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Mandarinka [93]
1 year ago
15

The 6.3 percent, semi-annual coupon bonds of PE Engineers mature in 13 years and have a price of $992. These bonds have a curren

t yield of _____ percent, a yield to maturity of _____ percent, and an effective annual yield of _____ percent.
Business
2 answers:
marin [14]1 year ago
8 0

Answer:

6.35; 6.39; 6.49

Explanation:

1.  Current yield of the bond = percentage of bond/price of bond

thus it gives = 6.3/99.2 = 0.0635 or 6.35%

2.  Yield to maturity

fv = 1000

n = 26 (2 times the number of years of maturity)

pmt = 31.50 = (.063*1000)/2

pv = -992

I/y = 3.1957 x 2= 0.0639 or 6.39%

3.  Effective annual yield

fv = 1000

n = 26

pmt = 31.957

pv = -992

i/y = 3.2417 x 2 = 6.48% or 6.49%

ludmilkaskok [199]1 year ago
7 0

Answer:

6.35, 6.39 and 6.49

Explanation:

6.3% = 0.063

yield = 0.063 ×$1,000/ 0.992 yield = 0.063 ×$1,000)/ 0.992 ×$1,000)

Current yield = 0.0635, or 6.35 percent PV = $992 = 0.063× $1,000 / 2) ×{(1 - {1 / [1 + (r / 2)]26}) / (r/ 2)} + $1,000 / [1 + (r / 2)]26 r = .0639, or 6.39 percent EAR = [1 + .0639 / 2)]2 - 1 EAR = .0649, or 6.49

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Answer:

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Explanation:

In simple words, The behavioral approach is only concerned with what managers do and what they behave. The behavioral approach broadened the science of leadership to encompass the activities of leaders toward followers in diverse settings by moving the study of leadership to leader behaviors. Monitoring and analyzing a leader's movements and behaviors in response to a given circumstance is central to behavioral leadership theory.

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1 year ago
Select the correct answer from each drop-down menu. Read the passage. What should Milo do? What customer service skills would he
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Answer:

a. Milo should disclose all the information about the product

b. Milo is showing honesty about what the customers should expect about the product

Explanation:

a.

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1. Communication skills: a customer service has to be able to communicate clearly to the customers to ensure effective transfer of product information.

2. Good listening skills: they need to listen attentively and play keen attention to details to ensure that all the customer's needs are met. This enhances trust.

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4. Honesty: the agent has to give the customer all the information about their product even if they will lose the customer. One needs to understand that lying to the customer in most cases takes the customers trust away. But being truthful about the product, might make one lose a customer at that moment but at least the customer will have some level of trust since the agent was honest.

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b.

In this case, Milo is showing honesty. By disclosing all the information about the product, Milo is being honest about what the product is going to offer and it's associated price. Honesty fosters trust in customers. When a customer fully trusts you, they would rather purchase your product at a slightly higher price than settle for a product whose qualities is not guaranteed.

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Ignacio owns a small business that employs 12 full-time workers. He has recently been told by his financial advisor that he woul
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Answer:

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