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n200080 [17]
1 year ago
11

Of the following, identify the CORRECT statement. a. A bond's current yield must always be either equal to its yield to maturity

or between its yield to maturity and its coupon rate. b. Assume that two bonds have equal maturities and are of equal risk, but one bond sells at par while the other sells at a premium above par. The premium bond must have a lower current yield and a higher capital gains yield than the par bond. c. A discount bond's price declines each year until it matures, when its value equals its par value. d. A discount bond's price increases each year until it matures, when its value equals its par value. e. If a bond sells at par, then its current yield will be less than its yield to maturity.
Business
1 answer:
max2010maxim [7]1 year ago
7 0

Answer:

A) A bond's current yield must always be either equal to its yield to maturity or between its yield to maturity and its coupon rate.

Explanation:

the yield to maturity = current yield +/- capital gains yield

current yield = yield to maturity +/- capital gains yield

the capital gains yield is positive or negative depending if the bond was sold at a premium or at a discount which results in a coupon rate being either higher or lower than the yield to maturity.

so the current yield must always be within a range between yield to maturity and coupon rate

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Emilio works in a power plant control room. Dawn works in a coal mine. What do Emilio and Dawn have in common? They both are sel
Makovka662 [10]

Answer:

They both work in the Energy Transmission career pathway

Explanation:

Emilio and Dawn work in the "Energy Transmission career pathway".

In Energy career pathway, there are there stages. First is Energy generation, second is Energy transmission and third is Energy distribution.

In Energy transmission, power is evacuated from the generating stations via transmission networks. This happens in coal mines and power plant control room. Bulk of generated energy is covered in Energy Transmission Pathway from the source to the electrical substation through a transmission network. One needs critical thinking to analyze the information and stress management as employees to handle urgent tasks as well.

5 0
1 year ago
A stock is bought for $23.00 and sold for $27.00 one year later, immediately after it has paid a dividend of $1.50. what is the
Alenkinab [10]
P1 = $27
P0 = $23

To solve:
Capital gain rate = (P1 - P0)/P0
Capital gain rate = ($27.00 - $23.00)/$23.00
Capital gain rate = $4/$23
Capital gain rate = 0.1739
Capital gain rate = (0.1739)(100)
Capital gain rate = 17.39%
8 0
2 years ago
What types of information does managerial accounting provide? (Check all that apply.) Financial Information for internal decisio
jek_recluse [69]

Answer:

Financial and non-financial information for internal decision makers.

Explanation:

Managerial accounting is related to the information that is used for the management of the organization and its information is not widely used for external users. It is almost used by the internal decision makers. The information mostly relates to the effective running of its operations and control mechanism implications.

8 0
2 years ago
In your own words, briefly describe the benefit of each type of alert below: a. Low Balance b. Mobile Deposit c. Unusual Activit
pshichka [43]

Answer:

Explanation:

a. Low Balance: You can set up your bank account for this alert on a threshold which you want to make. This alert inform you about the low balance in your bank account when it touches to the threshold you set up that may be any amount for example 50$ or 500$ or 1000$ so that you know that you shouldn't . It facilitate you to safe from the expenses like OD etc.

b. Mobile Deposit. You always receive a text message whenever you used your smartphone to deposit the check with it. It may be act as a receipt for the check submission while using with your smartphone.It also provide you a facilitation when the check is cleared and deposit received in your bank account

c. Unusual Activity. This type of alert message received while bank detects an unusual activity which could be fraud etc.For example the transactions which are made unusual and which may not be your regular activity with your account.It could also occur when your account transaction has been made outside of your normal living etc area

2.

The most important type of alert would be the Unusual Activity as it involves the risk more that other two alerts.

5 0
1 year ago
Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of busin
EleoNora [17]

Answer:

Option (b) is correct.

Explanation:

Given that,

Budgeted sales in September = $260,000

Budgeted sales in October = $375,000

Budgeted sales in November = $400,000

Percent of merchandise sells for cash = 30%

Percent of merchandise sells on account = 70%

Out of the credit sales,

80% are expected to be collected in the month of the sale.

20% in the month following the sale.

Therefore, the cash collections in September from accounts receivable will include only 80% of the credit sales in September as Nuthatch corporations starts its operation on September 1, hence there will be no sales in August.

Cash Collections From Accounts Receivables;

= 80% of the credit sales in September

= 0.8 × (70% × $260,000)

= 0.8 × $182,000

= $145,600

5 0
1 year ago
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