The amount of Stevie's ordinary income with respect to the restricted stock is $5,450.
When Stevie received the restricted stock, the share price was $8 per share, and she received 1,090 shares. The value of the restricted stock at that time would be calculated as $8 per share multiplied by 1,090 shares, which equals $8,720.
Since Stevie made an 83(b) election, she includes the value of the restricted stock as ordinary income in the year it was granted. Therefore, the amount of Stevie's ordinary income with respect to the restricted stock is $8,720.
When the restricted shares vested three years later, the market price was $11 per share. However, this price is not relevant for determining ordinary income as Stevie already included the value of the restricted stock as ordinary income when it was granted.
When Stevie sold the shares after holding them for a little more than three years, the market price was $16 per share. The gain from the sale of the stock would be calculated as the selling price ($16 per share) minus the cost basis, which is the amount included as ordinary income ($8,720). However, the gain from the sale is not considered ordinary income.
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Conaway Company’s balance sheet on December 31, Year 10, included the following:
Common stock, $1 par $800,000
Nonconvertible preferred stock, $50 par 20,000
On July 21, Year 11, Loaded issued a 25% stock dividend on its common stock. On December 12, Year 11, the company paid $50,000 of cash dividends on the preferred stock. Net income for the year ended December 31, Year 11 was $2,000,000.
Instructions:
Compute Loaded's EPS for Year 11.
Loaded's EPS (earnings per share) for Year 11 is $4.27 per share. The EPS (earnings per share) is the amount of earnings allocated to each outstanding share of stock. The formula to compute EPS is EPS = (Net income - Preferred dividends) ÷ Weighted average common shares outstanding.
There are 800,000 shares of common stock with $1 par value, so the amount of common stock outstanding before the stock dividend was 800,000 shares. Since a 25% stock dividend was issued on the common stock, the number of common shares outstanding increased by 200,000 shares (25% x 800,000 shares). Thus, the number of common shares outstanding after the stock dividend is 1,000,000 shares (800,000 + 200,000).
The preferred stock is nonconvertible, so it does not affect the computation of the weighted average number of common shares outstanding. The weighted average number of common shares outstanding for Year 11 is computed as follows: Weighted average common shares outstanding = (Number of shares before stock dividend × Fraction of year before stock dividend) + (Number of shares after stock dividend × Fraction of year after stock dividend)Weighted average common shares outstanding = (800,000 × 172/365) + (1,000,000 × 193/365)Weighted average common shares outstanding = 426,849 + 526,027Weighted average common shares outstanding = 952,876The preferred dividends are $50,000 for Year 11. Thus, the EPS for Year 11 is computed as follows: EPS = (Net income - Preferred dividends) ÷ Weighted average common shares outstanding EPS = ($2,000,000 - $50,000) ÷ 952,876EPS = $1,950,000 ÷ 952,876EPS = $2.05 per share After rounding to the nearest penny, Loaded's EPS for Year 11 is $2.05 per share.
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the garraty company has two bond issues outstanding. both bonds pay $100 annual interest plus $1,000 at maturity. bond l has a maturity of 15 years, and bond s has a maturity of 1 year.
Based on the information provided, it seems that the Garraty Company has two bond issues: Bond L and Bond S.
Bond L has a maturity of 15 years, which means it will mature in 15 years from its issuance date. It pays $100 in annual interest and also provides a $1,000 payment at maturity.
Bond S, on the other hand, has a much shorter maturity period of 1 year. It also pays $100 in annual interest and offers a $1,000 payment at maturity.
It is important to note that additional information would be needed to provide a comprehensive analysis of these bond issues, such as the current market price of the bonds, coupon rates, yield rates, and any other relevant details.
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Consider the AS-AD model. For each of the blanks, enter for increase, 'D' for decrease, or "N" for not change for each curve based on the shock given al Suppose that a disease strikes the agriculture industry AD would 1. AS would and LRAS would b) Suppose that Brooklyn experiences a 3% increase in tourism. AS would AD would and LRAS would c) Suppose that fuel prices in Brooklyn decrease by 5%, AD would AS would and LRAS would d) Suppose that the City Council of Brooklyn cuts spending by 8%. AD would AS would and LRAS would
The AS-AD (Aggregate Supply-Aggregate Demand) model is a key model in macroeconomic analysis. It considers the relationship between the overall price level in an economy and the total quantity of goods and services produced (real output).
