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WITCHER [35]
2 years ago
11

If an investor purchases $1,000 face amount of an 8% corporate bond at 93. The bond is scheduled to mature in 2028. What will ha

ppen when the issue matures
Business
1 answer:
sdas [7]2 years ago
7 0

Answer:

The amount to be paid is $100,440

Explanation:

When the bond matures, it is the due date on which the bond issuer need to pay off the bond on that particular date.

In this case, the bond matures in 2028, so

Interest amount = Face value of bond × Price × Interest

= $1,000 × 93 × 8%

= $7,440

The amount to be paid on maturity will be:

= $7,440 + $93,000

= $100,440

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3 0
2 years ago
Orlando Boom has been offered an internship at a local animal shelter for six weeks during the summer, four hours each week day.
Cerrena [4.2K]

Answer:

<u>False</u>

Explanation:

<em>There is no such thing</em> as community engagement graduation requirements. However there is internship as a requirement for college graduation.

Therefore , Orlando can use this internship to only fulfill his internship graduation requirements having learnt practical knowledge from the animal shelter for six weeks.

5 0
2 years ago
Read 2 more answers
Jenna’s supervisor was lamenting the fact that their company could not simultaneously meet the needs of their existing customer
Pepsi [2]

Answer:

the S-T-P approach (market segmentation)

Explanation:

Segmenting, targeting, positioning is a well-known marketing model applicable when addressing a diverse customer base. It is synonymous with <em>market segmentation.</em>

In order for Jenna's plan to be effective, it has to tackle each target group specifically, according to their own characteristics, preferences and habits. That way, the company can tailor their marketing efforts towards each target group respectively.

5 0
2 years ago
When using the gzip utility, the option is also known as best compression and results in higher compression ratio?
Liula [17]
When it comes to using gzip, the vital thing that you need to remember is that this tool helps you in making your files smaller by compressing them. File types vary in how well they get compressed.

That's why there are recommendations given as to the best compression option for you to take. Though, it's not a must that that's the one you choose. In fact, you can run a simple gzip command to either get the minimum compression or get the maximum by varying the speed that it's run to compress the file.
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2 years ago
How much would it cost for Chester Corporation to repurchase all its outstanding shares if new brokerage fees totaled 1% of the
Vinvika [58]

Answer:

$78.0 million

Explanation:

Cost of repurchase = Number of shares*Share price/(1-1%)

Cost of repurchase = $3,352,720 * $23.02/(1-1%)

Cost of repurchase = $3,352,720 * $23.02/(1 - 0.01)

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Cost of repurchase = $78.0 million

6 0
2 years ago
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