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2 years ago

Consider a coupon bond with $1000 face value, 10% coupon rate, 5 years of maturity selling for $700. The yield to maturity is

Business

1 answer:

const2013 [10]2 years ago

8 0

Answer:

The approximate yield to maturity is 9.43%.

Explanation:

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Describe five ways today’s organizations and individuals can sharpen their insight by using customer feedback.

andriy [413]

Here are the 5 ways:
- Receive information about customers' preference that we could use to improve our products
- Predict what future products that might be needed in the market
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- Minimize customer's effort to contact you
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3 years ago

In a free market society, what are some things the government has to do because the market won’t?

kompoz [17]

Answer:

Intervene to protect the nature and the environment: government has to play an active role in preserving the nature from the industrial activities.

Protection of consumers and customers from malicious business activities.

Establishing a proper legal framework for the enterprises to operate under a healthy competition.

Establishing required antitrust laws to prevent unjust monopolies from taking over industries.

To enact labour laws and necessary regulations to regulate the labour market.

Explanation:

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3 years ago

In a few sentences, explain what it means to<br> be financially responsible.

xenn [34]

Answer:

Being financially responsible means to not spend your money on stuff that aren't needed. It also means saving your money for when you actually need it. Evaluate your earning spendings habits and see how you could maybe save more money each paycheck.

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3 years ago

Jeff deposits 10 into a fund today and 20 fifteen years later. interest is credited at a nominal discount rate of d compounded q

Tanya [424]

<span>The following series of payments has present value zero: Contributions 10 20 100 ___________ ________ Time (in years) 0 15 30 The present value at time 10 of the payments at time 15 and at time 30 is â’20(1.03) to the power -10 + 100(1.03) to the power -40 = â’14.8818 + 30.6557 = 15.7738 This equals the present value at time 10 of the initial deposit, i.e. 10(1â’d/4) to the power -40 = 15.7738 So, d = 4.5318%</span>

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3 years ago

On October 1, 2018, Renfro Company purchased to hold to maturity, 4,000, $1,000, 9% bonds for $3,960,000 which includes $60,000

Nataliya [291]

Answer:

Carrying Value=$3,903,000

Explanation:

First we will calculate the face value:

Face value=4000*$1000

Face value=$4,000,000

Purchase Price= Bond Purchased price- Accrued Interest

Purchase Price=$3,960,000-$60,000

Purchase Price=$3,900,000

Total months=100 months

Straight line Discount amortization= (Face Value-Purchase Price)/Total Months

Straight line Discount amortization=($4,000,000-$3,900,000)/100

Straight line Discount amortization=$1,000

Discount Amortization=Straight line Discount amortization*Discount months

Discount Amortization=$1,000*3

Discount Amortization=$3,000.

Carrying Value=Purchase Price+Discount Amortization

Carrying Value=$3,900,000+$3,000

Carrying Value=$3,903,000

7 0

4 years ago