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shepuryov [24]
3 years ago
14

United States Steel Corporation’s (X) 7.5% bonds due in 2022 were reported as selling for 103.2.

Business
1 answer:
kirill [66]3 years ago
4 0

Answer:

because they are able to create it at a lower price

Explanation:

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When companies adopt the strategy-making and strategy execution process it requires they start by
Law Incorporation [45]

Answer:

The answer is A. developing a strategic vision, mission and values.

Explanation:

When companies formulate strategy, It involves choosing the most appropriate method or course of action that will help in actualizing the companies goals.  

Strategy formulation and execution is important for the achievement of goals of an organisation because it helps to provide a path that the organisation will   follow towards achieving their objectives.

In formulating and executing strategy, the first step to take is to develop a strategic vision, mission and values for the organisation.

The stage of vision , mission and value statement requires the organisation to state clearly why it is existing, what it intends to achieve, how it intends to achieve it, and the various guiding principles that will assist such organisation in achieving it goals and objectives.      

3 0
3 years ago
Why is it important to understand the terminology associated with student<br> finances?
defon
Are they’re multiple answers choices or a open question
8 0
3 years ago
Workman Software has 8.8 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and cu
OverLord2011 [107]

Answer:

current yield 8.2089552%

YTM = 8.05%

effective annual yield = 4.92%

Explanation:

(A)

current yield = C/P

coupon payment / market price

8.8/107.2 = 0.082089552 = 8.2089552%

(B)

P = \frac{C}{2} \times\frac{1-(1+YTM/2)^{-2t} }{YTM/2} + \frac{CP}{(1+YTM/2)^{2t}}

First par being the present value of the coupon payment and second the redeem of the face value at the end of the bond.

market price 107.2

face value 100

time = 19

rate 8.8%

C = annual coupon payment 100 x 8.8% = 8.8

You solve this using a financial calculation and get the semiannual rate

YTM/2 = 0.040268160

then multiply by 2 to get the annual YTM

0.040268160  x 2 =

YTM = 0.08053632 = 8.05%

(C)

Effective Annual Yield

(1+HPR)^{365/time} -1 = EAY

where:

Holding period return:

\frac{Net \: Return}{Investment} = HPR

In this case:

coupon payment + redem - investment = net return

8.8 * 19 + 100 - 107.2 = 160

160/107.2 = 1.492537313

Then

(1+HPR)^{365/time} -1 = EAY

(1+1.142537313)^{\frac{365}{19\times365}} -1 = EAY

EAY = 0.049242509 = 4.9242509%

8 0
3 years ago
The "market clearing price" is most closely associated with
mel-nik [20]

The market clearing price is the price that balances the amount buyers want to buy with the amount sellers want to sell. This price balances the amounts demanded and supplied. The "market clearing price" is most closely associated with market equilibrium, because it exists when a market is clear of shortage and surplus, or is in equilibrium, when the demand curve and supply curve intersect.

4 0
3 years ago
Read 2 more answers
Green Grocer and Futurity Farms enter into an agreement whereby Futurity will supply Green Grocer with 200 dozen eggs every two
MatroZZZ [7]

Answer: a, provides 30 days' notice to futurist of its desire to terminate.

Explanation: for an appointment to be terminated, there would a notice prior that termination, you can't just terminate an appointment without a 30days notice.

6 0
3 years ago
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