westco company issued 14-year bonds one year ago at a coupon rate of 7.9 percent. the bonds make semiannual payments and have a par value of $1,000. if the ytm on these bonds is 5.6 percent, what is the current price of the bond in dollars?
Answers
The current price of the bond is $975.76.
The Current Price of the Bond in Dollars can be Calculated using the Formula:Price = (Coupon Payment / YTM / 2) * (1 - (1 + YTM / 2)^-Number of Payments) + (Par Value / (1 + YTM / 2)^Number of Payments)
Where:
Coupon Payment = Coupon Rate * Par Value / 2
Number of Payments = Number of Years * 2
For this bond:
Coupon Payment = 7.9% * $1,000 / 2 = $39.50
Number of Payments = 14 * 2 = 28
YTM = 5.6%
So, the price of the bond is:
Price = ($39.50 / (0.056 / 2)) * (1 - (1 + 0.056 / 2)^-28) + ($1,000 / (1 + 0.056 / 2)^28) = $975.76
Therefore, the current price of the bond is $975.76.
You can learn more about price of the bond in dollars at
https://brainly.com/question/26382622
#SPJ4
Related Questions
Question what is the breakeven sales revenue in usd when fixed costs are $80,000 and contribution margin is $30,000?
Answers
Answer:50,00
Explanation:
a vision for a business
Answers
A business vision is your desired future state for your company. It will be in line with your company's objectives and aspirations. Your business vision is the formal way of communicating to others your company's goals and commitments.
A business vision statement's purpose is to: Define what the business does and why it is important to inspire and create a sense of optimism about the business's future.
When creating your business vision statement, keep the following in mind: The business why—what is the business's purpose? What is the significance of the business? Who believes the business is significant? What does the business provide—what products or services does the business offer?
Learn more about vision, here:
https://brainly.com/question/31539579
#SPJ1
Demarco just graduated from Texas University and had been snatched up by Xeon Natural Resources Incorporated, one of the top natural resource extraction companies in the world. Because he was Brazilian, bilingual, and spoke several specific Brazilian dialects, his stationing in Brazil was a no-brainer. Xeon was deeply involved with a project within the Brazilian rain forests in mining an extremely valuable element called niobium. Niobium is a rare earth element essential for micro-alloying steel as well as other products such as jet engines, rocket subassemblies, superconducting magnets, and superalloys. Brazil accounts for 92 percent of all niobium mined, and Xeon Natural mines much of the element in Brazil. Xeon discovered a large niobium deposit and estimates the corporation could make an additional $5 billion in profits over the next two decades.
Demarco soon discovered he was one of several employees assigned to explain to the indigenous population that Xeon wanted to extract the niobium from the lands given to the tribes by the Brazilian government. The land was, by decree, compensation for native minorities. Having spent several months with various tribes, Demarco learned they were communities that had
not been altered by Western culture. It was obvious to Demarco if Xeon began strip mining the area, thousands of "outsiders" would be brought in and would impact the
cultural heritage of the indigenous populations. DeMarco discussed this with his boss, Barbara. "Yes, I understand all you are saying, and I agree this will change their lives as well as their children and grandchildren’s lives," Barbara said. "But think of it this way, their standard of living will be greatly enhanced. Schools will be built, hospitals will be available, and there will be more employment opportunities.
DeMarco responded, "While the tribal leaders want
a better life for their people, I feel they are being steam-rolled into accepting something they don’t understand. I’ve talked to some of the tribal leaders, and I am positive they have no idea of the impact this will have on their culture. We have many stakeholders involved in
this decision, including Xeon’s employees, the tribes, the Brazilian government, and even communities beyond the tribal lands. I think we need to reevaluate the impact on all of these stakeholders before proceeding. "Barbara sighed. "I think you make some good points, and I am concerned about these different stakeholders. But you should understand we already have buy-in from the key decision-makers, and our business depends upon being able to mine niobium. We’ve got to continue this project.
"DeMarco returned to the camp. The other specialists questioned him about Barbara’s reaction. As he spoke, some of the specialists became concerned about their jobs.
A few admitted they heard the local and national media were raising awareness about the negative impact mining this mineral could have on the indigenous populations. A few days later, Demarco heard that some of the tribal leaders had new concerns about the project and were organizing meetings to obtain feedback from members. Demarco approached one of the mining specialists who studied the potential impact of strip mining the land. The specialist said that while he understood stakeholder interests, he felt the extraction methods Xeon
used were environmentally friendly. While creating a temporary disruption in the ecosystem of the rainforest, Xeon’s strip-mining methods provided an opportunity for restoration. In fact, strip mining that was done in the United States before there were any regulations provides a good example of how the forest can recover and grow back to its original condition.
