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devlian [24]
3 years ago
7

You are buying a bond at a clean price of $1,140. The bond has a face value of $1,000, a coupon rate of 3.8 percent, and pays in

terest semiannually. The next coupon payment is one month from now. What is the dirty price of this bond
Business
1 answer:
DanielleElmas [232]3 years ago
8 0

Answer:

$1,155.83

Explanation:

The computation of dirty price of this bond is shown below:-

Clean Price = $1,140  

Face Value = $1,000  

Interest = 3.80%  

Interest for 5 month = Face Value × Interest × Time  

$1,000 × 3.8% × 5 ÷ 12  

$15.83  

Dirty Price = Clean Price + Accrued Interest

= $1,140 + $15.83  

= $1,155.83

Therefore for computing the dirty price of bond we simply add clean price with accrued interest.

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Riley Company borrowed $36,000 on April 1, Year 1 from the Titan Bank. The note issued by Riley carried a one year term and a 5%
IRINA_888 [86]

Answer:

The amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows would be -$850 or $850 outflow

Explanation:

The computation of the cash flow from the operating activities for year 2 is shown below:

= Cash revenue in year 2 - interest on notes payable

= $950 - $1,800

= -$850

The negative amount shows an outflow of cash .

The interest on the note payable is computed by

= Borrowed amount × interest rate

= $36,000 × 5%

= $1,800

7 0
2 years ago
Based on employment statistics for 2010, which ranks the number of jobs in these careers from least to greatest? Crop Production
NemiM [27]

Answer:

Elementary Education → Accounting → Pharmacy → Crop Production

Explanation:

According to the employment statistics, Elementary education employs the least, and Crop production employs the largest number.

3 0
3 years ago
Situation 1: There is a Head of Human Resource (HR) in a recognized Multinational National Company (MNC). You are a marketing ex
Phantasy [73]

Answer:

As a marketing executive of the company looking to beg an emergency leave from a HR person who is considered to be rudy, unfamiliar with me, 45+ age and also that the company is experiencing a lot of turnovers, the best way to approach the HR would be to:

1. Write an official letter to him making the intentions clear.

2. Politely ask him to consider your request even though you two are not very familiar with each other.

3. Stress the importance of the emergency and why you have to leave.

4 0
3 years ago
In this module, we say a "good" money burn means you have spent money wisely. A "bad" money burn means you have spent money you
LekaFEV [45]

Answer:

D. You shop around and buy a pair of the exact same designer jeans at a thrift shop, and they cost virtually nothing.

Explanation:

Good money burn refers to the effective use of money, rather than just spending it on some useless stuff.

Here in the given instance the following is the explanation for the given instance:

Option A states that the jeans is just bought for completing the desire, it does not have any difference in the product even if the product can be bought on sale after some days.

Option B is still better than the first day.

Further in option c buying the jeans without any label might not be a good decision as it might have poor quality.

Option D is the best as it is the same jeans but at the least possible cost.

6 0
2 years ago
The date on which the principal amount is repaid to the bondholder is known as the​ ________.
blagie [28]
The answer is “Bond Maturity Date”.
8 0
1 year ago
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