Answer:
Bond A, 5 years to maturity, semiannual coupons, 8%
Bond B, 10 years to maturity, annual coupon, 8%
Bond C, 15 years to maturity, semiannual coupon, 8%
a) market rate 8% semiannual
Bonds A and C will be worth $1,000 (par value)
price of bond B:
effective interest rate = 1.04² - 1 = 8.16%PV of face value = $1,000 / 1.04²⁰ = $456.39PV of coupon payments = $80 x 6.66192 (PV ordinary annuity factor, 8.16%, 10 periods) = $532.95market price = $989.34
b) price of bond A:
PV of face value = $1,000 / 1.025¹⁰ = $781.98
PV of coupon payments = $40 x 8.75206 (PV ordinary annuity factor, 2.5%, 10 periods) = $350.08
market price = $1,132.06
price of bond B:
effective interest rate = 1.025² - 1 = 5.0625%PV of face value = $1,000 / 1.025²⁰ = $610.27PV of coupon payments = $80 x 7.69817 (PV ordinary annuity factor, 5.0625%, 10 periods) = $615.85market price = $1,226.12
price of bond C:
PV of face value = $1,000 / 1.025³⁰ = $476.74
PV of coupon payments = $40 x 20.93029 (PV ordinary annuity factor, 2.5%, 30 periods) = $837.21
market price = $1,313.95
c) price of bond A:
PV of face value = $1,000 / 1.075¹⁰ = $485.19
PV of coupon payments = $40 x 6.86408 (PV ordinary annuity factor, 7.5%, 10 periods) = $274.56
market price = $759.75
price of bond B:
effective interest rate = 1.075² - 1 = 15.5625%PV of face value = $1,000 / 1.075²⁰ = $235.41PV of coupon payments = $80 x 4.91292 (PV ordinary annuity factor, 15.5625%, 10 periods) = $393.03market price = $628.44
price of bond C:
PV of face value = $1,000 / 1.075³⁰ = $114.22
PV of coupon payments = $40 x 11.81039 (PV ordinary annuity factor, 7.5%, 30 periods) = $472.42
market price = $586.64
d) If the market rate is lower than the coupon rate, then the bonds will sell at a premium. The longer the maturity date, the larger the variations in market price due to different interest rates. E.g. the 15 year bond is more affected than the 5 year bond.
a company hires trained researchers to go live in a growing community with an emerging economy. the researcher team's purpose is to study the community members in order to gain insights about how they live and what they desire. this is an example of .
This is an example of ethnographic research. Ethnographic research involves studying a group of people in their natural setting in order to understand their culture, behaviors, beliefs, and values. The purpose of ethnographic research is to gain insights about a community, group, or culture from an insider perspective.
In this case, the company is hiring trained researchers to live within a growing community with an emerging economy to study the community members in order to gain insights about how they live and what they desire. The researchers will likely observe and interact with the community members, conduct interviews, and participate in their daily activities in order to gain a comprehensive understanding of their way of life.
This type of research can provide valuable insights for businesses, organizations, and policymakers who want to understand the needs and desires of a particular group or community. Ethnographic research can also help to identify potential challenges and opportunities for businesses or organizations operating within a particular community or culture.
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Caterer agrees with Bride to cater Bride's wedding reception for $12 per plate. On the wedding day, Caterer calls Bride saying that some things have come up, and she will have to charge $16 a plate in order to do the catering. Bride agrees. Which is true
what are 2 things that could happen to disrupt customer loyalty life cycle???
Answer: salespeople and customers are essential for the success of business-to-business relationships, and research has shown that a change of the salesperson can severely harm financial performance.
Explanation: However, such interpersonal relationship disruptions may also have positive effects by encouraging vitalizing re explorations of the relationship.
suppose two portfolios have the same average return and the same standard deviation of returns, but aggie fund has a higher beta than raider fund. according to the sharpe measure, the performance of aggie fund a) is better than the performance of raider fund. b) is the same as the performance of raider fund. c) is poorer than the performance of raider fund. d) cannot be measured as there are no data on the alpha of the portfolio. e) none of the options
Suppose two portfolios have the same average return and the same standard deviation of returns, but Aggie Fund has a higher beta than Raider Fund. According to the Sharpe measure, the performance of Aggie Fund will be poorer than the performance of Raider Fund.
