Union Local Scholl District has bonds outstanding with a coupon rate of 4.6% paid semiannually and 21 years to maturity. The yield to maturity on these bonds is 3.9% and the bonds have a par value of $5,000.
A) What is the dollar price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places)
1) Bond price $_____________ (The answer is not 5,515.84)
*****Please have someone who can calculate this problem correctly complete it because the last time it was wrong********
Bonuses Can BackfireIt might seem obvious that people will be motivated by bonuses, but many scholars question this premise. Alfie Kohn has long suggested that workers ar...Jul 13 2020
The circular flow model summarizes the kinds of inter actions among consumers, business firms, and governments. Businesses buy factors of production in factor markets in ...May 21 2018
Two large porous plates are separated by a distance B as shown in the figure below. The temperatures of the lower and the upper plates are Toand T1, respectively, with T1...Jul 25 2020
How training and development can enhance organizational productivity: A case study of construction industry in NigeriaDocument Preview:Order IdOrder TypereportWords...May 15 2020
One mole of N2gas is contained at 273 K and a pressure of 1 atm. The addition of3000 joules of heat to the gas at constant pressure causes 832 joules of work to be done d...Jun 19 2020
The complexity of organizations can be incorporated in the organization change plan by ______a. simplifying the organization into three levelsb. incorporating into the pl...Aug 22 2020
Question - 1 What is T2-FLAIR? Question – 2 What is meant by an "IR-prepped" sequence? How is this different from "standard" inversion recovery? Question – 3 What is...Jul 18 2020
ROI, RI, DuPont method, investment decisions, balanced scorecard. News Report Group has two major divisions: Print and Internet. Summary financial data (in millions) for ...Jul 15 2020
The following accounts and balances were drawn from the records of Barker Company at December 31, 2016: Supplies ............... $ 1,000 Beginning retained earnings ........Apr 12 2020
The direct write-off method of accounting for uncollectible accounts overstates assets on the balance sheet. 22.With the direct write-off method, writing off an accou...Jan 25 2020
Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.