The Lo Sun Corporation offers a 6.2 percent bond with a current market price of $774.50. The yield to maturity is 8.46 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
A. 22.43 years
B. 44.86 years
C. 24.98 years
D. 43.04 years
E. 11.22 years

Answers

Answer 1

Answer:

A. 22.43 years

Explanation:

The financial calculator can be used to determine the number of years to maturity as follows:

PMT=31     (semiannual coupon=$1,000*6.2%*6/12=$31)

I/Y=4.23%     (semiannual yield to maturity=8.46%*6/12=4.23% )

PV=-774.50 (current market price=$774.50)

FV=1000 (face value of $1000)

lastly enter N=44.8643664

Note that 44.8643664  is stated in terms of semiannual periods

Years=44.8643664 *6/12= 22.43  years


Related Questions

What analysis considers both the impact on the cot and availability outcomes in determining at what level each maintainenance action will be performed, contributing to a cost-effective preventative maintainence program?

Answers

Answer:

Level of repair analysis (LORA)

Explanation:

Level of repair analysis (LORA) is used by businesses to determine the optimal time for repair, replacement, or discarding of an aseet.

It takes into consideration cost of the proposed activity and operational readiness or availability outcomes of the business.

For example when a production process contains many assemblies LORA is a great way to provide prompt replacement or disposal of parts that could adversely affect performance.

Since optimal performance is being attained in production process, it will result in a cost-effective preventative maintainence program

What is an advantage of taking out a long-term loan instead of a short-term
loan?

A. A long-term loan usually requires a low debt-to-income ratio.

B. A long-term loan usually has a lower total cost.

C. A long-term loan usually has a lower interest rate.

D. A long-term loan usually requires no credit check.

Answers

One of the major advantages of taking a long-term loan is that a long-term loan usually has a lower interest rate. Therefore (C) is the correct option.

What is a long-term loan?

A long-term loan is a financial instrument with a one-year maturity. Both private and public institutions are accepting applications for this loan. Collateral is generally needed for long-term loans.

The loan's interest rate is lower than that of a short-term loan because it must be repaid over a three-to ten-year period.

Therefore, (C) is the correct option.

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The point of ______ it to get companies to think about the broader market, rather than only optimizing their own needs. This can avoid price wars.
A. conjoint analysis
B. game theory
C. elasticity
D. Competition

Answers

Answer:

B. Game theory.

Explanation:

This said theory was first geared by a mathematician John von Neumann and also an economist Oskar Morgenstern in the 1940s.

It is explained to be a science of strategy, or at least the optimal decision-making of independent and competing actors in a strategic setting.

It is a strategy which explains also that decision making is seen to depend on what the opposing or counter player is seen to do in may cases. Therefore what a lot of people tag to be luck or even a pure or natural chance is said to be eliminated by the plans which has been put to place by the opposing players.

A shift from labor to equipment is:

Answers

Answer:

In summary, labor supply is the total hours that workers or employees are willing to work at a given wage rate. Changes in income, population, work-leisure preference, prices of related goods and services, and expectations about the future can all cause the labor supply to shift to the right or left.

A borrower signs the note and mortgage for a re-finance on his principal residence on Thursday, Dec. 31. What is the earliest day the funds for this loan could be disbursed (assuming no bona fide financial hardship)?

Answers

Answer: The earliest the funds could be disbursed would be Wednesday the 6th.

Explanation:

Federal holidays and Sundays are not counted when considering the 3business days rescission period for loans principal residences. The borrower has the opportunity till midnight on these 3 business days after landing papers are signed, the days are Saturday, Monday and Tuesday. With this consideration's, the earliest the funds could be disbursed would be Wednesday the 6th.


Which of the following statements best explains why income alone does not determine
wealth?
Investing is the only factor that contributes to wealth building,
How much money a person makes does not dictate his or her spending and saving
behavior.
Income alone does determine a person's wealth.
Only people who are natural savers can become wealthy.

Answers

Answer:

[tex]\boxed {\boxed {\sf B. \ How \ much \ money \ a \ person \ makes \ doesn't \ dicate \ their \ spending/saving \ behaivor }}[/tex]

Explanation:

Wealth is the amount of assets someone has, minus the debts.

It is made up of a variety of assets, like cars/vehicles, homes/real estate, stocks, savings, income, bonds, and more.

In addition, the debts have to be subtracted. Each person has a different amount of debt, depending on their situation (education, home, vehicle, business, etc). Also, everyone spends different amounts of money, and saves differently.

So, the best answer is: how much money a person makes does not dictate his or her spending and saving  behavior.

Explain why intellectual property rights are important in a society that allows its
Citizens freedom of ownership.

Answers

Answer:

Individuals have used their time, creativity, and skills to develop intellectual property, just as others have used their time and skills to make products or to provide services.  Intellectual property protection is critical to fostering innovation. Without protection of ideas, businesses and individuals would not reap the full benefits of their inventions and would focus less on research and development.