Sharpe's measure is a measure of risk-adjusted return on investment that compares an investment's return against its overall volatility. This adjusts for the possibility that a more volatile investment will produce higher returns over time, but at the cost of greater risk. The Sharpe Ratio, commonly known as the Sharpe Measure, was created by William Sharpe.William Sharpe created the Sharpe measure to help investors compare different types of investment portfolios based on their risks and returns. It adjusts for the risk that comes with greater volatility by calculating the excess return of an investment over a risk-free asset divided by the investment's standard deviation of return. The Sharpe Ratio is commonly used in finance to determine how well an investment performed in comparison to the market.Therefore, option c is correct in that Aggie Fund will be poorer than the performance of Raider Fund in performance.Learn more about Sharpe Ratio: http://brainly.com/question/23948730
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Which of the following statements about investing is FALSE?
Answer:
The answer is A
Explanation:
I did this question on an assignment a few days ago. But I don't know what way they are ordered, because there is no picture.
Staples pays George Nagovsky an annual salary of $37,200. Today, George's boss informs him that he will receive a $5,500 raise. What percent of George's old salary is the $5,500 raise? (Round to the nearest tenth percent.)
Answer:
the percentage is 14.79%
Explanation:
The computation of the percentage is shown below:
= Raise salary ÷ annual salary
= $5,500 ÷ $37,200
= 14.79%
Hence, the percentage is 14.79%
We simply applied the above formula so that the correct percentage could arrive
Some banks pay interest only on the minimum or smallest balance on deposit during an interest period. Helen Lamb had a balance of $783 in such an account on July 1. Annual interest is 2.7% compounded quarterly. She withdrew$170 on August 17 and deposited $200 on September 12. What was Helen’s minimum balance during the quarter?
Helen's minimum balance during the quarter was $613.
What is Minimum Balance in Account?According to the terms and conditions of the account agreement, a customer is required to keep the smallest amount of money in their account for a predetermined amount of time. This amount is known as the minimum balance in an account. Depending on the type of account and the bank's policies, the minimum balance can be set at a certain amount or it can change.
Plugging in the values, we get:
A = 783(1 + 0.027/4)^(4*(3/12))
A ≈ $791.13
So the balance at the end of the quarter, before the deposit, was about $791.13.
Next, we need to figure out the impact of the withdrawal and deposit:
August 17: Helen withdrew $170, leaving a balance of $783 - $170 = $613.
September 12: Helen deposited $200, bringing the balance to $613 + $200 = $813.
We can conclude that the minimum balance was $613 because the balance on July 1 was higher than the estimated balance at the end of the quarter, which was $791.13.
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If a bond is trading at a premium, what is the relationship between the bond's coupon rate, current yield and yield to maturity?
Bonds acquired at premiums often have lower yields to maturity than bonds purchased at market rates. This is further explained below.
What is a bond?Generally, Bonds are financial securities that reflect loans made to the issuer by the bondholders themselves. When it comes to borrowing money, governments (at all levels) and companies (of all sizes) often turn to bonds.
In conclusion, If you buy a bond at a discount, the yield to maturity will be lower than its coupon rate.