DeMarco knew despite the potential benefits, there would still likely be opposition from the tribal community. Additionally, no method of strip mining is entirely environmentally friendly. Demarco realized even with restoration; the lives of the indigenous tribes would be forever altered. DeMarco was to meet with tribal elders the next day to discuss their concerns. He understood that whatever
the decision, it would negatively impact some stakeholders. On the one hand, the tribal members might compromise their traditional way of life and the environment would be harmed if the strip-mining project began. On the other hand, Xeon’s future and the future of its employees depended upon being able to mine the niobium. It could also benefit the tribes economically. He was not sure what he should tell the tribal leaders
Question 100 words
What should be the priorities in balancing the various stakeholder interests?
Answers
When it comes to balancing stakeholder interests, the first thing that should be prioritized is the potential impact that the proposed decision or action may have on each of the stakeholders involved. It is crucial to identify who the stakeholders are and what their interests, needs, and concerns are.
After identifying stakeholders, their interests should be evaluated and the importance of their interests should be prioritized. If any action or decision would bring significant harm to any stakeholder, it should be reconsidered and alternative solutions should be evaluated.In this specific scenario, the priorities in balancing the various stakeholder interests would be to prioritize the interests of the indigenous populations, which include preserving their cultural heritage, preserving their way of life, and safeguarding their environment.
While mining niobium could bring economic benefits to the tribal members, it is essential to understand that this decision could be a serious threat to the future of their culture and way of life. Thus, the proposed decision should be reconsidered, and alternatives should be evaluated, which do not negatively affect the lives and culture of the indigenous population.
To know more about stakeholder visit:
https://brainly.com/question/30241824
#SPJ11
When reconciling or balancing your checking account, which of the following correctly describes the math?
A) add withdrawals and fees, subtract deposits
B) add deposits, subtract withdrawals and fees
Answers
Answer:
B) add deposits, subtract withdrawals and fees
Explanation:
A checking account is a deposit and saving account held in a financial institution, mostly a bank. The user or owner of the checking account is allowed to deposit and withdraw money as frequently as they deem necessary without incurring access fees.
Money held in a checking account is accessible using different ways, including debit cards, ATMs, and over the counter. When reconciling a checking account, one needs to subtract the sum of "money out" from "money in. "
"Money in" comprises mostly of deposits. "Money out" is the total of withdraws plus other bank charges levied to the account.
The Royal Bafokeng Nation (RBN) has been highly praised as an example of how ethnicity can be mobilized for economic benefits. Despite corporate success, there are still a number of problems that RBN faces. What is one of these issues
Answers
Firms often encounter problems at times. Some of the issues faced by RBN are;
The Issues Faced by RBN are;
Majority of the Bafokeng do not possess electricity.The Bafokeng is known to have a high rate of unemployment rate.The Issues not Faced by RBN are;
The Bafokeng often used their ethnicity to make money.All Bafokeng does have their own shares in RBN.How does ethnicity affect the economy?There are a lot of different ethnic groups in countries. Ethnic diversity, is known to have some negative impact on economic growth such as higher rate of net fertility in the area is used as Human Capital.
Learn more about ethnicity from
https://brainly.com/question/730442
Identify the correct statement about the PPP theory.
A) It predicts that exchange rates are determined by relative prices.
B) It yields accurate predictions of short-run movements in exchange rates.
C) It best predicts exchange rate changes for countries with low rates of inflation.
D) It includes transportation costs and trade tariffs.
Answers
The correct statement about the Purchasing Power Parity (PPP) theory is option A) It predicts that exchange rates are determined by relative prices.
There are several types of prices commonly used in business and economics.
1. Market Price: The price determined by the interaction of supply and demand in a competitive market.
2. Cost-based Price: The price set based on the production or manufacturing costs, including materials, labor, and overhead expenses, with a desired profit margin added.
3. Dynamic Pricing: The price that changes based on factors like demand, time, or customer segment.
4. Penetration Price: Setting a low initial price to enter a market and gain market share.
Learn more about prices here;
https://brainly.com/question/28545241
#SPJ11
i failed on edg course bc of yall
Answers
Being a former teacher, Marie wanted to start her own business that is related to education. She is fond
of technology and wanted a business that is aligned with making learning enjoyable with the use of
technology. She is firm with following nonnegotiables for her business:
1. She wanted full control of her business so she could decide and run it without consulting
anyone.
2. She likes to explore the range of services which includes an app that will revolutionize the
learning process through online activities and
3. She wanted it to be easy, convenient and cost-efficient.
However, the following are her predicaments:
1. Lack of experience as she is not a graduate of a management or business degree.
2. Lack of capital as she already invested the majority of her savings in the development of the
app by commissioning a third party to do it.
