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
uysha [10]
4 years ago
6

Moon lite cafe has a semiannual, 5 percent coupon bond with a current market price of $988.52. the bond has a par value of $1,00

0 and a yield to maturity of 5.68%. how many years is it until this bond matures?
Business
1 answer:
Ivenika [448]4 years ago
5 0
Mostly 18 years is it until the bond matures.Given; Semiannually, 5 percent coupon bond, market price = $988.52Solution; $988.52 = [(.05 / 2) × $1,000] × [(1 - {1 / [1 + (.0568 / 2)]t × 2}) / (.0568 / 2)] + $1,000 / [1 + (.0568 / 2)]t × 2; t = 3.6 semi-annual periods, or 1.8 years
The answer in this question is 18 years.
You might be interested in
Acme company has just completed the incorporation process and received its articles of incorporation from the state. at the firs
lana66690 [7]
The answer is adopting bylaws. In addition, unlike the articles of incorporation the bylaws are not public records and classically do not have to be gather in a line with any governmental unit. The bylaws will be accepted by the directors of the corporation at their first board meeting or accepted by the deed of incorporator and then accepted at the first board conference.
6 0
3 years ago
A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced at $30, $38, and $90. The nu
galina1969 [7]

Answer:

The one-day rate of return on the index is 3.43%

Explanation:

Given that the shares were priced at;

$30    for    710,000 shares

$38    for    610,000 shares

$90    for    310,000 shares

Changes in prices of shares

$34-$30=4

$36-$38= -2

$92-$90=2

Return=change in price of shares/initial price of shares *100

The return will be;

4/30*100 =13.33

-2/38*100= -5.26

2/90*100 = 2.22

Total = 13.33+2.22 - 5.26 =10.29

10.29/3 =3.43

3 0
3 years ago
Adrian owns an older used car that is valued at about $1,000.
Liula [17]

Answer:

Purchasing insurance can help Adrian  minimize  risk. Adrian’s best decision in this case is to  not buy the insurance because the policy is too expensive in relation to the value of his vehicle

0 0
4 years ago
A gardener has three herb beds she wishes to plant in a design that consists of three equilateral triangles laid out in such a w
densk [106]
The design is shown in the attached picture. An equilateral triangle has sides that have equal measurements. On the other hand, a vertex is the terminal point of at least two line segments. Therefore, when you join three equilateral triangles sharing a common vertex, that simply means that they have a common point.

8 0
3 years ago
Beverley wants to sign up for time warner cable internet onlnie. she has the option to choose residential or business services.
Sindrei [870]
Choose a different server
6 0
3 years ago
Other questions:
  • A company pays all selling expenses in the month incurred. Budget information includes: Administrative salaries: $50,000; Sales
    9·2 answers
  • Consider mandy’s decision to go to college. if she goes to college, she will spend $20,000 on tuition, $10,000 on room and board
    8·1 answer
  • Describe the differences between traditional marketing communication strategies and service business communication strategies.
    15·1 answer
  • Choose all that apply. Select each of the tools and services available with a savings account. i'm thinking 1,2,3,4,5
    12·1 answer
  • Advantages of investment companies to investors include all but which one of the following?
    10·1 answer
  • The Federal Reserve carries out open-market operations, buying $2 million worth of Treasury Bills from banks. This action increa
    13·1 answer
  • Isobel consumes positive quantities of both jam and juice. The price of jam is 10 cents per unit and the price of juice is 5 cen
    10·1 answer
  • Getting money to start and run a business is referred to as obtaining
    11·1 answer
  • Define Pareto's law. Multiple choice question. It is the ranking of all items of an inventory according to a specific criterion
    9·1 answer
  • What is the process of a decline in interest rates impacts the use of capital and economic growth.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!