The 13​-year ​$1,000 par bonds of Vail Inc. pay 14 percent
interest. The​ market's required yield to maturity on a​
comparable-risk bond is 15 percent. The current market price for
the bond is

Answers

Answer 1

The current market price for the bond, based on the given information, is $1,228.63.

It is given that Par value (face value), FV = $1,000, Coupon rate, r = 14%, YTM (required yield to maturity), Y = 15%, Time to maturity, t = 13 years

In order to calculate the bond price we can use the bond price formula which is:

PV = C × (1 − 1 / (1 + r)^t) / r + FV / (1 + r)^t

Where, C is the periodic coupon payment, FV is the face value or par value of the bond.

Let's plug in the given values in the formula and solve:

PV = $140 × (1 − 1 / (1 + 0.15)^13) / 0.15 + $1,000 / (1 + 0.15)^13 = $1,228.63

Therefore, the current market price for the bond is $1,228.63.

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Related Questions

Which of the following is NOT a useful strategy when making an informed purchase?

1.Compare your option to similar products.
2.Calculate the unit price of the product.
3.Read the online reviews of the product and ask trusted friends who use it.
4.Purchase a product based on a social media influencer.

Answers

The answer is 4, purchase a product based on a social media influencer.

this would not be an informed purchase

according to darwin, how do the processes of natural selection and descent with modification help to explain the variety among the galapagos finches?

Answers

Darwin's theory of evolution is based on two main principles: natural selection and descent with modification. Natural selection states that the fittest individuals will survive and reproduce more successfully, thus passing on their traits to their offspring.

Descent with modification explains that traits can be inherited from one's ancestors and can change over time due to environmental pressures. Together, these two processes explain the variety among the Galapagos finches.

The finches have adapted to their environment over time, with some finches having longer beaks and others having shorter beaks. The environment has selected for certain traits, such as the longer beaks, which allow for the birds to more easily feed on the hard-to-reach seeds. The result is the variety of finch beaks that we see today.

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Which situation describes an oligopoly market structure? A. One company builds and sells all of the cars available in a developing country. B. Many different vendors sell the same few T-shirt designs to fans at a concert. C. Solar panels are only available from two companies operating in a country. D. A government gives one company full control over water treatment in a city.

Answers

Answer:

Answer C

Explanation:

Answer:C)

Explanation:just got it right<3

what agency has the ultimate authority in defining independence for public companies? multiple choice the aicpa the sec the department of justice the u.s. congress

Answers

SEC agency has the ultimate authority for defining independence for public companies. So the correct option is C.

The United States Securities and Exchange Commission is an autonomous body of the federal government of the United States.

The SEC was established, along with the 1934 Stock Exchange Act, for the restoration of investor trust in our capital markets, through a accurate knowledge and consistent rules for fair dealing between investors and markets.

A three-part mission is to secure investors through the U.S. Securities and Exchange Commission (SEC). Keep markets equal, orderly and effective. Enabling the development of capital.

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What agency has the ultimate authority for defining independence for public companies?

A. AICPA.

B. SEC.

C. Department of Justice.

D. Congress.

In what year did professional soccer become a legalized sport?

Answers

Answer:

1885

Explanation:

Answer:

1863

Explanation:

On December 8 1863, Association Football and Rugby Football finally split into two different organizations after quite some time. Later on in the year, the first ever soccer match was played at Mortlake, London on 19th December 1863 between Barnes Football Club and Richmond Football Club.

Hope this helps!!

ps. plz give me brainliest of possible

During the stage, managers fail to recognize the internal or external changes that will harm their companies.

Answers

Skeebledobbleflibbleflobbleneedlenoodlepeedlepoodle so like basically what is the question jit?

How do the 4 factors change based upon the business for which they are needed?

Answers

Answer:

Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.

Answers

Answer:

I think D is correct answer

The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

The information related to the profit is as follows:

It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.

Therefore all the other options are incorrect.

Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.

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assume one of the public schools is privatised. what are the advantages and disadvantages of privatising the school​

Answers

Answer:

Advantages:-

1.Reduced political disturbances.

2.Proper facilities

3.The discipline in student is maintained .

4.Students can get proper guidance from teachers.

Disadvantages:-

1. Fee may be increased.

2.The services may lack which was given by government funds.

3.It may cause problem to poor students from poor family.

4.Public holidays is decreased.

