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lubasha [3.4K]
2 years ago
14

You paid $713 last year for a zero-coupon bond that promised to pay you $1,000 at the end of 5 years. Rather than hold it for th

e remaining four years, you have decided to sell it today. The prevailing effective annual interest rate is 9%. To the nearest dollar, what price do you expect to get for your bond?
Business
1 answer:
andreyandreev [35.5K]2 years ago
8 0

Answer:

The bond today will be valued at 708.4252

Explanation:

The price for the bond will be the present value of 1,000 at the current market rate of 9%

We will use the present value of a lump sum to calculate this:

\frac{Maturity}{(1 + rate)^{time} } = PV

Maturity 1,000 dollars

time 4 years

rate         9% = 9/100 = 0.09

\frac{1000}{(1 + 0.09)^{4} } = PV

PV       $708.4252

This will be the expected market value for the bond.

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Scott Bestor is an accountant for Westfield Company. Early this year, Scott made a highly favorable projection of sales and prof
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Answer a

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Answer b

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Answer c

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Answer:

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In pepsi's case:

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8 0
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Jane Hastings recently joined her first job as a communication executive and is working on creating press releases for an upcomi
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<em>d. high negative affect</em>

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Same with Jane, she started her new job but experiences emotions of negativity because of the campaign.

They often report further dissociative symptoms and focus on negative stimulation or possibly dangerous situations.

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I think its all the above except for they might be trying to trick you because at sixteen a guardian or parent has to sign aswell.
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Suppose you and a classmate are playing a game where your classmate proposes a division of​ $1.00. ​ Then, you either accept or
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