3. Lack of staff to do other tasks like marketing, developing the improvements of the app, etc.
She is now thinking how to start her business given non non-negotiables and her difficulties.
1. Given her non-negotiables and her situation, what form of business should she engage in?
Explain the advantages and disadvantages of choosing the form of business.
2. Develop an organizational structure that will help her business be more structured given the
nature of her busines
Answers
Personal liability protection, business security and continuity, and easier access to financing are benefits of forming a corporation. A corporation has drawbacks such as being time-consuming and being vulnerable to double taxation.
What is double taxation?
A tax principle known as "double taxation" refers to paying income taxes twice on the same source of income. When income is subject to both corporate and individual taxes, it may happen.
When the same income is taxed in two different nations for the same investment or transaction, this is known as double taxation. Double taxation is frequently an unforeseen result of tax law.
Tax authorities try to avoid it whenever feasible because it is typically viewed as a negative component of a tax system.
Most tax systems make an effort to establish an integrated system where money earned by a company and paid out as dividends and income earned directly by a person is, using different tax rates and tax credits.
Learn more about double taxation, here
https://brainly.com/question/29347842
#SPJ1
Answer:
D on edge
Explanation:
I think
What is the importance of the triple constraints / the scope triangle?.
Answers
The triple constraints, also known as the scope triangle, are an essential concept in project management.
The triple constraints refer to three key elements that impact any project: time, cost, and scope. These elements are interdependent, and any change in one will impact the others. The scope triangle is often used to illustrate this concept, with each element represented at a corner of the triangle. The triangle is constrained, meaning that any adjustment to one corner will require a corresponding adjustment to the other two corners.
The importance of the triple constraints lies in their ability to help project managers plan, execute, and control projects effectively. By understanding the interdependent relationship between time, cost, and scope, project managers can make informed decisions about how to allocate resources, manage risks, and handle unexpected changes. For example, if a project is behind schedule, the project manager may need to adjust the scope or increase the cost in order to catch up. Similarly, if the scope of a project changes, the project manager may need to adjust the time or cost in order to maintain the overall balance of the project. Without an understanding of the triple constraints, project managers may find themselves in a situation where they are unable to meet project goals or deliverables. For instance, if a project is delayed due to unforeseen circumstances, the project manager may need to increase the budget to hire additional resources or extend the timeline. However, if the project manager has not factored in the triple constraints, they may not have the flexibility to adjust the project plan in response to changing circumstances. In summary, the triple constraints / scope triangle are an essential concept in project management. They help project managers understand the interdependent relationship between time, cost, and scope, and make informed decisions about how to allocate resources and manage risks. By taking these factors into account, project managers can increase the chances of delivering successful projects that meet stakeholder expectations.
To know more about project management visit:
https://brainly.com/question/15404120
#SPJ11
chose 10 items to take to a deserted island remember you need shelter there is food on the island and you also may need a fire source........yw have fun
Answers
Answer:
a big tent. my friends. a hamic. wepons. a boat. my phone. portabal charger. and my parents
Explanation
Answer:
Box of Matches
Tent
Canteen
Knife
Blanket
Pot
Bug Spray
Cloths
Flashlight
Journal w/ pencil
Explanation:
These are neccasary for survival !
Womack Toy Company’s stock is currently trading at $25 per share. The stock’s dividend is projected to increase at a constant rate of 7 percent per year. The required rate of return on the stock, ks, is 10 percent. What is the expected price of the stock 4 years from today?
Answers
Answer: $32.77
Explanation:
Given the following :
Current price of stock = $25
Growth rate of Dividend per annum= 7%
Required return on stock = 10%
Period = 4 years
Expected price of stock after 4 years can be calculated using the relation :
Current price × ( 1 + growth rate)^period
Expected price = $25(1 + 7%)^4
Expected price :
$25 × ( 1+ 0.07)^4 = $25 × (1.07)^4
= $25 × 1.31079601
= $32.76990025 = $32.77
An insurance that you pay if your down payment is less than 20 percent of the total cost of the house _____.
a. an ARM
b. an escrow account
c. PMI
d. a balloon loan
Answers
Answer:
Hello There!!
Explanation:
I think the answer is c.PMI because that is the only option which best fits into the sentence.
hope this helps,have a great day!!
