Assume that Sonic Foundry Corporation has a contractual debt outstanding. Sonic has available two means of settlement. It can either make immediate payment of $2,458,000, or it can make annual payments of $336,800 for 15 years. Click here to view factor tables Payments must begin now and be made on the first day of each of the 15 years, what payment method would you recommend assuming an expected effective-interest rate of 11% during the future period

Answers

Answer 1

Answer: Make immediate payment of $2,458,000

Explanation:

The recommended payment option will be the one with a lower present value.

It can make a payment of $2,458,000 now which would be the PV of the first option.

Second option is a constant amount for 15 years to be paid on the first day of every year making it an annuity due.

Present Value of annuity due;

= Annuity * Present value factor of Annuity due, 15 periods, 11%

= 336,800 * 7.9819

= $2,688,303.92‬

Lower and recommended option is to make immediate payment of $2,458,000.

Assume That Sonic Foundry Corporation Has A Contractual Debt Outstanding. Sonic Has Available Two Means

Related Questions

Identify whether each the following transactions is a primary market or a secondary market transaction: Jim Henry bought 500 shares of I.B.M. through a broker. Peggy White bought 500 shares of Apple from another investor. New York Life Insurance Co. bought 500,000 shares of Tioga Corp when the company issued the stock.

Answers

Answer:

Jim Henry bought 500 shares of I.B.M. through a broker.

SECONDARY MARKET TRANSACTION

Peggy White bought 500 shares of Apple from another investor.

SECONDARY MARKET TRANSACTION

New York Life Insurance Co. bought 500,000 shares of Tioga Corp when the company issued the stock.

PRIMARY MARKET TRANSACTION

Primary market transactions that place when an investor purchases securities at the time the corporation or entity issued them, e.g. if you purchased Amazon's stocks at their IPO (or any other time new stocks were issued), it was a primary market transaction. But if you purchased Amazon's stocks at any other time, it is a secondary market transaction. Almost all the transactions carried out everyday are secondary market transactions.

Mike and Mary Jane Lee have a yearly income of ​$ and own a house worth ​$​, two cars worth a total of and furniture worth ​$. The house has a mortgage of ​$ and the cars have outstanding loans of ​$ each. Utility​ bills, totaling ​$ for this​ month, have not been paid. Calculate the debt ratio for the Lee household.

Answers

Answer:

48.11%

Explanation:

Calculation for the debt ratio for the Lee household.

First step is to know the Total assets

ASSETS:

House Worth 79,352

Two Cars Worth 19,907

Furniture Worth 10,442

Total Assets =$132,449

Second step is to know the Liabilities

LIABILITIES:

Mortgage Due 58,347

Car Loan Balance 5134

(2,567 each×2)

Utility Bills 242

Total liabilities =63,723

Now let calculate for the Debt debt ratio for the Lee household using this formula

Debt debt ratio=Total liabilities/Total Assets

Let plug in the formula

Debt debt ratio=63,723 /132,449

Debt debt ratio = 0.4811×100

Debt debt ratio = 48.11%

Therefore for Debt debt ratio for the Lee household will be 48.11%

Consumers' differing tastes are one reason why monopolistic:____.
a) firms encounter large barriers to entry.
b) competitors earn a positive economic profit in the long run.
c) competitors set price at MC.
d) competitors are similar to monopolists.

Answers

Answer:

d) competitors are similar to monopolists.

Explanation:

Monopolistic competition refers to a condition of the market in which it connects with various irms that are closely linked to each other but sell distinct products.

Also, there is free entry and exit in this market

In case when consumer taste and preferences are different so the monopolistic competitors are the same as the monopolist

hence, the correct option is d.

Why Uber in Istanbul is costlier than a cab

Answers

Uber enjoys a powerful advantage in Istanbul, since its drivers do not have to acquire extortionately expensive cab licences.

Our newly constructed retail space is projected to need a face lift in 7 years to keep up with changing tastes. Our projections are that the cost will be $2.5 mil. If we set aside a reserve for replacement our best return prospects for a safe investment (i.e. little risk to principle) suggest a 3% annual interest rate. How much should we deposit annually into that reserve account (sinking fund problem)

Answers

Answer:

Annual deposit = $326,265.88  

Explanation:

The amount to be set aside annually to accumulate $2.5 million in 7 years time ca n be worked out using the future value of an ordinary annuity formula.