In the AS-AD model, the quantity of output is influenced by two types of aggregate spending: total spending on consumption goods and services (C) and total spending on investment goods and services
(I).For each of the blanks given below, enter 'D' for decrease, 'I' for increase, or "N" for no change for each curve based on the shock given:Suppose that a disease strikes the agriculture industry.AS would D.AD would D.LRAS would D.Suppose that Brooklyn experiences a 3% increase in tourism.
AS would N.AD would I.LRAS would I.
Suppose that fuel prices in Brooklyn decrease by 5%.AS would I.AD would I.LRAS would I.
Suppose that the City Council of Brooklyn cuts spending by 8%.AS would D.AD would D.LRAS would N.
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a) If a disease strikes the agriculture industry, the AD curve would decrease, the AS curve would decrease, and the LRAS curve would not change.
b) Suppose that Brooklyn experiences a 3% increase in tourism. The AD curve would increase, the AS curve would not change, and the LRAS curve would not change.c) Suppose that fuel prices in Brooklyn decrease by 5%. The AD curve would increase, the AS curve would increase, and the LRAS curve would not change.d) Suppose that the City Council of Brooklyn cuts spending by 8%. The AD curve would decrease, the AS curve would not change, and the LRAS curve would not change.In the AS-AD model, the AD curve represents the relationship between the price level and the quantity of output demanded, while the AS curve represents the relationship between the price level and the quantity of output supplied.The LRAS curve, on the other hand, represents the relationship between the price level and the quantity of output supplied in the long run when all factors of production are variable.
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Suppose the local-market demand a AAA minor-league baseball team
faces for an individual game is = 200 − 1000P. The team has a
stadium with a 16,000-seat capacity. Q is the number to tickets
The local-market demand for an individual game of a AAA minor-league baseball team is given by the equation 200 - 1000P, where P represents the ticket price.
The local-market demand equation for the AAA minor-league baseball team is represented as 200 - 1000P, where P is the ticket price. This equation shows that as the ticket price increases, the quantity demanded decreases. It implies an inverse relationship between price and quantity. Given that the stadium has a capacity of 16,000 seats, the number of tickets sold, represented by Q, cannot exceed this capacity. To determine the actual number of tickets sold for a game, we need more information. Specifically, we would need the specific ticket price (P) for the game in question. By plugging in the given price into the demand equation (200 - 1000P), we can calculate the corresponding quantity (Q) of tickets sold for that game. The capacity constraint of 16,000 seats ensures that the quantity of tickets sold cannot exceed this limit. The team will need to consider various factors such as market demand, pricing strategies, and stadium capacity to optimize ticket sales and revenue.
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Allison and Leslie, who are twins, just received $45,000 each for their 25th birthday. They both have aspirations to become millionaires. Each plans to make a $5,000 annual contribution to her "early retirement fund" on her birthday, beginning a year from today. Allison opened an account with the Safety First Bond Fund, a mutual fund that invests in high-quality bonds whose investors have earned 5% per year in the past. Leslie invested in the New Issue Bio-Tech Fund, which invests in small, newly issued bio-tech stocks and whose investors have earned an average of 12% per year in the fund's relatively short history. a. If the two women's funds earn the same returns in the future as in the past, how old will each be when she becomes a millionaire? Do not round intermediate calculations. Round your answers to two decimal places. Allison: years Leslie: years b. How large would Allison's annual contributions have to be for her to become a millionaire at the same age as Leslie, assuming their expected returns are realized? Do not round intermediate calculations, Round your answer to the nearest cent. $ c. Is it rational or irrational for Allison to invest in the bond fund rather than in stocks? 1. High expected returns in the market are almost always accompanied by a lot of risk. We couldn't say whether Allison is rational or irrational, just that she seems to have less tolerance for risk than Leslie does. II. High expected returns in the market are almost always accompanied by less risk. We couldn't say whether Allison is rational or irrational, just that she seems to have more tolerance for risk than Leslie does. III. High expected returns in the market are almost always accompanied by a lot of risk. We couldn't say whether Allison is rational or irrational, just that she seems to have more tolerance for risk than Leshe does. IV. High expected returns in the market are almost always accompanied by less risk. We couldn't say whether Allison is rational or irrational, just that she seems to have less tolerance for risk than Leslie does. V. High expected returns in the market are almost always accompanied by a lot of risk. We couldn't say whether Allison is rabonal or irrational, just that she seems to have about the same tolerance for risk than Leslie does. -Select-
a)If the two women's funds earn the same returns in the future as in the past, Allison will be 38.81 years old and Leslie will be 35.12 years old when she becomes a millionaire. Option III is the correct answer
The calculation for Allison: Calculation for Leslie: Allison's annual contributions should be $6,215.53. Calculation: c)In comparison to investing in stocks, Allison's investment in the bond fund is rational. Since Allison has a lower risk tolerance than Leslie, her decision to invest in a bond fund with a lower average rate of return but less volatility is rational.
