ABC Company issues a 3-year bond with a $1,000 Face Value and a 5% Coupon Rate, with coupons paid once a year at the end of every year. It is now the beginning of its second year and the first coupon has already been paid. Banks are now giving 4% interest for deposits. The Bond's Market Value is $913. What is the bond's yield to maturity?

Answers

Answer 1

Answer:

yield to maturity = 9.78%

Explanation:

yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / n]]

YTM =  {$50 + [($1,000 - $913) / 2]} / [(($1,000 + $913) / 2]] = $93.50 / $956.50 = 0.09775 = 9.78%

The yield to maturity represents the total rate of return that an investor should receive if he/she holds a bond until it matures.


Related Questions

Its Veterans day
Who is a Veteran.

Answers

my dad is a veteran

Answer:

veterans

Explanation:

Jerry is a student and is currently on a summer job. He hopes to save $2,000 for his short-, medium and long-term goals. Which of the following
is a long-term goal?
O A allocating funds for paying off his student loan
OB.
allocating funds for buying a house
OC. allocating funds for buying books for his next semester
OD
allocating funds for buying a new laptop

Answers

Answer:

OD

allocating funds for buying a new laptop

Explanation:

or A

One of the purposes of studying economics is to understand the

Answers

Answer:

Individuals, businesses and governments are all faced with making choices in situations where resources are scarce. This is where a knowledge of Economics is vital. Economics applies to most aspects of everyday life. By studying Economics you will examine topics of obvious importance to human well-being.

Explanation:

Answer:

D: principles that influence the production of goods and services.

Explanation:

on edge! hope this helps!!~ (゜▽゜;)

Martine developed a filing system to keep track of potential and current customers. Which qualification has she demonstrated?

critical thinking
problem solving
organization
computer skills

Answers

Organization

Explanation: she developed the filing system which is a way of organizing the costumers that come in.

I hope this helped! ^^

Answer:

C. Organization

Explanation:

:)

helloooooooooooooooooooooooooooooooooooo

Answers

Answer:

hi

Explanation:

Answer:

Heyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy

Explanation:

A wedding party hired a sole proprietorship to cater their wedding. In this situation the sole proprietorship is a partnership, and the employee who handled the job is a partner. The entire wedding party gets food poisoning. If the partner who mishandled the food knew the bride and was jealous of her marriage so he used roach killer instead of lemon juice in the frosting, the other partner would still be liable.

True
False

Answers

Answer:

False

Explanation:

A sole proprietorship is owned and managed by a single person. The owner is responsible for all the decisions and actions of his or her business. The owner may hire workers to assist in running the business. The workers remain workers and not partners in the business.

The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.

Which type of money does the diagram best describe?
? Money
Has value because of its materials
Has been common throughout history
Includes gold and silver coins
A. M1
B. Fiat
C. Representative
D. Commodity

Answers

The type of money described in the question is known as commodity money.

What is commodity money?

Money is anything that is generally accepted for the exchange of goods and services and for the repayment of debt. Commodity money is a type of money that has value in itself. Examples of commodity money is gold and silver.

To learn more about commodity money, please check: https://brainly.com/question/1023092

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Answer: commodity

just took the test

What is location analysis

Answers

Answer:

Location analysis is a technique for discovering, assessing and specifying the optimal placement of an organization's people, information, activities, and materials.Location models are key in performing location analysis by providing a well-documented common vision of current and desired location arrangements.

onomics-CPB 2020
Match each occupation with its 2016 employment number, as listed in the previous article.
3,452,200
Office Clerks
4,602,500
Registered Nurses
3,555,500
General Combined Food Preparation and
Serving Workers, Including Fast Food
2,955,200
Cashiers
3,117,700
Retail Salespersons
Correct
Intro
Final

Answers

Answer:

Cashiers - 3,550,500

Retail - 4,602,500

Office Clerks - 3,117,700

General Combine Foods - 3,452,200

Registered Nurses - 2,955,200

Explanation:

I just took it and got them right

Answer:

Cashiers - 3,550,500

Retail - 4,602,500

Office Clerks - 3,117,700

General Combine Foods - 3,452,200

Registered Nurses - 2,955,200

Explanation:

I just took it and got them right

write me a 8 sentence pitch or more for a donut shop

Answers

Answer:

come down to our donut shop. please come down and get some donuts. we sell the best donuts here. thank you for your consideration.

we hope you enjoy our donuts.

Explanation:

haha

When the price is $12 the quantity demanded is 50. When the price increases to $24 the quantity demanded decreases to 30. Calculate the price elasticity of demand.