~Pinky~
\(\huge{\textbf{\textsf{{\color{navy}{An}}{\purple{sw}}{\pink{er}} {\color{pink}{:}}}}}\)
C. PMI
ThanksHope it helpsWhat is the journal entry for “bought good for cash from m/s rupa traders”
Answers
Answer:
see below
Explanation:
The action of buying goods from r/s rupa increase inventory/purchases ( asset account) and reduces cash( asset) in the business.
An increase in assets account is debited, while a decrease is credited. The journal entry will be
Purchases a/c Dr
Cash a/c Cr
please help due in an hour
Answers
The very first reason I would say is because it doesn’t specify how big of a diamond meaning the value could range from $100 to $100,000,000
The second reason is water is free in a sense you could get five empty bottles you find laying around and then go to a creek and fill them up with water. (You could get so much more for a diamond than a few bottles of water)
The last reason ( that goes along with the first two) is because it’s unique diamonds are hard to come across but water in the other hand is found almost every wear in fact it covers about 71% of earth.
The Government of Country Y owns and controls many businesses. "The public sector always produces goods and services more efficiently than privately owned businesses', a Government minister recently said. Other ministers disagree and want to privatize many state-owned businesses. The private sector businesses in Country Y produce 55 per cent of total output - mainly in services such as transport, tourism and finance. The secondary sector of industry produces 35 per cent of total output.
Answers
Answer:
what do i have to answer?
Explanation:
Deanna purchased $24,000 worth of stock and paid her broker a 1% broker fee. She sold the stock when it increased to $29,100 three years later and used a discount broker who charged $35 per trade. Compute her net proceeds after the broker fees were taken out
Answers
Answer:
Here:
Explanation:
Purchase price of shares = 24000
total purchase cost = price of shares bought + broker fees total purchase cost = 24000 + 0.01*24000 =24240
selling price of shares = 29100
total selling cost = price of shares sold - broker fees total selling cost = 29100 - 35 = 29065
Net proceeeds = total selling cost - total purchase cost Net proceeds = 29065 - 24240 = 4825
Team players are sought-after employees
True
False
Answers
Answer:
true,
Explanation:
When a firm purchases supplies for use in its business, and the cost of the supplies purchased is recorded as an asset, the following adjustment to recognize the cost of supplies used will probably be required No adjustment will probably be required. Dr. Supplies C. Supplies expense De Supplies Ct Accounts payable De Supplies expense C. Supplies
Answers
When a firm purchases supplies for use in its business, and the cost of the supplies purchased is recorded as an asset, the adjustment to recognize the cost of supplies used will probably be required: Dr Supplies Cr. Supplies expense. The correct option is B.
When a firm purchases supplies for use in its business, the cost of the supplies purchased is recorded as an asset. It is because these supplies will be used by the business in the future. Supplies are assets until they are used in the business. When they are used, the cost of the supplies is recognized as an expense.
Therefore, to recognize the cost of supplies used, an adjusting entry is required.
To know more about asset, refer here:
https://brainly.com/question/16983188#
#SPJ11
Complete question:
When a firm purchases supplies for use in its business, and the cost of the supplies purchased is recorded as an asset, the following adjustment to recognize the cost of supplies used will probably be required
A. No adjustment will probably be required.
B. Dr Supplies Cr. Supplies expense
C. Dr Supplies Cr Accounts payable
D. Dr Supplies expense Cr Supplies
Imagine you have decided to buy a movie ticket for $15. Which of the
following best describes the opportunity cost of your decision?
Answers
Explanation:
What is the interest owed on a loan of $100 at 10% for 3 months?
Answers
Answer:
$2.50
Explanation:
The information is somewhat incomplete. It does not state whether simple or compound interest which could make a difference
I am assuming simple interest
The formula for simple interest is
I = Prt
where I is interest
P is amount of loan
r is annual rate of interest expressed as a decimal
t = number of years
We are given
P = $100
r = 10$ = 10/100 = 0.10
t = 3 months = 3/12 year = 1/4 th of a year
I = 100 x 0.10 x 1/4 = $2.50
Refer to Exhibit 4-11. Suppose that the government imposes a price ceiling in the market for good ABC at a price of $4. The number of units that would be exchanged in the market for good ABC at the price ceiling would be _________ units.
Answers
Question Completion:
Exhibit 4-11
Price of Good ABC Quantity Demanded Quantity Supplied
$4 100 40
5 80 80
6 60 110
7 50 160
Options:
a. 20
b. 40
c. 100
d. 60
Answer:
The number of units that would be exchanged in the market for good ABC at the price ceiling would be _________ units.
b. 40
Explanation:
The suppliers of good ABC cannot sell above $4 since it is the price ceiling. A price ceiling is the opposite of a price floor. A price ceiling usually prevents the market of good ABC from reaching equilibrium as suppliers will be unwilling to supply more units of ABC.
