Shares with the right vote and dividends are paid as residual claimants against other shareholders

Bond X is a premium bond making semiannual payments. The bond pays a coupon rate of 11 percent, has a YTM of 9 percent, and has

alexandr1967 [171]

Answer:

Results are below.

Explanation:

To calculate the price of each bond, we need to use the following formula:

Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond X:

Coupon= (0.11/2)*1,000= $55

YTM= 0.09/2= 0.045

Years to maturiy= 11 years

Bond Price= 55*{[1 - (1.045^-11)] / 0.045} + [1,000/(1.045^11)]

Bond Price= 469.1 + 616.2

Bond Price= $1,085.3

Bond Y:

Coupon= (0.09/2)*1,000= $45

YTM= 0.11/2= 0.055

Years to maturiy= 11 years

Bond Price= 45*{[1 - (1.055^-11)] / 0.055} + [1,000/(1.045^11)]5

Bond Price= 364.16 + 554.91

Bond price= $919.07

3 0

3 years ago

Carlisle Enterprises, a specialty pharmaceutical manufacturer, has been losing market share for three years because several key

Olegator [25]

Answer:

It should obtain at least: $ 17,363,986.04

Explanation:

we have several cash flow of different magnitude. As thisi s a finite sum of cash flow, we solve using present value of each lump sum using our WACC as discount rate:

$\frac{Nominal}{(1 + rate)^{time} } = PV$

$\frac{8,500,000}{(1 + 0.15)^{1} } = PV$

$\frac{7,500,000}{(1 + 0.15)^{2} } = PV$

$\frac{5,000,000}{(1 + 0.15)^{3} } = PV$

$\frac{2,000,000}{(1 + 0.15)^{4} } = PV$

$\frac{500,000}{(1 + 0.15)^{5} } = PV$

Year Nominal Cash Flow Present Value

1 8,500,000.00 7,391,304.35

2 7,000,000.00 5,293,005.67

3 5,000,000.00 3,287,581.16

4 2,000,000.00 1,143,506.49

5 500,000.00 248,588.37

Total Present value 17,363,986.04

8 0

3 years ago

Parents of young children have been known to drive out of their way so their kids will not see McDonald's Golden Arches and plea

Pavel [41]

E

know what the Golden Arches brand symbol means.

7 0

3 years ago

Read 2 more answers

Anand is a manager who believes that he can force his subordinates to work extra hours through close supervision. He instills fe

Archy [21]

Answer:

Theory X Manager

Explanation:

Douglas McGregor presented this perspectives of human being named as Theory X (which is labeled as negative). McGregor after studying the manager's behavior and how they are dealing with their employees, came to the conclusion that the manager’s views of the nature of human beings are built on the particular assumptions taken from their behavior.

According to Theory X, managers tend to believe that not liking the work is present in employee nature and therefore it is necessary to direct or even force them to perform tasks and their required job.

To put it another way, theory X basically tries to put that all humans and particularly employees are lazy, and they don't want to work, they are required to pull and push for doing so.

7 0

2 years ago

Today is MultipleThanker9 birth day now say happy birth day to her

stepan [7]

Answer:

happy birthday

Explanation:

happy birthday to you wish I m

4 0

3 years ago

Read 2 more answers

Shares with the right vote and dividends are paid as residual claimants against other shareholders​

Shares with the right vote and dividends are paid as residual claimants against other shareholders