1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ANTONII [103]
3 years ago
14

The market price of a semi-annual pay bond is $987.58. It has 14.00 years to maturity and a coupon rate of 7.00%. Par value is $

1,000. What is the effective annual yield?
Business
1 answer:
Volgvan3 years ago
8 0

Answer:

7.12%

Explanation:

ffective annual yield = (1+i/m)m - 1

i = coupon rate = 7%

m = compounding frequency = 2

Effective annual yield = (1+0.07/2)^2 - 1

Effective annual yield = (1+0.035)^2 - 1

Effective annual yield = (1.035)^2 - 1

Effective annual yield = 1.071225 - 1

Effective annual yield = 0.071225

Effective annual yield = 7.12%

You might be interested in
Industries sales budget shows quarterly sales for the next year as​ follows: Quarter 1dash17 comma 000​; Quarter 2dash15 comma 0
Angelina_Jolie [31]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Quarter 1: 17,000​;

Quarter 2: 15,000​;

Quarter 3: 19,000​;

Quarter 4: 21,000.

Company policy is to have a target​ finished-goods inventory at the end of each quarter equal to 25 % of the next​ quarter's sales.

2nd Q production:

Sales= 15,000

Ending inventory= 0.25*19,000= 4,750

Beginning inventory= (15,000*0.25)= (3,750)

Total= 16,000 units

8 0
3 years ago
Parchova is a multinational company that manufactures and sells stationery products. Customers who buy five or more products at
Lady_Fox [76]

Answer:

Limited relationships

Explanation:

A limited relationship is when a marketer seeks to create a connection with customers that have initiated contacts.  In this strategy, the marketer will take deliberate actions to entice customers that made contact into a long term relationship.

In the case of  Parchova, the company is rewarding customers after they have made purchases.  By making purchases, the customers are initiating contact with Parchova. The act of issuing out notepads and pens is an attempt to create a relationship between the company and the customers.

4 0
3 years ago
Blur Corp. has an expected net operating profit after taxes, EBIT(1 – T), of $7,600 million in the coming year. In addition, the
Zina [86]

Answer:

Free cash flow (FCF) for next year = $ 6,450  million

Explanation:

<em>Free cash flow represents the amount that is left to all the providers of capital after the payment of all all operating expenses, working capital and investment in fixed asset expenditures.</em>

<em>It is computed as cash flow made from operation less capital expenditures</em>

For Blur Communications

The Free cash flow

= EBIT (1-T) - increase in capital expenditure - increase in working capital

= 7600 - $1,140 - 10

= $ 6,450  million

Free cash flow (FCF) for next year = $ 6,450  million

6 0
3 years ago
Read 2 more answers
When is "deflation" most likely to occur in the business cycle?
V125BC [204]
In economics<span>, </span>deflation<span> can be described as a decrease in the general </span>price level<span> of goods and services or </span>currency appreciation<span> with respect to the same goods and services.</span><span> Deflation occurs when the </span>inflation<span> rate falls below 0% (a negative </span>inflation rate<span>). Inflation reduces the real value of </span>money<span> over time; conversely, deflation increases the real value of money – the currency of a national or regional economy. This allows one to buy more goods and services than before with the same amount of money.</span>
8 0
3 years ago
Which challenge leads to a gap between the objectives of the IS systems and the business needs when developing the IS?
kirill115 [55]

Answer: Lack of documentation

Explanation:

8 0
3 years ago
Other questions:
  • Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $21,500. Its estimated residual value was
    7·1 answer
  • A rich relative has bequeathed you a growing perpetuity. the first payment will occur in a year and will be $ 3 comma 000$3,000.
    15·1 answer
  • Malcolm is part of a team developing a new smartphone app to track traffic patterns. Because team members are located throughout
    8·1 answer
  • What is one downside of banking at a traditional branch versus on-line-only banking​
    8·1 answer
  • I really need to graduate HIGHSCHOOL PLEASE HELP ASAP. In a Chapter 7 bankruptcy, a debtor: A. is required to draw up a petitio
    15·2 answers
  • J. Pitner Clothing is a medium-size specialty men's and women's clothing store in a market with many other specialty stores, dep
    5·1 answer
  • Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6,600, $11,600, and $
    14·1 answer
  • Angus Company agreed to sell goods for Longhorn Company on consignment, but wasn't willing to take ownership of the goods in cas
    13·1 answer
  • Jan makes an hourly salary of $9.00 for 40 regular hours of work. For each hour worked over 40 hours, she is paid at a rate of $
    7·1 answer
  • Is a savings account safe for than investing in stock market
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!