There is a bond that has a quoted price of 110.547 and a par value of $2,000. The coupon rate is 7.05 percent and the bond matures in 19 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?

Answers

Answer 1

Answer:

the YTM of the bond is 127.55 %

Explanation:

The YTM of the bond is the Market return that similar Bond Holders expect from the bond.

This can be calculated using a Financial calculator as :

PV = - $ 110.547

FV =  $2,000

PMT =  $2,000 x 7.05 % x 1/2 = $70.50

N = 19 x 2 = 38

P/yr = 2

YTM = ???

Therefore, the YTM of the bond is 127.55 %


Related Questions

Miley, a single taxpayer, plans on reporting $30,475 of taxable income this year (all of her income is from a part-time job). She is considering applying for a second part-time job that would give her an additional $10,000 of taxable income. By how much will the income from the second job increase her tax liability

Answers

Answer:

$1,600

Explanation:

Calculation to determine By how much will the income from the second job increase her tax liability

Based on the information given she had the amount of $10,000 as the additional taxable income which means that $9,000 out of the $10,000 will be taxed at 15% while the remaining $1,000 ($10,000-$9,000) will be taxed at 25% according to the single tax rate schedule

Increase in tax liability =($9,000 × 15%) + ($1,000 × 25%)

Increase in tax liability= $1,600

Therefore By how much will the income from the second job increase her tax liability is $1,600

Why should you include management and staffing issues in your business plan?

Answers

Because if you don’t account for all the possible issue that may arise in the business, your business has a higher chance to fail. This could be avoided if Dave from H.R did his job but he has enough already.

But yes, any miscalculation could lead to the downfall of a business, hope this helps and bye

1)______elimination risks.
2)the positive factors of planning is called______.
3)planning is what to do it,how to do it,when to do it and _____in the future.
4)planning must start with simple____.
5)in business,time is gold.for this reason an,
6)entrepreneur must be efficient_____.



a.what to expect
b.time management
c.strengths
e.business plan
f.projects
g.micro​

Answers

Answer:

1. E

2. C

3. A

4. F

5. B

Explanation:

Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

1. Business plan eliminates risks. This is because it focuses on defining how a business would achieve its goals, objectives, mission and sets the overall direction for the business using specific strategies.

2. The positive factors of planning is called strengths. They give a business competitive advantage over competitors (rivals) in the same industry.

3. Planning is what to do it, how to do it, when to do it and what to expect in the future.

4. Planning must start with simple or micro projects because they generally require simple and less cumbersome management and technologies.

5. In business, time is gold. For this reason, an Entrepreneur must be efficient in time management i.e being able to control and manage time at all times.

What is a resume?




((this is just to reach the character requirement))

Answers

Formal document that a job applicant creates

A sector is a diversified group of companies.
True or False

Answers

Explanation:

A diversified company is a type of company that has multiple unrelated businesses or products. A company may decide to diversify its activities by expanding into markets or products that are related to its current business.

For example, an auto company may diversify by adding a new car model or by expanding into a related market like trucks.

Diversified Industries covers a wide range of sub-sectors including Automotive, Transport & Logistics, Building Materials & Construction, Capital Goods, Business Services, Metals and Oil Field Services. Even the way industrial products are developed, manufactured and commercialized is changing. I would say the answer is True

Terrance has just signed a contract with a bank to get a loan to buy a new house. What is TRUE about this contract? A. Both the bank and Terrance share power of attorney. B. Terrance has participated in a guarantee of gain. C. Both parties now have an obligation to their agreement. D. Terrance is required to submit a verbal agreement.

Answers

Answer: C. Both parties now have an obligation to their agreement.

Explanation:

When parties get into a contract, they have a legal obligation to each other to fulfill their part of the agreement or the other party will be able to seek redress in a court of law.

Terrance and the bank are now parties to an agreement to provide Terrence with a loan to buy a house. The bank will have to fulfill this obligation by giving Terrence the loan and Terrence will fulfill his side of the agreement by making payments as stipulated in the loan covenant.

what is line ????????????​

Answers

Answer:

njn

Explanation:

________________ mortgage is two or more mortgages consolidated into one payment, and is usually designed to allow the buyer to purchase with a smaller down payment, with the added benefit of a below market interest rate first mortgage. The sellers receive all of their cash at the time of closing, while the lender wraps new money around an existing assumable loan. This type of loan limits its use to homes with an existing FHA or VA loans because most other conventional loans have alienation or due on sale clauses.

Answers

Answer:

wrap around mortgage

Explanation:

A wrap-around mortgage is can be used in deals of owner-financing.

