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RoseWind [281]
3 years ago
7

Pinder Co. produces and sells high-quality video equipment. To finance its operations, Pinder issued $25,000,000 of five-year, 7

% bonds, with interest payable semiannually, at a market (effective) interest rate of 9%. Determine the present value of the bonds payable, using the present value tables in Exhibit 5 and Exhibit 7. Round to the nearest dollar. $fill in the blank 1
Business
1 answer:
PilotLPTM [1.2K]3 years ago
3 0

Answer:

Bond Price or Present value = $23021820.4557 rounded off to $23021820

Explanation:

To calculate the quote/price of the bond today, the present value, we will use the formula for the price of the bond. As the bond is a semi annual bond, the semi coupon payment, semi annual number of periods and semi annual YTM will be,

Coupon Payment (C) = 25000000 * 0.07 * 6/12 = $875000

Total periods (n) = 5 * 2 = 10

r or YTM = 0.09 * 6/12 = 0.045 or 4.5%

The formula to calculate the price of the bonds today is attached.

Bond Price = 875000 * [( 1 - (1+0.045)^-10) / 0.045]  +

25000000 / (1+0.045)^10

Bond Price or Present value = $23021820.4557 rounded off to $23021820

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Katarina [22]

Answer:

The new Quantity to be sold at $1 is 200 in the short run

Explanation:

The question is to determine the Popsicle sold each day in the short run for a price rise of $1

The formula to use for the Price elasticity of supply in short run

(New Quantity demanded - Old Quantity demanded )/ Old Quantity + New Quantity/ 2

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(New Price - Old Price) / (Old Price + New Price)/ 2

The formula can also be simply written as

[(Q2 – Q1)/{(Q1 + Q2)/2}] / [(P2 – P1)/{(P1 + P2)/2}]

Step 2: Solve using the formula

Old Quantity = 100

New Quantity = Q2

Old Price = 0.50

New Price = $1

Solve:

[(Q2 – 100)/{(100+ Q2)/2}] / [(1 – 0.50)/{(0.50 + 1)/2}] = 1

=100 + Q2= 3Q2-300

= 2Q2= 400

Q2= 400/2

Q2= 200

The new Quantity to be sold at $1 is 200

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all of the following are categorizations of human activity affected by big data analytics except: trash collection. security and
xxTIMURxx [149]

Trash collection is the process of collection and removal of garbage. It does not get affect by big data analytics. Thus, the correct option is A). Trash collection.

<h3>What is the significance of the trash collection?</h3>

Trash collection is the process of the collection and removal of garbage. It is the act of picking up or collecting the garbages from various places.

Trash collection plays a very significant role in the environment. Proper garbage collection and disposal facilitates the recycling process, lessens the impact on landfills, and protects the environment by controlling the pollutants that are released.

Basically, trash collection is a part of the process of waste management.

Learn more about trash collection here:-

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Gary and Wilma Johnson plan to open a bus tour business, taking people from their small city to historic sites along the East Co
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Which of these is NOT a safe skill to employ in the presence of road workers?
QveST [7]

Answer:

  • <em><u>C. Drive at the posted speed limit</u></em>

Explanation:

The answer choices for this question are:

  • A. Keep alert and watch out for construction barrels or cones
  • B. Slow down even if you don't think you'll hit a road worker
  • C. Drive at the posted speed limit
  • D. Keep as much distance as you can while navigating around them

Since the conditions of the road are not the best, you should drive below the posted speed of limit.

The only presence of workers on the road represent a risk for them and for you.

The number of lanes are reduced, the road could present potholes, dirt, stones, or even some substances that make the pavement slippery. You could not have good visibility.

All those risks make that you have to be extremely careful, reduce your speed, lower than than the posted speed limit.

Thus, you should:

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  • B. Slow down even if you don't think you'll hit a road worker
  • C. <u>NOT </u>drive at the posted speed limit
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GarryVolchara [31]

Answer:

Interest

Explanation:

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