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Stels [109]
3 years ago
7

A corporate bond matures on October 31, 2035. Its coupon rate is 5.00% and face value is $100. Its yield is 5.90%. How much is i

ts price on June 3, 2020
Business
1 answer:
zvonat [6]3 years ago
6 0

Answer:

Its price on June 3, 2020 is $90.70.

Explanation:

The price of the Bond is its Present Value (PV) .

You need to determine first the number of years between June 3, 2020 and October 31, 2035. Draw a timeline to be accurate. There are 16 years and 5 months.

Next, we can calculate the price using time value of money techniques.

N = 16.4

PMT = $100 × 5.00% = $5

P/Yr = 1

FV = $100

IRR = 5.90%

PV = ?

Using a Financial calculator to input the values as above, the price of Bond on June 3, 2020 is $90.70.

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Suppose two successive levels of disposable personal income are $16 and $21 billion, respectively, and the change in consumption
Novay_Z [31]

Answer:

The correct answer is 0.4

Explanation:

Marginal Propensity to consume

21 Billions- 16 Billions = 5 Billions

2 Billion ÷ 5 Billions = 0.4

The MPC will be equal to 0.4

7 0
3 years ago
The number of people employed in one country is 230 million, with a total number of unemployed people at 40 million. The total p
Leto [7]

Answer:

14.81%

Explanation:

Unemployment rate = (unemployed people/ labour force ) x 100

Labour force = unemployed people + employed people

= 230 million + 40 million = 270 million

(40 / 270) × 100 = 14.81%

I hope my answer helps you

3 0
3 years ago
The promotional mix includes advertising, personal selling, sales promotion, __________, and direct marketing. A. public relatio
krok68 [10]

Answer: option "A" is correct

Explanation:

It's an official context for other options.

6 0
3 years ago
Decruitment is the planned elimination of ________ in an organization. A) jobs
galben [10]

Answer:

C) cross-functional teams

Explanation:

Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.

Hence, human resources managers are saddled with the responsibility of recruiting, downsizing, decruiting, managing and improving the welfare and working conditions of the employees working in an organization.

A cross-functional team can be defined as a group that comprises of employees from different functional areas within an organization.

Decruitment is the planned elimination of cross-functional teams in an organization.

This ultimately implies that, decruitment is a method adopted by human resource managers to reduce the number of various employees (workforce) working in an organization.

Similarly, downsizing refers to the planned elimination of jobs (job positions) existing in an organization.

3 0
3 years ago
A trial balance consists of:Multiple ChoiceA two-column financial statement intended for distribution to interested parties outs
icang [17]

Answer:

A two-column schedule listing names and balances of all ledger accounts.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.

Generally, financial statements are the formally written records of the business and financial activities of a business entity or organization.

There are four (4) main types of financial statements and these are;

1. Balance sheet: it contains financial information about assets, liability, and equity.

2. Cash flow statement: it contains financial information about operating, financial and investing activities.

3. Income statement: it contains financial information about the income and expenses of an organization.

4. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.

A trial balance consists of a two-column schedule listing names and balances of all ledger accounts.

5 0
3 years ago
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