Answers

Answer:

PED = -0.4 or |0.4| in absolute terms

Explanation:

price elasticity of demand (PED) = % change in quantity demanded / % change in price

% change in quantity demanded = [(30 - 50) / 50] x 100 = -40%% change in price = [($24 - $12) / $12] x 100 = 100%

PED = -40% / 100% = -0.4 or |0.4| in absolute terms

the demand is price inelastic since |0.4| < 1

this means that the change in quantity demanded is proportionally less than the change in price.

What are the functions and duties of a commission agent?

Answers

A commission agent works for businesses of all sizes as a middleman between companies and vendors. A person in this role can work in many industries, from real estate to sales and entertainment, and in many parts of the world. A commission agent can also work for more than one business at a time.

How can avoiding speeding tickets affect an automobile insurance policy?
O It can make it hard to file a claim.
O It can help keep premiums down.
O It can raise the price of premiums.
O It can make it difficult to share risk.

Answers

it can help keeps premiums down.

The avoidance of speeding tickets can affect an automobile insurance policy as It can help keep premiums down.

What is speeding ticket?

The term speeding ticket is known to be a form of ticket that is written as a  piece of paper that is said to be given only by a police officer to a person who was fount to be driving too fast and that tells the given amount of  fine that the driver will pay.

Note that when there is low rate or an avoidance of speeding tickets, it can influence an automobile insurance policy as It can bring about a reduction in premiums.

Learn more about speeding tickets from

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IS THE BRAIN REAL? BRAINLIEST FOR BEST ANSWER

Answers

Answer:

yuh

Explanation:

21  100% right

Explanation:

brunomendez878788cano​

Answers

Answer:

what does that mean i even tryed to look it up but it says

Explanation:

When Christina looked at the tag on the dress she just purchase, she noticed it said "Made in Korea". By purchasing this dress, Christina is participating in the global economy.

Answers

Answer:

True

Explanation:

From the question, We are informed that when Christina looked at the tag on the dress she just purchase, she noticed it said "Made in Korea". By purchasing this dress,

In this case Christina is participating in the global economy. Global economy can as well be regarded as "world economy" which is an economic system where there is economic activities between different nation and within nations . Economic activities could be in term of production, exchange of financial values as well as consumptions, trading of various goods among nations.

Answer:

i think its true

Explanation:

im sorry if im wrong

which of the following is NOT included on a check

Answers

Answer: Name date amount of money

Explanation: Your welcome

What records will be displayed by a query that has an Is Null criterion for the Last Name field?
records with values that don't meet the validation rule for the field
O records that have misspellings in the Last Name field
O records that don't have a value entered for the Last Name field
records with duplicate values in the Last Name field

THE ANSWER IS C

Answers

Answer:

the answer is c lol bc I said so

its b

don't believe me ight im chillin

Write one to two paragraphs explaining the importance of the seven marketing functions. Include examples to illustrate your points.

Answers

Answer: See explanation

Explanation:

The seven functions of marketing include:

1. Marketing Information Management: This helps an organization to understand what the customers need. Information can be gathered through the review of market research reports, social media, feedback from sales team.

2. Distribution: An organization's distribution strategy helps the customers to know where to get the product or the company. Marketing helps in the distribution of goods and services to ones customers.

3. Pricing: Pricing plays a role in the success of a particular product. Marketing helps one to be aware of the pricing strategy to use in order to have a competitive edge over ones rivals.

4. Product/Service Management: Marketing is vital for the development of a product as the information gotten from customers can be used to incorporate in new products.

5. Promotion: Through marketing, prospective customers can be made aware of a particular product through promotional activities.

6. Sale - Marketing aids sales as it brings about an increase in the volume of goods sold to the public and also on ways to improve the product through feedbacks.

7. Financing: Successful marketing gives revenue to a business and help in strengthening the loyalty of customers and help in gaining new customers.

which of these is an example of separation of powers?

the president enforces a law passed by congress.
representatives hold hearings to hear public opinion.
representatives rewrite a bill in committee meetings.
the president fires a cabinet member who is performing poorly.

Answers

I would say The president  enforcing a law passed by Congress is an example of separation of powers.

Which of the following elements are included on the hierarchy of hazard control?
Select all that apply.

Implementing engineering controls


Eliminating hazards


Substituting hazards


Implementing administrative controls


Selecting and using PPE

Answers

The components that are included in the hierarchy of hazard control would be:

A). Implementing engineering controls

B). Eliminating hazards

C). Substituting hazards

D). Implementing administrative controls

E). Selecting and using PPE

The hierarchy of hazard control consists of five steps:

Elimination.Substitution.Engineering controls.Administrative controls.Personal Protective Equipment.

As per the question, all the given components are included in the various levels of hazard control.

The elimination stage aims to remove all the potential hazards while substitution involves replacing the threats with a safer alternate. While engineering controls and PPE refer to the administration of protective layers for safeguarding the workers from any dangers. The administrative controls involve alteration in the process for work, training, supervision, etc. so that the dangers can be minimized.