Explain the 3-circle model of the family business and 3
dimension model

Answers

The 3-Circle Model of the Family Business:

The 3-Circle Model is a framework that helps in understanding the dynamics of a family business by considering three distinct yet interconnected circles: Family, Business, and Ownership.

1. The Family Circle:

- Represents the family system and the dynamics that arise from family relationships and interactions.

- Includes family members who may or may not be involved in the business.

- Involves issues related to family values, roles, expectations, communication, and succession planning.

2. The Business Circle:

- Focuses on the operational aspects of the business, including strategy, operations, finance, marketing, and human resources.

- Considers the professional management and employees who drive the day-to-day operations.

- Requires a business-oriented mindset and the implementation of sound business practices.

3. The Ownership Circle:

- Refers to the ownership of shares or equity in the business and the related rights and responsibilities.

- Addresses issues such as governance, ownership succession, dividend policies, and wealth management.

- Involves balancing the interests of family members who may be both active and non-active in the business.

The 3-Dimension Model:

The 3-Dimension Model is another framework used to analyze family businesses, considering three critical dimensions: Family, Business, and Ownership.

1. Family Dimension:

- Focuses on the family dynamics, relationships, values, and goals within the family business system.

- Considers the impact of family dynamics on business decision-making and the influence of family values on the business culture.

2. Business Dimension:

- Emphasizes the operational and strategic aspects of the business, such as performance, growth, competitive positioning, and organizational structure.

- Addresses the challenges of managing and growing the business while maintaining family harmony and addressing family-specific issues.

3. Ownership Dimension:

- Centers on the ownership structure, governance, and wealth management aspects of the family business.

- Involves issues related to the transfer of ownership, decision-making rights, shareholder agreements, and family wealth preservation and distribution.

Both models provide valuable frameworks for understanding the complexities and interdependencies present in family businesses, highlighting the need for effective management across the family, business, and ownership dimensions.

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Name any FIVE causes of stress in the workplace​

Answers

Answer:

1. long hours

2. tight deadlines

3. heavy workload

4. changes to duties

5. job insecurity

The Fed buys $10 million of securities from AIG. AIG has a desired reserve ratio of 0.05, and there is no currency drain.
As soon as the open market purchase is made, the bank's excess reserves are at $___ million

Answers

Answer:

$200,000,000

Explanation:

Given that:

Amount of securities purchased = $10 million

Desired reserve ratio = 0.05

The bank's excess reserve :

Money multiplier * amount of securities purchased

Money multiplier = 1 / reserve ratio

Money multiplier = 1 / 0.05 = 20

Excess reserve = 20 * $10,000,000

Excess reserve = $200,000,000

the lease cost of office computers is a _____ for an accounting firm.

Answers

The lease cost of office computers is an operating expense for an accounting firm.

Operating expenses are the ongoing costs that a business incurs in its day-to-day operations to generate revenue. These expenses are necessary for the normal functioning of the business and are not directly related to the production of goods or services for sale. Instead, they support the general operations of the business.
Leasing office computers falls under operating expenses because it is a regular and recurring cost associated with running the accounting firm's office. It is not considered a capital expenditure because the computers are not being purchased as assets but are instead being leased or rented.
Other examples of operating expenses for an accounting firm may include rent for office space, salaries and wages of employees, utilities, office supplies, marketing expenses, and professional fees.It is important for businesses, including accounting firms, to carefully track and manage their operating expenses as they directly impact the profitability and financial performance of the company.

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is frequently described as what individuals do under conditions of change. question content area bottom part 1 a. micromanagement b. management c. tradition d. leadership e. status quo

Answers

Leadership is frequently described as what individuals do under conditions of change

Business leadership is the ability of an organization's management to set and achieve challenging goals, act swiftly and decisively when necessary, outperform the competition, and motivate others to perform to the best of their abilities.

The ability of a person, group, or organization to "lead," influence, or direct other people, groups, or entire organizations is referred to as leadership, both as a field of study and as a practical talent. The term "leadership" is frequently seen as a contentious one.

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Suppose the economy is in long-run equilibrium and wealth increases. In the short-run, the inflation rate will _____ relative to its initial level. a. increase b. decrease c. not change

Answers

Suppose the economy is in long-run equilibrium and wealth increases. In the short-run, the inflation rate will increase relative to its initial level.

