The yield to maturity for the bond with a price of $736.84 and 5 years to maturity is approximately 14.60%. Therefore, the correct answer is option C, 14.60%.
Finding the discount rate that compares the present value of the bond's future cash flows to its current market price is necessary to determine a bond's yield to maturity (YTM). In this case, we are given the coupon rate, par value, current yield, and years to maturity.
The current yield is determined using the following formula:
Current Yield = (Annual Coupon Payment / Price) * 100.
We know:
Coupon rate = 7.00% (semiannual coupon)
Par value = $1,000
Current Yield = 9.50%
Years to maturity = 5
To solve for the price, we can rearrange the formula as follows:
The price is equal to (Annual Coupon Payment / Current Yield) * 100.
First, let's calculate the annual coupon payment:
annual coupon payment = Par value * Coupon Rate
= $1,000 * 7.00% = $70 is the annual coupon payment.
Now, substitute the values into the formula to find the price:
Price = ($70 / 9.50%) * 100 = $736.84.
With the price of $736.84, we can use a financial calculator or approximation methods to calculate the yield to maturity. Since none of the provided options match the correct yield to maturity value, we can use an approximation method like the trial and error method or a financial calculator.
Using a financial calculator or approximation methods, the yield to maturity for the bond with a price of $736.84 and 5 years to maturity is approximately 14.60% (rounded to two decimal places). Therefore, the correct answer is option C, 14.60%.
To know more about yield to maturity refer here:
https://brainly.com/question/32753904#
#SPJ11
Complete Question:
You own a bond with a par value of $1,000 and a coupon rate of 7.00% (semiannual coupon). You know it has a current yield of 9.50%. What is its yield to maturity? The bond has 5 years to maturity.
Current Yield = (annual payment / price). (hint: solve for price to answer the question).
A. 14.79%
B. 15.30%
C. 14.60%
D. 15.92%
E. 13.40%
Dripolator purchases raw coffee beans and then roasts, packages, and sells them. The company is focusing on freshness and quality, as well as on expanding its markets. Which metric would be most appropriate for Dripolator to focus on for the financial perspective of the balanced scorecard
Answer:
Annual percent increase in contribution margin
Explanation:
The financial perspective would use a financial metric such as the annual percent increase in contribution margin. The number of employees being trained in grading coffee beans is a learning and growth perspective, the number of packaging defects is an internal perspective, and increased customers in the southeast region is a customer perspective.
The demand for financial capital increases when _________________ increases
The demand for financial capital increases when investment opportunities increase.
This is because businesses need financial capital in order to make investments and expand their operations. As more investment opportunities become available, the demand for financial capital also increases. This is a basic principle of economics, as businesses need financial capital in order to grow and take advantage of new opportunities.
In addition, the availability of financial capital can also impact the level of investment opportunities in an economy. If financial capital is scarce, businesses may not be able to access the funds necessary to take advantage of profitable opportunities, which could limit economic growth
If you need to learn more about financial capital, click here
https://brainly.com/question/14814792?referrer=searchResults
#SPJ11
A 15-year monthly-payment mortgage loan for $250,000 is offered at a nominal rate of 6% convertible monthly. (a) Find the monthly loan payment. (b) Find the total amount of interest to be paid over 15 years. (c) Find the outstanding balance of a loan after 5 years by the prospective method. (d) Find the outstanding balance of a loan after 5 years by the retrospective method. (e) Find the amount of principal paid over the first 5 years. (f) Find the amount of interest paid over the first 5 years.
The monthly loan payment is approximately $2,037.27, the total amount of interest to be paid over 15 years is approximately $266,307.60, the outstanding balance of the loan after 5 years is approximately $195,878.57.
Using the formula for monthly payment on a mortgage loan:
\(P = L[c(1 + c)^n]/[(1 + c)^{n - 1}]\)
where P is the monthly payment, L is the loan amount, c is the monthly interest rate, and n is the number of payments.
