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Veseljchak [2.6K]
3 years ago
12

Sqeekers Co. issued 10-year bonds a year ago at a coupon rate of 8.2 percent. The bonds make semiannual payments and have a par

value of $1,000. If the YTM on these bonds is 6.5 percent, what is the current bond price
Business
1 answer:
Lynna [10]3 years ago
7 0

Answer:

The current price of the bond is $1,114.47

Explanation:

The computation of the current bond price is as follows:

Here we have to applied the present value formula by putting the following information

Given that

Par value = Future value = $1,000

NPER = (10 - 1) × 2 = 18

RATE = 6.5% ÷ 2 = 3.25%

PMT = $1,000 × 8.2% ÷ 2 = 41

The formula is given below:

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

After applying the above formula, the current price of the bond is $1,114.47

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Answer:

C. Each state or country can adopt large-scale production techniques that allow lower per-unit costs of production.

Explanation:

Typically explained, Economies of scale (EOS) are the advantages or benefits a firm achieves due to increase in production or operation which in turn leads to decrease in per unit costs.

Here in this question, it is evident that the only way economies of scale could be achieved is by increasing the large scale production techniques that leads to lower per-unit costs of production for the firms.

Hope this clear things up.

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Direct Labor Variances La Barte Company manufactures commuter bicycles from recycled materials. The following data for July of t
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Answer:

Explanation:

a. The computation of the labor rate variance is shown below:  

= Actual Hours × (Actual rate - standard rate)  

= 5,050 × ($16.80 per hour - $16 per hour)  

= 5,050 × $0.80 per hour

= $4,040 unfavorable

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= $16 per hour × (5,050 hours - 1,000 × 5.4 hours)  

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c. The computation of the total labor variance is shown below:  

= (Actual hours × Actual rate) - (Standard hours × standard rate)

= (5,050 hours × $16.80 per hour) - (1,000 bicycles × 5.4 hours × $16 per hour)

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3 years ago
Aperture Science relies on its employees to provide innovative ideas for new educational products. To foster intrinsic motivatio
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To foster intrinsic motivation in its workforce, Aperture Science should give employees a "free day" every two weeks to pursue ideas for new educational toys.

<h3><u>What is intrinsic motivation?</u></h3>
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Many businesses encourage their employees by allowing them free time to pursue their interests. Making time for enjoyable tasks has been proved to increase employees' feelings of autonomy and to be a fantastic source of invention.

Know more about intrinsic motivation with the help of the given link:

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2 years ago
Bitcoin is a type of
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for me its A.biometric authentication

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