The formula is given as follows:

FV = A×( (1+r)^n - 1)/r).

A= FV/ ((1+r)^n - 1)/r

FV - Future value

A- annual deposit

n- number of years

r- rate of return

FV - $2.5 million

A- ?

n- 7

A=2,500,000 ÷ (1.03^7 - 1)/0.03 =  326,265.88  

Annual deposit = $326,265.88  

ABC Inc has captured the market for school glue. It is preferred by both students and parents alike. It takes very little capitalization to enter the market but nobody successfully does. The glue clearly needs no patents or secret formulas. This type of market is called: pure or perfect competition. asymmetric oligopoly. competitive monopoly. None of the above described the appropriate market structure in this case

Answers

Answer:

None of the above described the appropriate market structure in this case

Explanation:

The market is an example of a monopolistic competition

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services

A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry

An Oligopoly is when there are few large firms operating in an industry

Some states have recently restructured (or are considering restructuring) their electricity industries to allow utilities to purchase wholesale electricity supplies from competitive electric generators in deregulated markets. What do you think has changed that allows state policy makers to consider deregulation?

Answers

Answer:

Innovative technologies brought about by competition in the industry that cannot be fostered by state owned electricity corporations or industry

Explanation:

power sector deregulation which allow for private owned power distribution companies are done for the purpose of encouraging competition in the power sector market by eliminating monopoly brought about by state owned power sectors. This consequently eliminates lethargy and inefficiency and non customer focused state owned sectors giving birth to competitive markets where private companies can compete on prices and deliver innovative technologies to solve power problems and satisfy consumers

How does Whole Foods help employees fulfill the needs in Maslow’s Hierarchy?

Answers

Answer: it would have cost, more money for the employees and about 70% buy at least on whole food per trip. ( so sorry if this does make sense)

Explanation:

During February 2020, its first month of operations, Schwenn Enterprises received a cash of $100,000 by its owner, Inga Schwenn. The company had cash sales of $20,000 and paid cash expenses of $35,000. Assuming no other transactions impacted the cash account, what is the balance in Cash at February 28

Answers

i would say 35,000 but i don’t know

Which of the following is not a characteristic of a good economic model?a. Captures the full complexity of a phenomenon b. Able to make powerful predictions c. Flexible in design d. Simple to understand

Answers

Answer:

c. Flexible in design

Explanation:

An economic model is a simplified version of reality that allows us to understand and predict economic phenomena.

If economic models were flexible in design it would not make accurate predictions

Trey, Inc. reports a taxable loss of $140,000 for 2018. Its taxable incomes for the years 2015 through 2017 respectively were $25,000, $35,000, and $40,000. Trey has no temporary or permanent differences. Trey elects the carryback provision. Trey expects taxable income in future years and has a tax rate of 30% for all periods affected. What should Trey report as Net Loss on its 2018 income statement?

Answers

Answer:

$117500

Explanation:

Taxable loss = $140000 for 2018

Taxable incomes : $25000 for 2015, $35000 for 2016, $40000 for 2017

tax rate = 30%

Net loss on 2018 income statement can be offset by the taxes paid on taxable income for 2 years prior to 2018 ( i.e 2016 and 2017 )

first calculate taxes on taxable incomes for 2016 and 2017

$35000 * 30% = $10500

$40000 * 30% = $12000

hence taxable profit = 10500 + 12000 = $22500

Net loss to be reported on 2018 income statement

= $140000 - $22500 = $117500

Hot Wok Cuisine is a premium Asian restaurant chain that differentiates itself from a large number of competitors by providing exclusively organic Chinese cuisine. It has some pricing power because it provides differentiated products and therefore, has some entry barriers in place. In this scenario, Hot Wok Cuisine is most likely operating in a(n) Multiple Choice oligopoly. monopoly. monopolistically competitive industry. perfectly competitive industry.

Answers

Answer:

monopolistically competitive industry.