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A fruit juice company decides to focus on its specialty of creating fruit juice and to rely on other business partners to fill in the supply chain gaps. Which strategy is this juice company creating? a. a pricing strategy b. a marketing strategy c. a channel strategy

Answers

Answer:

The correct answer is the option B: a marketing strategy.

Explanation:

To begin with, when it comes to the term of deciding whether how to operate the primary business of the company and how to explode it as much as it can be exploded then we are talking about a marketing strategy that it has to be defined by the managers of the organization and that is due to the fact that in that strategy they will see how to communicate that the product is in sale, to whom the product should be sold, which is the price at what the price should be sold and where and when the product should be sold. So basicaly the marketing campaign will focus on how the product should be taken care in order to sell more and increase the profits and by deciding that the rest of the supply chain should be taken care by other business partners then the decision will be taken from the marketing strategy.

In this scenario, the juice company is creating a channel strategy by relying on other business partners to fill in the supply chain gaps

A channel strategy means a company's plan to move its product through a distribution chain to the final consumers

Here, the fruit juice company does not want to distribute the product to the end user itself, rather, its wishes to rely on the business partners to fill in the supply chain gaps.

Therefore, the strategy been created by the fruit juice company is known as channel strategy.

In conclusion, the Option C is correct.

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Here is a attached photo to my problem needing a answer

Answers

Answer:

That is a good photo that is a problem that needs an answer.

Explanation:

It doesn't have a photo :))

There is no photo lol . I think I get it.

Whether people use automatic or controlled processing for reacting to a persuasive message is often a function of ________.
A) time
B) their level of interest in it
C) heuristics
D) effort
E) availability of research

Answers

B) their level of interest in it

CBA Inc has 400,000 shares outstanding with a $5 par value. The shares were issued for $12. The stock is currently selling for $34. CBA has $5,000,000 in retained earnings and has declared a stock dividend that will increase the number of outstanding shares by 6%. How many shares will be outstanding after the stock dividend?

Answers

Answer:

The number of shares that will be outstanding after the stock dividend is 424,000 shares.

Explanation:

This can be calculated as follows:

Number of shares outstanding before the stock dividend = 400,000

Percentage increase in the number of outstanding shares after stock dividend = 6%

Number of increase in the number of outstanding shares after stock dividend = Number of shares outstanding before the stock dividend * Percentage increase in the number of outstanding shares after stock dividend = 400,000 * 6% = 24,000

Therefore, we have:

Number of shares outstanding after the stock dividend = Number of shares outstanding before the stock dividend + Number of increase in the number of outstanding shares after stock dividend = 400,000 + 24,000 = 424,000

Therefore, the number of shares that will be outstanding after the stock dividend is 424,000 shares.

Among us how can u play on a school iPad

Answers

among us DV files look em up and you should be able to download it.

Answer:

pretty sure you canttttttttttttttttttttttttt

How might different types of office design influence employee social interaction, collaboration, and creativity? Should there be encouraged even in organizations without an innovative culture?

Answers

Answer:

The definition is defined in the clarification section following, according to the particular circumstance.

Explanation:

As either a consequence of any understanding that growing the success of their workforce would be the primary objective, certain corporations are rational organizations. Whenever we prefer seeing it as a data work economy, therefore say that perhaps the organization's workers are the driver that makes the business develop, grow and innovate. Via the job style, the efficiency of the employees of the organization could be supported and overall productivity could be exaggerated by enhancing their quality of life as well as wellbeing.From arranging the surface including its ground, the function style could be done to allow the naturally lightweight to infiltrate into another surface in an incredibly appropriate volume. As an example, organizations are going to use sunglasses throughout areas where privacy is not necessary. The views should be expanded and the outside room including its offices should then be provided to the workers for their use. In recess, workers can be encouraged to go somewhere so they can relax.Employees may also be equipped with headphones or modern techniques such as auditory masking to concentrate on their output without distracting them from being interrupted. It can also be normal for break spaces to construct the workers to feel pressure incredibly very challenging day. If businesses do not have a creative culture, so they can mutually enable workers to be discomfort and also have a straightforward mindset through thinking and they'll use something in their jobs or otherwise exaggerate performance, although as a consequence of the whole fashion. These are not created, they are the basic needs that should be supplied by every organization.

Discuss why two people with similar abilities may have very different expectancies for performing at a high level.

Answers

Answer:

Because they're two different people

Explanation:

The main and major reason why, is the obvious one. The first reason that comes to the mind.

