You have just purchased a municipal bond with a $10,000 par value for $9,500. you purchased it immediately after the previous owner received a semiannual interest payment. the bond rate is 6.6% per year payable semiannually. you plan to hold the bond for 3 years, selling the bond immediately after you receive the interest payment. if your desired nominal yield is 9% per year compounded semiannually, what will be your minimum selling price for the bond?
Answers: 2
Business, 21.06.2019 14:00
Which is part of the sales process? a. customer retention b. billing c. cost planning d. customer relations
Answers: 1
Business, 22.06.2019 11:30
Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task
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Business, 22.06.2019 15:30
Susan is a 5th grade teacher and loves getting up every day and going to work to teach her students. this is an example of a. extrinsic value b. interests c. intrinsic value d. external value
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Business, 22.06.2019 18:10
Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?
Answers: 1
You have just purchased a municipal bond with a $10,000 par value for $9,500. you purchased it immed...
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