Assume a zero-coupon bond that sells for $403 and will mature in 10 years at $1,250. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. What is the effective yield to maturity

Answers

Answer 1

The effective yield to maturity of the zero coupon bond given the sellign price and the maturity value is 12%.

What is the yield to maturity?

A zero-coupon bond is a bond that does not pay interest during its life. The yield to maturity of a bond is the discount rate that equates the cost of the bond to the maturity value.

The yield to maturity can be determined using a financial caculator:

Cash flow in year 0 = -403Cash flow in year 1 to 9 = 0 Cash flow in year 10 = 1250

Yield to maturity = 12%


Related Questions

In which two market structures can the taxi industry and shisanyama/chicken braai/chicken dust around your community be classified

Answers

The two market structure that taxi industry and shisanyama/chicken braai/chicken is oligopoly and monopolistic competition.

What is market structure?

Market structure is a strategy that show how different firms or industries are classified and differentiated based on the types of goods they sell or produce and how their operations are affected by external factors.

Therefore, The two market structure that taxi industry and shisanyama/chicken braai/chicken is oligopoly and monopolistic structure.

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Maya is hoping to hire lifeguards to work at her community pools this summer. What is the first step she must take in this process

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The first step Maya should take in the process of hiring lifeguards to work in the summer is to start the process of recruiting and selecting candidates.

What is recruitment and selection?

It is the process of identifying the need to hire employees to fill open positions in an organization, according to the profile and qualifications required for the position.

Therefore, through a structured recruitment process, with resume analysis, interviews and tests, the company will identify the ideal professional to contribute with innovation and knowledge to achieve organizational goals.

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When selling to the customer. List the things about the product that a salesperson should be prepared to discuss:​

Answers

Answer:

Well it can depend on what product your selling, but the basics topics or the following-

The consumers needs

Price

Value

Warranty

Explanation:

It all varies on what item your selling.

HGD

-gjost

Distinguish Among Money, Income, And Wealth. Which One Of The Three Does The Central Bank Of A Country Control?

Answers

The thing which a Central Bank controls from the answer choices is Money.

What is Money?

This refers to the legal tender that is used as a form of exchange for goods and services.

Hence, we can note that the Central Bank of a country is in charge of printing money, making new economic policies, etc and they control money flow and have no business with controlling income or wealth.

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A particle is moving along a projectile path at an initial height of 160 feet with an initial speed of 144 feet per second. this can be represented by the function h(t) = −16t2 144t 160. what is the maximum height of the particle? 128 feet 224 feet 272 feet 484 feet

Answers

A function assigns values. The maximum height of the particle is 484 ft.

What is a Function?

A function assigns the value of each element of one set to the other specific element of another set.

Given that the function of the height of the particle is h(t) = −16t²+144t+160.

Now, to find the maximum of the function we need to differentiate the function, and then equate it with zero to find the value of t at which the height will be maximum.

[tex]h(t)=-16t^2+144t+160\\\\\dfrac{dh}{dt}=-16(2t)+144\\\\\dfrac{dh}{dt}=-32t+144[/tex]

Now, equate the function with 0, we will get,

[tex]0=-32t+144\\t = 4.5[/tex]

Further, plug in the value of t as 4.5 to get the maximum height.

[tex]h(t)=-16t^2+144t+160\\\\h(4.5)=-16(4.5^2)+144(4.5)+160\\\\h(4.5)= 484\rm\ ft[/tex]

Thus, the maximum height of the particle is 484 ft.

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Summarize the process, or shifts in the Aggregate Demand Curve and Short Run Aggregate Supply Curve, for closing a recessionary gap if the economy is self-regulating…. Or using Neoclassical Economics.

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A recessionary gap has low prices and high unemployment and the gap can be closed by expansionary fiscal or monetary policy.

What is recessionary gap?

It should be noted that a recessionary gap simply occurs when the real GDP of a country us lower than the GDP at full employment.

In this case, a recessionary gap has low prices and high unemployment and the gap can be closed by expansionary fiscal or monetary policy.