Because they are two different people. Different people have different goals, hopes and aspirations. And even those that share them go through different paths while carrying them out. The minds of the two individuals are not the same, and despite the fact that they have similar abilities, they might not necessarily get the job done on time because of other commitments either of them have. Even if they both have none, there's always a distinguishing factor, and that will always trump, thus making them have different expectancies for performing at a high level.

what is the effect of contractionary fiscal policy in the short run?​

Answers

Answer:

D. It will decrease the output level

Explanation:

Answer: d

Explanation:

Sankey Co. has earnings per share of $4.40. The benchmark PE is 197 times, What stock price would you consider appropriate? A. 42.98 B. $2410 C. $65.73 D. $86.68E. $44.77

Answers

Answer:

$44.77

Explanation:

Sankey corporation has earning per share of $4.40

The benchmark PE is 197 times

Therefore the appropriate stock price can be calculated as follows

= 197/4.40

= $44.77

Hence the appropriate stock price is $44.77

Marlow Company purchased a point of sale system on January 1 for $5,600. This system has a useful life of 4 years and a salvage value of $500. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?a. $1,275.b. $1,336.c. $2,550.d. $2,800.e. $1,400.

Answers

Answer:

Annual depreciation= $1,275

Explanation:

Giving the following information:

Purchase price= $5,600

Useful life= 4 years

Salvage value= $500

To calculate the annual depreciation, we need to use the following formula each year:

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1:

Annual depreciation= 2*[(5,600 - 500) / 4]

Annual depreciation= $2,550

Year 2:

Annual depreciation= 2*[(5,100 - 2,550) / 4]

Annual depreciation= $1,275

Gallardo Co. is involved in a lawsuit as a result of an accident that took place September 5, 2017. The lawsuit was filed on November 1, 2017 and claims damages of $1,000,000. (a) At December 31, 2017, Gallardo's attorneys feel it is remote that Gallardo will lose the lawsuit. How should the company account for the effects of the lawsuit? (b) Assume instead that a December 31, 2017, Gallardo's attorney feel it is probable that Gallardo will lose the lawsuit and be required to pay $1,000,000. How should the company account for this lawsuit? (c) Assume instead that at December 31, 2017, Gallardo's attorneys feel it is reasonably possible that Gallardo could lose the lawsuit and be required to pay $1,000,000. How should the company account for this lawsuit?

Answers

Answer:

Following are the solution to the given points:

Explanation:

In point a, As it would be impossible that although the failure of the lawsuit is remote, the same cannot be recorded as well as avoided.

In point b, Its prosecutor thinks Gallardo's failure of the case (which would be likely to occur) is therefore likely to be reported throughout the books, that legal expenses must be paid and the civil responsibility measured at $10,00000 credited.

In point c, In the case is fairly probable, this can occur only if it is reported throughout the corresponding Balance Sheet accounts.

October 2010, the amount of money held by individuals and companies was $893.4 billion; checkable deposits owned by the same individuals and companies were $345.6 billion; money market funds were $1.9423 trillion; savings deposits were $989.4 billion, finally, time deposits were $243.8 billion.

What is the M1 for October 2010?

Answers

Answer:

M1 $1.24 trillion

M2 $4.41 trillion

M1 and M2 money have several definitions, ranging from narrow to broad. M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.

In terms of the global marketplace there are three primary types of companies: international firms, multinational firms, and transnational firms.The key factor that distinguishes one from another is:________. A) the firm's financial capacity to take risks. B) the willingness and ability to embrace diversity. C) the firm's orientation toward and strategy for global markets and marketing. D) the relative position of the product or service in terms of its life cycle. E) the relative size of the firm both in financial terms and in production capacity.

Answers

Answer: C) the firm's orientation toward and strategy for global markets and marketing.

Explanation:

International firms are firms that has its main headquarters in a particular country while still having offices in other countries.

For a multinational firms, products are being marketed to different countries in different ways while a transnational firm is a firm that deals with the production of goods and services internationally in more than a country.

The key factor that distinguishes one from another is the firm's orientation toward and strategy for global markets and marketing.

which of the following would be considered a want rather than a need for most people?

Answers

U dumb poop their is no options
There’s No option here!!!

How is a credit union different from a bank?

A credit union offers services to companies instead of individuals.
A credit union only offers credit; it does not store money.
A credit union is usually larger than a bank.
A credit union is owned by its customers.

Answers

Answer:

D

Explanation:

A credit Union is owned by its customers.

Answer:

D

Explanation:

A credit union is owned by its customers.

Federal facilities, and the security measures they require, are divided into five levels. A ________ facility has more than 450 employees, 80,000 to 250,000 square feet of office space, and a high volume of public contact.

Answers

Answer:

Level IV

Explanation:

Security levels of United States Federal buildings are used to allocate safety measures such as glazing to reduce injury from broken glass, distance for traffick to the building, and prevention of building collapse.

There are levels one to five.

Level IV facilities has more than 450 employees, 80,000 to 250,000 square feet of office space, and a high volume of public contact.

