Business, 30.11.2019 05:31 Dweath50

Quizlit a $1,000 bond quote in the business press reports coupon (%) of 3.45, maturity of 2024, current ($) of 1,012.90 and yield (%) of 3.29. which of the following is true regarding this bond?
a) when the bond matures in 2024, the issuer will pay $1,000 plus any interest owed.
b) the bond sold at a discount because the stated rate is greater than the market rate of interest.
c) the bond sold for $1,000 on that day.
d) the investor who purchased the bond at the current price will earn a return of 3.29%
e) the bond sold at a premium because the stated rate is greater than the market rate of interest.
f) when the bond matures in 2024, the issuer will pay $949.20 plus any interest owed.
g) the bond sold for $1,012.90 on that day. v

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 23:10

At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?

Answers: 2

Answer

Business, 22.06.2019 11:00

If the guide wprds on the page are "crochet " and "crossbones", which words would not be on the page. criticize, crocodile,croquet,crouch,crocus.

Answers: 1

Answer

Business, 22.06.2019 11:10

The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?

Answers: 2

Answer

Business, 22.06.2019 13:10

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?

Answers: 2

Answer

You know the right answer?

Quizlit a $1,000 bond quote in the business press reports coupon (%) of 3.45, maturity of 2024, curr...

Questions