You buy 400 shares of stock at a price of $92 and an initial margin of 60 percent. if the maintenance margin is 30 percent, at what price will you receive a margin call?

Answers

Answer 1

Marginal Call Price is: 52.57 $

Given:

400 shares

Price: $92

Initial Margin = 60%

Maintenance Margin: 30%

Amount borrowed: (400*92) - (400*92)(60%) = 14,720

Margin call Price = 14720/400 shares/ (1-30%) = 52.57 $

Marginal Call Price is: 52.57 $

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Related Questions

High intakes of ______ tend to increase the risk of developing chronic diseases, such as cardiovascular disease, hypertension, diabetes, and obesity.

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High intakes of salt alcohol animal fatstend to increase the risk of developing chronic diseases, such as cardiovascular disease, hypertension, diabetes, and obesity.

It is thought that type 1 diabetes is brought on by an autoimmune reaction (the body attacks itself by mistake). This response prevents your body from producing insulin. Five to ten percent of people with diabetes have type 1. Symptoms of type 1 diabetes frequently emerge out of nowhere. Kids, teenagers, and young adults are typically where it is found. Those with type 1 diabetes need to take insulin every day to keep alive. Type 1 diabetes currently has no known cure. Type 2 diabetes makes it challenging to maintain normal blood sugar levels because your body has trouble using insulin as it should. Type 2 diabetes affects 90–95% of diabetics.

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Because the federal government typically provides disaster relief to farmers, many farmers do not buy crop insurance even through it is federally subsidized. This illustrates.

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To illustrate is to make something more clear or more visible. Children's books are illustrated with pictures. An example can illustrate an abstract idea. The word illustrate comes from the Latin illustrate 'to light up or enlighten.

The illustration is a rhetorical style that uses examples to support the thesis or main idea of a paragraph or essay. The illustration is most often used at the paragraph level to help illustrate or support a point, but you may also encounter illustration essays of various types in your college courses.

The topic sentence is the main supportive argument of this particular paragraph. The background sentence starts the illustrative part there can be up to three of them. The Research sentence explains the idea in detail by quoting or paraphrasing pieces of evidence. The analysis explains how it is related to your topic and thesis.

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A (n) ________ does not take title to goods and represents buyers or sellers on a more permanent basis.
a. retailer
b. agent
c. industrial distributor
d. full-service wholesaler

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An Agent does not take title to goods and represents buyers or sellers on a more permanent basis.

When someone is referred to as an agent, it means that they have the right to act as an agent for another party. An agent is a middleman who acts as a representative for either the buyer or the seller, does not acquire ownership of the products, and is paid a commission for services rendered.

A military service or agency that supplies to another military service or agency under the Defense Materiel Utilization Program is referred to as an agent. An agent is a wholesaler who does only a few tasks, does not take title to the goods, and regularly represents buyers or sellers. Four categories exist:

producers' representativesselling brokersbuyers' agentsCommission-based businesses

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1.Which is a form of passive income? (1 point)
A.Owning rental property
B.Teaching golf
C.Wages from a part-time job
D.Trading stocks

Answers

The form of passive income is option C. Wages from a part-time job. Wages from a part time job is not the active income. It comes as an additional income to the main income coming from the main job.

Wages complement the income coming from the main job. Wages is a form of pay that comes on the basis of work done per time or week or period defined.

What is a passive income?

Passive income is a type of unearned income that is acquired automatically with minimal labor to earn or maintain. Passive income is often combined with another source of income, such as a side hustle. In the United States, the IRS divides income into three categories: active income, passive income, and portfolio income.

Therefore, the correct answer is option C. Wages from a part-time job.

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Answer:owning rental property

Explanation: just took the test

Dalena owns a small house cleaning business. In what way is she MOST helping society with her business?
Question 3 options:

producing a product

providing a service

providing paychecks to employees

donating goods to the community

paying taxes

Answers

The correct option is B. Dalena owns a small house cleaning business by providing a service helping society with her business.

How do you manage a cleaning business?

Learn how to clean, Choose a niche for your cleaning business. Promote your home cleaning company. Provide individualized services, and assemble a top-notch cleaning crew. Establish a productive cleaning process. Manage the activities of your company.

A cleaner is in charge of performing all necessary basic cleaning inside and outside the building or facility. Cleaning smudges from windows and doors as well as dusting, mopping, sweeping, and vacuuming might be included in this. Another crucial duty of a cleaner is making sure that restrooms are cleaned, sanitized, and refilled.