Usually used by law enforcement or ntelligence agencies such as ATF, FBI, DEA, and Federal courts

Edelman Engines has $16 billion in total assets — of which cash and equivalents total $120 million. Its balance sheet shows $3.2 billion in current liabilities — of which the notes payable balance totals $0.84 billion. The firm also has $7.2 billion in long-term debt and $5.6 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $27 per share. The firm's EBITDA totals $1.404 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places.

Answers

Answer:

market/book ratio = 1.93

EV/EBITDA ratio = 15.01

Explanation:

market/book ratio = market price per share / book price per share

market price per share = $27book value per share = $5,600,000,000 / 400,000,000 = $14

market/book ratio = $27 / $14 = 1.93

EV/EBITDA ratio = EV (enterprise value) / EBITDA

enterprise value = market value of equity + total liabilities - cash & cash equivalents = $10,800,000,000 + $10,400,000,000 - $120,000,000 = $21,080,000,000EBITDA = $1,404,000,000

EV/EBITDA ratio = $21,080,000,000 / $1,404,000,000 = 15.01

A job was budgeted to require 4 hours of labor per unit at $11.00 per hour. The job consisted of 7,000 units and was completed in 24,000 hours at a total labor cost of $312,900. What is the direct labor rate variance?

Answers

Answer:

$48,900 Adverse

Explanation:

The direct labor rate variance seeks to establish the difference in the wage rate that was budgeted for and the one actually incurred on the quantities used.

direct labor rate variance = Aq × Ap - Aq × Sp

                                          = (24,000 hrs × $13.04) - (24,000 hrs  × $11.00)

                                          = $312,900 - $264,000

                                          = $48,900 Adverse

Culver Corporation bought equipment on January 1, 2017. The equipment cost $460000 and had an expected salvage value of $45000. The life of the equipment was estimated to be 6 years. The depreciation expense using the straight-line method of depreciation is:_____.a. $84167.
b. $92000.
c. $69167.
d. none of these.

Answers

Answer:

Annual depreciation= $69,166.67

Explanation:

Giving the following information:

Purchase price= $460,000

Salvage value= $45,000

Useful life= 6 years

To calculate the depreciation expense, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (460,000 - 45,000) / 6

Annual depreciation= $69,166.67

Lollipop, Inc., is expected to grow at a constant rate of 9 percent. The company will pay a dividend of $2.75 next year and the current price of the stock is $37.35. If investors require a return of 18% on similar stocks, how much is the stock worth and is it a good buy?
a . No, it is not a good buy because the stock is worth $30.56
b. Yes, it is a good buy because the stock is worth 37.35
c. No, it is not a good buy because the stock is worth $9.50
d. None of the above

Answers

Answer:

a . No, it is not a good buy because the stock is worth $30.56

Explanation:

Calculation for how much is the stock worth and is it a good buy

Using this formula

Stock worth=D1/(Required return-Growth rate)

Let plug in the formula

Stock worth=2.75/(0.18-0.09)

Stock worth=2.75/0.09

Stock worth=$30.55

Stock worth=$30.56(Approximately)

Based on the above calculation we can see that the current price of the stock of the amount of $37.35 is higher than the current worth amount of the stock of the amount of $30.56 which indicates that " No, it is not a good buy because the stock is worth $30.56"

How does a market demand curve differ from an individual demand curve? How are they similar?

Answers

Answer:

The market demand curve shows the quantities demand by everyone who is interested in purchasing the product, while the term demand curve is used to describe the demand of an individual.

D. Galaxy Jewelers sells diamond necklaces for $299.00 less 25%. Brilliant Jewelers
offered the same necklace for $350.00 less 35%, and 10%. What additional rate of
discount must Galaxy offer to meet the competitor's price?

Answers

They need to make a new necklace that is more than the competition and hope it sells

Explain what us meant by the phrase “ethical behavior”.

Answers

Answer: Something is ethical if it does not cause harm and society considers it to be good. Ethical behavior is generally any action that furthers a good outcome for someone else without causing intentional harm to anyone.

Explanation:

If something produces no harm and is seen as morally upright by society, it is ethical. A general definition of ethical behavior is any action that helps someone else without intentionally hurting someone else.

What is “ethical behavior”?

Ethical behavior is characterized by honesty, justice, and equity in interpersonal, professional, and academic relationships as well as in research and intellectual endeavors.

A few examples of ethical workplace conduct include adhering to company standards, communicating clearly, accepting responsibility, being accountable, acting professionally, and having faith in and respect for your coworkers.

People must act morally if we want to speak the truth, keep our word, or help a complete stranger. An ethical framework that helps us avoid unfair results and makes decisions that have a good impact on the world serves as our guidance for daily decision-making.

Thus, If something produces no harm and is seen as morally upright by society.

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