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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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Answer:

The correct answer is 3

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Explanation:

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3 years ago
Marginal utility is equal to which of the following? (A) total income divided by the price of the product (B) the change in tota
soldi70 [24.7K]

Answer: B- the change in total utility from consuming one more unit of a good 

Explanation: Marginal utility is the change in utility that arises from consuming one more unit of a good or service.

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8 0
2 years ago
Koch traded Machine 1 for Machine 2 when the fair market value of both machines was $49,500. Koch originally purchased Machine 1
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Answer:

$40,500.

Explanation:

Calculation for Koch's adjusted basis in machine 2 after the exchange

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6 0
2 years ago
What is a web browser?
Viefleur [7K]

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What are the main parts of a web browser

Answer: ...

Status Bar: ...

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Crystal Ship Knitwear, Inc., is expanding its offerings from handmade winter hats, scarves, and gloves to include clothing such
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