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What type of protection does U.S law grant the creator of a book, film, or piece of music
A) A public franchise, which grants the exclusive right to use the creation during the creator's lifetime and to his or her heirs for 70 years after the creator's death.
B) A copyright, which grants the exclusive right to use the creation during the creator's lifetime and to his or her heirs for 70 years after the creator's death.
C) A copyright, which grants exclusive rights to the creator for 20 years after the work is created.
D) A patent, which grants the exclusive right to use the creation during the creator's lifetime and to his or her heirs for 70 years after the creator's death.

Answers

The type of protection that the U.S law would grant the creator of a book, film, or piece of music is: Option B.

What is copyright law?

Copyright law can be defined as a set of formal rules and regulations that are granted by the government to protect an intellectual property (IP), especially by giving the creator or original author (owner) an exclusive right to use during his or her lifetime, while preventing any unauthorized access, unlawful use or duplication by other parties.

This ultimately implies that, a copyright grants a creator the exclusive right to use the creation during his or her lifetime, as well as to the creator's heirs for 70 years after the creator's death.

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Blanche, a minor, enters into a contract to buy two all-season passes from Chalet Mountain Resort. The contract will be made enforceable if Blanche

Answers

Answer:

ratifies it

Explanation:

Wells fargo’s cross-selling scandal resulted in the creation of millions of fake accounts, betraying the trust of its customers. Wells fargo has launched a series of campaigns to reestablish its credibility as a trusted bank. If wells fargo wants to identify changes in public opinion impacting the firm, it should conduct _______.

Answers

Assuming wells fargo wants to identify changes in public opinion impacting the firm, it should conduct Environmental monitoring.

What is Environmental monitoring?

Environmental monitoring can be defined as the method of observing or monitoring an environment using specialized techniques.

Environmental monitoring is important as it can help to study the environment by providing accurate and neccessary information needed about the surrounding including the impact an activity has on an environment.

Inconclusion it should conduct Environmental monitoring.

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How much does it cost to play 18 holes at augusta national.

Answers

Answer:

$21 to $27

Explanation:

That how much it is

A marketing executive wants to forecast the minimum budget for the company's app installs goal for the next campaign. What should be used

Answers

The marketing executive need to use the Cash Flow Forecasting to forecast the minimum budget for the company's app installs goal for the next campaign.

What is a Cash Flow Forecasting?

This refers to process of estimating the flow of cash into and out of your business over a period of time.

Hence, the preparation of this Cash Flow will let the marketing executive know the minimum budget to be need for sponsoring the company's app installs goal for the next campaign.

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In macroeconomics, a _______________ describes the common way in which market values are measured in an economy.

Answers

Answer:

unit of account that is your answer

For the u. S. Government, which of the given is not an example of discretionary spending?.

Answers

For the U.S. government, the expense that is not an example of discretionary spending is Medicare.

What are discretionary policies?

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Here are the options:

Defense spending

Medicare

Science spending

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How long does it take to get toxic shock syndrome from a tampon.

Answers

, there’s no way to tell if you’re one of those people who is at a lower risk and can therefore throw tampon caution to the wind, so it’s better to always play it safe, Jahncke says. The recommendation is still not to leave a tampon in for more than eight hours, but that doesn’t mean you’re going to get TSS after eight hours and one minute, either.

A Blank______ does not require consumers to do anything other than buy a ticket or fill out a form for a chance to win some type of prize.

Answers

Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.

What is Sweepstakes?

Sweepstakes is a form of gambling in which everyone involved in the contest pay a certain amount of money and the winner is awarded with a price or the money contributed.

Therefore, Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.

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Since a store design cannot achieve all objectives, managers need to made trade-offs among them. Which of the following does NOT describe such trade-offs?
A. Home Depot's traditional design can efficiently store and display a lot of merchandise with long rows of floor-to-ceiling racks; however, this design is not good for a pleasant shopping experience.
B. Retailers often make trade-offs between stimulating impulse purchases and making it easy to buy products.
C. The trade-off between the ease of finding merchandise, and providing an interesting shopping experience is determined by the customer's shopping needs.
D. Specialty store retailers encourage the ease of finding merchandise rather than exploration.
E. Giving customers adequate space in which to shop has to be balanced with the use of scarce resource for merchandise.

Answers

Answer:

B.

Explanation:

You can buy products easily while still impulse buying, in fact it makes it easier because impulse buying is literally buying stuff.

Brainliest please?  