Thus, the correct option is B.

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Producer's risk is the probability of:________
a. rejecting a good lot.
b. accepting a good lot.
c. accepting a bad lot.
d. rejecting a bad lot.
e. none of these.

Answers

A producer's risk is the probability of rejecting a good lot.

Producer's risk is the probability that a very good product may be rejected as an awful product via the purchaser. It calculates the possibility of loss from (1) rejecting a batch which, in fact, needs to were widespread, or (2) accepting a batch that, in fact, can be rejected by using the patron.

Which means that there are styles of dangers that can occur: The chance that made of unsatisfactory satisfaction can be conventional (consumer's risk) The chance that excellent best product could be rejected (producer's hazard).

The mistake of rejecting an amazing-satisfactory lot creates a hassle for the Producer; the opportunity of this mistake is known as the manufacturer's chance.

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Cedar links recreation inc. Has issued​ ten-year zero-coupon bonds with a​ $1,000 face value. If the bonds are currently selling for​ $514. 87, what is the yield to​ maturity?.

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The yield to maturity i.e. r =6.86% which Cedar Links recreation Inc. issued ten year zero-coupon bonds with a $1000 face value when current Selling Price = $514.87.

Present Value(price)=FV/(1+r)^N

Present Value =price= $514. 87

Face Value = $1000

Let r=yield to maturity=unknown

Let N=years to maturity=10

$514.87=$1000/(1+r)^10

$514. 87*(1+r)^10=$1000

(1+r)^10=$1000/$514. 87

(1+r)^10=($1000/$514.87)^1

divide indexes on both sides by 10

(1+r)^(10/10)=($1000/$514.87)^(1/10)

1+r=($1000/$514.87)^(1/10)

r=($1000/$514.87)^(1/10)-1

Thus, if bonds are currently selling for​ $514. 87, then the yield to maturity is 6.86%.

A bond is a sort of security used in finance where the producer owes the holder a debt and is required, depending on the terms, to repay the principal and interest on the bond at the date of maturity. The interest is typically due at predetermined intervals, such semiannually, annually, and less frequently at various times. A bond is therefore a type of loan or IOU. With the help of bonds, the borrower can finance lengthy investments or, in the case of government bonds, current expenses.

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Under standard accounting rules, it is possible for a company liabilites to exceed its assets. when this accours, the owners equity is negatrive. can this happen with market values? why or why not

Answers

YES. Under standard accounting rules, it is possible for a company's liabilities to exceed its assets. when this occurs, the owner's equity is negative.

The worth of an asset might increase or decrease because market value is determined by how much it is WORTH. When something becomes useless, its value can significantly decline from where it once was. For instance, if you had a firm that produced flip phones, but no one continued to buy them the following year, your production facility would be worthless.

Unfortunately, the bank still desires to recover its loan in the situation above. The flip phone company's issues with value are unimportant to the bank. The bank will make an effort to recover what is still owed to it.

YES. Under standard accounting rules, it is possible for a company's liabilities to exceed its assets. when this occurs, the owner's equity is negative.

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4. assuming the intracompany demand for service will average 205 hours per month, what level of commercial revenue hours of computer use would be necessary to break even each month?

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The company would need would need 177.39 commercial hours to break even each month.

Intracompany Hours = 205.00

Intracompany CM / Revenue Hour = 371.30

Total CM = 76,116.69

Remaining FC that must be covered by Commercial  = 136,822.31

Commercial CM / Revenue Hour = 771.30

Commercial Revenue Hours needed to break-even =  177.39

What is commercial hours?

Business hours are the times of day when transactions are typically made. Regular business hours differ greatly from country to country. Employees can communicate with one another more easily and create a convenient separation between work and home life by adhering to common informal standards for business hours.

The most typical full-time workweek consists of 40 hours and runs from 9:00 AM to 5:00 PM, Monday through Friday. While most full-time work schedules typically consist of one shift per day, there are some jobs (like retail) where there may be multiple shifts, but the total number of hours worked will still be 35 to 40 per week.

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International differences can have a profound impact on data gathering. The marketing researcher should therefore follow a two-pronged approach when conducting international marketing research projects. In the first phase, the marketer should focus on indirect data gathering. This _____ data would then be analyzed to gain a greater understanding of the particular marketing environment.

