Answer:
YTM approximated 4.08%
Explanation:
If the price of the bond changes to 1,060
we will need to calcualte the YTM
we could do it with an approxmation method like this:
Cuopon payment =1,000 x 4.5% = 45
Face value = 1,000
Purchase value= 1,060
n= 20 years
quotient 4.0776699%
It will yield approximately 4.08%
Answer:
500,000
explanation of the answers
by using the formula of simple interest
which is principal x rate x time divided by 100.
Ans=50,000,000 x 10 x 1 then ➗ by 100
which Ans=500,000
Answer:
Total cash disbursement= $40,210
Explanation:
Giving the following information:
The sales budget shows 2,700 units are planned to be sold in March. The variable selling and administrative expense are $3.20 per unit.
The budgeted fixed selling and administrative expense are $35,770 per month, which includes depreciation of $4,200 per month.
Th<u>e depreciation expense is not a cash disbursement. </u>
Total cash disbursement= total variable cost + total fixed cost
Total cash disbursement= 2,700*3.2 + (35,770 - 4,200)
Total cash disbursement= $40,210
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