Explanation:

this Asian restaurant is likely operating a monopolistically competitive industry. This kind of market structure is a combination of monopoly and competitive market. as it offers products and services which one similar. Also the question says that it has some barriers to entry, which is a characteristic of monopolistically competitive industry. Also goods are similar but not differentiated

You invested $4,500 in a project which gave you a return of 12.5% the 1st year. You were quite happy, but the 2nd year wasn't as good. You lost 3.3% that year. The 3rd year was better - you made 5.5% on this investment. What was your annual average rate of return over the three years

Answers

Answer:

4.9%

Explanation:

The computation of the annual average rate of return over the three years is shown below:

Given that

Positive return in 1st year is 12.5%

The Negative return in 2nd year is 3.3%

And, the positive return in 3rd year is 5.5%

So, the annual average rate of return is

= (12.5% - 3.3% + 5.5%) ÷ (3 years)

= 4.9%

Value chain activities include all of the following except:
A. Distribution.B. Supply-Chain Management.C. Operations.D. Management Information Systems.

Answers

Answer:

D. Management Information Systems.

Explanation:

Management information system may be defined as it is the system of information which is to be used for the purpose of making the decision, coordinating, controlling, analyzing and visualization of information in an organization.

Therefore the learning of the management information system includes person, technology and process in an organizational context.

While value chain may be defined as it the primary activity and support activity that add values to the customers.

The following is a December 31, 2021, post-closing trial balance for Culver City Lighting, Inc. Account Title Debits Credits Cash $ 63,000 Accounts receivable 47,000 Inventory 53,000 Prepaid insurance 23,000 Equipment 110,000 Accumulated depreciation $ 42,000 Patent (net) 48,000 Accounts payable 16,000 Interest payable 6,000 Notes payable (due in 10 years) 140,000 Common stock 78,000 Retained earnings 62,000 Totals $ 344,000 $ 344,000 a. Calculate the current ratio. b. Calculate the acid-test ratio. c. Calculate the debt to equity ratio.

Answers

Answer:

a. Current ratio = 5.17

b. Acid test ratio = 3.06

c. Debt to equity ratio = 0.26

Explanation:

a. Current ratio = Current assets / Current liabilities

Current t assets = $63,000 + $47,000 + $53,000 + $23,000

= $186,000

Current liabilities = $16,000 + $6,000 + *$14,000

= $36,000

• Note $14,000 is gotten by ; $140,000 / 10 years.

Current ratio = $186,000 / $36,000

= 5.17

b. Acid test ratio = Quick assets / Current liabilities

Quick assets = Current assets w/o inventory

= $63,000 + $47,000

= $110,000

Current liabilities = $36,000

Acid test ratio = $110,000 / $36,000

= 3.06

c. Debt to equity ratio = Total liabilities / Shareholder's equity

Total liabilities = $36,000

Shareholder's equity = $78,000 + $62,000

= $140,000

Debt to equity ratio = $36,000 / $140,000

= 0.26

Recent global changes in political and economic systems show that Multiple Choice East European communist ideology is now widespread. a lack of deregulation was the cause for the global financial crisis of 2008–2009. it is guaranteed that democracy will thrive in most of the world's newer democratic states. the multipolar world dominated by a number of civilizations of the Cold War era has vanished and is now being replaced by abipolar world. many undeveloped and impoverished national markets of eastern Europe, Latin America, Africa, and Asia are potentiallyenormous for international business.

Answers

Answer:

many undeveloped and impoverished national markets of eastern Europe, Latin America, Africa, and Asia are potentially enormous for international business.

e.g. Brazil, Mexico, Nigeria

Explanation:

all the other options are wrong because:

East European communist ideology is now widespread. a lack of deregulation was the cause for the global financial crisis of 2008–2009. ⇒ THIS IS FALSE BECAUSE COMMUNISM IS DEAD. BOTH RUSSIA (FORMER USSR LEADER) AND CHINA WHICH WERE THE LARGEST COMMUNIST COUNTRIES HAVE EMBRACED CAPITALISM.

it is guaranteed that democracy will thrive in most of the world's newer democratic states. ⇒ THIS IS FALSE, A LOT OF NEWLY CREATED DEMOCRATIC STATES FELL INTO CIVIL WAR. UKRAINE IS THE LATEST EXAMPLE

the multipolar world dominated by a number of civilizations of the Cold War era has vanished and is now being replaced by a bipolar world. ⇒ THE OPPOSITE IS TRUE. DURING THE COLD WAR THE WORLD WAS DOMINATED BY THE US AND THE USSR (BIPOLAR WORLD), NOW THE WORLD STAGE HAS MORE ACTORS WHICH MAKE SIT A MULTIPOLAR WORLD (E.G. CHINA, THE EU).