In economics, long-run equilibrium is a state in which all factors of production have been fully utilized. When a market reaches a long-run equilibrium, firms will have made adjustments to their production methods and will have achieved the most efficient production process possible. This will maximize profits while maintaining market prices and wages at a sustainable level. In the long run, the economy will tend to produce goods and services at the lowest possible cost.

The impact of wealth on inflation in the short run as per the given statement, if the economy is in long-run equilibrium and wealth increases, in the short-run, the inflation rate will increase relative to its initial level. Inflation is defined as the rate at which prices of goods and services are rising in the economy. When the economy is in long-run equilibrium, there is no scope for output expansion.

Suppose wealth increases, it means that people have more disposable income, which may create additional demand. Since the output is fixed in the short run, the prices of goods and services will increase, resulting in an increase in the inflation rate relative to its initial level.

Hence, the correct answer is a) increase.

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argonaut food stores, a retail giant, hires better-skilled employees than its competitors by employing strategic recruitment practices. it also conducts highly specialized training programs for its employees. in this case, argonaut has focused on gaining a strong competitive advantage through product differentiation. true false

Answers

In this case, argonaut has focused on gaining a strong competitive advantage through people differentiation.

A marketing technique called differentiation is utilized to set one product apart from others in the same category. Compared to other marketing strategies like positioning and branding, it is different.

Utilizing a differentiation approach will help your business stand out from otherwise like rivals in the marketplace.

The technique of managing individuals or groups of employees differently based on the value they provide to a business utilizing workforce-based or job-based approaches is known as human resource (HR) differentiation.

You can distinguish your products or services in a number of ways. You might provide them for less than your rivals do, deliver greater value than they do, or open up new markets for goods that weren't previously available.

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One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. As an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. Using the midpoint method, the price elasticity of demand for soybeans between the prices of $15 and $9 per bushel is , which means demand is between these two points. Therefore, you would tell the grower that his claim is , because total revenue will as a result of the technological advancement.

Answers

Answer:

0.67

inelastic

incorrect

Explanation:

Midpoint method is used by economists to identify the price elasticity. In this method the percentage change in quantity demanded is divided by percentage change in price. In the given scenario the price elasticity of bushel is 0.67 which determines that the change in quantity demanded will be due to change in price. The demand is inelastic therefore the claim of farmers is incorrect.

Identify an accurate statement about groups of customers with similar need sets. Multiple choice question. They always have identical demographics. They belong to a single, homogeneous demographic group. They can have sharply different demographics. They never have varied demographic features.

Answers

When there is a group of customers that have the same requirement sets so the following should be the accurate statement.

The statement "It could have clear various demographics" is correct.

The following information related to the customer is:

It is an individual or the business that buys the goods or services of the company. Without customers, the company could not survive out, neither company could able to make a profit. Now if there are various customers and all have the same kind of needs so it means that there are different demographics.

Therefore all other options should not be considered.

Thus we can conclude that The statement "It could have clear various demographics" is correct.

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To help farmers and workers in developing nations secure trade deals is known as:

A. Real Trade
B. Domestic Trade
C. Fair Trade

Answers

fair trade should be the correct answer

Advise businesses on the role of personal attitude in successful leadership

Answers

Personal attitude plays a crucial role in successful leadership. A positive attitude can inspire and motivate employees, while a negative attitude can lead to low morale and poor performance.

As a leader, it is important to maintain a positive attitude even during challenging times. This can help to build trust and respect from employees, and create a culture of positivity and resilience within the organization.

Leaders should also strive to maintain a growth mindset, which means being open to new ideas and constantly seeking opportunities for growth and improvement. This can help to foster a culture of innovation and continuous learning within the organization.

In summary, a leader's personal attitude can have a significant impact on the success of a business. By maintaining a positive attitude and growth mindset, leaders can inspire and motivate employees, build trust and respect, and create a culture of positivity and innovation.

Who’s the intended audience in news articles

Answers

Newspaper readers have typically been more educated, wealthy, and older than non-newspaper audiences.

Who is a research's primary target audience?

The people who read your work are referred to as the "audience." A term paper or thesis, for example, may be produced for a professor or committee of professors. More frequently, a paper is produced for peers in your field, for others who pursue similar academic interests.

Who are the media's intended consumers or target audiences?