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On January 15, the end of the first biweekly pay period of the year, North Company's payroll register showed that its employees earned $26,000 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $2,500 of federal income taxes, $648 of medical insurance deductions, and $170 of union dues. No employee earned more than $7,000 in this first period. Prepare the journal entry to record North Company's January 15 (employee) payroll expenses and liabilities Answer is not complete. Date Jan 15 No General Journal Debit Credit Sales salaries expense FICA-Social sec. taxes payable FICA-Medicare taxes payable Income taxes expense Employee life insurance payable 26,00 17 Employee union dues payable Salaries payable
Answer:
Explanation:
Debit :
Sales salaries payable $26,000
Credit :
FICA- Social security taxes payable: 1,612
FICA- Medicare taxes payable: 377
Federal income taxes payable: 2,500
Employment medical insurance payable: 648
Employee union dues payable: 170
Salaries Payable: 20,693
Social security taxes = 26,000 x 6.2%
Medicare taxes = 26,000 x 1.45%
Answer:
January 15:
Dr. Sales salaries expense: 26,000
Cr. FICA- Social security taxes payable: 1,690
Cr. FICA- Medicare taxes payable: 406
Cr. federal income taxes payable: 2500
Cr. Employment medical insurance payable: 648
Cr. Employee union dues payable: 170
Cr. Salaries Payable: 20,586
Explanation:
January 15.
Dr. Sales salaries expense: 26,000
Cr. FICA- Social security taxes payable: 1,690
Cr. FICA- Medicare taxes payable: 406
Cr. federal income taxes payable: 2500
Cr. Employment medical insurance payable: 648
Cr. Employee union dues payable: 170
Cr. Salaries Payable: 20,586
WORKING :
FICA - Social security tax = 0.065 × 26000 = $1690
FICA- Medicare taxes payable: 0.0145×26000 = 377
Coronado Corporation had the following selected transactions in the month of March. The company adjusts its accounts monthly. 1. The company has a 6\%, $9,000 bank loan payable due in one year. Interest is payable on the first day of each following month and was last paid on March 1. 2. At the end of March, the company earned $240 interest on its investments. The bank deposited this amount in Coronado's cash account on April 1. 3. Coronado has five employees who each earn $190 a day. Salaries are normally paid on Mondays for work completed Monday through Friday of the previous week. Salaries were last paid on Monday, March 29 . March 31 falls on a Wednesday this year. Salaries will be paid next on Monday, April 5. 4. At the end of March, the company owed the utility company $590 and the telephone company $180 for services received during the month. These bills were paid on April 10. (Hint: Use the Utilities Expense account for the utility and telephone services.) 5. At the end of March, Coronado has earned service revenue of $3,030 that it has not yet billed. It bills its clients for this amount on April 4. On April 30, it collects $1,840 of this amount due. (a) For each of the above situations, prepare the adjusting journal entry required at March 31. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round all amounts to the nearest dollar. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)
Coronado Corporation had the following selected transactions in the month of March. The company adjusts its accounts monthly.1. The company has a 6\%, $9,000 bank loan payable due in one year. Interest is payable on the first day of each following month and was last paid on March
1.Adjusting entry at the end of March 31: Interest Expense: = $45 ($9,000 * 6% * 2/12)Interest Payable: = $45 ($9,000 * 6% * 1/12)2. At the end of March, the company earned $240 interest on its investments. The bank deposited this amount in Coronado's cash account on April 1.No adjustment is required at March 31 because it is cash received in April.3. Coronado has five employees who each earn $190 a day. Salaries are normally paid on Mondays for work completed Monday through Friday of the previous week. Salaries were last paid on Monday, March 29 . March 31 falls on a Wednesday this year. Salaries will be paid next on Monday, April 5.Adjusting entry at the end of March 31: Salaries Expense: = $570 ($190 * 3 days)Salaries Payable: = $5704. At the end of March, the company owed the utility company $590 and the telephone company $180 for services received during the month.
These bills were paid on April 10. (Hint: Use the Utilities Expense account for the utility and telephone services.)Adjusting entry at the end of March 31:Utilities Expense: = $590Telephone Expense: = $180Utilities Payable: = $590Telephone Payable: = $1805. At the end of March, Coronado has earned service revenue of $3,030 that it has not yet billed. It bills its clients for this amount on April 4. On April 30, it collects $1,840 of this amount due.Adjusting entry at the end of March 31:Accounts Receivable: = $3,030Service Revenue: = $3,030No adjusting entry is required on April 30 because it is cash received in April.
