An organization owned by stockholders that accepts deposits, processes payments, and

Sadik Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year ma

Nadya [2.5K]

Answer:

7.74%

Explanation:

The yield to call would be the internal rate of return considering the cahsflow until the bodn is called. W can solve for that using excel IRR function;

We list the cashflow in order.

F0 -1180

F1 105

F2 105

F3 105

F4 105

F5 1205 (105 coupon payment plus 1100 principal)

We now write the function and get the YTC

=IRR(B1:B6) 7.7366%

3 0

2 years ago

The total consumer surplus for good X can be calculated in all ways EXCEPT as:

Oliga [24]

Answer:

B. the area bounded by the demand curve for X and the two axes

Explanation:

5 0

2 years ago

What is the book value of muffin's masonry's assets today and the market value of these assets

pishuonlain [190]

Answer:

13

Explanation:

7 0

2 years ago

Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note to Lou who, in turn, indorses it to Mona, wh

STatiana [176]

Answer:

a. Jake, Kim, or Lou.

Explanation:

A promissory note is a note that should be signed with written promise in terms of paying some specific amount to the note owner on a specifiic date or on demand.

Since in the question it is mentioned that Jake who is a maker and pay to Kim and then it would endorse to Lou

So here the Mona should collect the payment from the above three parties

hence, the correct option is A.

7 0

2 years ago

Department A had no Work-in-Process at the beginning of the period, 1,000 units were completed during the period, 200 units were

statuscvo [17]

Answer:

Materials total cost equal to 2,000 the correct option is C

C. $2,000

Explanation:

Conversion Cost

conversion cost = labor + overhead

CC = 5,000 + 4,400 = 9,400

complete during the period 1,000 units

ending inventory 200 units 50%

Equivalent units:

completed + ending worked portion

1,000 + 200 x 50% = 1,000 + 100 = 1,100

CC equivalent unit cost 9,400/1,100 x 100 = 854.55

Materials

Cost $ 12,000

Equivalent units

completed 1,000

ending 200 at 100%

completed + ending times added portion

1,000 + 200 x 100 % = 1,200

Equivalent unit cost: 12,000 / 1,200 = 10

Ending inventory 200 x 10 = 2,000

5 0

2 years ago