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WARRIOR [948]
3 years ago
12

A callable bond pays annual interest of $60, has a par value of $1,000, matures in 20 years but is callable in 10 years at a pri

ce of $1,100, and has a value today of $1055.84.The yield to call on this bond is __________.A) 6.00%B) 6.58%C) 7.20%D) 8.00%
Business
1 answer:
Elena-2011 [213]3 years ago
5 0
A. 6%

Calculator entries are N = 10, PV = -1,055.84, PMT = 60, FV = 1,100, CPT I/Y 6
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rick's pawn shop issued 11% bonds, dated january 1, with a face amount of $400,000 on january 1, 2022. the bonds sold for $370,0
geniusboy [140]

An unrealized gain of $5,412 from the change in the fair value of the debt.

<h3>How does general interest rate risk work?</h3>

Interest-rate risk (IRR) is the exposure of a financial institution to unfavorable changes in interest rates. Accepting this risk is common practice in the banking industry and can be a key driver of profitability and shareholder value.

Explanation:

Given that the bond's face value is $400 000

Bond selling price: $370,000

yield until maturity equals 12%

Bond has a fair value of $365,000.

Value shifted = $2,000

Net income and OCI are both included in comprehensive income.

To learn more about Interest-rate risk (IRR) refer to:

brainly.com/question/20715710

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6 0
1 year ago
On June 1, Year 1 Oxian Corp. receives $24,000 from a customer for work to be performed evenly over the next 2 years. What is th
pav-90 [236]

Answer:

$7,000 is the amount of revenue in year 1

Explanation:

The amount received from the customer is $24,000,which is payment for work to be performed over 24-month period i.e 2 years

In year 1,the work would be performed from June -December,hence  7-month worth of revenue should be recognized in year 1 as follows

revenue recognition in year=$24,000*7/24=$7,000

The amount of revenue attributable to year 1 on the income statement is $7,000

7 0
3 years ago
The necessity of marketing and advertising for any business
tekilochka [14]

Answer:

Marketing is important because it helps you sell your products or services, by advertising your business you are showing more people about it

Explanation:

4 0
2 years ago
If promotion is used to successfully stimulate demand, the producer should be able to produce and market products in larger quan
miss Akunina [59]

If promotion is used to successfully stimulate demand, the producer should be able to produce and market products in larger quantities and thus reduce per-unit production research and development, overhead, and marketing costs, which can result in lower prices

<h3>What is marketing?</h3>

Marketing is the process of discovering, creating, and delivering value to a target market in the form of goods and services.

Brand marketing is a method of promoting your product or service by promoting your entire brand. Essentially, it tells the story of your service or product by emphasizing your entire brand.

Distribution, financing, market research, pricing, product and service management, promotion, and selling are the seven functions of marketing in the marketing world.

Properly researched and targeted marketing will bring in new and returning customers.

Current and former customers' feedback can help identify areas for improvement.

To know more about marketing follow the link:

brainly.com/question/25754149

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6 0
2 years ago
A producer is someone who _____________.
Ghella [55]
Provides something from something else.
8 0
3 years ago
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