Plugging in the values:
\(P = 250000[0.005(1 + 0.005)^{180}]/[(1 + 0.005)^{180 - 1}]\\P =$2,037.27\)
Therefore, the monthly loan payment is approximately $2,037.27.
The total amount of interest to be paid over 15 years is:
Total interest = (Monthly payment x Number of payments) - Loan amountTotal interest = ($2,037.27 x 180) - $250,000Total interest = $266,307.60Therefore, the total amount of interest to be paid over 15 years is approximately $266,307.60.
To find the outstanding balance of a loan after 5 years by the prospective method, we need to calculate the number of payments made in 5 years:
Number of payments = (Number of years) x (Number of payments per year)Number of payments = 5 x 12Number of payments = 60Using the formula for outstanding balance by the prospective method:
\(B = L[(1 + c)^n - (1 + c)^p]/[(1 + c)^{n - 1}]\)
where B is the outstanding balance, L is the loan amount, c is the monthly interest rate, n is the total number of payments, and p is the number of payments made.
Plugging in the values:
\(B = 250000[(1 + 0.005)^{180} - (1 + 0.005)^{60}]/[(1 + 0.005)^{180 - 1}]\\B = $195,878.57\)
Therefore, the outstanding balance of the loan after 5 years by the prospective method is approximately $195,878.57.
To find the outstanding balance of a loan after 5 years by the retrospective method, we need to calculate the remaining number of payments:
Remaining number of payments = (Number of years left) x (Number of payments per year)Remaining number of payments = 10 x 12Remaining number of payments = 120Using the formula for outstanding balance by the retrospective method:
\(B = P[(1 + c)^n - (1 + c)^p]/c\)
where P is the monthly payment, c is the monthly interest rate, n is the total number of payments, and p is the number of payments made.
Plugging in the values:
\(B = $2,037.27[(1 + 0.005)^{180} - (1 + 0.005)^{60}]/0.005\\B = $168,125.43\)
Therefore, the outstanding balance of the loan after 5 years by the retrospective method is approximately $168,125.43.
The amount of principal paid over the first 5 years can be calculated by subtracting the amount of interest paid from the total payments made:
Total payments made = (Monthly payment) x (Number of payments made)
Total payments made = $2,037.27 x 60
Total payments made = $122,236.20
Interest paid over first 5 years = Total interest
Learn more about loan: brainly.com/question/20688650
#SPJ11
Your real income is Multiple Choice The amount of money you receive during a given time period. Measured in current dollars. The purchasing power of the money you receive. The same as your nominal income in times of high inflation.
Your real income is b. the purchasing power of the money you receive is your real income.
Income refers to the amount of money earned by a person or household, received by an individual or family through various means such as employment, investments, business ventures, or other sources of revenue. Income can be classified as real or nominal. Nominal income is the amount of money earned by a person or household in current dollar terms. Inflation can have an impact on nominal income.
Real income, on the other hand, refers to the purchasing power of the money earned, which is the amount of goods or services that can be purchased with the earned income. Real income is adjusted for inflation, which takes into account the changes in the cost of living and the value of the currency over time.The purchasing power of the money you receive is your real income.
Learn more about purchasing power at:
https://brainly.com/question/29614248
#SPJ11
With the information provided below can you fill out what’s supposed to be filled in?
Without a health care plan approved by the IRS, the total annual salary and payroll tax expense is:
Salary per year: $95,000
Payroll Tax Cost: $7,267.50 (7.65% x $95,000.00)
$102,267.50 is the total annual salary and payroll tax expense.
With an IRS-approved health care plan, the total annual salary and payroll tax expense is:
Salary per year: $95,000
Employer's Insurance Contribution: $1,800 ($150.00 multiplied by 12).
($95,000.00 - $1,800.00) = $93,200.00 is the total amount of wages subject to social security and Medicare taxes.
Payroll Tax Cost: $7,120.80 (7.65% x $93,200.00)
($95,000.00 + $1,800.00 + $7,120.80) is the total annual salary and payroll tax expense.