Thus, it does not affect the March 31 adjusting entry. The journal entries required for the above transactions are as follows: Particulars Debit Credit Interest Expense$45Interest Payable$45Salaries Expense$570Salaries Payable$570Utilities Expense$590Utilities Payable$590Telephone Expense$180Telephone Payable$180Service Revenue$3,030Accounts Receivable$3,030
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A company creates an identity for a product through its logo,
packaging and promotions. Customers like the product and
remember their good feelings every time they see something
about the product. They continue to buy the product and also tell
their friends about it, which increases sales. What is this an
example of?
Answer:
branding or brand mark would be my answer
The real gdp of country a grew by only 1% from 2016 to 2018 while the real gdp of country b grew by 5% during that same time span. Based on the data, what can we say definitely about the two countries?.
If each country's economy grows in this way, Country B will eventually have a higher real GDP than Country A.
The market value of all the finished goods and services that nations produce and sell in a given time period is measured in dollars by their gross domestic product (GDP). This measurement is frequently revised before being regarded as a reliable indicator due to its subjective and complicated nature. The gross domestic product (GDP) of a nation is a monetary indicator of the final goods and services—those purchased by the consumer—that were produced over a specific time period. It records all production that takes place within a nation's boundaries. We are aware that the GDP is the monetary value of all finished goods and services produced in an economy. Let's take Country B as an example, which only produces backrubs and bananas.
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do females like when being proposed? or which way? to make it official.
Answer:
yes few like few not .
sometimes it's even worst
in your own words, why do you think it is important to write a cover letter?
PLEADF IM SO DESPERATE
Answer:
no not really
Explanation:
but in most cases they are important
What things receive a Priority Level B?
Answer:
How to prioritize your tasks (and your time)
Capture everything on a Master List and then break it down by monthly, weekly, and daily goals.
Separate the urgent from the important tasks with the Eisenhower Matrix.
Rank your daily tasks by their true priority with the Ivy Lee Method.
What advantage related to tags does QuickBooks Online Advanced have over other subscription levels?
QuickBooks Online Advanced allows for 300 ungrouped tags, whereas the other levels allow for 100
QuickBooks Online Advanced allows for sub-tags and sub-tag groups, whereas the other levels do not
QuickBooks Online Advanced offers unlimited tag groups, whereas the other levels allow for 40
QuickBooks Online Advanced offers 6 tag-based standard reports, whereas the other levels allow for 2
QuickBooks Online Advanced offers unlimited tag group colors, whereas the other levels allow for 16
Which 3 inventory reports are readily available in QuickBooks Online?
Physical Inventory Worksheet report
Inventory by Product Category report
Inventory Obsolescence report
Bill of Materials report
Inventory Valuation Detail report
Inventory Valuation Summary report
What 3 pieces of information does the Performance Center use to perform industry benchmarking?
Company name
Revenue
Credit score
Industry sector
Number of employees
Location
Which 2 of these statements about tagging are true?
Target lines can be tagged
Journal entries can be tagged
Tags are not visible on printed invoices
Billable expenses will transfer tags to an invoice
QuickBooks Online Payroll transactions cannot be tagged
QuickBooks Online Advanced offers unlimited tag groups, whereas the other levels allow for 40. The Inventory Valuation Detail report is readily available in QuickBooks Online. Revenue, Credit Score, and also the Industry Sector is being used by the Performance Centre to perform industry benchmarking.
What is the meaning of industry benchmarking?
Industry Benchmarking involves analyzing a company's key performance indicators but also comparing them to competitors, usually the market leader. A company may be using benchmarking to assess the performance of its systems, services, and products. In external benchmarking, a business contrasts its measurements with those of rivals or others operating in the same industry.
Internal, external, performance, as well as Industry benchmarking, are the four main categories.
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Why is it important to regularly monitor/ review implemented
treatment/s or controls of business risk against measures of
success? Give three reasons.