An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Answers
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
For such more questions on international business:
brainly.com/question/14690606
#SPJ11
Franklin transferred 952 photos from his phone in 17 minutes. At what rate does his phone transfer photos?
Answers
Answer:
56 photos per minute
Explanation:
952 divided by 17 is 56
What are work-study programs? PLEASE HELP
A. Businesses where students earn college credit for working
B. Jobs that allow students to study at the workplace
C. Part-time on-campus jobs based on financial need
D. Career opportunities promised for immediately after graduation.
Answers
Answer:
C
Explanation:
The answer should be Part-time on-campus jobs based on financial need
Marina is a manager who has poor leader–member relations with her employees who perform unambiguous, easily understood tasks. She should use a task-oriented leadership style.
Answers
Answer:
False
Explanation:
Marina is a manager who has poor leader–member relations with her employees who perform unambiguous, easily understood tasks. She should use task-oriented leadership. Hence, the above statement is False.
What is the meaning of Manager?Whether an organization is a for-profit corporation, a government agency, or a nonprofit, management is the administration of that entity. It is both the science and the art of managing a company's resources.
In addition to assisting to establish key performance metrics and goals to advance the company, they serve as departmental leaders. A manager must also support employee growth and revise their approach to provide their team direction and clarity on what they are working on.
Informational, interpersonal, and decisional roles are the three main types of responsibilities that managers play. Business planning, decision-making, problem-solving, communication, delegation, and time management are just a few of the talents that make up management. A manager's abilities can make a difference. being able to listen rather than hear.
Learn more about the Manager here:
https://brainly.com/question/29023210
#SPJ2
You have commissioned a local survey to see what consumers are most interested in.
Survey Data
78% of survey participants desire a store that offers custom outdoor sports equipment.
9% of participants think an additional coffee shop is needed.
26% of participants say that they purchase coffee on a daily basis.
Based on the survey data, what can be concluded about the market for coffee shops in the area?
According to the survey data, which business likely has the least supply in this town?
Answers
Based on the survey data, what can be concluded about the market for coffee shops in the area?
Saturation has been reached.
According to the survey data, which business likely has the least supply in this town?
Shoe stores
Answer: Based on the survey data, which business will most likely see higher consumer demand? - THE SHOE HUT
Based on the survey data, what may occur if an additional coffee shop is opened? - EXCESS SUPPLY
Explanation: i did the assignment on edge
What are Advantages of having good Credit Score? Choose the best three that apply.
Saving on Insurance rate
Car loan Interest rate
Getting in to a Good College
Getting a Good Cell phone Plan
Answers
-saving on insurance
-car loan
-getting good cell phone plan
hellp! WILL GIVE 30 POINTS!!
Alexis and Damian are both taking a course on picking a career. They go to the same art club so they both know what they enjoy doing. Surprisingly, Alexis and Damian might find careers in the Architecture and Construction Career Cluster that allow them to express themselves through art. Create a list of possible jobs in this cluster that could use an artistic person and explain a task that each job does that the two students might particularly enjoy.
*Dont answer for points, cuz I've gotten scames so many times :/
Answers
Answer:
A few jobs that express how you feel through art are house remodeling because you can decorate with things that make you happy or that show how you feel, professional painter because you can paint how you feel, and a gardener because you make the garden look like something that expresses how you feel.
Explanation:
Hope this helps! Just make sure to edit it a little so that you don't get in trouble! :)
Which of the following statements concerning service guarantees is FALSE? A service guarantee is a mechanism to build customer loyalty. A service guarantee is a way to avoid compensating customers for a service failure. A service guarantee is a tool to clarify exactly what the service must provide. A service guarantee is a way to define a service and ensure satisfactory delivery to the customer.
Answers
Answer:
A service guarantee is a way to avoid compensating customers for a service failure.
Explanation:
Which type of market is the one in which a person buys stock in the fast-food company that makes their favorite breakfast sandwich?
Product market
Factor market
Financial market
Closed market
Answers
The type of market is the one in which a person buys stock in the fast-food company is Financial market. Thus 3rd option is correct.
What is Financial Market?Any location or system that gives buyers and sellers the ability to trade financial assets, such as bonds, shares, the various international currencies, and derivatives, is referred to as a financial market.
The connection between people with capital to invest and those who need capital is facilitated by financial markets.
The kind of market where a consumer purchases shares of the fast-food chain that sells their preferred breakfast sandwich is referred as financial market.
Thus 3rd option is correct.
Learn more about Financial market here:
https://brainly.com/question/13398755
#SPJ1
Answer: Financial market
Explanation: stocks