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Andrei [34K]
3 years ago
14

Which of the following is an appropriate solution to an overspending allowance?

Business
1 answer:
nika2105 [10]3 years ago
8 0

Answer:

a

Explanation:

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Tutak Industries issued a $1,000 face value bond a number of years ago that will mature in eight years. Similar bonds are yieldi
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We would first calculate the Coupon Payment and then later using the coupon payment we would compute the Coupon rate.

PV = \frac{FV}{(1+r)^{N} } + A [[\frac{1-\frac{1}{(1+r)^{N} } }{r} ]]

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FV = $1,000

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