Larry is an agent for Mary. She gives him clear instructions to enter into contracts on her behalf only on Mondays, Wednesdays, or Fridays. He enters into a contract on her behalf on Tuesday. Larry has breached

Answers

Assuming  he  enters into a contract on her behalf on Tuesday. Larry has breached: duty of obedience.

What is duty of obedience?

Duty of obedience  can be defined as the way of complying with the instruction given or following an instruction given without deviating or changing it.

Based on the scenario Larry has breach the duty of obiedience because he did not comply with the instruction that Mary gave him.

Therefore Larry has breached: duty of obedience.

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In a large open economy, what is the source of the demand for loanable funds?.

Answers

In a large open economy, the source of the demand for loanable funds comes from domestic investment and net capital outflow.

What is an Open economy

An open economy refers to a type of economy where not only domestic factors but also entities in other countries participate in trade of goods and services.

Trade in an open economy can be in the form of managerial exchange, technology transfers, and all kinds of goods and services.

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According to the Law of Demand as the price of cupcakes increases, the
quantity demanded?

Answers

Answer:

decreases.

Explanation:

the law of demand and supply states that, the higher the price, the less quantity is demanded

Mueller Corp. determines that it is more likely than not that $100,000 of its $500,000 deferred tax asset will not be realized in future years. Mueller should record a journal entry that includes a ________ to _________.

Answers

Answer:

$100,000 debit; income tax expense

Explanation:

Mueller Corp. determines that it is more likely than not that $100,000 of its $500,000 deferred tax asset will not be realized in future years. Mueller should record a journal entry that includes a Debit to Income Tax Expense.

What is Debit?

A debit is an accounting entry that creates a decrease in liabilities or an increase in assets. In double-entry bookkeeping, all debits must be offset with corresponding credits in their T-accounts. On a balance sheet, positive values for assets and expenses are debited, and negative balances are credited.

A debit can signify an increase in asset, an expense, and the owner's drawings. A debit can also signify a decrease in a liability, revenues and owner's equity.

What is Income Tax Expenses?

Income tax expense is the amount of expense that a business recognizes in an accounting period for the government tax related to its taxable profit.

The amount of income tax expense recognized is unlikely to exactly match the standard income tax percentage that is applied to business income, since there are a number of differences between the reportable amount of income under the GAAP or IFRS frameworks and the reportable amount of income allowed under the applicable government tax code.

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The use of computerized accounting systems ________. Reduces the pressure on managers in making financial decisions. Makes it possible for most firms to operate without the expense of hiring or consulting with accountants. Allows firms to generate financial information almost instantly and whenever the organization needs it. Creates an environment in which accounting has become nothing more than glorified bookkeeping, as all accountants are required to do is enter data into the system and monitor the results the program generates

Answers

The use of computerized accounting systems allows firms to generate financial information almost instantly and whenever the organization needs it.

What is an accounting system?

An accounting system makes use of a computerized system to manage a business or companies account.

It keeps and monitors all accounting record for easy tracking of income, expenses, and other financial activities.

Therefore, The use of computerized accounting systems allows firms to generate financial information almost instantly and whenever the organization needs it.

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During its first year of operations, Novak Corp. Had these transactions pertaining to its common stock. Jan. 10 Issued 26,000 shares for cash at $4 per share. July 1 Issued 55,000 shares for cash at $9 per share. (a) Journalize the transactions, assuming that the common stock has a par value of $4 per share. (b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $3 per share

Answers

The journal entries to record the common stock transactions under the two scenarios are as follows:

a) Assuming that the common stock has a par value of $4 per share:

Jan. 10 Debit Cash $104,000

Common Stock $104,000

July 1 Debit Cash $495,000

Common Stock $220,000

Additional Paid-in Capital $275,000

b) Assuming that the common stock is no-par with a stated value of $3 per share

Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000

July 1 Cash $495,000 Common Stock $165,000 Additional Paid-in Capital $330,000

What is the difference between par value and stated value?

There is no major difference between the par value and the stated value of the common stock, except as follows.

While the stated value is assigned when there is no par value for accounting purposes, the par value is assigned when the shares are authorized for issuance.

The two function as the face value of the shares which can be compared to the market value to discover if there is additional paid-in capital or not.

