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
GenaCL600 [577]
2 years ago
8

A bond is selling for 95% of par and has an annual coupon rate of 6% and will mature in five years. There are semi-annual coupon

payments. Calculate the yield-to-maturity on an annualized basis (APR)
Business
1 answer:
Alex2 years ago
4 0

Based on the selling price, the coupon rate, and the period, the yield to maturity will be <u>7.2%. </u>

<h3>What is the yield to maturity?</h3>

This can be found using a financial calculator or Excel worksheet.

Face value = 95% x 1,000

= $950

Coupon amount = 1,000 x 6% / 2 semi annual periods per year

= $30

Period = 5 years x 2

= 10 semi annual periods

Yield to maturity is = 3.6%

Annual yield to maturity:

= 3.6% x 2

= 7.2%

Find out more on yield to maturity at brainly.com/question/15172286.

You might be interested in
Matching Question Match the following activities to their effect on the general ledger accounts. Allocate indirect labor Allocat
Zepler [3.9K]

Answer:

Activities                         General Ledger accounts

Allocate indirect labor         <em>Credit Factory wages payable</em>

Pay factory property tax      <em>Debit Factory Overheads</em>

Purchase materials              <em>Debit Raw material inventory</em>

Use direct materials            <em>Credit Raw material inventory</em>

Complete job                       <em>Debit Raw material inventory</em>

Deliver job                            <em>Credit Raw material inventory</em>

<em></em>

5 0
3 years ago
Which categories of goods used by ordinary people are most affected by scarcity? Use examples from two of these categories and e
Diano4ka-milaya [45]

Answer:

nondurable and consumer goods

Explanation:

Nondurable goods are affected by scarcity because their time life is limited. For example, if the capital goods required for its transportation or conservation of ice cream broke down, the product would ruin very easily.

Consumer goods are generally mass consumed. For example clothes are consumed by most of us during the year, but most of them are imported nowadays. Any trade barrier that delayed their supply would cause a rapid shortage.  

7 0
3 years ago
If GDP is $15 trillion, how many years will it take for GDP to increase to $30 trillion if annual growth is 2 percent
Varvara68 [4.7K]
Y = original value • growth ^(time/period of growth)

30000000000000 = 15000000000000 • (1+0.02)^(x/1)

Divide both sides by 15 trillion

2 = (1.02)^(x)

take logarithm of both sides

log2 = log1.02^x

Bring x down using log law

log2 = xlog1.02

Divide both sides by log1.02

x = 35

35 years

8 0
2 years ago
A mutual fund had NAV per share of $19.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.14. Income
slava [35]

Answer:

9.63%

Explanation:

Calculation of Mutual Fund rate of return that the investor receive on the fund last year

Using this formula

Rate=(Fund's NAV -NAV per share +Income distributions+ Capital gain distributions )

Let plug in the formula

Where:

Fund's NAV =$19.14

NAV per share=$19.00

Income distributions=.57

Capital gain distributions =1.12

Hence

Rate =($19.14 - 19.00 + .57 + 1.12) / $19.00

=1.83/$19.00

=0.0963×100

Rate = 9.63%

Therefore without considering taxes and transactions costs, the rate of return that the investor receive on the fund last year will be 9.63%

5 0
3 years ago
In tort law, what is proximate cause?
zloy xaker [14]

Answer:

B

Explanation:

Proximate cause means “legal cause,” or one that the law recognizes as the primary cause of the injury. ... In other words, the plaintiff will have to show that the injuries were the natural and direct consequence of the proximate cause, without which the injuries would not have occurred.

6 0
2 years ago
Other questions:
  • Grey Corporation has $100,000 of accounts receivable on December 31. The unadjusted balance of its Allowance for Doubtful Accoun
    7·1 answer
  • How does decision making help a farm business grow?​
    14·1 answer
  • Elle Inc. is a firm that holds frequent reviews and feedback sessions for its employees. It demands that the same person should
    11·1 answer
  • Cost of goods sold
    13·2 answers
  • What is the present value on January 1, 2019, of $30,000 due on January 1, 2023, and discounted at 10% compounded annually? $ 95
    9·1 answer
  • ​You're traveling in Japan and are thinking about buying a new kimono.​ You've decided​ you'd be willing to pay​ $175 for a new​
    9·2 answers
  • Which form of market segmentation is Coca Cola using when they look at the values, attitudes, and lifestyle of their target mark
    14·2 answers
  • Identify each CSTO from its description
    13·1 answer
  • McLaughlin, Inc. acquires 70 percent of Ellis Corporation on September 1, 2018, and an additional 10 percent on November 1, 2019
    13·1 answer
  • A consumer protection agency that protects students who take out student
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!