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Volgvan
3 years ago
10

A corporate bond has an annual coupon rate of 7.5% and pays interest annually. The face value is $1,000 and the current market p

rice is $1,108.15. The bond matures in 14 years. What is the yield to maturity?
a. 6.31%
b. 7.82%
c. 8.00%
d. 8.04%
e. 8.12%
Business
1 answer:
pantera1 [17]3 years ago
8 0

Answer:

the correct option is a. 6.31%

Explanation:

The computation of the yield to maturity is shown below:

Given that

Present Value = $1,108.15

NPER = 14

Future Value = $1,000

PMT = $1,000 × 7.5%

Now the formula is shown below:

= RATE(NPER;PMT;-PV;FV;TYPE)

= 6.31%

hence, the yield to maturity is 6.31%

Hence, the correct option is a. 6.31%

All other options are wrong

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Answer:

B) lockout

Explanation:

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And all other given options are wrong.

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When faced with a conflict, police officers should?
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What should you do 10 to 15 minutes before a webinar begins?
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Go to the bathroom, get a glass of water and review you topics.
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3 years ago
The following information is for the Jeffries​ Corporation: Product​ A: Revenue ​$18.00 Variable Cost ​$14.00 Product​ B: Revenu
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Jeffries Corporation's Operating Income from the two products is <em>A. ​$35,000.</em>

The operating income is the difference between the revenue and operating costs (variable and fixed costs).

Data and Calculations:

                             Product A     Product B     Total

Revenue                 $18.00           $21.00

Variable cost            14.00              13.00

Contribution            $4.00             $8.00

Fixed costs                                                 $143,000

Total sales units                                            35,600

Sales mix                  3                        1               4

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Total contribution$106,800      $71,200  $178,000

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Operating income                                      $35,000

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Read more: brainly.com/question/14815746

 

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Select all the correct answers
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D and E are be the correct answers

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