Company A wants to issue 60 bonds. Each bond has a 7% coupon bond with semi-annual payments, a par value of $1000, 30 years to maturity, and a yield to maturity of 6.7%. How much will Company A receive when it sells the bonds

Answers

Answer 1

Company A receive when it sells the bonds $62, 314.54

What is yield to maturity?

The annualized return that a bond investor would get from keeping the bond until maturity is referred to as the “yield to maturity” (YTM) of a bond.

Face value $1000, Coupon rate 7%, 30 years to maturity, yield to maturity of 6.7%, frequency 2

Nper = 30×2 = 60 (indicates the remaining maturity period of bonds), Rate = 0.067/2 (indicates semi-annual YTM), PMT = 1000 7%1/2 = 35 (indicates the amount of semi-annual interest payment), FV = 1000 (indicates the face value of bonds), PV = ? (indicates the current price of the bond), Current Price of the Bond = PV(Rate, Nper, PMT, FV) = PV(0.067/2,60,35, 1000) = $1038.58

=$62, 314.54

Hence, $62, 314.54 is the correct answer.

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Related Questions

Which type of policy determines benefits based on a relative value scale?

Answers

The type of policy determines benefits based on a relative value scale is known as Hospital indemnity.

What is  Hospital indemnity?

Hospital indemnity insurance is known to be a kind of supplemental coverage that is said to often aid a person's health insurance with financial protection.

Therefore, note that The type of policy determines benefits based on a relative value scale is known as Hospital indemnity.

See options below

A. Hospital indemnity

B Major medical

C Dental expense

D Basic surgical expense

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A bond, which pays $80 in annual coupon, and has a face value of $1,000. What is its yield to maturity if the bond has 20 years remaining until maturity and currently selling for $1,200?

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The yield to maturity of the bond, which pays $80 in annual coupon with a face value of $1,000 and currently sells for $1,200 with 20 years remaining until maturity is 6.22%.

What is yield to maturity?

The yield to maturity shows the percentage rate of return for a bond when the investor holds the asset until its maturity date.

The yield to maturity can be computed using an online finance calculator as follows:

Data and Calculations:

Face value = $1,000

Bond price = $1,200

Annual coupon rate = 8% ($80/$1,000 x 100)

Years to maturity = 20 year(s)

Result:

Yield to maturity (YTM) = 6.22%

Thus, the yield to maturity of the bond, which pays $80 in annual coupon with a face value of $1,000 and currently sells for $1,200 with 20 years remaining until maturity is 6.22%.

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which costs are affected by the level of output produced?

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The costs that are affected by the level of output produced is:

Variable costs

What are Variable Costs?

Variable costs are the accrued costs that are dependent on the amount of productivity invested by the employees. The variable costs are not stable because they vary with the level of output at every point in time.

The opposite of variable cost is fixed cost. Raw material and delivery costs are some examples of variable costs.

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As a recent college graduate, Eli started working for an export trading company. His job has already taken him around the globe on several occasions. He was amazed to see the difference in working conditions in the developing nations he visited, as opposed to similar operations in the United States. The expectations of workers were not the same. Eli's experience is an example of

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Eli's experience of the differences in the working conditions in the developing nations with the United States is an example of (B) social responsibility differences between similar firms, but in different countries.

What is corporate social responsibility?

Corporate social responsibility refers to the approach adopted by entities to respond to social justice in their environments.

Entities engage in corporate social responsibility in four major areas:

Environmental ResponsibilityEthical ResponsibilityPhilanthropic ResponsibilityEconomic Responsibility.

Question Completion with Answer Options:

(A) corporate philanthropy differences in different countries.

(B) social responsibility differences between similar firms, but in different countries.

(C) the difference in corporate social initiatives in foreign nations.

(D) the need for whistleblowers abroad.

Thus, Eli's experience of the differences in the working conditions in the developing nations with the United States is an example of (B) social responsibility differences between similar firms, but in different countries.

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over time, the members of an organization have developed ______ as a result of coping with the organization’s challenges and coordinating resolutions that work for them.

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Over time, the members of an organization have developed patterns as a result of coping with the organizational' s challenges and coordinating resolutions that work for them.

What are organizational challenges?

A major challenge faced by organizations is the need to ensure consumer needs are concentrated on, while also striking a balance among the interests of countless other people or groups.

Hence, over time, the members of an organization have developed patterns as a result of coping with the organizational' s challenges and coordinating resolutions that work for them.