In order to lower the amount of salaries liable to social security, Medicare, and federal income taxes, the corporation has an incentive to apply for IRS approval of its health care plan.
Learn more about IRS at :
https://brainly.com/question/13246923
#SPJ1
Brooklyn is paid biweekly. Her annual salary is $63,700. What is her biweekly gross pay?
Brooklyn's biweekly gross pay, given the amount that she is paid annually, is $ 2, 450
How to find the biweekly gross pay?A person's biweekly gross pay is the amount that they are paid every 2 weeks that is not adjusted for taxes and other deductions.
In a year, the number of two week periods are :
= Number of weeks / 2
= 52 / 2
= 26 biweekly periods
The biweekly salary of Brooklyn is therefore :
= Annual salary / number of biweekly periods
= 63, 700 / 26
= $ 2, 450
Find out more on biweekly gross pay at https://brainly.com/question/28772792
#SPJ1
nike increased which account when it originally issued shares of its stock for cash?a.retained earningsb.treasury stockcmon stockd.revenues
When Nike originally issued shares of its stock for cash, it increased the common stock account. Here option C is the correct answer.
Common stock is a type of equity account that represents the ownership interest of the company's shareholders. When a company issues new shares of common stock, it is essentially selling a portion of its ownership to new shareholders in exchange for cash.
The proceeds from the sale of common stock are typically used to fund the company's operations, invest in new projects, or pay off debt. Unlike debt financing, which requires the payment of interest and principal, issuing common stock does not involve any obligation to make regular payments to investors.
The issuance of common stock also has an impact on a company's financial statements. For example, the increase in the common stock account is reflected in the balance sheet as an increase in shareholders' equity. Additionally, the issuance of new shares can dilute the ownership interest of existing shareholders, which can impact the company's earnings per share and other financial metrics.
To learn more about common stock accounts
https://brainly.com/question/24244175
#SPJ4
Complete question:
Nike increased which account when it originally issued shares of its stock for cash?
A. Retained earnings
B. Treasury stock
C. Common stock
D. Revenues
Accounting project 2.3.1 ap3x learning?
Answer:
Answer:
P (A or B)= 0.65
Explanation:
Step-by-step explanation:
Given
P(a) = 0.60
P(b) = 0.20
P(a and b) = 0.15
a. Profit-maximizing quantity produced under the excise tax equals profit-maximizing quantity under the profit tax. b. Profit-maximizing quantity produced under the excise tax is higher than profit-maximizing quantity under the profit tax. *c. Profit-maximizing quantity produced under the excise tax is lower than profit-maximizing quantity under the profit tax. d. Profit-maximizing quantity produced under the excise tax and profit-maximizing quantity under the profit tax cannot be compared
The correct answer is: *c. Profit-maximizing quantity produced under the excise tax is lower than profit-maximizing quantity under the profit tax.
Under an excise tax, the tax is levied on each unit of output produced, which increases the marginal cost of production. As a result, firms will reduce their quantity produced to minimize the impact of the tax on their profits. In contrast, under a profit tax, the tax is based on the firm's overall profits, not the quantity produced. Therefore, firms may choose to produce a higher quantity to maximize their profits since the tax burden is not directly tied to each unit produced. Consequently, the profit-maximizing quantity produced under an excise tax is generally lower than the profit-maximizing quantity under a profit tax.
Learn more about marginal cost here:
https://brainly.com/question/14923834
#SPJ11
During the proofreading task of the completion stage of a business message, be sure to
O add hyperlinks to change the style of the message.
Oplan the printing and distribution of the message.
O rewrite to clarify any confusing content.
O review for errors in writing, design, and layout.
How do I Identify ways in which local businesses apply the marketing concept domestically and abroad and determine how it affects the business customers?
Invest in sponsored social media marketing campaigns or run Face-book banner advertising. Retargeting advertising should be used for prospects who have already visited your website. Customers social media contests to attract new clients.
