GAT, Inc. has issued a $1,000 par 4% annual coupon bond that is to mature in 18 years. If your required rate of
return is 6.5%, what price would you be willing to pay for the bond?
What will be an ideal response?
$739.19 from Excel PV function with Rate = .065, Nper = 18, Pmt = 40, Fv = 1000, and Type = 0
You might also like to view...
A major difference between the sale of complementary goods/services versus the sale of substitute goods is that the sale of substitute goods may _____
a. have little impact on total retail sales b. increase inventory turnover c. give a retailer a one-stop shopping environment d. provide a weak retail image
Negligence concerns harm that:
a. is unforeseeable. b. arises intentionally. c. arises by accident. d. is always substantial.
A supply chain that integrates forward logistics with reverse logistics is called a(n) ________
Fill in the blanks with correct word
Under the FLSA, workers in all of the following groups may be legally paid less than minimum wage except for: ______
A)Full time college students. B)Individuals with impaired productive capacity due to mental disability C)Domestic service workers. D)Workers at firms engaged in interstate commerce.