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This secondary data would then be analyzed to gain a greater understanding of the particular marketing environment.

Market research or also known as marketing analyst can be described as an organized effort to gather information about target markets and customers: know about them, starting with who they are. Market research or also known as marketing analyst is an important component of business strategy and a major factor in maintaining competitiveness.

Market research analysts analyze data and gather on competitors and customers. Market research analysts study consumer preferences, other factors to assess potential sales of a service or product, and business conditions. Market research analysts help companies understand who will buy them, what products people want, and at what price.

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Assume baldwin is producing 920 units of beetle next year. what would beetle's plant utilization be?

Answers

The beetle's plant utilization will be 61.3%.

calculating,

utilization = [tex]\frac{Future Production}{Full Capacity Production}[/tex]

= [tex]\frac{920}{1500}[/tex]

= 0.613x 100

= 61.3%

Plant utilization is the ratio of the time spent in a factory compared to the total time it could be used to produce goods or the number of machines being used compared to the total number that could be used. The utilization rate of the factory is calculated by multiplying the actual monthly or annual output by 100 and then dividing the result by the factory's maximum annual or monthly output. The ideal capacity utilization rate for an organization is 100%. However, a company wouldn't want to continue with 100% production for very long. It wants to boost production in order to increase revenue.

Note that the full question is:

Assume Baldwin is producing 920 units of Bolt next year from 1,500 produced this year, which is at 100%. What would Bolt's plant utilization be?

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Match the description of each cluster to the cluster name.

Answers

The correct matching of the cluster to its cluster name is given below:

Education and Training- Career for those that enjoy teaching others and are good at explaining conceptsBusiness, Management, and Administration- Any career important to the operation of a businessGovernment and Public Administration- Any career in which the government is the employerArchitecture and Construction- Careers that relate to designing and making buildings.

This is because, the different clusters all contain a career focus, and this ranges between Education, Business, Government and Public Administration and then Architecture and Construction, and they have been correctly matched above.

What is a Career?

This refers to the job that a person does full time and gets remunerated for it and receives a pension when he retires.

Hence, we can see that The correct matching of the cluster to its cluster name is given below:

Education and Training- Career for those that enjoy teaching others and are good at explaining conceptsBusiness, Management, and Administration- Any career important to the operation of a businessGovernment and Public Administration- Any career in which the government is the employerArchitecture and Construction- Careers that relate to designing and making buildings.

This is because, the different clusters all contain a career focus, and this ranges between Education, Business, Government and Public Administration and then Architecture and Construction, and they have been correctly matched above.

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______ source is any proprietary software licensed under exclusive legal right of the copyright holder.

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Closed Source is any proprietary software licensed under exclusive legal right of the copyright holder.

What is Closed Source ?

Software with a closed source is one for which the source code is not publicly accessible. It is created and made available to the user as a series of fully built, executable files. After a user makes a purchase, the developer frequently offers assistance to make sure the software performs as planned. The user is unable to modify the software since they are not given access to the source code.

Although it occasionally is offered for free, closed source software is often sold to end users. It's important to note that when buying software, the buyer buys a license to utilize it rather than the actual product.

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In+a+10-year+period,+your+investment+of+$250+grows+to+$2,500.+what+is+the+growth+rate+of+your+earnings?
a. 28.32%
b. 25.89%
c. 22.22%
d. 31.18%

Answers

Time (n) equals ten years.

Value today is $250.

Future worth is $2500.

Solution:-

(Future value / Present value) Equals Growth rate 1/n - 1

= ($2500/$250)1/10 - 1

= (10)1/10 - 1

= 1.2589 - 1 = 0.2589 or 25.89%

What is investment?

Investment is the commitment of a resource to a long-term increase in value. Investment necessitates the loss of a current resource, such as time, money, or effort.In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates.Riskier investments typically provide better returns, according to investors. Investments with low risk typically have low returns as well. Similar to high risk, significant gains are possible. Diversifying your portfolio is a common piece of advice for investors, especially newcomers. Statistics show that diversification lowers total risk.

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2. to what degree do you think managers in the nail salon industry would be able to improve conditions voluntarily if they wishe and why do you think so?

Answers

The working circumstances of manicurists are crucial, yet people still find time to attend nail salons and enjoy a nice service.