Data and Calculations:

a) Jan. 10 Cash $104,000 Common Stock $104,000

July 1 Cash $495,000 Common Stock $220,000 Additional Paid-in Capital $275,000

b) Jan. 10 Cash $104,000 Common Stock $78,000 Additional Paid-in Capital $26,000

July 1 Cash $495,000 Common Stock $165,000 Additional Paid-in Capital $330,000

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Which intangible assets are amortized over their useful life?.

Answers

Copyrights and patents are examples of intangible assets with identifiable useful lifetimes (limited-life). These things are straight-line amortized over their economic or legal life, whichever is lesser.

What exactly is an intangible asset?

An Intangible asset, is a distinguishable non-monetary asset that lacks physical substance. An asset is a resource that the entity controls as a result of past actions (such as acquisition or self-creation) and from which future economic advantages (inflows of cash or other assets) are expected.

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The process of identifying and attracting a qualified pool of applicants for vacant positions is called recruiting.
A. True
B. False

Answers

It is true to say that the recruiting process takes place in the identification and attraction of a qualified group of candidates for vacant positions.

How to carry out an effective recruiting?

It is essential that the organization analyze the needs for the available position and search for professionals with the necessary profile and qualifications, carrying out structured interviews to identify the ideal candidate.

Therefore, the recruitment process is essential in an organization to select new talent that will help an organization to be more productive and innovative.

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Joseph and David decide to form and co-own an unincorporated business that will sell custom sweatshirts. This type of business is a(n) _____.

Answers

The type of business is operated by Joseph and David which was co-owned by them is partnership.

What is partnership?

A partnership serves as type of business which involves a formal arrangement by two or more parties so they can manage and operate a business.

In this arrangement, both parties share its profits as well as the loss in the business.

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What property of detrital sedimentary rocks can be indicative of the energy of sediment transport?.

Answers

The answer is d I took it on my test and got it right

An outlet or brand whose performance confirms a low-performance expectation generally will result in _____.
a. satisfaction
b. dissatisfaction
c. nonsatisfaction
d. elation
e. anger

Answers

An outlet or brand whose performance confirms a low-performance expectation generally will result in non satisfaction.

What is consumer behaviour?

Consumer behavior is the study of how people make decisions about their daily need and wants.

It is the study with respect to the consumers & the process at the time of choosing and sale of the goods & services that involved the responses of the consumers in terms of emotional & behavioral.

Hence, an outlet or brand whose performance confirms a low-performance expectation generally will result in non satisfaction.

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Why would a typical U.S. business fail to take the social costs of pollution into consideration during the development of their operating strategies

Answers

Most US companies will not factor in social costs of pollution in operating strategies simply because it is not binding on them to pay for pollution they cause.

What is Pollution?

Pollution is defined is depostion of waste material into the environment, the effect is motly injurious to the environment to the tone of damage in the ecosystem.

Environmental Pollution is behind the depletion of our ozone layer

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Marquis quits his job as a security consultant, which paid an annual salary of $65,000, and opened his own security company. He used $40,000 of a mutual fund that paid a 4% annual interest rate to buy a truck. In his first year of operation, he spent $100,000 on equipment and licensing and earned a total revenue of $210,000. Marquis's accounting profit is _____, and his economic profit is _____.

Answers

From the calculations that have been done in this question, Marquis's accounting profit is 108,400, his economic profit is 43,400

How to solve for Marquis's accounting profit

Formula for Accounting profit

TR - Total explicit cost - Interest

= 210,000 - 100,000 - 40,000 * 4%

= 108,400

Therefore the total accounting cost is  108,400

How to solve for Marquis's economic profit

Formula = TR - Total explicit cost - Interest - Total implicit cost

= 210,000 - 100,000 - 40,000 * 4% -65,000

= 43,400

Therefore the total economic profit is given as $43,400

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In order, the steps of the strategic-management process are.

Answers

The steps of the strategic-management process are.

Strategic Analysis and Inputs Strategy FormulationStrategy ImplementationWhat is Strategic management process?

Strategic management process is a process that a business can use to outdo the competitors.

Starting from the Strategic Analysis and Inputs which is the first step where data about competitors are been gathered, to the last steps are necessary to outdo the competitors.

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