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
horsena [70]
3 years ago
10

g Suppose a bond is priced at $1035, has 12 years remaining until maturity, and has a 12% coupon, paid monthly. What is the amou

nt of the next interest payment (in $ dollars)
Business
1 answer:
trapecia [35]3 years ago
4 0

Answer:

$10

Explanation:

As the bond is priced at $1035, the par value is $1000.

<em><u>Calculation of the amount of the next interest payment</u></em>

= Par value * Coupon rate/12

= $1000 * 12%/12

= $1000 * 1%

= $10

So, the amount of the next interest payment is $10.

You might be interested in
What makes McDonald's successful in business?
faust18 [17]
McDonalds is a fast food restaurant (I don't it's actually called a restaurant) and it has to best cheeseburgers and a slide. Lots of people bring their children there and the kids LOVE IT (I hope) so it is successful. Plus, there is almost 100 McDonalds in every City.
In 30 years, I think McDonalds is still gonna be in business because it has been successful for many, many years and I think if it goes out of business:
1. The world will be disappointed
2. it's impossible because it's 24/7.

I hope this helped!
5 0
3 years ago
Read 2 more answers
Depreciation is the accountant's estimate of the cost of ______ used in the production process matched with the benefits produce
faust18 [17]

Answer:

Fixed assets and equipment

Explanation:

Depreciation is the accountant's estimate of the cost of fixed assets and equipment used in the production process matched with the benefits produced from owning it.

It is the decrease in the value of assets and the method used to reallocate the cost of asset over its useful life span.

Assets can be categorized as :

1. Current

2. Fixed

3. Tangible

4. Intangible assets.

In accounting, there are several standard methods of computing depreciation expense:

1. Fixed percentage

2. Straight line

3. Declining balance methods.

4 0
3 years ago
The Oviedo Company is considering the purchase of a new machine to replace an obsolete one. The machine being used for the opera
Elza [17]

Answer:

Yes it should as the net present value at the firm WACC is positive $ 4,156.54

Explanation:

we are given with the after-tax cost for the machine and after-tax cost of the labor cost savings the new machine will provide

So we should check if the present value of the savings is greater or equal than the machine cost:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\  

C $ 8,000

time 10 years

rate=WACC= 0.1

8000 \times \frac{1-(1+0.1)^{-10} }{0.1} = PV\\  

PV $49,156.5368  

Net present value:

inflow - cost

49,156.54 - 45,000 = 4,156.54

6 0
3 years ago
Which type of facility layout is seen in the given example? George works as an operations manager for a machine manufacturer. Wi
Norma-Jean [14]

Answer: process

Explanation:just did the test on edmentum

4 0
3 years ago
Read 2 more answers
Does Audit services needed in Auchi polytechnic student union government? If yes,why
Zepler [3.9K]

Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.

.

<h3>What is the student union?</h3>

The student union is known to be a body that is composed of student of any university, polytechnic or college institution.

It is known to be a body that is autonomous and one whose internal life set up its own by-laws.

Note that the student unions are often allocated funds by the university or polytechnic  and as such they have to use the audit service because some of their leaders may squander the money given to them., So this will help to checkmate them.

Hence, Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.

Learn more about student union government from

brainly.com/question/14856644

#SPJ1

3 0
2 years ago
Other questions:
  • Because training is expensive it is important for an organization to:____________.
    15·1 answer
  • The keynesian? short-run aggregate supply? (sras) curve
    6·1 answer
  • Which is the most likely scenario in which someone would take out a short-term loan with a bank?
    6·1 answer
  • Which of these statements is most accurate regarding mortgage payments through the life of your loan?
    6·1 answer
  • What are the key choices a company must make before reaching the final decision to go global?
    9·1 answer
  • . Due to a car accident you receive a settlement from insurance of $50 a month for the next ten years. What is that worth to you
    9·1 answer
  • An​ avant-garde clothing manufacturer runs a series of​ high-profile, risque ads on a billboard on highway 101 and regularly col
    11·1 answer
  • You are to receive an annuity of $1,000 per year for 10 years. You will receive the first payment two years from today. At a dis
    12·1 answer
  • What effect will each of the following have on the supply of auto tires? (Keeping all else constant)
    15·1 answer
  • Which type of savings account offers the best interest rates?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!