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weeeeeb [17]
3 years ago
5

A 2000 11% ten-year bond has semiannual coupons and is sold to yield 5.2% covertible semiannually. the discount on the bond is $

83.28. find the redemption amount
Business
1 answer:
Len [333]3 years ago
5 0

Answer:. The redemption amount is 4438.18

Explanation:

Given:

F= 2000,

r= 5.5%,

Fr= 110,

j= 2.6%, 20 payments.

Then,

P=C-83.28 P= 110a20|2.6%+C(1 + 2.6%)-20, then,

C= 4438.18.

Therefore,

The redemption amount is 4438.18

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3 years ago
In the last decade or so, there has been a dramatic expansion of small retail convenience stores (such as 7-Eleven, Kwik Shop, a
Vladimir79 [104]

Answer:

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3 0
3 years ago
Which of the following would NOT cause a shift in supply? A. changes in the price of inputs B. changes in the price of other goo
adell [148]

Answer:

C.

Explanation:

<em>The correct answer would be changes in consumer input.</em>

The supply of a good can be influenced by changes in the price of inputs for that goods, changes in the price of substitute goods, as well as changes in technology that positively or negatively affect the production of such goods.

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3 years ago
Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectivel
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Answer:

The amount of accounts receivable which is to be reported on the company's budgeted balance sheet for August is $150,000

Explanation:

For computing the account receivable balance for the august month, the following adjustment is required which is shown below:

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where,

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And, the credit sale percentage is 75% because 25% is cash sale and the remaining 75% is a credit sale

So,

the accounts receivable would be equals to

= $200,000 × 0.75

= $150,000

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