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Andre45 [30]
3 years ago
5

Question 38 (0.5 points)

Business
1 answer:
nataly862011 [7]3 years ago
5 0

Answer:

smile please :)

Explanation:

$mile please :)

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A 13-year, 6 percent coupon bond pays interest semiannually. The bond has a face value of $1,000. What is the percentage change
Ierofanga [76]

Answer:

b. −1.79 percent

Explanation:

You can solve this using a financial calculator. I'm using TI BA II plus ;

First, find Price of the bond if YTM = 5.5%. Since it is semi-annual, adjust the YTM  and total duration;

N = 13*2 = 26

I/Y = 5.5%/2 = 2.75%

PMT = (6%/2)*1000 = 30

FV = 1,000

CPT PV = $1046.01

Next, find Price of the bond if YTM = 5.7%.

N = 13*2 = 26

I/Y = 5.7%/2 = 2.85%

PMT = (6%/2)*1000 = 30

FV = 1,000

CPT PV = $1027.28

Percentage change =[ (New price- Old price)/Old price] *100

=\frac{1027.28-1046.01}{1046.01} *100\\ \\ = -0.017906 *100

= -1.79%

6 0
3 years ago
The allegheny corporation purchased machinery for
dezoksy [38]
The complete information is that on January 1 2016 the Allegheny Corporation purchased machinery for $115,000. The estimated service life of the machinery is 10 years and the estimated residual value is $5,000. With that in mind, the machine is expected to produce 220,000 units during its life. In that case we can calculate a depreciation for 2016 and 2017 and doing it with one of the methods which is called Straight-Line Depreciation which states that:
<span>Choose Numerator: / Choose Denominator: = Annual Depreciation Expense </span>
<span>Cost minus Salvage / Estimated Useful Life (years) = Depreciation Expense </span>
6 0
3 years ago
An ethical persuasive argument select one:
podryga [215]

Ethical persuasion<span> is defined as a person’s  internal capability to understand others, care for them, respect,  understand and be fair by hearing their viewpoints at the same time sharing his.  It is an exchange 0f each others’ viewpoints to create resolutions. Therefore, a</span><span>n ethical persuasive argument is not a contradiction in terms,  does not include evidence the sender can come up with, whether or not it's relevant, does not focus on how the audience’s action will benefit the sender but it focuses on being both truthful and nondeceptive. </span>

3 0
3 years ago
Which agency can request that more money be printed?
Lubov Fominskaja [6]

Answer:

c

Explanation:

Watch the netflix show "The Money Heist" they print money out is the treasury in spain.

And i took the test for A.p.e.x

4 0
3 years ago
Ralph’s Hardware updated its accounting system and agreed to purchase a computer system from a manufacturer, Bits and Bytes (BB)
Andrej [43]
Given:
<span>Fact 1: During contract negotiations, BB’s sales representative promised that the system was “A-1” and “perfect.”
</span><span>Fact 2: The written contract, which the parties later signed, disclaimed all warranties, express and implied. 
</span><span>Fact 3: After installation the computer produced only random numbers and letters, rather than the desired accounting information

The express warranty is given in Fact 1 where the Sales Rep promised that the system was "A-1" and "perfect". There is a breach in express warranty here IF the written contract also expresses the same promises. 

However, the written contract </span>disclaimed all warranties, express and implied. AND BOTH PARTIES SIGNED THIS CONTRACT. It implies that the buyer has read through the contract and has agreed with what is written in the contract. Thus, they can't file a suit against BB for breaching an express warranty since the written and signed contract has already disclaimed all warranties. 

4 0
4 years ago
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