Answer:
The coupon rate is 10.3%
Explanation:
The interest to set on the bond in order to sell them at par can be computed using rate formula in excel:
=rate(nper,pmt,pv,fv)
nper is the number of times the bond would pay interest over its time to maturity which is 19*2=38
pmt is the interest payment semi-annually at $1000*10.3%/2=$51.5
pv is the price of the bond which is the par value of $1000
fv is the value at redemption which is also $1000
=rate(38,51.5,-1000,1000)
rate=5.15%
this is the semi-annual rate ,the yearly yield to maturity is 5.15%*2=10.30%
When a bond sells at par the yield to maturity is the same as the coupon rate
The planning without <em>Implementation </em>will be useless.
Strategic planning means the process of documenting and establishing the direction of the organisation goals and objectives
- The purpose of this type of planning is that its outline the master goals for one's business and also develop a plan on how to achieve them.
- The reason why plans are created is to know how to implement certain steps, so therefore, the implementation is the final process on the plan chain.
In conclusion, It is wide-known that <u>a plan with action is worthless</u>. Therefore, a planning without <em>implementation</em> of such plan makes the plan more worthless.
Learn more about Strategic planning here
<em>brainly.com/question/17185056</em>
Answer:
Single accounts are held by one person, while joint accounts have two or more holders.
Explanation:
The main difference between a single account and a joint account lies in the ownership of the account, that is, in how many people can be owners of said account. Thus, single accounts can only have one owner, that is, a single account owner. On the other hand, joint accounts can have more than one holder, with which the bank account can be shared by several people at the same time.
The correct answer to this question is letter "b. it makes production more efficient." Specialization benefit an economy is that <span>it makes production more efficient. In this way, specialization will help the company to focus on a specific product and make the production to be efficient. </span>
Answer:
DPS = 2.60
Explanation:
When the income is greater than 80 millions
the dividends will increase 40% of the amount that exceeds 60 millions
If abel earn 100 millons then
100 > 80 This earning qualifies for the extra dividend
amount over 60 x 40%
(100 - 60 ) x 40% = 16 millions
16/10 = 1.6 bonus dividends per share
base dividend $ 1.00
+ bonus $ 1.60
Total $ 2.60
Dividends per share when earning 100 millions = 2.60