Learn more about 'Hierarchy of hazard control' here:

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Dr. Peabody paid $213 for repairs to his dental equipment. Which of the following statements is true?
A. Cash is debited $213; repairs and maintenance expense is credited $213.
B. Cash is credited $213; repairs and maintenance expense is credited $213.
C. Cash is debited $213; repairs and maintenance expense is debited $213.
D. Cash is credited $213; repairs and maintenance expense is debited $213.

Answers

Answer:

D. Cash is credited $213; repairs and maintenance expense is debited $213.

Explanation:

In double-entry accounting, transactions that reduce assets such as cash are credited while those that increase assets are debited.

By paying for repairs services, the amount of cash at hand reduces by $213. Because cash is an asset, the cash account will be credited( reduced)  by $213.

Repairs and maintenance expense account is an expense account as the name suggest. As a rule, transactions that increase expenses are debited. In this case, Mr. Peabody will debit( increase) the repairs and maintenance account by $213.

if the price level is set at 35 margin points, what percentage will be earned on each unit sold?

Answers

Answer: 35%

Explanation:

Margin points are the amount above cost price that a good is being sold for and each point represents a percentage. If it is said that a good is being sold at 35 margin points, it means that it is being sold at 35% above the cost price of the good.

For instance, if a good cost $40 to purchase and you want to sell it at 35 margin points, your selling price is;

= 40 * ( 1 + 35%)

= $54

How does pay for Finance workers compare to that of other industries?
It is about the same as most other industries.
It is low compared to other industries.
It is good compared to other industries.
O It is inconsistent with that of other industries.

Answers

Answer:

c

Explanation:

Answer:

c

Explanation:

Select the statement below that BEST summarizes the text and supports your opinion. Are Pesticides to Blame for the Decreasing Population of Birds and Bees? Group of answer choices Using pesticides on farm crops may cause water pollution near the farms. Farmers need to use chemicals to produce greater amounts of food even if it means a decline in bird and bee populations. The use of pesticides to produce more crops may be causing the local birds and bees to decline in populations.

Answers

Answer: The use of pesticides to produce more crops may be causing the local birds and bees to decline in populations.

Explanation:

The statement below that best summarizes the text and supports the opinion is that the use of pesticides to produce more crops may be causing the local birds and bees to decline in populations.

Option A is not correct as the text isn't talking about water pollution which was being referred to in option A.

Option B didn't really specify the chemical that was being used. Therefore option B is incorrect.

Option C is the correct answer.

3. Describe through the use of T accounts the birth & growth of the Wahoo Bank

Answers

Answer:

Describe through the use of T accounts the birth & growth of the Wahoo Bank is explained below in detailed explanation.

Explanation:

Equipoise T-accounts is one of the more complex and mind gobbling something for many accounting scholars. In this lesson, we're going to discover specifically how to balance a T-account. Surely, by the time you've completed this exercise, this action will be more relaxed for you than ever since. The last portion of the T-account that we require to meet is its amount. An account’s amount is the value of that object at a precise point in time.

In a T-account, we determine the balance of the matter at the origin of the term (month or year) and the conclusion of the period.

A Venture Capital Analyst gives money to new companies, so they can have
ownership of that company.

True or false

Answers

Answer:

False

Explanation:

Venture partners only tend to be compensated via carry interest, which is a percentage of the returns that funds make once they cash out of investment opportunities. Thus, they help no ownership whatsoever.

Un mito de 2 parrafos con su dibujo sobre los habitos saludables que debemos asumir para estar sanos, y tengo que colocar todos los pronombres personales

Answers

En la madrugada del martes pude ver una escena curiosa, pero muy ennoblecedora que cambió por completo mi percepción del universo. No pude dormir y decidí salir a caminar por la casa de mi familia, tal vez un poco de aire fresco y en medio de la naturaleza me vendría bien. Me puse un abrigo y me fui. Hacía frío, casi helado, pero era agradable. En medio de mi caminata miré a mi alrededor y vi una luz verde que venía de la región donde habíamos plantado un huerto. Corrí hasta allí y me asombré cuando vi que de las lechugas salían pequeñas hadas brillantes. Me acerqué para escuchar lo que decían.

La primera hada dijo: "¡Oh! Pensé que nunca saldríamos a tiempo. Chicas, tenemos que encantar estas verduras antes de que los humanos se despierten. Sabes que estas verduras necesitan estar bien nutridas para que los humanos sean fuertes y saludables. nosotros vamos a organizar el trabajo. Tú, Juanita, traes todos los nutrientes del caldo. Mientras ella hace esto, le daremos brillo a las hojas para que las verduras sean muy bonitas, para atraer a los humanos. ¡No tenemos tiempo que perder! "

Las hadas empezaron a trabajar a una velocidad impresionante. Cuando terminaron su trabajo, desaparecieron como por arte de magia. Regresé a mi habitación con la sensación de que debía honrar el trabajo de las hadas, comiendo las verduras que tanto trabajaron para estar saludables.