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A registered representative in your firm is about to retire and has asked a younger representative in the same branch office if she wants to buy his book of business. The younger representative is very interested and the two RRs have negotiated a sale price and have agreed in a written contract that continuing commissions will be paid to the retiring representative for a period of 5 years following retirement, based on the clients named as of the date of retirement. Which statement is TRUE about such an arrangement

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The statement that is  TRUE about such an arrangement is: Such an arrangement is a permitted private contract as long as the contract is executed prior to the retirement date,

What is private contract?

Private contract  is a type of written or oral  agreement between two parties or between two or more people.

Since the registered representative intent is to get an income after retirement  through the commission earn by selling his book of business the contract is valid in as far as the contract was executed before the registered representative retire date.

Therefore the arrangement is a permitted private contract.

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You have set up an appointment for an in-home sales presentation with mrs. Fernandez, who expressed interest in the medicare plans you represent. In preparation for the sales presentation, what must you do?.

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Prior to conducting the presentation, obtain, and document having obtained her permission to visit, along with her interest in the specific products you will present.

What is a Sales Presentation?

Sales presentation is a meeting for giving the information about a product or service that you are trying to sell and persuade people to buy it.

In order to develop a winning sales presentation, one must have to plan and prepare a proper presentation which consists introduction, questioning, objectives etc.

The main objective of the sales presentation is to present your product or service in a professional manner.

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Answer it please the question is in the pic T_T​

Answers

Answer:

Economics:

Explanation:

Political Economy or Economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing.

i hope this helped you

People would come from all over the greater city lines for Sami's Sushi until the owner of Sami's decided to expand to some of the well-populated suburbs. This decision was a corporate-level strategy referred to as ______.

Answers

The strategy of concentration on a single industry was the decision made on the corporate-level.

What is a concentration on a single industry?

It is known as localization of industries that means the concentration of a certain industry in a particular region.

The strategy of localization of industries that ensures a competitiveness exist within a single industry.

Hence, the strategy of concentration on a single industry was the decision made on the corporate-level.

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kentucky licensee giana manages three star realty’s main office. she’s in charge of training and mentoring the firm’s staff. what kind of licensee is she?

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Giana who is in charge of training and mentoring the firm’s staff is a:

Principal Broker

Who is a Principal Broker?

A principal broker is found in many real estate offices. The role of these brokers is to ensure that all the staff and their methods of engagement are in agreement with the proscribed laws of the nation and state.

Since Giana has to train and mentor the firm's staff to conform to agreed standards, she can be referred to as a Principal Broker.

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In the context of supply chain management (scm) technologies, _____ enables business partners to send and receive information on business transactions

Answers

The Electronic Data Interchange is the element of supply chain management that enables the business partners to send and receive information on business transactions.

What is an Electronic Data Interchange?

This refers to the electronic interchange of business information which a company sends to another company, individual, stakeholders etc.

Hence, this is element of supply chain management that enables the business partners to send and receive information on business transactions.

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How does the financial market impact the economy?

Answers

Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.

The needs of borrowers and lenders are met by the combination of well-established financial markets and institutions as well as a wide range of financial products and instruments, which benefits the economy as a whole.

Investors can specialize in specific industries or services, diversify their risks, or do both thanks to financial markets (like those that trade stocks or bonds), instruments (including bank CDs, futures, and derivatives), and institutions (like banks, insurance companies, mutual funds, and pension funds). Financial markets and financial institutions, collectively contribute to economic growth; nevertheless, the relative proportion of the two does not seem to be a significant determinant in growth.

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the _____ shows the quantity supplied at various prices.

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The supply curve shows the quantity supplied at various prices.

What is supply curve?

Supply curve can be defined as the curve that help to  show the price of product as well as the quantity supplied at a particular period of time.

Supply curve is important as it  shows also how  the price of product or goods increase.

Therefore the supply curve shows the quantity supplied at various prices.

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A situation in which each firm chooses the best strategy given the strategies chosen by other firms is called a.

Answers

Answer:

A Nash equilibrium results when every firm in an industry chooses a strategy that is optimal given the strategies chosen by its competitors.

Bill, the owner of FG Kraftco Corp., asks his employee, Megan, for sexual favors in exchange for a raise in her salary. When Megan refuses to entertain his request, Bill reduces her salary. Megan files a charge against Bill with the Equal Employment Opportunity Commission. This case is a ________. Group of answer choices retaliation case res judicata case disparate impact case hostile work environment case quid pro quo case

Answers

Based on the fact that Bill reduced Megan's salary because she refused his sexual advances, this is a quid pro quo case.

