Business, 05.05.2020 16:08 Ryan02717

A 5% coupon corporate bond settlement price is 104.315 at exactly 2 months before the next coupon payment date. What is the invoice price of the bond (% of face, rounded % to three places after the decimal)? Correct 105.982 ± 0.001

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:10, kelseydavid69

Sarah needs to complete financial aid packets. during which school year would she do this? sophomore freshman senior junior

Answers: 2

continue

Business, 22.06.2019 09:40, cerna

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?

Answers: 1

continue

Business, 22.06.2019 18:00, tifftiff22

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?

Answers: 1

continue

Business, 22.06.2019 21:40, brianmondesir1owahud

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.

Answers: 2

continue

You know the right answer?

A 5% coupon corporate bond settlement price is 104.315 at exactly 2 months before the next coupon pa...