Company A wants to issue 60 bonds. Each bond has a 7% coupon bond with semi-annual payments, a par value of $1000, 30 years to maturity, and a yield to maturity of 6.7%. How much will Company A receive when it sells the bonds

Answers

Answer 1

Company A receive when it sells the bonds $62, 314.54

What is yield to maturity?

The annualized return that a bond investor would get from keeping the bond until maturity is referred to as the “yield to maturity” (YTM) of a bond.

Face value $1000, Coupon rate 7%, 30 years to maturity, yield to maturity of 6.7%, frequency 2

Nper = 30×2 = 60 (indicates the remaining maturity period of bonds), Rate = 0.067/2 (indicates semi-annual YTM), PMT = 1000 7%1/2 = 35 (indicates the amount of semi-annual interest payment), FV = 1000 (indicates the face value of bonds), PV = ? (indicates the current price of the bond), Current Price of the Bond = PV(Rate, Nper, PMT, FV) = PV(0.067/2,60,35, 1000) = $1038.58

=$62, 314.54

Hence, $62, 314.54 is the correct answer.

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Related Questions

The branch of economics that examines the economy as a whole is called.

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The branch of economics that examines the economy as a whole is called Macroeconomics.

What is macroeconomics?

Macroeconomics studies the function of the entire economy of a nation, group of nations, or the world.

Microeconomics deals with individuals, households, organizations, and businesses as they interact within an economic system.

Thus, the branch of economics that examines the economy as a whole is called Macroeconomics.

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A Blank______ identifies the product or brand, the package contents, and other information like where the product was made, when, and by whom. Multiple choice question.

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Labeling identifies the product or brand, the contents of the package, and the data written on the product.

The second option is the correct answer.

What is a product?

Product is referring to the goods manufactured or services rendered by a company in the consumer market.

Labeling is one of the activities involved in the marketing of a product. In this process, a label is put on the product specifying the name of the product, its brand, the contents available, a manufacturing company, net weight, ingredients used, etc.

Question's missing part:

The options are given as follows:

1) Branding

2) Labelling

3) Packaging

4) Warehousing

Therefore, the labeling on the product is the correct answer from the provided options.

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A(n) __________ is one that appears to be an agreement but lacks an essential requirement for validity and enforceability. Multiple Choice executed contract valid contract enforceable contract void contract voidable contract

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A document that purports to be an agreement but does not include all necessary terms is known as a void contract. Therefore, choice 3 is right.

What do you mean by a contract?

A contract is defined as a commitment to do something between two or more parties. A loan arrangement between automobile purchasers and sellers is an illustration of a contract.

An arrangement between two persons to get married is an example of a contract.

A formal contract that is effectively void and unenforceable from the moment it is created is known as a void contract.

Hence, the correct option is Void contract to be filled in given blank

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In order to successfully carry out an acquisition, the managers at Pink Inc. prepared a list of potential target companies that it could purchase. In the next step, the managers evaluated each prospective company in depth to understand their methods of operations, processes, procedures, strengths, and limitations in order to choose the best target company. This process of evaluating the companies is best known as _________.

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This process of evaluating the companies for acquisition is best known as A. Due diligence.

What is corporate acquisition?

Corporate acquisition refers to the corporate act of taking over another company for business expansion and other strategic intents.

To make a successful acquisition, the acquiring company carries out due diligence by evaluating potential acquisition candidates.

Question Completion with Answer Options:

A. Due diligence

B. Market intelligence

C. Consultation

D. Market evaluation

Thus, this process of evaluating the companies for acquisition is best known as A. Due diligence.

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Research indicates that high-performance project teams are much more likely to develop under certain conditions. One of these conditions is that members are assigned to the project _______ time.

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Research indicates that high-performance project teams are much more likely to develop under certain conditions. One of these conditions is that members are assigned to the project manager.

High performance teams are composed of individuals with specialized expertise and complementary skills who are hyper focused and goal oriented on achieving clear and outstanding results

So the members are assigned to the project management. It is the process of leading the work of a team to achieve all project goals with the given constraints.

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Education and training of workers would best be categorized as:

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Education and training of workers would best be categorized as: human capita development.

What is human capita development?