Promote your products on the radio or television. International marketing is vital since it exposes your company to a bigger, global audience. On a brand level, foreign marketing provides opportunities for improved exposure, product awareness, and sales. Local marketing Customers is when you market your business to people within a certain geographical radius, such as those in your neighborhood or city. By focusing on a single area, you can begin to raise awareness of your products and services in the market that is nearest to you.
To learn more about marketing, click here.
https://brainly.com/question/13414268
#SPJ1
Suppose a tax of $1 per unit is imposed on a good. The more elastic the supply of the good, other things equal, the.
Suppose a tax of $1 per unit is imposed on a good. The more elastic the supply of the good, other things equal, the the larger is the deadweight loss of the tax.
What Is a deadweight loss of taxation?The measurement of loss brought on by the introduction of a new tax is referred to as the deadweight loss of taxation. This is the outcome of a new tax that is higher than what is typically paid to the taxing body of the government. A tax's impact on consumer surplus is known as "deadweight loss."
The amount of money the government makes when a tax is imposed on a good is exactly equal to the surplus that the tax causes to be lost by consumers and producers. A deadweight loss occurs when supply and demand are out of balance, leading to market inefficiencies. Deadweight losses are generally caused by an inefficient resource allocation that is brought about by a variety of interventions, including price floors, ceilings, monopolies, and taxes.
To learn more about deadweight loss of the tax, visit:
https://brainly.com/question/22420162
#SPJ4
The complete question is:
Suppose a tax of $1 per unit is imposed on a good. The more elastic the supply of the good, other things equal:
a. the smaller is the response of quantity supplied to the tax.
b. the larger is the tax burden on sellers relative to the tax burden on buyers.
c. the larger is the deadweight loss of the tax.
d. All of the above are correct
Scientific management is the study of work methods to improve the productivity of _____.
A.accounting practices
B.the supply chain
C.individual workers
D.external vendors
Answer:
C. Individual workers
Explanation:
Which of the following is NOT part of the promotional mix?
Question 20 options:
Physical Distribution
Public Relations
Advertising
Sales Promotion
Answer:
A- Physical Distribution
Explanation:
Advertising.Public relations or publicity.Sales promotion.Direct marketing.Personal selling.Physical Distribution is part of marketing mix therefore it is A.
RM Motors, a manufacturer of model metal vehicles, has the following total cost schedule. What is the value of the firm's fixed costs?
Q; Total Cost
0, 100
2, 175
3 205
4, 245
5, 310
To determine the value of the firm's fixed costs, we need to identify the cost that does not change with the level of output (Q). In this case, the fixed costs remain constant regardless of the quantity produced.
Looking at the given data, we can observe that the total cost increases as the quantity (Q) increases. However, the difference between the total costs for different levels of output is not consistent, which suggests the presence of variable costs.
To isolate the fixed costs, we can look at the total cost when the output is zero (Q = 0). According to the data provided, when Q = 0, the total cost is $100. This means that even when no units are produced, the company incurs a cost of $100. Therefore, the value of the firm's fixed costs is $100.
Fixed Costs = Total Cost at Q
= 0
= $100
The value of RM Motors' fixed costs is $100. These costs remain constant regardless of the quantity produced.
To know more about fixed costs visit :
https://brainly.com/question/30057573
#SPJ11
Cost-push inflation is caused by
increasing input prices. Which of the
following would NOT contribute to
increasing input prices?
A. expansionary monetary policy
B. a sharp decrease in the supply of oil
C. a sudden decrease in access to coal
Limited Liability Companies. John, Lesa, and Trevor form a limited liability company. John contributes 60 percent of the capital, and Lesa and Trevor each contribute 20 percent. Nothing is decided about how profits will be divided. John assumes that he will be entitled to 60 percent of the profits, in accordance with his contribution. Lesa and Trevor, however, assume that the profits will be divided equally. A dispute over the profits arises, and ultimately a court has to decide the issue. What law will the court apply? In most states, what will result? How could this dispute have been avoided in the first place? Discuss fully
1.The court will likely apply the default rules established by the state's LLC statute in the absence of a specific agreement between the members.
