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stepan [7]
3 years ago
6

A $10,000 face value Treasury bond is quoted at a price of 101.6533 with a current yield of 4.87 percent. What is the coupon rat

e?
A) 5.20 percent
B) 4.48 percent
C) 5.41 percent
D) 4.95 percent
E) 4.27 percent
Business
1 answer:
musickatia [10]3 years ago
4 0

Answer:

D) 4.95 percent

Explanation:

The current yield formula can be used to determine the coupon payment which would thereafter be used to compute coupon rate as required:

current yield=coupon payment/current market price

current yield=4.87%

coupon payment=unknown

current market price=101.6533%*$10,000

current market price=$10,165.33  

4.87%=coupon payment/$10,165.33  

coupon payment=$10,165.33 *4.87%

coupon payment=$495.051571

coupon rate=coupon payment/face value

coupon rate=$495.051571 /$10,000

coupon rate=4.95%

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Answer:

B) = $38.44

Explanation:

<em>Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers. Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.</em>

Activity rate is calculated as:

<em>Activity cost for the period / Total cost drivers for the period</em>

<u><em>Activity rate for supporting customers:</em></u>

<em>The appropriate cost driver to allocate supporting customer activity is the number of customers as given.  This is so because it is most likely that the number of customers served will be a major factor that influences the supporting customers activity costs. </em>

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= $34,600/(600+300)

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5 0
3 years ago
The manager of a local grocery store introduces a short conveyor belt that allows customers to place items on it prior to checki
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"Job design" alludes to the way that an arrangement of assignments, or a whole job, is composed. Job design decides:  

What tasks are finished.  

How the tasks are finished.  

What number of tasks are finished.  

In what arrange the tasks are finished.  

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3 years ago
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Answer:

$950 in 4 weeks

Explanation:

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OR

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Answer:

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Answer:

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