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ohaa [14]
2 years ago
14

4- You are purchasing a 20-year, semi-annual bond with a current market price of $973.64. If the yield to maturity is 8.68 perce

nt and the face value is $1,000, what must the coupon payment be on the bond?
Business
1 answer:
Brut [27]2 years ago
8 0

Answer:

Annual coupon payment = $84

Coupon payment in percentage = 8.4%

Explanation:

Coupon payment amount is calculated using the PMT function in excel as follows:

=PMT(8.68%/2,20*2,-973.64,1000)

=42

Annual coupon payment =42*2 = $84

Coupon payment in percentage = 84/1000 = 8.4%

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Stephanie seals is a cpa who is working as a controller for brentwood corporation. she is not in public practice
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<span>Stephanie Seals, a CPA who is working for Brentwood Corporation as a controller is not in a public practice, but she can use her CPA status on her business cards as long as she also includes her employment title on the business cards.</span>
6 0
1 year ago
To move forward in an automatic transmission vehicle, shift to _____. A. Park B. Reverse C. Neutral D. Drive
EleoNora [17]

Answer:

D stands for drive.

Explanation:

In automatic transmission vehicles, the letter D represents all forward-moving gears.  When the engine is running, and the automatic transmission is activated with D, accelerating the car will make it move forward.

Some vehicles will have a series of numbers after the D. The may be labeled ad D1, D2, D3 in that order. These are manuals setting for the forward gear operations. They help the vehicle navigate different terrain as  follows

  • D1:  Suitable for difficult terrains like sand and mud.
  • D2: Best for up climbing or hilly roads
  • D3:  May also be marked as OD or overdrive. It makes the car move fast hence suitable for when overtaking.

For vehicles with only D, the single D combines all the above functions.

6 0
1 year ago
Read 2 more answers
In order to generate the desired workforce skill, competencies, and behaviors that a firm needs to achieve its strategic goals,
nordsb [41]

Answer:

In order to generate the desired workforce skill, competencies, and behaviors that a firm needs to achieve its strategic goals, human resource management must first develop <u>HR policies</u>

Explanation:

Human resources (HR) policies are policies put in place as a form of guidance and protection for every worker within an organization.

When the issues that may arise among workers are sorted via HR policies, company can achieve its strategic goals effectively.

These policies include:

  1. At-will employment
  2. Anti-harassment and non-discrimination
  3. Employment classifications
  4. Leave and time off benefits
  5. Meal and break periods
  6. Timekeeping and pay
  7. Safety and health
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6 0
2 years ago
Read 2 more answers
Joel was recently hired as a police officer in his city's police department. As part of employee training, his supervisor trains
Assoli18 [71]

Answer:

On-the job training.

Explanation:

This is explained to be normal emphasized training that working staffs are seen to undergo; especially newly employed staffs, which is a direct training while doing the actual job they are been hired or paid for. A a good and reasonable trainee in this aspect is seen to be appreciative when given this chance to develop knowledge and skills without ever leaving work. In this employee training format, employees are seen to receive your workplace needs, norms, and culture and familiarize with them. Internal job training and employee development bring a special plus. This is why in the scenario above, Joel's supervisor trains him off-site on the use of firearms.

3 0
1 year ago
Country X has currency C1 and Country Y has currency C2. The nominal exchange rate C2/C1 and GDP deflator P for Country X and P*
Kaylis [27]

Answer:

Explanation:

a)  

Year             percentage increase

2011               21.21162

2012       14.35054

2013       20.62696

b) Assuming C1 is the domestic currency, an increase in E will cause price of C2 in term of C1 to;   Decline

c) If the value of e decrease, given that E is increasing, then Country Y would be experiencing a lower rate of inflation compared to Country X  

d) if foreign goods are relatively less expensive compared to the domestic goods and assuming that the nominal exchange rate of the currencies is equity, then there is disparity in the real exchange rate.

3 0
2 years ago
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