Patience with clients getting manicures. Nail salon is an art that requires considerable attention, and if the services are pleasant for the clientele, the nail salon will be very successful. The owners and operators of nail salons would be allowed to voluntarily improve circumstances if they so want by making the necessary adjustments.

• A skilled nail technician has the perseverance to focus on the small details while working carefully.

• Dedication towards clients for a perfecting nail art.

• Creativity in the styling and design of nails for clients.

• Awareness of the most recent nail trends.

• Exceptional client customer service.

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Your stakeholders are concerned about who was involved in providing you with feedback about your methods. which type of objection are they making to your presentation?

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When a stakeholder has involved approximately the supply of your comments, they're making an objection approximately analysis. this is when someone objects to the techniques you operate or the remarks you accumulate for your presentation.

A stakeholder can be a wide kind of human beings impacted or invested in the project. for instance, a stakeholder may be the proprietor or maybe the shareholder. but stakeholders can also be personnel, bondholders, clients, suppliers and providers. A shareholder may be a stakeholder.

The global popular offering steering on social duty, known as ISO 26000, defines a stakeholder as an "individual or group that has an interest in any choice or activity of an employer."

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What are the two basic ways for a business to increase profit? choose 2 answers.

Answers

selling more to existing profitable customers and finding similar customers to sell to

An individual or business that purchases goods or services from another company is known as a customer. Customers are crucial to businesses because they generate income; without them, they would cease to exist. All organisations compete with one another to draw clients, whether through aggressive product promotion, price reductions to increase clientele, or the creation of distinctive goods and experiences that clients adore.Because satisfied consumers are more inclined to recommend businesses that meet or surpass their expectations, the proverb "the customer is always right" is one that is frequently upheld by businesses. As a result, many businesses keep a careful eye on their customer interactions in order to get input on how to enhance their product offerings.

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On august 1 of year 1 presco enterprises paid $1,200 cash for an insurance policy that would provide protection for a one year term. The company’s fiscal closing date is december 31. Based on this information, the amount of insurance expense appearing on the year 1 income statement would be.

Answers

On august 1 of year 1 presco enterprises paid $1,200 cash for an insurance policy that would provide protection for a one year term. The company’s fiscal closing date is december 31. Based on this information, the amount of insurance expense appearing on the year 1 income statement would be zero.

When an expense is recorded at the identical time it's got with cash, the cash (asset) account declines, while the quantity of the expense reduces the retained earnings account. Thus, there are offsetting declines within the asset and equity sections of the record.

Paying cash to buy supplies is an asset exchange transaction. Total assets aren't affected. The asset insurance account (cash) and therefore the liability account (unearned revenue) increase. The revenue recognition is deferred until the services are literally performed.

Unearned revenue may be a liability account that appears on the record. Collecting cash for services to be provided within the future is an asset source transaction.

The asset account (cash) and therefore the liability account (unearned revenue) increase. The operating insurance statement isn't affected. A cash inflow from operating activities would be shown on the statement of money flows.

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Corporate managers are expected to make corporate decisions that are in the best interest of:________

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Corporate managers are expected to make corporate decisions that are in the best interest of stakeholders.

What are stakeholders?A stakeholder is either an individual, group or organization that’s impacted by the outcome of a project or a business venture. Stakeholders have an interest in the success of the project and can be within or outside the organization that’s sponsoring the project. Stakeholders are important because they can have a positive or negative influence on the project with their decisions. There are also critical or key stakeholders, whose support is needed for the project to exist.A stakeholder is a person, like any other member of the project, and some are easier to manage than others.

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At an annual interest rate of 14 percent, about how many years will it take $100 to double in value?

Answers

At an annual interest rate of 14 percent, about 5 years it take $100 to double in value.

In finance and economics, interest is charge from a borrower or deposit-taking economic institution to a lender or depositor of an amount above reimbursement of the major sum, at a particular fee. it's far wonderful from a rate which the borrower can also pay the lender or a few 0.33 birthday celebration.

Interest is the price you pay to borrow money or the cost you fee to lend money. interest is most often meditated as an annual percentage of the quantity of a mortgage. This percent is known as the interest charge at the loan.

Interest is described as the quantity of money paid for the usage of a person else's money. An example of hobby is the $20 that turned into earned this year to your financial savings account. An instance of interest is the $2000 you paid in hobby this 12 months on your private home loan.