Yasmin Co. can further process Product B to produce Product C. Product B is currently selling for $34 per pound and costs $26 per pound to produce. Product C would sell for $57 per pound and would require an additional cost of $22 per pound to produce. What is the differential cost of producing Product C

Answers

Answer:

Differential cost of producing product C is $22

Explanation:

Total cost of product C = Cost of product B + Additional cost to produce C

= $26 + $22

= $48

Differential Cost = Total cost to produce C - Cost of producing B

= $48 - $26

=   $22

Thus, the differential cost of producing product C is $22

All the following will help you to identify suspicious sales of high-risk products in your inventory, EXCEPT FOR: A. Taking part in relevant training programs within your establishment. B. Becoming familiar with the traditional uses and sales patterns for high-risk products. C. Participating in partnership activities with law enforcement in your community. D. Identifying purchasers who have numerous questions about specific high-risk products.

Answers

Answer:

C. Participating in partnership activities with law enforcement in your community.

Explanation:

This is because, participation in partnership activities with law enforcement has no way of helping you to identify whether a product is a high-risk product or not. It could simply be a way of trying to sensitize the community on the need for something.

Which type of worker would most likely be able to begin work after receiving a high school degree and completing an on-the-job apprenticeship? a miner a forester a conservationist a park worker

Answers

Answer:

I think it would be a park worker

Explanation:

Park workers don't use as much heavy equipment as miners

A worker would most likely be able to begin work after receiving a high school degree and completing an on-the-job apprenticeship is conservationist. Option C is correct.

What is Conservationist?

A conservationist is a person who works to preserve wildlife, plants, or their natural environments. While some environmentalists teach students about environmental issues, others clean up seabirds after oil spills in the water. He might wish to become a conservationist if you are concerned about protecting the environment and wildlife.

A person active in conservation is one who works to safeguard wildlife, plants, and other natural resources as well as to stop the loss and waste of these resources.

Further a person who complete his education Biology A-Levels are essential, as well as at least one other subject. Furthermore, geography has its uses. A BSc in Biology, Environmental Science, or Zoology might be a suitable place to start after A-Levels before specializing during a Masters for post of conservationist.

Thus option C is correct.

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gdaniel is working in a job that pays $18,000 per year. He is considering a one-year automobile mechanics course that costs $1,000 for books and tuition. He would stop working for a year while he attends this course. Daniel estimates that this course will increase his income to $23,000 in each of the three years following completion of the course. At the end of those three years, Daniel plans to retire to a commune in Tucson, AZ. The current interest rate is 10 percent. Is it economically rational for Daniel to enroll in the course? Explain and justify your answer.

Answers

Answer:

It is not economically rational for Daniel to enroll in the course

Explanation:

Increase in income = $23,000 - $18,000 = $5,000

i = 10% = 0.1

NPV = -(18,000 + 1,000) + 5,000/(1.1)^1 + 5,000/(1.1)^2 + 5,000/(1.1)^3

NPV = -17,000 + (4545.45 + 4132.22 + 3756.74)

NPV = -17,000 + 12,434.41

NPV = -4,565.59

Conclusion: Since NPV is Negative. Therefore, it is not economically rational. So the answer is NO.