This can be defined to be the investment in people. This type of investment is to offer them training that would ensure that they are able to get jobs that would make them self reliant.

Human capita development is very important in the growth and development of a nation.

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What is the reason for okazaki fragments being formed during dna replication

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The reason for Okazaki fragments being formed during DNA replication is to enable replication of the 3' - 5' (lagging) strand.

What is the Okazaki fragments  about?

Okazaki fragments is known to be created on the lagging strand and it is used for the synthesis of DNA in direction of  5′ to 3′ in line to the replication fork.

The reason for Okazaki fragments being formed during DNA replication is to enable replication of the 3' - 5' (lagging) strand.

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Ben, a trainer, meets his team to discuss the possibility of senior engineers training new engineers. He also meets the human resources director to see if she can offer training seminars and to examine the effect of increased work experience on training requirements. Which step of the rational model of decision making is Ben at

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The step of the rational model of decision-making that Ben is at is known as: Collecting and sorting Facts and or data.

What is Rational Model of Decision-Making?

The above-named model refers to a decision-making technique that allows the user to make logical decisions that are void of emotions.

Hence, it is correct to indicate that the step of the rational model of decision-making that Ben is at is known as: Collecting and sorting Facts and or data.

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In a _________________________ economy, the individuals and the government share in the economic decision-making process. These groups work togther to ensure economic development.

Answers

Answer:

I believe it's Command Economy

Explanation:

after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, the following will most likely occur

Answers

The next thing to occur would be B. the price level in the economy will rise and the money demand will decrease

What is Interest Rate?

This refers to the amount of money that is added to be paid back on the settlement of a loan.

Hence, we can see that after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, thus will cause the price level in the economy will rise and the money demand will decrease

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Most economists agree that the immediate determinant of the volume of output and employment is the

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Majority of the economists agree that the immediate determinant of the volume of output and employment is the level of total spending.

What is the total spending?

This refers to the sum of the price that is paid for products or services multiplied by the amount of each item purchased.

Hence, the economists most especially agree that the immediate determinant of the volume of output and employment in an economy is the level of total spending.

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the accompanying diagram depict's alex's demand for shoes. a. if shoes cost $50 a pair, how many pairs of shoes will alex buy?

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If shoes cost $50 a pair, the number of shoes she would buy is 5.

How many shoes will she buy?

The image shown is a demand curve. A demand curve shows the relationship between price and quantity demanded. Price is on the y-axis and quantity demanded is on the x-axis.

In order to determine the quantity demanded, trace $50 to the curve and trace it down to the x axis.

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Tammie was communicating to her employees the proper way to handle abuse in the workplace. one individual kept interjecting comments while tammie was speaking. this behavior is known as ______ and can be a serious barrier to effective communication.

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The behavior of Tammie when he was talking to employees and  one individual kept interjecting comments  is known as interruption and can be a serious barrier to effective communication.

What is an effective communication?

An effective communication is one whereby the speaker as well as the audience is able to communicate the message in an effective way.

It involves the audience to be able to receive the message the is been pass across without any barrier between the speaker and the audience.

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The management methodology of using a firm's strategy to generate operational targets for the business and measuring progress towards them using the firm's enterprise systems is called: Key Performance Indicators (KPIs). benchmarks. the balanced scorecard method. business intelligence. Business Performance Measurement (BPM).

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When management uses the firm's strategy to come up with operational targets this is called Business Performance Measurement (BPM).

What is Business Performance Measurement (BPM)?

This is a strategy that is employed to ensure that a company meets its overall strategic goals and targets.

It works by breaking down the firm's strategy into targets that can be achieved through operational means and then measuring the progress of these operations.

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Briefly analyse the role of the public manager by indicating his/her role in directing all resources towards achieving strategic objectives

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The role of the public manager is to plan, organize, direct and control organizational resources to achieve strategic objectives.

What are the responsibilities of public managers?

It is a professional responsible for managing resources in order to satisfy the needs of a public, as in governmental institutions whose objective is to promote public health and safety.

Therefore, a public manager must be able to analyze the needs and manage an organization effectively to achieve the objectives determined by planning.

