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denpristay [2]
3 years ago
9

An investor just purchased a 10-year, $1,000 par value bond. the coupon rate on this bond is 8 percent annually, with interest b

eing paid every 6 months. if the investor expects to earn a 10 percent simple rate of return on this bond, how much should she pay for it? (round the answer to two decimal places.)v
Business
1 answer:
cupoosta [38]3 years ago
7 0

i think it is $875.38

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6 0
2 years ago
The president believes that a $6,200 increase in the monthly advertising budget, combined with an intensified effort by the sale
nirvana33 [79]

<u>Solution and Explanation:</u>

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3. Fied expense ( $119200 plus $6200 )                         125400

4. Net operating income ( 2 step minus 3 step)                $14600

therefore, net operating income increased by $ 14600 plus $12000

Note: the sales were not given, so i have taken or assumed. Please change the figure if there is different figure of sales in the question given.

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