000

And, the reimbursement amount is

= ($55,000 - $5,000) × 70%

= $35,000

So, the loss from the explosion is

= $55,000 - $5,000 - $35,000

= $15,000

6 0
4 years ago
Assume that eggs and cereals are substitute products for breakfast. If a disease kills a large number of chickens, what will hap
larisa [96]

Answer:

The correct answer is letter "D": the quantity demanded of cereal will increase.

Explanation:

According to the demand theory, as long as the quantity demanded increases, the price would decrease (the demand curve shifts to the right). The quantity demanded decreases when the price would increase (the demand curve shifts to the left).

In the example, as eggs and cereals are substitute products, if a disease kills a large number of chickens there will be fewer eggs supply in the market. Consumers will start looking for substitutes. Then, <em>the quantity demanded for cereal will increase</em> moving the <em>demand </em><u><em>curve</em></u><em> to the right</em>.

6 0
4 years ago
Suppose the economy is closed with national saving of $3 trillion, consumption of $10 trillion, and government purchases of $4 t
yanalaym [24]

Answer:

The correct answer is: $17 trillion.

Explanation:

The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces and it measures the size of the economy. The GDP is determined with the following formula:

GDP = C +  G + I + NX

where:

  • C: private consumption or consumer spending
  • G: government spending
  • I: businesses' capital spending
  • NX: net exports (exports - imports)

In the example:

GDP = $3 trillion + $10 trillion + $4 trillion = $17 trillion

4 0
4 years ago
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