Wrap around mortgage refers to two or more mortgages consolidated into one payment. Such type of mortgage allow the buyer to purchase with a smaller down payment. A buyer also gets an added benefit of a below market interest rate first mortgage. A wrap-around mortgage can only be used to homes with an existing FHA or VA loans.

Last week, the logistics employees at Run River got together to determine the best way to ship products overseas. Each employee created a separate plan and submitted it to the logistics manager, who decided which plan the company would pursue.


A. Team

B. Group

Answers

Answer:

B. Group

Explanation:

A team could be made of many peoples who work together and considered the work to be collective. on the other side, the group is one where the work product should be considered as an individual. In this each and every employee would submitted their plans also they came up for the solution also in this they shares the same traits.

hence ,the option b is correct

Which is an economic system?
a.
monarchy
c.
dictatorship
b.
democracy
d.
market

Answers

Answer:

market!!!

Explanation:

Market is an economic system. A market economy is an economic system in which supply and demand determine how goods and services are produced.

What is economic system?

An economic system is a method for communities or governments to organize and distribute resources, services, and goods throughout a region or country. As a result, a social system is a form of economic system.

Thus, Option, D market is correct.

For further details about  economic system, click here:

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A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. This firm is earning $15 on every $150 invested by its founders. Instructions: Enter your answers as whole numbers. a. What is its percentage rate of return? b. Is the firm earning an economic profit? If so, how large? c. Will this industry see entry or exit? d. What will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium?

Answers

Answer and Explanation:

The computation is shown below:

a. The rate of return in percentage is

= return ÷ investment

= $15 ÷ $150

= 10%

b. The economic profit is

= rate of return - normal profit rate

= 10% - 5%

= 5%

c. As the economic profit is more than 0 so it should be the entry

d. The rate of return in the long-run equilibrium to the 5% as the rate of return should be equivalent to the normal rate of profit

Help needed ASAP! Will give brainliest;)

Ivan is starting his own pet store in his neighborhood. Where should he go to obtain a business license and permits?

A). County courthouse

B). Internal Revenue Service

C). Post office

D). Bank

Answers

Answer:

b

Explanation:

Answer:

Before opening up shop, all business owners need to obtain a business license from their state and perhaps even their local jurisdiction. Some states also require pet stores to obtain a specific pet shop license. The license application may ask you to list the types of animals you'll be selling and provide a detailed floor plan of the shop. Pet shop owners won't be able to operate their business until they get at least a general business license from their state if a pet shop license isn't required.

A is correct

Explanation:

Mark brainiest

PLS ANSWER FAST, I'LL GIVE BRAINLIEST

In the healthcare field, there are face-to-face types of jobs and behind-the-scenes jobs. What is the difference between the two? PLEASE give an example of each with your answer.

Answers

Answer:

The answer is below

Explanation:

Face-to-face types of jobs is usually a clinical job that involves the practice or activities of carrying out the diagnosis, treatment, and actual care. For example Physician, Nurse, Surgical Assistant, Medical lab technician, etc.

On the other hand, Behind-the-scenes jobs in the healthcare fields are usually non-clinical jobs, while it may involve interaction with the patients, it does not involve the practice of medical testing or treatments. For example Medical billers and Coders, Transcriptionists, Hospital executives, Receptionists, etc.

The difference between the two is that some doctors meet with the patient and observe their symptoms. Other doctors diagnose what a patient may have by using the knowledge the other doctors provide them with.

Example of a doctor who interacts with the patient face-to-face:

pediatrician

Example of a doctor who works behind the scenes:

Intensevist

Question 26 of 40
What is warehousing?
A. Production of products
B. Selling of products to consumer
C. Holding goods that are awaiting sale or movement
D. Providing raw materials for production
SUBMIT

Answers

Answer: The answer is C

Explanation:

Holding goods that are awaiting sale or movement is warehousing. Hence, option C is correct.

What is warehousing?

Warehousing is the process of keeping physical inventory for a future sale or distribution. When companies need to temporarily store items in big quantities before shipping them either individually to customers or to other places, enterprises of all kinds employ warehouses.

Tangible goods or inventory are maintained in a storage facility as warehousing prior to being sold and delivered. In order to protect and arrange their products, businesses can keep them in warehouses safely and securely.

A warehouse is a type of commercial building used to store goods, and warehousing is the practice of correctly processing and storing goods inside of warehouses using scientific methods so that they are quickly and easily available when needed.

Thus, option C is correct.

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bababooey.................................................................

Answers

Answer: Are you bored because i am

.

Answer:

Bababooey

Explanation:

Both individuals and organizations can be consumers.
O True
O False

Answers

Answer:

True

Explanation:

write a sample complaint for a customer gaining a food born illness from a restaurant

Answers

After going to (restaurant name) I have become ill from the food they are serving.

