Given:
<span>bonds on the market with 19.5 years to maturity
</span><span>a yield to maturity of 6.6%,
current price of $1,043
face value of $1,000
YTM = Coupon payment / current price
6.6% = Coupon payment / 1,043
6.6% * 1,043 = Coupon payment
68.838 = coupon payment
Coupon rate = Coupon payment / Face Value
Coupon rate = 68.838 / 1,000
Coupon rate = 0.068838 or 6.88%
The coupon rate of DMA Corporation's bonds is 6.88%.
Regardless of its price in the market, each bond will have 68.838 annual interest payment or 34.419 semi annual payments.</span>
Answer:
<u>Interlocking corporate director</u>
Explanation:
Interlocking corporate director refers to an individual serving as a director on the board of multiple companies.
Interlocking directorship is not considered illegal if the companies of which the same individual serves as a director, are not competing firms.
In the given case, an individual serves on the board of a bank, also serves the board of a computer manufacturing company that usually borrows from the bank.
Here, the independence and objectivity of the director would be impaired and this may lead to a situation of conflict of interests as the director exercises sizable influence in framing the lending policies of the bank.
Thus, such a situation would be in violation and the director may have to step down from the board of one of the companies.
Answer:
0.67
Explanation:
Beta measures the systemic risk of a portfolio
The portfolio's beta can be determined by adding together the weighted beta of each stock in the portfolio
weighed beta of a stock = percentage of the stock in the portfolio x beta of the stock
total number of stocks in the portfolio 400 + 290 + 700 = 1390
(400 / 1390 x 0.6) + (290 / 1390 x 1.2) + (700 / 1390 x 0.5) =
0.17 + 0.25 + 0.25 = 0.67
Answer:
C. Nataly typically probes with tough, incisive questions
Explanation:
Strategy execution depends on management's ability to direct organizational change.
It includes the following steps:
1. pushing for continuous improvement in how value chain activities are performed
2. building an organization capable of executing the strategy
3. tying rewards directly to the achievement of strategic and financial targets and to good strategy execution
4. instituting policies and procedures that facilitate rather than impede strategy execution
From the given options, the correct answer is option C.
Answer:
Porter's Five Forces is a framework for analyzing a company's competitive environment. The number and power of a company's competitive rivals, potential new market entrants, suppliers, customers, and substitute products influence a company's profitability.