The statement that "high expected returns in the market are almost always accompanied by a lot of risks" supports Allison's decision. (I.) The statement that "high expected returns in the market are almost always accompanied by less risk" contradicts the investment principles that state that higher expected returns are accompanied by greater risk.
(II.) The statement that "High expected returns in the market are almost always accompanied by a lot of risks" supports Allison's decision, but the statement that "she seems to have more tolerance for risk than Leslie does" is false since Allison has less tolerance for risk than Leslie does.
(III.) The statement that "high expected returns in the market are almost always accompanied by less risk" contradicts the investment principles that state that higher expected returns are accompanied by greater risk.
(IV.) The statement that "high expected returns in the market are almost always accompanied by a lot of risks" supports Allison's decision, but the statement that "she seems to have less tolerance for risk than Leslie does" is false since Allison has less tolerance for risk than Leslie does.
(V.) The statement that "high expected returns in the market are almost always accompanied by a lot of risks" supports Allison's decision, but the statement that "she seems to have about the same tolerance for risk as Leslie does" is false since Allison has less tolerance for risk than Leslie does.
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If you are maximizing utility and the marginal utility of one good you buy is much greater than the marginal utility of the other good, then it must mean Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a the price of the good with the lower marginal utility is lower b the price of the good with the lower marginal utility is higher с the good with a higher price is a necessity d the good with a higher price is a luxury
if the marginal utility of one product is much greater than the marginal utility of the other product, the price of the product with the lower marginal utility will be lower.
If you are maximizing utility and the marginal utility of one good you buy is much greater than the marginal utility of the other good, then it must mean that the price of the good with the lower marginal utility is lower. When marginal utility is greater than the price of a product, it is beneficial to buy additional units of that product until marginal utility equals price. However, when a good's marginal utility is lower than the price, it becomes detrimental to buy more of that product. A consumer will allocate his resources in such a way as to maximize total utility, based on the price of each good and the marginal utility of that good. Therefore, if the marginal utility of one product is much greater than the marginal utility of the other product, the price of the product with the lower marginal utility will be lower.
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Burnet Cafe is a cafe specializing in making Spanish coffee. During their very first week they incurred the following costs; shop rent $2,500, purchases of coffee beans (20 x 1 kilogram bags at $13.00 each), purchases of disposable cups (1,000 x $0.05 each), 1 x fulltime barista $850. At the end of the week they had 300 cups remaining (Assume no cups were damaged or lost during the week). Each 1 kg bag of coffee beans can normally make 150 coffees. Based on the scenario above, what is the total cost of the coffee beans consumed in the first week? Select one: a. $66.00 b. $67.00 c. $63.43 O d. $60.67
To calculate the total cost of coffee beans consumed in the first week, you first need to find out the total number of coffees made and then the cost of coffee beans used to make those coffees.
Given that each 1 kg bag of coffee beans can normally make 150 coffees, thus 20 bags will make 20 × 150 = 3,000 coffees. During the first week, they made 3,000 - 300 = 2,700 cups of coffee. Now let's find out the total cost of coffee beans: Total cost of coffee beans = 20 × $13 = $260Cost of coffee beans per cup of coffee = $260 / 3,000 = $0.0867 (rounded to 2 decimal places)
Therefore, the total cost of coffee beans consumed in the first week is: $0.0867 × 2,700 = $234.09 (rounded to 2 decimal places).Thus, the main answer is $234.09 which is option D. Option A ($66.00), option B ($67.00), and option C ($63.43) are all incorrect because they are not even close to the correct answer.