Why is this a quid pro quo case?

This is a case where parties are meant to exchange goods or services in a way that both get what they want.

Megan wanted a raise and Bill wanted a sexual favor. When Megan refused the sexual favor, Bill refused the raise. This is therefore a quid pro quo case.

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explain how automation impacts network management

Answers

The automation can impact network management by:

By establishing  perfect network view.Easy access to network data

How can automation can impact network management?

By using automation programs, it make network management to be easy and direct because it improve the control that one has on the network.

With automation, it will be easier to  access network data as well the  performance reports.

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Jane Dunston is a general agent for JAX Industries, Inc. Jane is directed by JAX's CEO to purchase land in Idaho for the construction of a luggage factory. The announcement of JAX's move into Idaho would have a substantial impact on the economy generally and would result in price increases for real estate. JAX's CEO instructs Jane to not reveal that she is acting on behalf of JAX. Jane purchases a factory site for $1.2 million, signing her name on the contract. The seller of the factory

Answers

the price would result as 1.2 million

Scarcity exists when there are _______ resources available to satisfy all the competing uses.

Answers

Few resources or limited resources or not enough

Have a nice day.

There is little evidence that countries with high union membership_____________________, and also very little evidence that the reduction in U.S. union membership over time has brought_____________________ for the U.S. economy as a whole. tend to suffer economic damage as a result; broad benefits or costs have economically benefited; economics benefits have broader benefits as a result; economic damage tend to enjoy economic benefits as a result; harmful economic costs g

Answers

tend to suffer economic damage as a result; broad benefits or costs

There is little evidence that countries with high union membership tend to suffer economic damage as a result, and also very little evidence that the reduction in U.S. union membership over time has brought broad benefits or costs for the U.S. economy as a whole.

Why did union membership decrease?

Increased management opposition to union organizing, driven by profit-related variables such as an increase in the union wage premium, more international competition, and government deregulation policies, is the primary cause of the drop in US private-sector unionization.

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True or false: In the United States, inflation reached double-digit rates in the 1970s and early 1980s but has since declined and recently, has been relatively mild.

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This is True that In the United States, inflation reached double-digit rates in the 1970s and early 1980s but has since declined and recently, has been relatively mild.

What is inflation?

A general increase in the cost of goods and services is referred to as inflation. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.

When prices for goods and services increase rapidly, there is rapid inflation, which reduces the purchasing power of savings. Oil prices, currency speculators, rapacious businesspeople, and avaricious union leaders were held responsible for The Great Inflation.

Numerous businesses were destroyed and countless people were harmed by the Great Inflation and the recession that followed.

Cause for the decline in inflation:

Reduced government spending, Stock market declines,Consumer desire to save more money, Tighter monetary regulations

When the economy's output expands more quickly than the amount of available credit and money, falling prices can also occur spontaneously

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According to Alex Chuang, what three things should a pitch deck accomplish? (Choose three)
Tell a great story
Define key terms in your industry
Explain and validate your business model
Show research that justifies the funds requested

Answers

According to Alex Chuang, three things that a pitch deck should accomplish are:

Define key terms in your industry.Explain and validate your business model.Show research that justifies the funds requested.

What should a pitch deck do?

A pitch deck should be able to convince investors of the need to fund your idea according to Alex Chuang.

It should explain why you picked a certain business model and the research behind the need for the funds in your business plan.

Don't forget to define key terms in your industry that come in handy with revenue generation.

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Answer:

The correct answer is to Tell a great story,  Explain and validate your business model, and Show research that justifies the funds requested. I just took the quiz.

Francis works for a local fly-fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year, Francis purchased one rod. The rod normally retails for $300, was purchased for $225, was sold to Francis for $250, and the employer's average gross profit percentage is 30 percent. What amount of the discount must be included in Francis's income

Answers

The amount of discount that has to be included in Francis's income is 0.

How to solve for the discount amount

The amount of the discount - sales price

= 300 - 250

= $50

This is the discount when it is sold to employees

Next we solve for the gross profit as

sales price x gross profit rate

= 300 x 30%

= 90

Given the amounts that we have here we have to conclude that the amount to be included in the account is 0

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Which important biochemical process receives a supply of nad ions from the fermentation process during anaerobic respiration?