Answer:

mk

Explanation:

What does the visible property control?

A which fields are displayed for each record
B how an object is affected by resizing the window
C how many objects can be included in a single form
D the number of records that can be displayed on a form

Answers

Answer:

A

Explanation:

EDGE 2021

Variable costs change depending on a company's performance.

A) False

B) True

Answers

Answer:

B - True

Explanation:

No matter how much a company sells or does not sell, it has to pay fixed costs. Variable costs change depending on a company's performance.

The answer is , B - true

Miami Mutual Bank purchases a two-year interest rate cap for a fee of 3 percent of notional principal valued at $20 million, with an interest rate ceiling of 11 percent and LIBOR as the index representing the market interest rate. At the same time, Miami Mutual sells a two-year floor (8 percent) for a fee of 2 percent of the $20 million principal. Assume that LIBOR is expected to be 7 percent and 14 percent at the end of each of the next two years, respectively. What is this type of strategy called

Answers

Answer:

Interest Rate Collar

Explanation:

This strategy called the Interest Rate Collar.

The Interest rate collar is an option that is used to hedge the interest rate exposure. It protects the borrower from the risk of increasing the interest rate and also decided a floor declining rate by purchasing an interest rate cap.

In the given scenario the Miami Bank will receive when the interest rate crosses the cap of 11% and pay when there is a decrease below the floor rate of 8% on the principal value.

. Based on the video, what happened to "savings" in the United States, and how did consumers contribute to this change? Describe why you agree or disagree.

Answers

The correct answer to this open question is the following.

Unfortunately, you did not include the lecture, so we do not know what was the information included in the lecture. Just you know it.

However, trying to help you we did some deep research to find the video. So if you are talking about John Gerzema's video, then we can comment on the following.

What happened to "savings" in the United States, and how did consumers contribute to this change according to John Gerzema's video "The post-crisis consumer," produced by TED, is that consumer's savings dropped 10% and today the savings level is "cero."

Consumers have money during so many years that they exceed the purchase of the things needed and bought many things that they did not need, just for teh action of continuing to buy things. A hundred percent consumerism!

So after the crisis, consumers understood the way they excessively purchased in the past, and now, most of them do not have savings and are just buying necessary things.

Answer:

Just listen to the person above.

Explanation:

they are correct.

At December 31, 2019, Talbot Corporation had 90,000 shares of common stock and 20,000 shares of convertible preferred stock outstanding, in addition to 9% convertible bonds payable in the face amount of $2,000,000. During 2019, Talbot paid dividends of $2.50 per share on the preferred stock. The preferred stock is convertible into 20,000 shares of common stock. The 9% convertible bonds are convertible into 30,000 shares of common stock. Net income for 2019 was $970,000. Assume an income tax rate of 30%. How much is the diluted earnings per share for the year ended December 31, 2019

Answers

Answer:

Diluted Earnings per share= $6.9

Explanation:

Earnings per share is the return attributable to each unit of outstanding ordinary share.

It is computed as the Net Income/Number of ordinary shares outstanding

The diluted earnings per share is the EPS assuming all convertible securities were all converted.

Converted shares is computed as follows:

                                         units

Preferred shares    =     20,000

Convertible bonds =     30,000

Total                               50,000

Total outstanding shares ranking for Earnings = Ordinary shares + Converted shares

= 90,000 + 50,000 = 140,000

Diluted Earnings per share = 970,000/140,000= $6.9

Diluted Earnings per share= $6.9

Qik Fix-It offers Cody a job as a plumber. No time for acceptance is specified in offer. The offer will terminate: Group of answer choices A. This common law offer will expire after a reasonable period of time. B. This UCC offer will expire after a reasonable period of time. C. After atypical work week (five business days) for this common law offer D. This common law offer will expire after a usual month (thirty calendar days). E. Never

Answers

Answer:

A. This common law offer will expire after a reasonable period of time.

Explanation:

Since in the question Cody offered a job from Qik Fix as a plumber but there is no time given for acceptance so the offer would be terminated after a reasonable time period as this represents a common law where the offer would be expire after a reasonable period in the case when the time period is not mentioned

Therefore the correct option is a.

What is innovation? (Media Literacy)

A. A groundbreaking idea, product, or method
B. A technological tool that drives hyperlinks
C. An exciting development in a story's plot
D. A story that nobody has ever heard before

Answers

Answer:

A. A groundbreaking idea, product, or method

Explanation:

Innovation refers to the process that leads to the formation of new ideas that has been been invented before. It refers to the fresh ideas that helps in attracting people inn terms of business. Idea generation helps in new development and thereby helps in the progress. The introduction of the idea from the existing resources helps in the formation of new ideas that take the shape of innovation.