When something is grown and harvested in the same country it is distributed in, it can be considered what?
capital
international
duties
domestic

Answers

Answer:

domestic

Explanation:

In business, domestic refers to the home country of the producer or consumer. The domestic market is the market within the borders of the seller's country.  Domestic contrasts with international, which refers to beyond the borders of a country.

Products that are produced and distributed within the country are domestic products. They are often referred to as local products. Domestic goods become exports if sold outside the borders of their country of origin.

Let's take a look at precipitation over the course of a year in High Springs ( a small town north of Gainesville, near the Sante Fe River). (Please note that they start the year at O - October.) Which statement best describes the center for the boxplots?

Answers

Answer:

- The medians for the summer months of June, July, August, and September are higher than for the other months.

Explanation:

The statement prescribing 'the medians within the months of summer June, July, August, and September are higher in comparison for the other months' correctly describes the halfway for the boxplots. This displays that the precipitation during these months due were higher due to the high temperature and intense water cycle.

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State the class width for the class interval 20-29? Michael got a $50 gift card to an online music store. She uses the gift card to buy an album for $9.99. She also wants to use the gift card to buy some songs. Each song costs $1.29. Which of these inequalities describes this situation, where n is the number of songs Michael wants to buy? pls help this was due 3 minutes ago!!!! Select the correct answer from the drop-down menu to complete the sentence based on "America."McKay primarily uses the figurative language device of _____ in "America."HyperboleSimilePersonification Graph this line using the slope and y-intercept:y = x + 2Click to select points on the graph. can u help me with this asap The following information pertained to Azur Co. for the year: Purchases 102,800 Purchase discounts 10,280 Freight-in 15,420 Freight-out 5,140 Beginning inventory 30,840 Ending inventory 20,560 What amount should Azur report as cost of goods sold for the year?a. $118,220.b. $102,800.c. $123,360.d. $128,500. Cells need to bring in molecules to carry out cellular processes. Often, this requiresmoving the molecules across the cell membrane against the concentration gradient.How do these molecules get into the cell? Marcus and his family are planning a vacation that involves horse back riding. Horseshoe Ranch charges a $12.95 ranch entrance fee plus a $14.95 an hour to rent horses for horse back riding. Mary is going to rent a horse for 3 hours, how much will she spend? 3 x 2/5 *Three and one half times two fifths. which one is it .2 points10/1414/1035/44/35 What is the binary number for 26 HELP ASAP EMERGENCY NEED NOW BRAINLIEST 100 POINTS!A diagram showing two plates colliding, with one plate moving below the other. What type of plate boundary is illustrated in the image? What is the movement of one plate below another called? Is this statement true or false?People should wash hands thoroughly and clean work surfaces before preparing food.A. TrueB. False And when I got to New York way back then, I had other blowswhen they would not let me check into the good hotels because I was colored, or eat in certain restaurants. And then I went to Atlanta, and it was a horror to me. And I said to myself, My God, I am Josephine, and if they do this to me, what do they do to the other people in America? You know, friends, that I do not lie to you when I tell you I have walked into the palaces of kings and queens and into the houses of presidents. And much more. But I could not walk into a hotel in America and get a cup of coffee, and that made me mad. And when I get mad, you know that I open my big mouth. And then look out, cause when Josephine opens her mouth, they hear it all over the world.Identify one type of rhetorical devices used in paragraph and what sentence is it? HELP ME MAKE THIS BETTER. What problems does my everyday monster cause, who does it affect, and how can it be solved? Her everyday monster cause people to be mad and aggressive towards her. It affects people around her to become unable to control their anger so they end up being very upset and irritated at everyone and everything. The only way to solve her monster is for her to fall in love with someone then her monster will dissipate till the love ends. Which statement is evidence that the components of the genetic code are common to all organisms? A. All animals have the same four nitrogenous bases in common with each other.B. All eukaryotes have the same four nitrogenous bases in common with each other.C. All living organisms have the same four nitrogenous bases in common with each other. D. All prokaryotes have the same four nitrogenous bases in common with each other. PLEASE HELP ME! IN A DETAILED ANSWER IF POSSIBLE What are some of the issues that come with catching shrimp in the wild? What are some of the problems associated with fish farms? Which expression is represented by this model?1413=1121312=161416=1241412=18 What is the value of x? 4/5 x - 1/10 = 3/10 These are the answer choices.1/48/252/51/2 Opponents of the National Popular Vote proposal argue whose interests would not be represented anymore? CHECK ALL THAT APPLYCriminalsUnder age voters Registered votersLegal immigrants