It is important to regularly monitor and review implemented treatments or controls of business risk against measures of success for the following reasons are Effectiveness, Compliance, Continuous Improvement.
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Knowing the laws about protecting employees and the environment are, and following them, is an example of how to deal with this type of risk.
2 points
strategic risk
compliance risk
financial risk
operational ris
Answer: compliance risk
Explanation:edg2021
C- Compliance risk relates to following the appropriate laws applicable on the specific organisation and reporting them to the respected authority.
Laws are the most basic yet mandatory compliance and following them is important as misbehavior will lead to penalties and punishments. Laws also refer to the base of functioning of an organisation in a particular way.
A business is subject to various risks depending upon its scale and nature of business. Laws relating to employee protection refers to igloo the rights of employees and providing them aid at different aspects of life.Not only the employees but their families also need to be protected and taken care of by ways such as providing them insurances, education to their children, healthcare aid and timely salaries to the employees.It should also be noted that, protection of environment is equally important. The organisation should function as per the limits provided in the laws and comply with them. No harm shall be caused to the environment over and above the limit .Hence, the correct option is C compliance risk relates to protection of employees and the environment.
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dante is monitoring developments in ________, such as immigration, automation, and globalization, to plan for how they will affect his company.
The external environment is what Dante is monitoring its developments.
The external environment includes the factors or conditions outside the business with impacts on its operations. The external factors in the environment originate from the society, economy, regulations, and the political system.
The external environment also impacts the organization's profitability, decisions, and performance. They present both threats and opportunities that Dante can factor into his decision-making.
Thus, Dante needs to monitor developments in the external environment to ensure that the organization does not run out of tune with factors outside its control.
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what is the significance of price elasticity of demand to a producer
Answer:
See the explanation below
Explanation:
Significance of price elasticity of producers:
useful in pricing decisionswhen demand is elastic, firms have to reduce their price to earn more revenuewhen demand is inelastic firms need to raise prices to earn more revenuePrepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.)
The overall contribution margin (CM) ratio for the company is 30% and Overall break-even point in dollar sales is $80,000.
Contribution margin (CM) ratio1. Overall contribution margin ratio
Overall contribution margin ratio = Total contribution margin/Total sales
Overall contribution margin ratio= $30,000/ $100,000
Overall contribution margin ratio = 30%
2. Overall break-even point in dollar sales
Overall break-even = Total fixed expenses/ Overall contribution margin ratio
Overall contribution margin ratio= $24,000/30%
Overall contribution margin ratio= $80,000
3. Contribution format income statement
Claim-jumper Makeover Total
Original dollar sales $30,000 $70,000 $100,000
Percent of total 30% 70% 100%
Sales at break-even $24,000 $56,000 $80,000
Variable expenses:
Claim-jumper
Variable expenses= ($24,000/$30,000) × $20,000
Variable expenses= $16,000
Makeover
Variable expenses=($56,000/$70,000) × $50,000
Variable expenses= $40,000
Therefore the overall contribution margin (CM) ratio for the company is 30% and Overall break-even point in dollar sales is $80,000.
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Can you guys help me with this thank you.
I’m considering buying 100 stocks for $1.75 a share and an ROI of 8%. What is my expected profit?
Your expected profit would be $14 if you purchase 100 stocks for $1.75 per share with an ROI of 8%
What is the Expected profit on the stock?To calculate your expected profit, you need to take into account the total cost of purchasing the stocks and the expected return on your investment.
Total cost of purchasing 100 stocks at $1.75 per share:
100 stocks x $1.75 per share = $175
Expected return on investment (ROI) of 8%:
$175 x 0.08 = $14
Therefore, your expected profit would be $14 if you purchase 100 stocks for $1.75 per share with an ROI of 8%. However, please keep in mind that this is only an estimate, and actual returns may vary depending on market conditions and other factors.
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Conducting a search of the store is part of store closing duties. Why?