Answers

Answer:

Glycolysis

Explanation:

Glycolysis is the process that receives a supply of NAD+ ions from the fermentation. When cells need energy but there is no oxygen for aerobic respiration than anaerobic respiration takes place.

5. how do you think magellan's discoveries affected the market demand curve for
spices? what do you think is the main reseason for any change in the market demand
curve for cinnamon during the past 500 years?

Answers

Magellan's discoveries affected the market demand curve for spices by shifting it to the right which meant demand increased.

A change in the market curve for cinnamon would be due to an increase in demand.

How did Magellan's discovery affect the market for spices?

Thanks to Magellan, Europeans were able to get more spices from India and SE Asia without having to go through Arabic lands.

This increase the supply of spices which led to the prices of spices falling. As prices fell, demand then rose to benefit from the lower prices.

This increase in supply was why the market demand curve for cinnamon changed.

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In computing equivalent units, ___________ is not part of the equivalent units of production formula

Answers

The beginning work in process is not part of the equivalent units of production formula for computing equivalent units.

What is an equivalent units of production?

This refers to expression of the amount of work done by a manufacturer on units of output that are partially completed at the end of an accounting period.

Hence, the beginning work in process is not part of the equivalent units of production formula for computing equivalent units.

Therefore, the Option C is correct.

Missing Options "A. ending work in process B. units transferred out . beginning work in process D. none of these is correct"

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Ruthe lost her job last year, and she's fallen three months behind on the mortgage payments for her baltimore home. she seeks the services of chuck, a foreclosure consultant. chuck charges ruthe $1,000 up front, then disappears and fails to return ruthe's calls. phifa permits ruthe to ______.

Answers

Phifa permits Ruthe to take action where Chuck can be held accountable in a private lawsuit for up to $3,000 in damages and appropriate legal costs.

What is a lawsuit?

A lawsuit is an action brought by one or more parties in a civil court of law against another party. In most cases, the procedures involved in a civil lawsuit are known as litigation.

For damages occurred as a result of a PHIFA-prohibited practice, a homeowner may file a civil lawsuit against a foreclosure consultant.

The court can impose fines up to three times the amount of real damages if it determines that the accused violated PHIFA intentionally. The homeowner may also demand fair legal fees.

Therefore, Ruthe can demand $3,000 as damages in the private lawsuit.

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the accompanying diagram depict's alex's demand for shoes. a. if shoes cost $50 a pair, how many pairs of shoes will alex buy?

Answers

If shoes cost $50 a pair, the number of shoes she would buy is 5.

How many shoes will she buy?

The image shown is a demand curve. A demand curve shows the relationship between price and quantity demanded. Price is on the y-axis and quantity demanded is on the x-axis.

In order to determine the quantity demanded, trace $50 to the curve and trace it down to the x axis.

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As a CA employer, in terms of record retention, what three types of records do I need to pay special attention to? Group of answer choices Safety and toxin/chemical exposure records, including safety data sheets: keep for 30 years Pension and welfare plan information: keep for six years. All of the above. First-aid records of job injuries causing loss of work: keep for five years.

Answers

CA Employers need to pay attention to the following records:

Safety and toxin/chemical exposure records, including safety data sheets: keep for 30 years.Pension and welfare plan information: keep for six years. First-aid records of job injuries causing loss of work: keep for five years.

Which records need to be kept by CA employers?

The state of California requires that employers in the state should keep certain records.

Pension and welfare records should be kept for 6 years while first-aid records should be kept for 5 years.

Safety and chemical records are placed a high value on and should be kept for 30 years.

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why is innovation a key component of a manager's job in today's business environment?

Answers

Innovation gives companies a "fresh" image without changing much real substance.

What is innovation?

This refers to the process or an exciting new way of doing something. It involves coming up with new ideas, which is different from the existing one.

Hence, innovation is a key component of a manager's job in today's business environment because it gives companies a "fresh" image without changing much real substance.

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Decisions regarding managing and monitoring day-to-day business activities are referred to as ________ intelligence. analytical transactional operational business production

Answers

Operational intelligence.

