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Nastasia [14]
3 years ago
10

DeKay Dental Supplies issued $10,000 of bonds on January 1, 2018. The bonds pay interest semiannually. This is a partial bond am

ortization schedule for the bonds Effective Decrease in Outstanding Payment Cash interest balance 400 400 400 400 409 409 409 410 balance 9,080 9,089 9,098 9,107 9,117 10 What is the stated annual rate of interest on the bonds?
a) 4.5%.
b) 9.0%.
c) 40%.
d) 80%.
Business
1 answer:
svp [43]3 years ago
7 0

Answer: d. 8.0%

Explanation:

The Stated Annual Rate of Interest on a bond refers to the coupon rate which is the amount that the company promises to pay on the bond pay period.

Looking at the question, the company is paying $400 every 6 months on the $10,000 bonds . The interest therefore is;

= 400/10,000

= 4%

Company pays 4% on the bonds every 6 months.

This 4% should be stated in annual terms so;

= 4% * 2

= 8%.

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Define private equity funds.​
hjlf

Answer:

keeping it private and not letting anyone find. out about it or keepin it from people

3 0
3 years ago
Read 2 more answers
Grand Adventure Properties offers a 7 percent coupon bond with annual payments. The yield to maturity is 5.85 percent and the ma
tensa zangetsu [6.8K]

Answer:

The market price of this bond is: $1,069.8.

Explanation:

To calculate the market price of the bond, we have to use the following formula:

Bond Price= C*((1-(1+r)^-n)/r)+(F/(1+r)^n)

C= periodic coupon payments: $1,000*7%= $70

F= Face value: $1,000

r= Yield to maturity: 5.85%

n= No. of periods until maturity: 8 years

Bond Price= 70*((1-(1+0.0585)^-8)/0.0585)+(1,000/(1+0.0585)^8)

Bond Price= 70*((1-0.635)/0.0585)+(1,000/1.58)

Bond Price= 70*6.24+633

Bond Price= 436.8+633

Bond Price= 1,069.8

7 0
3 years ago
When consumers are characterized as preservers, makers, takers, changers, seekers, or escapers, this is because these reflect th
Nimfa-mama [501]

When consumers are characterized as preservers, makers, takers, changers, seekers, or escapers, this is because these reflect their "view of society."

<h3>What is economic sociology?</h3>

Economic sociology is the study of the manufacturing, distribution, transfer, and consumption of products and services using sociological concepts and methods.

Some key features regarding the economic sociology are-

  • Economic sociology is especially concerned with the connections between economic activity and the rest of society, as well as changes in the organizations that contextualize as well as condition economic activity.
  • Although traditional economic analysis begins with the atomistic individual, economic sociology typically starts with groups or entire societies, which it opinions as existing independently of it and partially comprising the individual.
  • When economic sociologists focus on individuals, it is usually to investigate how their mutual interests, beliefs, as well as motivations to act are formed through their interactions.

To know more about the economic sociology, here

brainly.com/question/27896828

#SPJ4

4 0
2 years ago
In Ben v. City Car Dealership, a state supreme court held that a minor could cancel a contract for the sale of a car. Now a tria
Neporo4naja [7]

Answer:

The correct answer is D

Explanation:

Under the doctrine of the stare decisis, the court will look into the past or the similar issues in order to guide their decisions related to the issues. And the past decisions are referred or acknowledged as the precedent.

Precedent is the principle or rule which is legal and it is established or created by the decision of the court. And this decision become the authority or the example for judging or deciding the similar issues.

Therefore, in this case, the trial court when deciding upon the case of D v E, will likely to allow or permit the minor to cancel the contract or the agreement.

7 0
3 years ago
A farmer and a meatpacker use the commodity markets to reduce their risk. One agrees to buy live cattle in the future at a fixed
VLD [36.1K]

Answer:

A farmer is the one that owns the cattle and is ready to sell it on the market demand, while the meatpacker is the one who buys the product and sells it in different parts to the end consumers.

Since they both are using the commodity market to reduce the risk, the farmer will be the one who agrees to sell the cattle in the future at a fixed rate, while the meatpacker will be the one who agrees to buy the cattle in the future at a specified price fixed by him.

Hope this helps. ThankYou.

3 0
3 years ago
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