Write a Preliminary Investigation Report for the New Century Clinic (not Personal Trainer) case study in the book at the end of chapters 1 and 2. It should be similar to the one in the book written for the Software Case on page 96. Read the Software Case at the end of chapters 1, and 2. Chapter 2 lists the topics that should be included in the PI Report. I have attached a file of interviews with various personnel in the New Century Clinic. Try to come up with the costs like in the sample, even with the limited experience you have in this. This should be about one page long, just like in the sample. Use the same headings as in the sample. This is one report, not one for chapter one and one for chapter two

Answers

Answer:

I don't see the question all I see is your whole assignment directsions

An issuer is required to make an 8K filing with the SEC for which of the following events?
I. Election of new members of the Board of Directors
II. Declaration of bankruptcy
III. Declaration of a cash dividend
IV. Proposal of a merger with another corporation

Answers

Answer:

I. Election of new members of the Board of Directors

II. Declaration of bankruptcy

IV. Proposal of a merger with another corporation

Explanation:

Form 8K is expected to be filed by an organization for unexpected events that would require the knowledge of the shareholders. The form is to be completed within four days after the occurrence of the event. Some of these events include a declaration of bankruptcy by the organization, the resignation or election of new board Directors, or the merging of the company with another.

In general, events not specified in the original agreements during the establishment of the organization, or key events that happen in the course of the business must be filed in the form 8K.

enkins Company had the following information for the year: Direct materials used $ 301,100 Direct labor incurred (9,300 hours) $ 252,600 Actual manufacturing overhead incurred $ 420,000 Jenkins Company used a predetermined overhead rate using estimated overhead of $368,000 and 8,000 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $19,700. What was adjusted cost of goods sold

Answers

Answer:

The adjusted cost of goods sold is $86,710

Explanation:

The actual cost of production incurred = Direct materials used + Direct labor incurred + Actual manufacturing overhead incurred

= $301,100 + $252,600 + $420,000

= $973,100

Actual costs of goods sold = $973,100 - $19,700

= $953,400

Direct labor cost per hour = $252,600 / 9,300 hours

= $27.16 per hour

Estimated direct labor cost = $252,600 / 9,300 × 8,000

= $217,290

Total estimated cost of production = $301,100 + $217,290 + $368,000

= $886,390

Estimated cost of goods sold = $886,390 - $19,700

= $866,690

Therefore,

Adjusted cost of goods sold =

$953,400 - $866,690

= $86,710

A manager receives a request from an employee to take off a Wednesday for religious reasons. The manager did not know that this employee was particularly religious and does not believe that the leave is for religious reasons. The manager believes that the employee is going to use this day as a personal day off. Should the manager investigate the situation?

Answers

Answer:

Yes

Explanation:

There is no federal law that requires that a manager give an employee days off due to religious reasons. Therefore in this scenario, the manager should investigate the situation further. If the manager finds out that the employee is taking advantage of the manager's generosity and lying then they should get reprimanded for doing so. Otherwise, the employee can have their day off as they asked.

People take permission to be off duty for different reasons. I do not want the manager to investigate the situation. It is a No for me because I believe that as Human being, we have to respect all the religion.

U.S. law clearly stipulated that that employers should not discriminate on the basis of religion and must accommodate for religious needs of the employees.

Forcing employees not to use or take an off days for religious holidays is said to be not advisable.

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The General Fund levies property taxes in the amount of $1,000,000 for calendar year 2019. It expects to collect $950,000 during the year, $30,000 in the first 60 days of the next year, and $15,000 during the rest of the next year. It does not expect to collect the remaining $5,000. How much property tax revenue should it recognize for the year 2019?

Answers

Answer:

Under the accrual basis, it should recognize $1,000,000 as property tax revenue for the year 2019.  The remaining $45,000 that it does not collect in year 2019 will be accounted for as Property Tax Receivable while the $5,000 will be recorded as Uncollectible Expense in 2019.

Explanation:

The accrual concept or basis of accounting requires that all revenues and expenses relating to a fiscal year be recognized in that accounting year.  It is not only the actual cash receipts and payments that should be recognized.  This means that any revenue that is due but not yet received will be accounted for in the year that the revenue arises.  And all the related expenses for raising the revenue will also be accounted for in the same year.

The first papers about servant leadership were written by ______.
a. Spears
b. Liden
c. Greenleaf
d. House

Answers

Answer:

c. Greenleaf

Explanation:

Servant leadership is a type of leadership in which the individual interact with each other it could be either management or fellows employees with a motive to accomplish an authority instead of power. Also it follows that organization structure which is decentralized

And, the first paper with respect to the servant leadership was wrote by Green leaf and the same is to be considered

Hence, the correct option is C.  

