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Illusion [34]
2 years ago
12

Bonds issued by the Coleman Manufacturing Company have a par value of $1,000, which of

Business
1 answer:
miss Akunina [59]2 years ago
8 0

Answer:

19.05%

Explanation:

the approximate yield to maturity (YTM) formula is:

approximate YTM = {C + [(FV - PV) / n]} /  [(FV + PV) / 2]

  • C = coupon payment = $130
  • FV = face value or value at maturity = $1,000
  • PV = present value or current market value = $690
  • n = 10 years

approximate YTM = {$130 + [($1,000 - $690) / 10]} /  [($1,000 + $690) / 2] = ($130 + $31) / $845 = $161 / $845 = 0.1905 or 19.05%

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reative Sound Systems sold investments, land, and its own common stock for $36.0 million, $14.4 million, and $38.8 million, resp
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Answer:

$18.4 million

Explanation:

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7 0
2 years ago
Jim was a mechanic. One day when he attempted to weld a car's gasoline tank, it exploded and he was hurt. He filed to collect wo
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2 years ago
The wage rate for all units of labor is $10/hr. You have spent $160,000 on developing a production process (Process X) that will
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Answer:

The normal production process should be followed.

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