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Your friend tammy just got a part-time job so she can afford to attend a school trip abroad later this school year. Tammy gets a paycheck on the 1st of every month, and a cash payment is due to the international club advisor by the 3rd of every month with no exceptions. More than one late payment results in being removed from the trip. What recommendation do you have for tammy?.

Answers

The recommendation for Tammy should be 'sign up for direct deposit with her employer so that the money is already in her account the morning of the 1st'.

Direct deposit allows the employer to send money to the bank account of his employees directly. Such a method is reliable as it takes less time and less work. Other methods, such as checks, require time as well as trips to the bank in order to get the check approved.

If Tammy uses a direct deposit method, then she can receive her pay 1st itself. In this way, she will have two more days to submit her payment to the international club advisor. Also, she wouldn't have to take up any leave for walking to the bank and getting into time-taking procedures at the bank.

Although a part of your question is missing, you might be referring to this question:

Your friend tammy just got a part-time job so she can afford to attend a school trip abroad later this school year. Tammy gets a paycheck on the 1st of every month, and a cash payment is due to the international club advisor by the 3rd of every month with no exceptions. More than one late payment results in being removed from the trip. What recommendation do you have for tammy?

a. Sign up for direct deposit with her employer so that the money is already in her account the morning of the 1st

b. Use her 15-minute break during work on the 1st of each month to run to the check cashing business; hopefully she doesn't get delayed by long lines and return to work late, which will anger her boss

c. Deposit the check through her mobile app on the 1st of the month and do a cash withdrawal from the ATM each month on the 2nd; hopefully the check clears in time to avoid fees

d. Sign up for overdraft protection, withdraw the money from an ATM regardless of whether the funds are there in time, and just pay the $35 overdraft fee

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There is an upside to linking the s&op process with supply chain partners. For one thing, __________ can help firms do a better job of improving overall supply chain performance, particularly in the area of cost.

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There is an upside to linking the s&op process with supply chain partners. For one thing by coordinating plans across the supply chain, companies can improve overall supply chain performance.

Do you understand what the supply chain is?

The supply chain includes all activities that lead to the delivery of products and services to end users. It starts with the selection of raw materials for production, the determination of raw material suppliers, the manufacturing process, the packaging of the product, the selection of distribution challenges, and finally the delivery of the product to the end user.Everything from inception to delivery. All people, organizations, processes, activities, and resources that serve the stage become part of the organization's supply chain.

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What is a plan that details how a company creates, delivers, and generates revenues?

Answers

A business model describes how a corporation produces, delivers, and generates income.

In economic, social, cultural, or other contexts, a business model explains how it develops, delivers, and captures value. Business model innovation is another name for the process of creating and changing a business model, and it is a component of business strategy.

The term "business model" is used in both theory and practice to refer to a wide range of informal and formal descriptions that characterize the fundamental elements of an organization or business, such as its mission, its core processes, its target clients, its offerings, its strategies, its organizational structures, its sourcing methods, its trading practices, and its operational processes and policies, including its culture.

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Lili has saved $2,500 money from her part time job at a bakery. Since she will not need this money for a few years, she decides to put the money in a 3-year CD (Certificate of Deposit) at a local credit union. The credit union offers Lili 2.75% APR, compounded quarterly. How much will Lili’s CD be worth at the end of the 3 years?

Answers

The worth of Lilli's CD at the end of 3 years is $2,714.23.

What is the worth of the CD?

When an amount earns interest that is compounded quarterly, it means that both the amount invested and the interest accrued increases in value every quarter or once in four years.

The APR is an abbreviation for annual percentage rate. It is the amount that is earned in total every year. In order to determine the quarterly interest, divide the APR by 4.

Here is the formula that can be used to determine the value of the amount at the end of 3 years:

FV = P (1 + r)^nm

Where:

FV = Future value P = Present value R = interest rate = 2.75% / 4 = 0.6875%m = number of compounding = 4N = number of years = 3

2,500 x (1 + 0.006875)^(3 x 4)

2500 x (1.006875)^12 = $2,714.23

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Approximately what percentage of a reduction in errors did international air transport association have when thier employees working in cargo management obtaned instant access to clear and consistent working instructions for key tasks, such as accepting cargo as ready for air carriage?.

Answers

34% of a reduction in errors did international air transport association have when their employees working in cargo management obtained instant access to clear and consistent working instructions.