A group of people who you've identified and wish to appeal to is what we refer to as a social networking target audience. Based on factors like age, occupation, income level, degree of education, geography, or behavior, for example. your target market for social media

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When a team agrees on the level of performance expected by each member, they have a _____.


shared standard

collaborative effort

unified commitment

team structure
THE ANSWER IS SHARED STANDARD

Answers

Answer:

shared standard

Explanation:

Teamwork refers to the collective approach towards the completion of a common goal. Methods and sources are agreed upon by each member of the team and the focus is relied on the achievement of the goal. Each individual works together and extend their efforts collectively. Shard standard refers to the level of acceptance on a particular point that each team member  agrees on. Merging at a certain point is very essential part of teamwork. Disagreement among the team members may cause the team work fall behind.

why does producer surplus exist?some producers are willing to produce at a price that is below the equilibrium price.

Answers

Producer surplus exists when producers can sell goods at a price above their cost of production, earning a profit. It indicates profitability, encourages investment, and fosters economic growth.

Producer surplus exists because some producers are willing to produce at a price that is below the equilibrium price. The equilibrium price is the market price where the demand for goods and services is equal to the supply of goods and services. Producers who can produce goods at a lower cost than the equilibrium price can sell their goods at a price that is above their cost of production and earn a surplus, which is the difference between the price they receive and the cost of production.Producer surplus is the difference between the amount a producer is willing to accept for a good or service and the amount they actually receive. Producers who can produce goods at a lower cost than the equilibrium price can sell their goods at a price that is above their cost of production and earn a surplus, which is the difference between the price they receive and the cost of production.Producer surplus is important because it indicates the level of profits that producers can earn from their production activities. When there is a producer surplus in a market, it means that producers are able to earn a profit from their production activities. The existence of producer surplus can also encourage producers to increase their output and invest in new technologies and processes, which can lead to further economic growth.

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A surface, such as a prep table, that touches food or from which food could drip or drain onto surfaces that touch food is
called a "food-splash surface."
True
False

Answers

Answer:

False

Explanation:

Food contact surface is what it is called

Question 45 The assumption of rational self-interest is an example of a(n): O variable. O incorrect decision. O behavioral assumption. O certainty. O other-things-constant assumption.

Answers

The assumption of rational self-interest is an example of a behavioral assumption.

In economics and decision theory, rational self-interest assumes that individuals are motivated by their own self-interests and make decisions based on maximizing their utility or satisfaction. This assumption implies that individuals carefully weigh the costs and benefits of different options and choose the option that provides them with the greatest personal gain.

While this assumption is useful for modeling individual behavior and understanding economic outcomes, it is a simplified representation of human decision-making and may not always reflect real-world behavior. People's choices can be influenced by various factors such as emotions, social norms, and cognitive biases, which may deviate from the strict rational self-interest assumption. Nonetheless, the assumption of rational self-interest provides a foundational framework for analyzing economic behavior and predicting individual choices in many economic models.

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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

Which statement about the Johari window is true?
A. It shows you how to reach self-actualization, which means
becoming the best possible version of yourself.
B. It shows you how to meet your basic needs of safety and shelter,
which you must meet before any other needs.
C. It can help you understand that talents, abilities, and intelligence
are fixed and cannot change.
D. It can help you understand what others notice about you and what
you notice about yourself.

Answers

B it shows you how to meet your basic needs of saftey

An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making
and tight control by the parent company over most aspects of worldwide operations is known as the model.
A. international
B. multinational
C. global
D.
transnational
E. intranational

Answers


A multinational company generally has offices and/or factories in different countries and a centralized head office where they coordinate global management. These companies, also known as international, stateless, or transnational corporate organizations tend to have budgets that exceed those of many small countries.

A manufacturing company provides jobs for many people in a small town where employment is not easy to find. The company has stayed in the town even though it could find cheaper workers elsewhere, because workers are loyal to the company due to the jobs it provides. Over the years, the company has developed a reputation in the town for taking care of its employees and being a responsible corporate citizen.

The manufacturing process used by the company produces a by-product that for years has flown into the town river. The by-product has been considered harmless but some people who live near the river have reported illnesses. The by-product does not currently violate any anti-pollution laws.


WHAT ARE THE ANSWERS TO THESE QUESTIONS?

What are the issues of integrity, ethics and law posed in the case study? What options does the company have, and what should it do and why?

