A $700 bond at a 15.25% interest rate is purchased at 90% of face value. What is the rate of annual yield to the investor? Assume the bond is purchased on the interest date
17%;
$700 × 0.9 = $630
1 × $7 = $7
$7 + $630 = $637
$700 × 0.1525 = $106.75
$106.75 ÷ $637 = 0.17 = 17%
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A) Allowance for Uncollectible Accounts 2,000 Accounts Receivable/Customer Account 2,000 B) Accounts Receivable/Customer Account 2,000 Allowance for Uncollectible Accounts 2,000 C) Accounts Receivable 2,000 Notes Receivable 2,000 D) Cash 2,000 Accounts Receivable 2,000
New initiatives undertaken by two entities that involve the creation of a new entity owned by both partners are called ______.
A. joint ventures B. nonprofit enterprises C. corporate partnerships D. nonprofit business ventures
To decertify a union, at least 30% of eligible employees must have signed a(n) _______________________________.
Fill in the blank(s) with the appropriate word(s).
Morgan and ____ were transferred to our satellite office
A) her B) she C) herself