Transporting shipments, unloading cargo, picking, sorting, and storing are all included in the term "cargo management," which describes how these tasks are handled in logistical centres and warehouses. Those who organise, facilitate, expedite, and route the flow of incoming and departing shipments cargo and freight shipments in airlines and cargo agencies are known as cargo management officers. The cargo management officer makes sure that shipments of goods are kept and handled in accordance with Standard Operating Procedures (SOPs) and handling regulations. All shipment paperwork is prepared by the cargo management officer, who also handles stock control and housekeeping duties. Shipments are organised in accordance with cargo plans, thanks to the cargo management officer.

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Profit maximization fails to provide an appropriate goal for financial managers because.

Answers

Profit maximization fails to provide an appropriate goal for financial managers because it lacks a time dimension it ignores risk.

What is profit maximization?

Profit maximization is the primary intention of any business, and consequently it's also an goal of monetary management. In monetary control, it represents the procedure or the technique by which income incomes consistent with percentage (EPS) is improved.

It enables in attaining the gadgets to maximize the business operation for earnings maximization. The ultimate goal of any commercial enterprise is to earn a large quantity of go back in terms of earnings. for this reason, this goal of financial control considers all the viable approaches to boom the profitability of the enterprise situation.

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An internal corporate-wide area network that uses internet technology to connect computers and link employees in many locations and with different types of computers is known as what?.

Answers

An internal corporate-wide area network that uses internet technology to connect computers and link employees in many locations and with different types of computers is known as Intranet.

A company's employees utilize an intranet, which is a private computer network, for communication, teamwork, operational systems, and other computing services.

Business intranets foster internal communication. Access to important information, tools, links, forms, and databases of company records is made simple for employees. A database containing all the usernames of employees with network access credentials is routinely used to maintain intranet security.

Some potential benefits of adopting an intranet include the following:

Enhanced internal communication, collaboration, and information sharing; simpler recordkeeping; more effective request tracking. The location where fresh ideas can be tried before being added to a firm website. An improved workplace culture that prioritizes and fosters involvement. A profitable return on investment as a result of lower implementation and maintenance expenses.

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What are the strategically relevant components of the u. S. And global craft beer industry macro-environment?.

Answers

The strategically relevant components of the U.S. and global craft beer industry macro environment are political, cultural, and economic factors.

What are the strategically relevant components of the U.S. and global craft beer industry macro environment?

The relevant macro environment components include political, cultural, and economic factors. The industry is subjected to political factors like laws and regulations enquiring about the quantity, packaging, and distribution of craft beers.

There are cultural factors that affect the U.S. as well as the international craft beer industry. Economic factors affect the beer industry through determining the demand and price point.

In nations that are already developed, Craft beer is consumed more as consumers in these regions can manage to pay for it at the higher price.

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Profit maximization fails to provide an appropriate goal for financial managers because.

Answers

Profit maximization fails to provide an appropriate goal for financial managers because It allows in achieving the objects to maximize the business operation for profit maximization. The ultimate goal of any enterprise is to earn a large amount of go back in phrases of income. as a result, this goal of financial management considers all of the viable ways to increase the profitability of the enterprise concern.

Profit maximization is the primary purpose of any business, and therefore it's also an goal of financial control. In monetary management, it represents the manner or the method by using which income incomes in keeping with percentage (EPS) is extended.

Even as profit maximization in monetary control has the potential to bring in extra money within a brief-time period, lengthy-time period incomes may be notably dwindled. Reducing production high quality for the sake of improved income will harm your brand, disappoint clients, and allow competitors to thieve your enterprise.

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If+you+sell+this+bond+in+exactly+one+year,+having+paid+$,+and+received+exactly+one+coupon+payment,+what+is+your+total+return+if+competing+yields+are+%?

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If you sell this bond in exactly one​ year, having paid ​$1,000​, and received exactly one coupon​ payment, what is your total return if competing yields are 12​%?

Your total return is -6.70%

In the world of finance, a bond is a kind of security where the issuer (debtor) owes the holder (creditor) a debt and is required, depending on the terms, to repay the principal (i.e., amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a certain amount of time.

Semiannually, annually, and less frequently at other times, the interest is typically due at set intervals. Consequently, a bond is a type of borrowing or IOU. Bonds give the borrower access to external capital for financing current expenses or, in the case of government bonds, long-term investments.

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