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Changes in an individual's behavior resulting from previous experiences is:

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Changes in an individual's behavior resulting from previous experiences is: Learning.

What is learning?

This can be described as the changes that are evident in a person as a result of instructions that they received.

Learning is only said to have taken place when there is a difference between what was and what now exists.

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An adjusting entry is completed ________

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In accounting, an adjusting entry is completed at the end of the accounting period.

What is an adjusting entry?

This refers to the preparation of journal entry which occurs at the end of a reporting period to record any unrecognized income or expenses for the period.

Hence, the adjusting entry is completed at the end of the accounting period.

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Which of the following is the least profitable investment for a candy shop that earns $1 revenue per pound of candy? (5 points) Group of answer choices Worker at $10 per hour, producing eight pounds of candy per hour Worker at $12 per hour, producing 16 pounds of candy per hour Machine with $5 per hour operating cost, producing 10 pounds of candy per hour Machine with $8 per hour operating cost, producing 14 pounds of candy per hour

Answers

Answer:

d

Explanation:

it was on the test really simple

Answer:

Worker at 10 dollars per hour, producing 8 pounds of candy

Explanation:

Got it right on the test

If washburn guitars were to lower the price of the maya pro dd75 to $2,499 from $2,699, sales of the guitar would increase 30 percent. This illustrates:.

Answers

The effect of the decrease in the price of the guitars illustrates an elastic demand.

What does the price change illustrate?

The first step is to determine the percentage change in the price of the guitars.

Percentage change in price = (2499 / 2699) - 1 = -0.074 = -7.4%

Now, determine the price elasticity of demand =30 /  -7.4% = -4.1

The coefficient of elasticity is greater than 1 in absolute terms, thus the demand is elastic.

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Due to FX Company's poor financial performance, John received a decrease in both his pay and benefits. He received a job offer from BT Corp. that included a significant pay increase, but he turned it down because he felt morally obligated to remain with FX despite its financial troubles. John's feelings toward his organization are best characterized as:

Answers

John feeling's toward his organization is known as a normative commitment as he turned down a new job despite the current job's financial troubles.

What is a normative commitment?

This refers to when an employee believed he/she most stay committed to a particular target and most remain obligated in an organization.

Most time, the commitment exist in an employee when they feel a sense of obligation to the organization and want to pursue better opportunities.

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Multiple Choice Question Tresses, Inc., which has a December 31 year end, lent $1,000 on December 1 to an employee at 6% due in 6 months. When will Tresses record Interest Revenue? It will record ______. Multiple choice question. an adjusting entry on December 31 with a debit to Interest Receivable and credit to Interest Revenue for the interest generated in December a daily entry with a debit to Interest Receivable and credit to Interest Revenue for each day's interest generated interest earned on the payment date with a debit to Cash and credit to Interest Revenue for the 6 months of interest generated

Answers

Adjusting entry on December 31 with a debit to Interest receivable and credit to Interest Revenue for the interest generated in December.

What is an Adjusting entry?Adjusting entries and journal entries used in accounting and accounting to assign income and expenditure to the period in which they actually occurred. They are often made at the end of an accounting period. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for adjusting entries related to unearned and accrued revenues. Because they are done on balance day, they are occasionally referred to as balance day adjustments.Revenues and related costs are recorded in the same accounting period according to the matching concept of accrual accounting. The actual money, however, can be received or paid at a separate period.What is Interest receivable?The amount of interest that has been earned but has not yet been paid out in cash is known as interest receivable. Many organizations won't record this number because they believe it to be irrelevant.

Therefore, it will record an Adjusting entry on December 31 with a debit to Interest receivable and credit to Interest Revenue for the interest generated in December.

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Which sentence best completes the diagram?

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When the Federal Reserve lowers the interest on reserves the prime rate decreases

When the prime rate decreases the economy slows down and consumers start to restrict the purchase and industries curtail to expand Hence Federal Reserve decreases the reserve ratio so that consumers and businesses take more loans and the economy pace upWhen the Federal Reserve decreases the reserve ratio, it lowers the amount of cash that banks are required to hold in reserves, allowing them to make more loans to consumers and businesses. This increases the nation's money supply and expands the economy. As reduced finance costs can encourage borrowing and investing, the Federal Reserve reduces interest rates to promote economic growth. Rates, on the other hand, might encourage excessive growth and subsequent inflation when they are too low, which would lower purchasing power and jeopardize the sustainability of the economic development.