2.In most states, the court will likely rule in favor of Lesa and Trevor's assumption that profits will be divided equally, as this is the default rule in the absence of a specific agreement.
3.To avoid this dispute in the first place, the members should have created a comprehensive operating agreement that addresses how profits will be divided among the members.
1.These default rules typically provide that profits are distributed equally among the members regardless of their capital contributions, unless the operating agreement provides otherwise.
2.John's assumption that he will be entitled to 60% of the profits based on his capital contribution will not hold up unless there is a provision in the operating agreement that specifically provides for such a distribution.
3. The operating agreement should have been drafted with the assistance of an attorney to ensure that it is legally binding and enforceable. The agreement should have explicitly stated how profits will be distributed among the members, taking into account their capital contributions, as well as any other factors that the members deem relevant.
By creating a well-drafted operating agreement, the members could have avoided the uncertainty and expense of litigation, and they could have ensured that their respective rights and obligations were clearly defined. The operating agreement could have also provided for dispute resolution mechanisms, such as mediation or arbitration, to address any future disputes that may arise among the members.
Click the below link, to learn more about law:
https://brainly.com/question/6590381
#SPJ11
We've Come a Long Way From Where We Began
Answer:
oh ill tell you all about it when i see you again
Explanation:
which feature should be used prior to finalizing a presentation to ensure that the audience members with disabilities will be able to understand the message that a presenter is trying to get across
Answer:
B: Accessibility Checker
Explanation:
John told his sister Susan that money must be able to pass from hand to hand without being easily destroyed. John is describing which feature of money?
Answer:
B) Durable
Multiple-choices
A) Portable B) Durable
C) Divisible
D) Acceptable
Explanation:
Durability is a vital feature of money. It refers to the ability of money to be used over and over again. Durability implies that money should withstand wear and tear for a long duration. Because money is meant to circulate without limitations, it should be made to last for a considerable period. Printing of money is an expense. To save on this cost, both notes and coins should be made durable.
two rivers that helped China develop
primero el rio Amarillo (Huang He) en el norte, y más tarde el Yangtze en el sur.
long-term investments are held for all of the following reasons except to a.reduce expenses b.stabilize the supply of resources c.meet current cash needs d.improve operations by making changes to management
Long-term investments are held for all of the following reasons except to meet the current cash needs.
The long-term investments tend to signify the long term benefits which await the investors. Here, their objective is not to sell the investments held in a short period but to only use them for future needs. Thus, like this it generates a steady amount of regular income for the company.
As the long-term investments are assets which a company intends to hold for more than a year, so this is the reason they cannot be met in order to fulfill the current cash needs.
Hence, option C is correct.
To learn more about investment here:
https://brainly.com/question/26445145
#SPJ1
suppose a bank has excess reserves of $50 and that the reserve ratio is 20%. if roderick deposits $5,000 in his checking account, and the bank lends $2,500 to nia, the money supply:
Money in circulation, including cash, coins, and account balances, is collectively referred to as the "money supply." Both deposits and cash that can be accessed virtually as easily as cash are roughly included in the money supply.
Measures of the money supply have occasionally shown quite close correlations with significant economic factors including the nominal gross domestic product (GDP) and the level of prices. Some economists, Milton Friedman being the most well-known example, have argued that the money supply offers vital information about the near-term direction of the economy and affects the level of prices over time in the long run.
This argument is based in part on these relationships. Measures of the money supply have occasionally served as a crucial benchmark for central banks, like the Federal Reserve, when implementing monetary policy.
In the given question, since, the bank lends $2,500 to Nia, therefore, the money supply in the economy would increase by $2,500.
Learn more about Money Supply here: https://brainly.com/question/28121138
#SPJ4
Disclaimer: Your question is incomplete. Please write the complete question by looking over the internet.
Who owns most property resources in a command system?
a. individuals
b. society
c. government
d. firms
The owner of most property resources in a command system is the government
What is a command system of the economy?
