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Readme [11.4K]
3 years ago
13

Your coworker Ethan is trying to find information on the Internet to include in his business report. In four to five sentences,

give Ethan advice on some search strategies he can use to find what he's seeking.
Business
1 answer:
nataly862011 [7]3 years ago
7 0

Answer: Pick his subject title, do a search concerning it, and make his report from there

Explanation:

These is dependent on what actually he's filling in the report. I would advise Ethan to pick out the subject title of what he's searching for and place on the net. When he does that, he would get various responses. He would have to do the selection himself regarding that which fits into his search, then use it for his report

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According to the FTC, how does the ECOA empower individuals?
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Stech Co. is issuing $9 million 12% bonds in a private placement on July 1, 2017. Each $1,000 bond pays interest semi-annually o
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Answer:

Expected selling price =$ 1,271.81

Explanation:

<em>The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.</em>

<em>These cash flows include interest payment and redemption value</em>

The price of the bond can be calculated as follows:

Step 1

<em>PV of interest payment</em>

coupon rate - 12%, yield - 8%, years to maturity- 10 years

Semi-annual coupon rate = 12%/2 = 6%

Semi-annual Interest payment =( 6%×$1000)= $60

Semi annual yield = 8%/2 = 4%

PV of interest payment

= A ×(1- (1+r)^(-n))/r

A- interest payment, r- yield - 4%, n- no of periods- 2 × 10 = 20periods

= 60× (1-(1.04)^(-10×2))/0.04)

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Step 2

<em>PV of redemption value (RV)</em>

PV = RV × (1+r)^(-n)

RV - redemption value- $1000, n- 2×10 r- 4%

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Step 3

<em>Price of bond = PV of interest payment + PV of RV</em>

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