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Pam and Marian have formed a limited partnership in the state of Massachusetts. Their business does well, and as it continues to expand, they would like to transact business in New Hampshire and Connecticut as well. They file applications with the secretaries of state in New Hampshire and in Connecticut. If they are issued certificates of registration in New Hampshire and Connecticut, their business will be considered a ________ in those states.

Answers

If Pam and Marian are successful in their application to New Hempshire and Connecticut, they will get a Certificate of Registration.

What is a certificate of registration?

This is a legal document that is issued by the government of an area to show that a company can operate in the area because they have met the necessary requirements.

If Pam and Marian are cleared by the Connecticut and New Hampshire states, they will get Certificates of Registration.

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Which firm is most likely to be a natural monopoly?

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A pharmaceutical industry is most likely to be a natural monopoly

What are natural Monopoly?

A natural monopoly is a type of market that is established on a large scale basis.

It is mostly managed by an individual because of the running cost and the industry will supply goods related to them.

Therefore, A pharmaceutical industry is most likely to be a natural monopoly

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A firm experiences diseconomies of scale when it:

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A firm experiences diseconomies of scale when it: grows so large that the cost per unit has to increase.

What is referred to as diseconomies of scale?

This has to do with the fact that a business has become so large. When it grows to be so big, the cost for every unit would then have to raise.

Limited resources and infrastructure could be the reasons why there may be diseconomies of scale.

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A distribution of a company's accumulated prior earnings is a(n) ______.

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The distribution of a company's accumulated prior earnings is a dividend.

What are dividends?

Dividends are portion of money earned that are distributed to shareholders of such company.

These are offered mainly in form of cash and very crucial to shareholders for them to know the state of the finances of such business.

Hence we can conclude that the distribution of a company's accumulated prior earnings is a dividend.

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The intrinsic rate of the atriobventricular av bundle is beats/min

Answers

The intrinsic rate of the atriobventricular (av) node is 40 to 60 beats per minute (bpm).

What is the rate for beat for av?

The arteries and veins are medium of transportation of material and nutrients in the body.

They beats 40 to 60 times in a minutes to show activeness in an individual.

Therefore, the intrinsic rate of the atriobventricular node is 40 to 60 beats per minute (bpm).

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Transaction exposure reflects: a.the exposure of a firm's financial statements to exchange rate fluctuations. b.the exposure of a firm's cash flows to exchange rate fluctuations. c.the exposure of a firm's local currency value to transactions between foreign exchange traders. d.the exposure of a firm's international transactions to exchange rate fluctuations.

Answers

Most times, the transaction exposure reflects the exposure of a firm's international contractual transactions to exchange rate fluctuations

What is a transaction exposure?

This refers to the level of uncertainty that a firm involved in an international trade faces because of the risk that fluctuation of currency exchange rates presents.

Hence, its reflects the exposure of a firm's international contractual transactions to exchange rate fluctuations

Therefore, the Option A is correct.

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Your sister is thinking about starting a new business. The company would require $355,000 of assets, and it would be financed entirely with common stock. She will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an ROE of 13.5%. How much net income must be expected to warrant starting the business

Answers

The net income that must be expected to warrant starting the business is: $47,925.

Net income

Using this formula

Net income = ROE × Total equity

Let plug in the formula

Net income = 13.5% × $355,000

Net income = $47,925

Therefore the net income that must be expected to warrant starting the business is: $47,925.

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Which components can store logs on the check point secure management architecture? 2. What

Answers

The Security Management Server &  Security Gateway is the components that can store logs on the check point secure management architecture.

What is a secure management architecture?

This refers to the collection of strategies and tools that is intended to keep the organization information secure and safe.

Among other options, the Security Management Server &  Security Gateway is the components that can store logs on the check point secure management architecture.

Therefore, the Option B is correct.

Missing options 'A. SmartConsole

B. Security Management Server and Security Gateway

C. Security Management Server

D. SmartConsole and Security Management Server"

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