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zavuch27 [327]
2 years ago
5

A corporate bond with a face value of $1,000 matures in 4 years and has a coupon rate of 6.25 percent. The current price of the

bond is $932 and interest is paid semiannually. What is the yield to maturity?

Business
1 answer:
postnew [5]2 years ago
6 0

Answer:

8.28%

Explanation:

We use the Rate formula shown in the spreadsheet for this question

The NPER specifies the time period.  

Given that,  

Present value = $932

Future value or Face value = $1,000  

PMT = 1,000 × 6.25% ÷ 2 = $31.25

NPER = 4 years × 2 = 8 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

the yield to maturity is 8.28%

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BlackZzzverrR [31]

Answer:

d.Any new costs incurred in FFC's production process after the split-off point can be traced to one of the three final products.

Explanation:

the following statements regarding the new costs incurred in the FFC production process after the split-off point : any new costs incurred in FFC's production process after the split-off point can be traced to one of the three final products.

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8 0
1 year ago
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Bezzdna [24]

Answer:

e. None of the above.

Explanation:

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3 0
2 years ago
Crimson Corp. was organized as a calendar-year corporation in January, Year 1, incurring $51,000 in qualified organizational exp
Lelechka [254]

Answer:

Total deductible organization expenses  is $ 6,611

Explanation:

Upto $ 5000 in qualifying organization expenses are deductible in the year they are incurred , with the amount reduced by the amount by which total organizational expenses exceed $50,000. With a total of $51,000 Crimson corp could deduct $ 4000 .

In addition , the remaining $ 47,000 is amortized over 15 years or 180 months , begining in the period in which the entity commences operations. Since crimson began operaions in March 2016 , amortization would be for 10 months ( march 2016 - december 2016 )

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Total deductible organization expenses = $4,000 + $ 2,611

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3 0
2 years ago
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VashaNatasha [74]

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However, if there is a sudden accident, we have no other choice but to react on the spot. In some situations, like disasters ( man-made or natural) , a combination of proactive and reactive approaches can be more effective.

6 0
2 years ago
Marketing managers at Focal Point Cameras are looking for ways to cut costs as the company is facing intense competitive pressur
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Answer:

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