True or False. A stockbroker is always required to act in a client's best interests and is held to a fiduciary standard.

The WeKnowThisStuff Company issued a $1,000 par value, 6% coupon, 8 year bond. The interest is paid semiannually and the market

Stella [2.4K]

Answer:

$1,032.01

Explanation:

Given:

Face value of bond (FV) = $1,000

Coupon rate = 6% annual rate or 6% / 2 = 3% semi-annual rate

Coupon payment (pmt) = 0.03 × $1,000

= $30

Rate = 5.5% annually or 5.5 / 2 = 2.75%

Time period (nper) = 8 × 2 = 16 periods

Current value of bond is present value of bond which can be computed using spreadsheet function =PV(rate,nper,pmt,FV)

So, present value of bond is $1,032.01.

PV is negative as it's cash outflow.

8 0

3 years ago

Finance is best defined as

IRINA_888 [86]

Answer:

the management of money and things that are worth money.

Explanation:

Finance is best defined as the management of money and things that are worth money.

7 0

3 years ago

mcgraw hill A(n) ______ can help employees feel that they are doing something worthwhile and are part of something important and

svlad2 [7]

Answer:

A(n) aspirational vision can help employees feel that they are doing something worthwhile and are part of something important and meaningful

Explanation:

What is aspirational vision?

Vision Statement. An organization would like to achieve or accomplished in the mid-term or long term future. It is intended to serves as as clear guide for choosing current and future courses of action.

6 0

3 years ago

A student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three

Varvara68 [4.7K]

Since the student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days, one can say that the statement suggests that option c) there is a trade off between studying and sleep.

<h3>What means trade-off?</h3>

The Definition of trade-off is known to be the act or the process that is used in equalizing the factors all of which are not able to achieve at the same time such as the trade off between studying and sleep.

Note that the term trade-off is seen as a point where there is a situational decision that entails the act of lowering or losing one quality, quantity and even property so that one can be able to get other aspects or things,

Therefore, Since the student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days, one can say that the statement suggests that option c) there is a trade off between studying and sleep.

Learn more about trade off from

brainly.com/question/7072776

#SPJ1

A student comments to his roommate that the only way he will be able to pass his final exams is to not sleep for the next three days. This statement suggests that a) students are more concerned about good grades than health b) society should value sleep more c) there is a trade off between studying and sleep d) society should value good grades more than sleep

4 0

2 years ago

g 3) You are interested in purchasing an apartment complex for $2,000,000 that has Net Operating Income (NOI) of $120,000 and is

Paraphin [41]

Answer:

the cap rate is 6%

Explanation:

The computation of the cap rate is as follows:

= Net operating Income ÷ Current market value of property

= $120,000 ÷ $2,000,000

= .06

= 6%

Hence, the cap rate is 6%

We simply divided the net operating income from the Current market value of property so that the cap rate could come

4 0

3 years ago