Command system of economy is a type of economy system where the resources and factors of production are owned and controlled by the government with little or zero private participation rate.
It is different from free enterprise where all economic decisions and ownership are all concentrated in the hands of private wealthy individuals and firms
Find out more about command system on:https://brainly.com/question/20756253
#SPJ1
Why very few subsistence economies exist today
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
a 2009 chevrolet model has more horsepower than the 2008 version and is included in the bls basket of goods. bls attempts to account for this change in the market basket by
The BLS attempts to account for the change in horsepower between the 2008 and 2009 Chevrolet models that are included in the basket of goods by updating the price and quantity data for both years.
The 2009 Chevrolet model, with more horsepower than the 2008 version, is included in the BLS (Bureau of Labor Statistics) basket of goods.
To account for this change, BLS employs a technique called quality adjustment. This method involves calculating the difference in cost attributable to the increased horsepower and adjusting the price index accordingly.
By doing so, BLS ensures that the Consumer Price Index (CPI) accurately reflects the improvement in product quality, rather than just a price increase. This way, the CPI better represents the actual cost of living and helps maintain the accuracy of inflation measurements.
Learn more about CPI at https://brainly.com/question/14595085
#SPJ11
What is one major function of retail banks?
A. Keeping all deposits in reserve at all times
B. Offering loans that use car titles as collateral
C. Providing credit and debit cards to customers
D. Managing the payroll of major corporations
SUBMIT
Answer:
The role of retail banking is to help individual consumers manage their money, gain access to credit, and deposit their money in a secure way.
Explanation:
Providing credit and debit cards to customers is a major function of retail banks. Hence, the correct answer is option C.
What are retail banks?Retail banks are financial institutions that provide banking services to individuals and small businesses. These services include deposit accounts, such as savings and checking accounts, as well as loans, mortgages, credit and debit cards, and other financial products.
Providing credit and debit cards to customers is a major function of retail banks because it allows customers to make purchases without the need for cash and helps facilitate online and mobile payments. Credit and debit cards also generate revenue for retail banks through fees and interest charged on balances, making them an important source of income for banks.
Hence, providing credit and debit cards to customers is a major function of retail banks. Therefore, the correct answer is option C.
Learn more about retail banks, here:
https://brainly.com/question/29797792
#SPJ5
What are some characteristics of social enterprises
Answer:
see below
Explanation:
Social enterprises participate in commercial activities to solve social problems, improve communities' well-being, and better the environment. They make money through normal trading activities.
Some characteristics of social enterprises include
1. They have a mission to serve the community by initiating and supporting social, environmental, cultural, and economic programs. Social enterprises are not entirely driven by profits but have social missions to achieve.
2. Social enterprises generate the majority of their income through business activities. They are self-reliant as the selling of goods and services is their primary source of revenue.
3. A big proportion of the profits generated by social enterprises is invested in community projects. Social enterprises use profits to achieve their social objectives.
Select the correct answer.
From the following balances of Casper Inc., calculate the free cash flow of Casper Inc.
From the given balances of Casper Inc., the free cash flow of Casper Inc. can be calculated as $917,000. Hence the correct option is c.
Give a brief account on free cash flow.Free cash flow (FCF) refers to the cash a company generates after accounting for cash outflows in order to support its business and maintain its fixed assets. Unlike earnings and net income, free cash flow is a measure of profitability, excluding non-cash expenses on the income statement and including spending on equipment and assets, and changes in working capital from the balance sheet. increase.
Free cash flow = Net operating profit after taxes - Net investment in operating capital.
Net operating profit after taxes = Cash flow from operating activities
Net investment in operating capital = Sale of machinery + Dividend paid
Free cash flow = 1,000,000 - (30,000 + 53,000)
Free cash flow = 1,000,000 - 83,000
Free cash flow = $ 917,000
To know more about Free cash flow, visit:
https://brainly.com/question/14762501
#SPJ1
is 6 ft greater than 72 inches