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You're trying to choose between two different investments, both of which have up-front costs of $30,000. Investment G returns $65,000 in six years. Investment H returns $98,000 in nine years. 0.65 points Calculate the rate of return for each these investments. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
The rate of return for Investment G is approximately 7.95%, and the rate of return for Investment H is approximately 8.69%.
To calculate the rate of return for each investment, we can use the formula for compound annual growth rate (CAGR):
CAGR = (Ending Value / Beginning Value)^(1 / Number of Years) - 1
For Investment G, the beginning value is -$30,000 (negative because it is an upfront cost) and the ending value is $65,000. The number of years is 6. Plugging these values into the formula, we find that the rate of return for Investment G is approximately 7.95%.
For Investment H, the beginning value is -$30,000 and the ending value is $98,000. The number of years is 9. Using the same formula, we calculate that the rate of return for Investment H is approximately 8.69%.
These rates of return represent the average annual growth rates for each investment, taking into account the initial cost and the final returns over the given time periods.
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QUESTION 26 In cost-plus pricing, the markup consists of manufacturing costs. desired ROI. selling and administrative costs. total cost and desired ROI. QUESTION 27 The desired ROI per unit is calculated by multiplying the ROI percentage by the investment and dividing by the estimated volume. multiplying the unit selling price by the ROI. dividing the total cost by the estimated volume and multiplying by the ROI. dividing the ROI by the estimated volume and subtracting the result from the unit cost.
Question 26 In cost-plus pricing, the markup consists of manufacturing costs and desired ROI. The term markup, which is a measure of the profit margin on the selling price of an item, is used in cost-plus pricing. The cost-plus method is a pricing method that considers all of the costs of producing a product, as well as a certain percentage markup for profit. The formula is:
Cost Price = Total Costs + Markup
The cost-plus pricing approach is a pricing strategy that relies on the product's total cost, production expenses, and the desired profit margin to set the product's selling price.
Question 27 The desired ROI per unit is calculated by multiplying the ROI percentage by the investment and dividing by the estimated volume. The formula to calculate the ROI is:
ROI (Return on Investment) = (Profit - Investment) / Investment
Therefore, to determine the ROI per unit, you must use the following formula:
ROI per unit = (Profit - Investment) / Volume
You must multiply the ROI percentage by the investment and divide by the estimated volume to obtain the desired ROI per unit.The other options in this question do not represent the correct calculation for ROI per unit.
The correct formula is dividing the ROI by the estimated volume and subtracting the result from the unit cost.
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Assume you are examining the reliability of a new test and obtain a reliability coefficient of 30. What does this mean?
If a reliability coefficient of 30 is obtained when examining the reliability of a new test, it means that the test is unreliable and cannot be used to accurately measure whatever construct it is intended to measure.
A reliability coefficient of 30 is extremely low; a coefficient of 0.7 or above is generally considered acceptable for most purposes.The reliability coefficient indicates the extent to which the scores obtained on a test are consistent and accurate. A higher coefficient indicates that the test is more reliable and that the scores obtained are more consistent and accurate. Therefore, a reliability coefficient of 30 implies that the scores obtained on the test are not consistent or accurate enough to be considered reliable.In order to improve the reliability of the test, further research is required. It may be necessary to revise the test or develop new items that are more reliable. It may also be necessary to administer the test to a larger sample in order to obtain more accurate and reliable results.
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the gdp market prices of India is 2.9 trillion USD at constant prices as on 2019-20. Explain the intuition why GDP calculated through three methods should give you 2.9 trillion or if they dont what will be the potential problem
The three methods of calculating GDP are the production approach, the income approach, and the expenditure approach. Ideally, all three methods should yield the same GDP figure of 2.9 trillion USD if calculated accurately. However, discrepancies may arise due to the following reasons:
1. Statistical Discrepancies: The three methods use different data sources and estimation techniques, which can lead to variations in the GDP calculations. Statistical discrepancies can occur when the data sources do not align perfectly or when there are measurement errors or gaps in data collection.
2. Time Lag: The GDP figure of 2.9 trillion USD is reported for the specific period of 2019-20. However, the data used for calculations may not be available for the exact same time period, resulting in differences in the reported GDP figures.