Answers

Explanation:

Note, the term integrity often refers to the ability to keeping to one's moral principles, such as honesty. And ethics refers to the principles of right and wrong one might have.

For example, from this case, we observe that

although the company is known to have a good reputation over the years and of being a responsible corporate citizen, if it fails to act, then the company's integrity comes under question.Even though the by-product does not violate any laws, failing to take action may taint the good reputation it has had considering the fact that the company is well aware that "some people who live near the river have reported illnesses."

Note That,  When the term is integrating often refers to the ability to keep to one's moral principles, such as honesty. And also, that ethics refers to the principles of right and wrong one might have.

Giving For  such example are, from this case, we observe that is:

Thus, although the company is known to have a good reputation over the years and of being a responsible corporate citizen, Then if any it fails to act, then the company's integrity comes under the question of law. Also that Even though the by-product does not violate any laws, Then it is failing to take action may taint the good reputation it has had considering the fact that the company is well aware that is "some people who live near the river have reported illnesses."

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Checking account transactions are NOT reported to the credit bureaus and do not affect your credit score. Why is it still important to manage your checking account well?

Answers

Answer: Too see if anyone is stealing or charging extra fees

Explanation:

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An element is made up of _____.one type of atomone type of moleculemany type of atomsmultiple compounds What is the Lewis structure for Iodide? How does this imagery in this passage help you understand why is happening in the scene? There are 37 cans of pinapple on each shelf at foodmart. if there are 7 shelves of pineapple, estimate the number of cans of pineapple at foodmart by rounding the number of cans on a shelf to the nearest ten Live Preview, found in the Font group, uses which method for seeing different font sizes without committing to them.double-clicking the sizes on the Size drop-down listpointing the mouse pointer to the sizes on the Size drop-down listright-clicking the cell and clicking Preview Size on the drop-down listclicking the sizes on the Size drop-down list Please help I failed this lesson and I really dont wanna get held back again Which of the following best describes Thomas Jefferson's purpose in writing the Declaration of Independence? to incite Britain to go to war with the colonies to air grievances against the British king to unite the colonists against the British government to turn the colonies into a single nation HELP PLEASE!!!!! DUE TODAY!!!!! Please please help me please please help please please A CAR IS TRAVELING ON A FREEWAY AT 50 MPH WITH THE CRUISE CONTROL SET AT 50 MPH. ANOTHER CAR IS TRAVELING AT 90 MPH WITH THE CRUISE CONTROL SET AT 90 MPH. WHICH CAR HAS A HIGHER ACCELERATION? Which of the following sentences contains a dependent clause?A After she left for the airport, Mia began worrying whether she had made the right decision.B She waited at the door for some minutes before finally knocking.C He packed his suitcase and then called for a taxi. gram-negative bacteria are not killed by penicillin because they: group of answer choices do not have ribosomes. have an outer membrane layer covering their peptidoglycan cell wall. have two layers of peptidoglycan. do not have peptidoglycan. their ribosomes are protected with their own outer membrane layer. PLEASE HELP WITH MARK BRAINIESTA rabbit can hop 6 feet in 2 seconds and 12 feet in 4 seconds. If the number of feet varies directly with the time the rabbit spends hopping, at what speed is the rabbit hopping? THIS IS DUE SOON! PLEASE SOMEONE HELP!!! IM SO CONFUSED!!! SHOW ME STEP BY STEP PLEASE! QUESTION IS IN PICTURE BELOW! Why did the Populists believe that Macunes sub Treasury Plan was necessary? the prince men will forget if you killed their kin, they'll never forget if you've stolen their land or means of living What is one of the most effective ways that artists create space in two-dimensional art?A) shapeB) lineC) formD) perspective According to the World Bank, GDP per capita ________ in the least corrupt countries than in the most corrupt countries.A. is roughly the sameB . is more than 50 percent lessC . is twice as highD .is more than 10 times higher b. Measure the length of the side DF. c. Measure the height of the triangle, XF. d. Describe in words the locus of the point that is 2cm from E and draw this onto your diagram.e. Use compasses to bisect the angle D. You must leave your construction arcs in. Which of the following statements is incorrect: a. sales of used cars, existing homes and other second-hand goods are not included in GDP. b. GDP measures the market value of final goods and services produced in a country during a given time period. c. the valued-added approach avoids double counting when GDP is measured.d. GDP measures the value of all market and non-market goods and services produced during a given time period.