1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oksi-84 [34.3K]
2 years ago
9

You own a bond that pays $64 in interest annually. The face value is $1,000 and the current market price is $1,062.50. The bond

matures in 30 years. What is the yield to maturity? (round your answer to two decimal places)
Business
1 answer:
drek231 [11]2 years ago
6 0

Answer:

the yield to maturity of this bond is 5.7%

Explanation:

given data

pays interest annually C =  $64

face value F = $1,000

current market price P = $1,062.50

bond matures n = 30 years

solution

we get here yield to maturity that is express as

yield to maturity =

yield to maturity = [C+ (F-P) ÷ n] ÷ [(F+P) ÷ 2   ]     .................1

put here value and we get

yield to maturity = \frac{64+(1000-1062.50)}{11}  ÷ \frac{(1,000+1,062.50)}{2}

yield to maturity = 0.057

so that the yield to maturity of this bond is 5.7%

You might be interested in
A manufacturing company applies factory overhead based on direct labor hours. at the beginning of the year, it estimated that fa
slamgirl [31]

Answer:

The amount of underapplied manufacturing overhead at the end of the year is $1200.

Explanation:

Total estimated $360,000/est

direct labour hours 45000 = $8x (Actual Dl hours) 47000

                                             = $376,000

Actual Overhead worked = $377,200 - $376,000

                                           = $1200 underapplied

Therefore, The amount of underapplied manufacturing overhead at the end of the year is $1200.

7 0
3 years ago
In your opinion, why people do not create their own brand / business today?
denis-greek [22]
They might not have the money to invest in a buisness
8 0
3 years ago
What are the difference classifications for deposit account
erma4kov [3.2K]

Answer:

Deposits accounts classified as currents accounts, savings accounts and money market accounts.

Explanation:

Deposit account is a kind of savings account which allows the person or an individual to deposit or withdrawn the money by the account holder. These transactions are recorded in the banks books and the resultant balance will be reported as a liability for the bank.

The several different kinds of deposit accounts involves money market accounts, current accounts, call deposit accounts, Certificates of deposit (CDs) and savings accounts.

5 0
3 years ago
In a word document, conduct a cost-benefit analysis where you write all of the costs (monetary and non-monetary) and compare the
sineoko [7]

It should be noted that cost-benefit analysis is the way to compare the costs and benefits of a project expressed in monetary units.

<h3>What Is a Cost-Benefit Analysis?</h3>

A cost-benefit analysis is the systematic process which businesses use on order to analyze which decisions to make and the ones that will be forgo. The cost-benefit analyst simply sums the potential rewards that are expected from a situation and then subtracts the total costs that are associated with taking that action.

The major steps in a cost-benefit analysis

  • Specify the set of options.
  • Decide whose costs and benefits count.
  • Identify the impacts and select measurement indicators.
  • Predict the impacts over the life of the proposed regulation.
  • Monetize and place dollar values on impacts.

Before the class goes on a field trip to Walt Disney World in Orlando, it's important to conduct a cost-benefit analysis that will be used to evaluate all the potential costs and the revenues which the class might generate from the project.

Then, the outcome that is gotten from the analysis will determine whether the project will be financially feasible or whether the company can pursue another project.

Learn more about cost-benefit analysis on:

brainly.com/question/12530168

#SPJ1

7 0
2 years ago
A NASDAQ security is bid at $42 and offered at $42.25. An over-the-counter trader effects a trade at $42.25 and charges a commis
ella [17]
$42.25
- trade prices that are shown on the tape DO NOT include commission.
4 0
3 years ago
Other questions:
  • The _____ environment of your country affects the interest rates you pay on your mortgage and credit cards as well as those you
    12·1 answer
  • On January 2, 2018, the Matthews Band acquires sound equipment for concert performances at a cost of $66,400. The band estimates
    12·1 answer
  • Controlling the supply of money to influence the economy is called
    9·1 answer
  • What is the stock price per share for a stock that has a required return of 12%, an expected annual dividend of $3.15 per share
    11·1 answer
  • The market potential is equal to the​ ________, or the sales limit approached by company demand as company marketing effort incr
    15·1 answer
  • Status
    15·1 answer
  • Amber is in charge of preparing an annual budget for her company. As part ofthe budgeting process, she must estimate cost of goo
    12·1 answer
  • Last year real GDP in the imaginary nation of Oceania was 561.0 billion and the population was 2.2 million. The year before, rea
    6·1 answer
  • Applying macroeconomic knowledge to explain the fiscal policy of countries in 2008
    14·1 answer
  • Material requirements plus an allowance for normal inefficiencies are added together to determine the.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!