National Petroleum Refiners Corporation (NPR) has two divisions, L and H. Division L is the company’s low-risk division and would have a weighted average cost of capital of 8% if it was operated as an independent company. Division H is the company’s high-risk division and would have a weighted average cost of capital of 14% if it was operated as an independent company. Because the two divisions are the same size, the company has a composite weighted average cost of capital of 11%. Division L is considering a project with an expected return of 9.5%.Should National Petroleum Refiners Corporation (NPR) accept or reject the project?

Answers

Answer:

The answer is "Accept the project ".

Explanation:

The response to this question is accepted by a project to restore division L to a value of 9.5, whereas division L to a cost of 8%. The benefit will therefore be utilizing information. Its project must therefore be authorized. It is the profit that is higher than that of the division's threat capital cost. While WACC is 11 per fold overall, Section L is a low return division, so any project returns higher than 8% is appropriate.

According to the video, what activities are affected by Market Research Analysts? Check all that apply. pricing advertising hiring production placement shipping

Answers

Answer:

Pricing, advertising, production, & placement

Explanation:

Just answered

Answer:

pricing

advertising  

production

placement

Explanation:

I got it right on edge

True or False? A general partnership protects partners from the debts of the company.

Answers

Answer:

True

Explanation:

Do you need an Explanation? Or no??

True!!

Hope I helped you out

How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?

Answers

Answer:

7 years (to the nearest year)

Explanation:

Given that;

A = amount

P= principal

t = time

r = rate

A =3P(given in the question)

Formula for compound interest;

A = P(1 + r)^t

Substituting values;

3P = P(1 + 18/100)^t

3P/P= (1.18)^t

3 = (1.18)^t

log 3 = t log 1.18

t = log 3/log 1.18

t = 0.4771/0.0719

t = 6.6 years

t = 7 years (to the nearest year)

Fabio Corporation is considering eliminating a department that has a contribution margin of $30,000 and $60,000 in fixed costs. Of the fixed costs, $15,000 cannot be avoided. The effect of eliminating this department on Fabio's overall net operating income would be: Group of answer choices a decrease of $15,000. a decrease of $30,000. an increase of $15,000. an increase of $30,000.

Answers

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During which stage of the new product development process do companies usually apply for patents?

A. commercialization

B. market testing

C. business analysis

D. prototype development

Answers

Answer:

Explanation:

prototype development

Answer is d hope this helps
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Which word best describes the tone of "In Another Country"?A. LostB. AngryC. DetachedD. Humorous Simplify and write answer in standard form. i neeed help and quick its due at 3:15 Herby is a corn farmer in lowa who likes to track the growth of his crops. At various times Herby will gointo the field and document the height of the corn (in cm) and how many weeks it has been since the cornwas planted. He plotted the points below.He is looking for a function that models his data. Since the trend of the data is increasing and convex, hefound an increasing convex exponential model and an increasing convex quadratic model.Which of the following functions fits the data better?Choose 1 answer:Function A: y = 7.2BFunction B: y = 1202 12x + 18Ilse the function that you chose to predict the height of the corn 6 weeks after it has been planted. Round What is the value of X? Which four numbers will complete this addition puzzle? what number is shown in the sign? A.2,909 B.2,707 C.2,303 D.2,404 a. find the areab. find the perimeter Which Equation best matches the graph shown below? After Pearl Harbor, FDR initiated? How would demented hordes fight in battle? Chris has scored the following points in his last five basketball games: 13,10,14,9,6How many points must he have score in the next game to average 14 points per game?PLEASE HELP! NO FILES THO! THEY DON'T WORK! I NEED HELP AHHHHHHHHH> PLS NO LINKS CAUSE I HAVE A RESTRICTED COMPUTER!!!! The effect of the time of day a science class is taught on test scores is beingstudied in an experiment. Which of these is most likely to be an extraneousfactor that could also affect test scores?A. Student clothingB. Color of the school hallwaysC. Principal of the schoolD. Length of class period f(x) = x2. What is g(x)? Help pleaseThe lines on a coordinate plane are perpendicular.Perpendicular lines form what type of angles? Which of the following are names Amory comes up with for people at his school who succeed socially? Select all that apply Big Man The Big Cheese Slicker The Flapper Cats Pajamas Simplify : 4a(6) + 3a 1. 24 a2 + 3 a 2. 13 a 3. 27 a 4. 27 a2 seven people sit in a circle.How many ways can this be done if two people A and B sit together After 2 hours, the air temperature had risen 7 f. How long will it take at this rate for the temperature to rise an additional 13f?