Why is it important that a budget be balanced? If your budget does not

A stock currently sells for $49. the dividend yield is 3. 8 percent and the dividend growth rate is 5. 1 percent. What is the am

tatyana61 [14]

If a stock currently sells for $49. tThe amount of the dividend that was just paid is $1.77.

A inventory is a fashionable term used to describe the ownership certificate of any business enterprise. A percentage, on the other hand, refers to the inventory certificate of a selected organization. maintaining a particular organization's percentage makes you a shareholder.

A coins dividend is the distribution of budget or cash paid to stockholders generally as a part of the employer's present day income or accrued income. cash dividends are paid at once in money, as opposed to being paid as a inventory dividend or other form of cost.

Dividend yield=Annual Dividend next year/Current price

Annual Dividend next year=(49*3.8%)=$1.862

Hene, the dividend just paid = Annual Dividend next year * Present value of discounting factor( 5.1%, time period)

⇒$1.862/1.051

⇒$1.77 (Approx)

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3 0

2 years ago

Joe is working on a design team that uses a computer-aided design (CAD) system. Joe has been complaining that it takes too long

Dmitrij [34]

Answer:

Add a very high-end video board.

Explanation:

Joe used the CAD system for his work. Joe required A good video graphics card to run his CAD system easily.

High-end video graphics cards are normally used to increase the video performance of our system.

In the case of Joe, he needs a system that runs faster with the CAD program, because CAD is used for designing.

5 0

3 years ago

Concord Company had bonds outstanding with a maturity value of $311,000. On April 30, 2017, when these bonds had an unamortized

Dmitrij [34]

Answer:

Redemption of Old Bonds

4-30-17 Bonds Payable $311000 Dr

Loss on Bond Redemption $26550 Dr

Discount on Bonds Payable $11000 Cr

Cash $326550 Cr

Issuance of New Bonds

3-30-17 Cash $314110 Dr

Premium on Bonds Payable $3110 Cr

Bonds Payable $311000 Cr

Explanation:

Redemption of Bonds Payable

The maturity value for bonds payable is equal to the face value of these bonds. This means that the face value of old bonds was $311000.

The bonds were carrying a discount. Thus, the carrying value of bonds was

Carrying value = Face value - Discount

Carrying value = 311000 - 11000 = $300000

Bonds with a carrying value of $300000 were redeemed at 105% of the face value. The cash paid for redemption is,

Cash paid = 311000 * 105% = 326550

Thus, there was a loss on redemption of = 326550 - 300000 = $26550

Issuance of Bonds Payable

The bonds were issued at 101% of the face value which means they were issued at a premium.

The amount of premium on these bonds is,

Premium = Carrying value - Face value

Premium = 311000 * 101% - 311000

Premium = $3110

3 0

4 years ago

Both Bond Sam and Bond Dave have 7 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has six year

ella [17]

Answer:

a. If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Sam and Bond Dave?

Bond Sam's price will change by -9.12%
Bond Dave's price will change by -18.05%

b. If rates were to suddenly fall by 2 percent instead, what would be the percentage change in the price of Bond Sam and Bond Dave?

Bond Sam's price will change by 10.26%
Bond Dave's price will change by 24.35%

Explanation:

Bond Sam

9% / 2 = 4.5% semiannual payments

6 years to maturity = 12 payments

present value = future value = 1000

PV of face value = 1,000 / (1 + 4.5%)¹² = $589.66
PV of coupon payments = 35 x 9.11858 (PV annuity factor, 4.5%, 12 periods) = $319.15

new market price = $589.66 + $319.15 = $908.81

if interest increases by 2%, present value (market value) will decrease by $91.19 ⇒ 9.12% decrease

if market interest rates decrease by 2%:

5% / 2 = 2.5% semiannual payments

6 years to maturity = 12 payments

present value = future value = 1000

PV of face value = 1,000 / (1 + 2.5%)¹² = $743.56
PV of coupon payments = 35 x 10.25776 (PV annuity factor, 2.5%, 12 periods) = $359.02

new market price = $743.56 + $359.02 = $1,102.58

if interest decrease by 2%, present value (market value) will increase by $102.58 ⇒ 10.26% increase

Bond Dave

9% / 2 = 4.5% semiannual payments

19 years to maturity = 38 payments

present value = future value = 1000

PV of face value = 1,000 / (1 + 4.5%)³⁸ = $187.75
PV of coupon payments = 35 x 18.04999 (PV annuity factor, 4.5%, 38 periods) = $631.75

new market price = $187.75 + $631.75 = $819.50

if interest increases by 2%, present value (market value) will decrease by $180.50 ⇒ 18.05% decrease

if market interest rates decrease by 2%:

5% / 2 = 2.5% semiannual payments

6 years to maturity = 12 payments

present value = future value = 1000

PV of face value = 1,000 / (1 + 2.5%)³⁸ = $391.28
PV of coupon payments = 35 x 24.3486 (PV annuity factor, 2.5%, 38 periods) = $852.20

new market price = $391.28 + $852.20 = $1,243.48

if interest decrease by 2%, present value (market value) will increase by $243.48 ⇒ 24.35% increase

6 0

3 years ago

When a company's only potential common shares are convertible bonds:A. Diluted EPS will be greater if the bonds are actually con

geniusboy [140]

Answer:

Correct answer is (C)

Explanation:

Diluted EPS will be the same whether or not the bonds are converted.

Earning Per Share EPS

8 0

3 years ago