Business, 26.03.2020 18:55 ericchen4399
A company has decided to issue 15-year convertible bonds which carry coupon rate of 3.35% and which have a conversion ratio of 68.75. Five years later, the stock is trading at $26.54. Ignoring fluctuations in interest rates, what is the approximate value of the bond?
Answers: 2
Business, 22.06.2019 20:30
John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76
Answers: 1
Business, 22.06.2019 23:00
Even sole proprietors should have at least how many computers? 1 2 3 4
Answers: 1
Business, 23.06.2019 12:10
When the united states buys more products than it sells from other countries what is created?
Answers: 3
Business, 23.06.2019 12:30
Match each type of insurance with an example of when the insurance company would make a payment.a.liability coverageyou cause an accident that damages someone else's car.b.disability insuranceyou go to the emergency room after a car accident.c.renter's insuranceyour stereo and computer are stolen from your apartment.d.health insuranceyou have to take a month off from work because of a broken leg.
Answers: 3
A company has decided to issue 15-year convertible bonds which carry coupon rate of 3.35% and which...
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