Education Career Video Assignment
In order to complete this assignment, you must first watch at least 3 of the 5 videos that are in the course under MODULE 3.01. After you have watched them, answer the following questions about 3 of the 5 jobs you learned about. Once you are finished save your file. Then upload it to the Education Careers Video Assignment dropbox.
Name:
Video #1
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #2
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #3
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Why would variables like the job market or financial planning influence a person’s career choice?
Answer:
Job market and financial are main important factors that influence career choices of a person. There are another several factors that influences such as distance, environment, social and psychological life etc.
Explanation:
When a person start his carrier, he thinks about several factors that effects their carrier choices. There are different factors such as job description, , the skills that essentially required, salary, etc. But there are also another factor that affect the career choice of a person.
These factors are as:
Different roles in lifeWhat is personality of a person and their interest areaIn which field, an individual have an experience.What is their cultural backgroundThe environment of the organization. The economic and social life of the person.What is expectation of salaryThese are the factors that are important to influence the career plan of a person. If a person criteria do not match his expectation related salary, then it will influences their career choices. The distance from home does matter for career choices.
Answer:
The job market and finances are the two most essential aspects that impact a person's career choices. Other aspects that have an impact include distance, environment, social and psychological life, and so on.
Explanation:
Correct on both edge, and edmentum
How do you determine fixed and flexible expenses ??? Pls helppp
Answer:
Fixed expenses generally cost the same amount each month (such as rent, mortgage payments, or car payments), while variable expenses change from month to month (dining out, medical expenses, groceries, or anything you buy from a store
Why is workplace diversity important for the success of the company?
A diverse workforce is more likely to understand your customers' needs and come up with ideas to fulfill them. Diversity in the workplace will also increase employee morale and instill a desire to be more effective and work more efficiently. This will greatly increase the productivity of your business.
Mova Motors Inc. enters the Asian market and conducts a thorough analysis of the local marketing conditions such as the characteristics and buying situations of consumers. The company realizes that the buying behavior of the majority of middle-income families is similar. It divides the market into distinct groups based on the purchasing power of consumers and decides to pursue the middle-income families. In this scenario, the company is ______. Multiple choice question. distributing products through indirect channels diversifying its product line using a promotional push strategy focusing on a market segment
Answer:
r
Explanation:
what does the marketing concept require marketers to do? group of answer choices seek to satisfy customer wants and needs, but not worry about profitability. push their products through heavy advertising and selling. focus solely on reducing production costs. seek to satisfy customer wants and needs while maintaining profitability.
The marketing concept requires marketers to seek to satisfy customer wants and needs while maintaining profitability.
This means that marketers must prioritize understanding the needs and desires of their target audience, and then create products and marketing strategies that meet those needs in a profitable way. It is not enough to simply push products through heavy advertising and selling, or to focus solely on reducing production costs. Rather, successful marketing requires a customer-centric approach that balances meeting customer needs with achieving business goals.
This approach emphasizes understanding the target audience, delivering value, and building long-term relationships to achieve success in the marketplace.
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Which of the following actions will help you become a valuable wiki contributor?
A. Insert comments and questions in the main content.
B. Post as much information as possible to appear well informed.
C. Ignore criticism so that you do not have to respond.
D. Take advantage of the sandbox.
E. Seek individual recognition and control.
The correct option is (D). Taking advantage of the sandbox will help you become a valuable Wiki contributor.
To become a valuable wiki contributor, the most effective action is to take advantage of the sandbox (option D). The sandbox is a feature that allows you to practice editing and familiarize yourself with the platform's formatting tools without affecting the main content. This way, you can learn how to create high-quality content before contributing to the actual pages. Options A, B, C, and E are not helpful. Inserting comments and questions into the main content (A) can disrupt the flow and clarity of the information.
Posting excessive information (B) can overwhelm readers and may not be accurate or relevant. Ignoring criticism (C) prevents learning from feedback and improving your contributions. Finally, seeking individual recognition and control (E) goes against the collaborative nature of wikis, as the focus should be on improving the content rather than personal gain.
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