Does net periodidc pension cost show on the income statement?

Answers

Answer:

Yes, it is recorded in the income statement.

Explanation:

Periodic Pension Expense is mainly the cost which is related to the pension plans which are mentioned on the income statement of a company. As such these are basically employee benefits provided by the company to their employees in a periodic period and is a source of income for employees when they reach their retirement age.

The costs included in the pension expense are service cost, interest cost, return on the plan's asset, amortization of prior service cost and amortization of actuarial gains or losses incurred during the period.

In managerial leadership, which part is leadership?
a. understanding.
b. facilitating.
c. exhibiting.
d. influencing.
e. demonstrating.

Answers

Answer:

All of them but if I had to choose it would be D.

Explanation:

In managerial leadership, the leadership aspect encompasses are including "understanding, facilitating, exhibiting, influencing and demonstrating". The correct option is all.

Leadership involves having a deep comprehension of the organization's goals, challenges and the needs of its team members as understanding.

It requires the ability to empower and support employees to reach their full potential and fostering a collaborative and productive work environment as facilitating.

A great leader leads by example, displaying the values, ethics and behaviors expected of their team members as exhibiting.

Effective leadership involves inspiring and motivating, communication, leaders show commitment, competence and dedication to the organization's vision and mission as demonstrating.

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Borrowed $4,440 from a local bank on a note due in six months. Received $5,130 cash from investors and issued common stock to them. Purchased $1,500 in equipment, paying $450 cash and promising the rest on a note due in one year. Paid $550 cash for supplies. Bought and received $950 of supplies on account. Prepare a classified balance sheet for Spotlighter, Inc., as of January 31.

Answers

Answer:

Classified balance sheet for Spotlighter, Inc., as of January 31.

Assets

Non-Current Assets    

Equipment                                        $1,500  

Total Non-current assets               $1,500

Current Assets

Supplies                                           $1,500

Cash                                                 $8,570

Total current assets                     $10,070

Total Assets                                   $11,570

Equity and Liabilities

Equity

Common Stock                               $5,130

Total Equity                                     $5,130

Liabilities

Accounts Payable                            $950

Note Payable                                 $5,490

Total Liabilities                             $6,440

Total Equity and Liabilities         $11,570

Explanation:

Step 1 :

First Record the Transactions as follows

J1

Cash $4,440  (debit)

Note Payable $4,440 (credit)

J2

Cash $5,130 (debit)

Common Stock $5,130 (credit)

J3

Equipment $1,500 (debit)

Cash $450 (credit)

Note Payable $1,050 (credit)

J4

Supplies $550 (debit)

Cash $550 (credit)

J5

Supplies $950 (debit)

Accounts Payable $950 (credit)

Step 2 :

Post the Account Balances to the Trial Balance as follows

                                                                            Debit          Credit

Cash ($4,440 + $5,130 - $450 - $550)            $8,570

Note Payable ( $4,440 + $1,050)                                         $5,490

Equipment                                                          $1,500

Supplies ($550 + $950)                                    $1,500

Accounts Payable                                                                    $950

Common Stock                                                                      $5,130

Totals                                                                $11,570       $11,570

Step 3 :

After the Trial Balance has been prepared, Financial Statements can then be prepared using the list of Account Balances. Financial Statement include the Balance sheet that has been required for this question.

A security will make payments of $25 per month for the next 5 years, plus $1000 at maturity. Which of the following is true? Group of answer choices If the price increases from $1,500 to $1,600 then the period rate will be more than the nominal rate If the price increases from $1,500 to $1,600 then the yield to maturity will increase. If the price increases from $1,500 to $1,600 then the effective rate will increase If the price increases from $1,500 to $1,600 then the yield to maturity will decrease.

Answers

Answer: If the price increases from $1,500 to $1,600 then the yield to maturity will decrease.

Explanation:

If Yields in the market fell, Bonds would still be making the same coupon payments they always have been regardless of this fall. This will lead investors to buy more bonds which will have the effect of raising bond prices.

This therefore shows that Bond prices and Yields are inversely related. If one rises, the other falls. If the price of the security (bond) increases from $1,500 to $1,600 then it follows that the yield to maturity will decrease.

Other Questions
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