What is Operational Intelligence?Operational intelligence (OI) is a subset of dynamic, real-time business analytics that provides visibility and understanding of data, streaming events, and business operations. OI systems use streaming data streams and event data to conduct queries on them in order to offer analytical results as operational directives. OI gives businesses the capacity to make decisions and take fast, manual or automated action in response to these analytical insights.Purpose of Operational intelligence:The goal of OI is to keep an eye on business operations, spot situations including inefficiencies, chances, and threats, and offer operational solutions. Operational intelligence is also described as an event-centric approach to information delivery that enables individuals to make better decisions based on complete and accurate information.

Therefore, decisions regarding managing and monitoring day-to-day business activities are referred to as operational intelligence.

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John Reynolds established a $500,000 trust, the income from which is to be paid to Mansfield University for general operating purposes. The present value of the income is estimated at $500,000. The Wyndham National Bank was appointed by Reynolds as trustee of the fund. What journal entry is required in Mansfield's books pls i need to pass this class i wna graduate 2015-{20155(x-5)5}=2014 Read the sentence.The exquisite old painting hanging slightly crookedover the mantelpiece commanded our attention.Which part of the sentence is a prepositional phrase?exquisite old paintinghanging slightly crookedO over the mantelpiececommanded our attention A __________ is formed when vertical incision by a stream is the primary process, with relatively minimal mass wasting. What is the founder effect?A(when an individual is lonelyB(When individuals join a population and their genes merge into the pool.C) When individuals become isolated from thelarger populations and the gene pool differsfrom the original population over time Select the correct answer.Rewrite the following equation as a function of x.680x+10y - 1000 = 0OA. f(x) = 100 - 68x B. f(x) = 10 + z zx168OC. f(x) = 100 - 368 Understanding idioms relies on the reader's knowledge of the literal denotation of the words,not their connotation.True or false ?FalseTrue Based on his address to the Joint Session of Congress and your understanding of the historical context surrounding the speech, which of the following principles is the most important to Truman's foreign policy philosophy? a + b + ab = 7b + c + bc = 21a + c + ac = 28 ab + bc + ac = ? According to this passage, which factors have a negative impact on self-esteem? check all that apply. being bullied support from parents being told that one is not clever encouragement from parents relationship with significant others What is the simplified form of this expression? 3x + (8x 16) Which best describes two ways in which hydrogen is involved in photosynthesis?O1-Hydrogen is stored in leaves of plants.2-Hydrogen combines with carbon dioxide to make glucose.O1-Hydrogen is stored in leaves of plants.2- Hydrogen combines with oxygen to make water.O 1-Hydrogen enters plants as a component of water.2-Hydrogen combines with carbon dioxide to make glucose.O1-Hydrogen enters plants as a component of water.2- Hydrogen combines with oxygen to make carbon dioxide. Suppose a jar contains 12 red marbles and 12 blue marbles. If you reach in the jar and pull out 2 marbles at random, find the probability that both are red the answer choices is A. x B. z C. w D.y pls help me, I greatly appreciate all the help I'm getting Giving my all points away! What is the Value of log5512, when log 2 = 0.3010 and log 3 = 0.4771? please helpCarefully reread the text you have chosen, and look for 50100 words that stand out in the prose passage. Highlight or underline details, words, and phrases that you find powerful, moving, or interesting.2. On another sheet of paper, make a list of the details, words and phrases you underlined, keeping them in the order that you found them. Skip a line between the words so that they are easy to work with.3. Look back over your list and cut out everything that is dull, or unnecessary, or that just doesnt seem right for the poem. Try to cut your original list in half, so that you have 2550 words.4. Make any minor changes necessary to create your poem. You can change punctuation and make little changes to the words to make them fit together (such as change the tenses, possessives, plurals, and capitalizations).5. When youre close to an edited-down version, if you absolutely need to add a word or two to make the poem flow more smoothly, to make sense, or to make a point, you may add up to two words of your own. Thats two (2) and only two!6. Read back over your edited draft one more time and make any deletions or minor changes.7. Check your words, and choose a title is there a better title than Found Poem?8. Copy the words and phrases into your journal or type them in a word processing program. Space or arrange the words so that they are poem - like. Pay attention to line breaks, layout, and other elements that will emphasize important words or significant ideas in the poem. PLEASE HELP AND SHOW WORK PLEASE.How is this a no solution answer? I came out with the answer x < -2 and x 55 - x > 7 and 2x + 3 13 Point T is located at (6, 2) and point S is located at (1, 13). What are the coordinates of the point that is `\frac{4}{5}` of the way from T to S? Aero in aerobic and anaerobic respiration stands for?Owater.Ohydrogen.O carbon.O oxygen.