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Ad libitum [116K]
3 years ago
6

A company is trying to estimate the cost of debt for a new project. For their estimate, they will find the yield to maturity on

existing company bonds. They have one outstanding bond issue at the moment that will mature in 15.00 years. The bond pays an annual coupon of 9.00%, with a face value of $1,000. The bond currently trades at 92.00% of face value. What is the yield to maturity on the existing debt
Business
1 answer:
Semmy [17]3 years ago
8 0

Answer:

Yield to maturity =9.9%

Explanation:

The yield to maturity is the return on debt expressed in percentage.  It can be used to worked as follows using the formula below

YTM =( C + F-P/n) ÷ ( 1/2× (F+P))

C- annual coupon,  

F- face value ,

P- current price,  

n- number of years to maturity

YM - Yield to maturity

C- 9%× 1000 =90 , P- 92×1000= 920,  F- 1000

AYM = 90 + (1000-920)/15 ÷ 1/2× (1000+920)

= 95.33 ÷ 960

Yield to maturity =9.9%

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Create a list of five action verbs you might use on a job application to describe skills and/or work history. Here are some exam
kotegsom [21]

Answer:

Examples:

• accomplished

• designed

• initiated

• supervised

• addressed

• corresponded

• persuaded

• publicized

• reconciled

• executed

• monitored

• operated

• consolidated

• appointed

• delegated

• established

Explanation:

Action verbs: One type of power word is an action verb. This kind of verb shows your ability to succeed. These words demonstrate the skills you have used in previous jobs to achieve success. I added in some more because I'm extra.

Hope this helps. :)

7 0
3 years ago
Assume that you pay $2,849. 84 in state property taxes every year. If your property has an assessed value of $41,302, what is yo
Alex787 [66]

The property tax rate for the assessed property of $41,302 is <em><u>0.069</u></em>.

The property tax is the value holding the property paid to the statement in the form of their charges or in the form of their state revenue.

Computation:

Given,

State property tax =$2849.84

The assessed value of property =$41,302

The tax rate is computed by dividing the tax amount by the actual value of the property.

\begin{aligned}\text{Tax Rate}&=\dfrac{\text{State Property Tax}}{\text{Assessed Value}}\\\ &=\dfrac{\$2,849.84}{\$41,302}\\\ &=0.069\end{aligned}

The tax rate upon which the property tax is paid is <em><u>0.069</u></em>, that is option d. is correct.

To know more about property tax, refer to the link:

brainly.com/question/855419

4 0
2 years ago
If the revenue for a certain product is $9.00 each and the company sells x products, then the revenue equation is R = 9x. If the
zvonat [6]

Answer:

The company must sell 10,00 products to break even

Explanation:

If you use the approached suggested in the question,  you can solve for break even quantity by setting revenue to equal cost

R = C => 9x = 50,000 + 4x => 5x = 50,000 => x =10,000

<u>Double check: </u>

10,000 products sold as $9 would fetch $90,000 in revenue

Producing 10,000 products would incur 50,000 + 4 * 10,000 = $90,000 in total costs

=>The solution is correct

3 0
3 years ago
Identify the following as a fixed asset (FA), or intangible asset (IA), natural resource (NR), or none of these (N). a. Computer
julsineya [31]

Answer:

a. Computer - fixed asset

b. Patent - intangible asset

c. Oil reserve - natural resource

d. Goodwill - intangible asset

e. U. S. Treasury note - none of these (N)

f. Land used for employee parking - fixed asset

g. Gold mine - natural resource

Explanation:

Intangible assets are the assets of a company that cannot be seen or they are not physical in nature. They are usually difficult to evaluate. They include:

  1. Goodwill
  2. Patent
  3. Trademarks
  4. copyrights

a fixed asset is a long term tangible piece of property or equipment that a company has and uses it to generate income. they include plant, property and equipment.

A natural resource is a substance that occurs in nature that can be used to generate economic profit.

5 0
2 years ago
Which of Daniel’s reasons for rejecting insurance are reasonable?
sleet_krkn [62]

Answer:

To not get life insurance because he has no dependents is reasonable.

Explanation:

7 0
3 years ago
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