3. Assumptions and Estimations: GDP calculations involve assumptions and estimations for certain components, such as imputations for missing data or estimates for informal economic activities. These assumptions and estimations can introduce errors and discrepancies in the GDP calculations.
While the aim is for the three methods of calculating GDP to produce the same figure, variations can occur due to statistical discrepancies, time lags in data availability, and assumptions made during the estimation process. However, these differences are typically small and do not significantly impact the overall understanding of the country's economic performance.
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The beginning balance in retained earnings of is $1200,000 (Cr.). The current period net loss is $350,000 and declared stock dividends $150,000. The ending balance in retained eamings equals: O A. Credit of $1550,000. O B. Credit of $1400,000. OC. Credit of $700,000. O D. Credit of $850.000.
To determine the ending balance in retained earnings, we need to consider the beginning balance, the net loss for the current period, and the declared stock dividends.
The beginning balance in retained earnings is given as $1,200,000 (Cr.). Since it is a credit balance, we subtract it from the total.
Next, we have a net loss of $350,000 for the current period. A net loss decreases retained earnings.
Lastly, we have declared stock dividends of $150,000. Stock dividends are distributions of a company's own stock to shareholders, and they also reduce retained earnings.
To calculate the ending balance in retained earnings, we need to sum up the beginning balance, the net loss, and the declared stock dividends while taking into account their respective effects.
Beginning balance: -$1,200,000
Net loss: -$350,000
Declared stock dividends: -$150,000
Total: -$1,700,000
Since the balance is a credit balance, the ending balance in retained earnings would be a credit of $1,700,000. Therefore, the correct answer is Option A: Credit of $1,700,000.
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A firm's inverse demand is P - 800-40: its inverse supply function is P = 400+40. A graph appears below. S P 800 600 400 D Q 50 200 a. Calculate the consumer surplus. Р / Qs - - Qs = 600 - 3 1(50) 9(50) b. Calculate the producer surplus. 400 QD 100 4(Q) 9(200) 2 4 0.5 C. If the government imposes a price ceiling of $500, will this cause a shortage or surplus? Quantify the amount of the shortage or surplus. d. Calculate the deadweight loss from the price ceiling described in part c.
The deadweight loss from the price ceiling is zero, indicating that there is no efficiency loss caused by the price ceiling.
a. To calculate consumer surplus, we need to find the area under the demand curve (D) and above the market price (P). The market price (P) is given by the intersection of the demand and supply curves, which is P = 600.
Consumer Surplus = (1/2) * (600 - 400) * (200 - 50)
= (1/2) * 200 * 150
= 15,000
b. To calculate producer surplus, we need to find the area above the supply curve (S) and below the market price (P). The market price (P) is still P = 600.
Producer Surplus = (1/2) * (600 - 400) * (200 - 50)
= (1/2) * 200 * 150
= 15,000
c. If the government imposes a price ceiling of $500, it means that the maximum price allowed is $500. Since the market price (P) is currently $600, the price ceiling of $500 will create a shortage.
Shortage = Quantity Demanded (QD) - Quantity Supplied (QS)
= 200 - 100
= 100
d. To calculate the deadweight loss, we need to compare the total surplus (consumer surplus + producer surplus) in the absence of the price ceiling (which is 15,000 + 15,000 = 30,000) with the total surplus under the price ceiling.
Deadweight Loss = Total Surplus without price ceiling - Total Surplus with price ceiling
= 30,000 - (Consumer Surplus + Producer Surplus)
= 30,000 - (15,000 + 15,000)
= 30,000 - 30,000
= 0
Therefore, the deadweight loss from the price ceiling is zero, indicating that there is no efficiency loss caused by the price ceiling.
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Within the context of corporate governance structures, students must research, consider, analyse and provide referenced comments upon the infamous tweet by Elon Musk made on August 8, 2018, at 3:48am:
"Am considering taking Tesla private at $420. Funding secured."
The task will be assessed within the following sub-tasks:
A background to the firm and its pre-existing governance structures;
An analysis describing what led to the governance flaws in the firm;
A discussion of the effects of the tweet upon the firm, the CEO and the market;
An explanation of the actions taken to redress the governance flaws in the firm by the firm and by the government.
The infamous tweet by Elon Musk on August 8, 2018, where he stated he was considering taking Tesla private at $420 with funding secured, had significant implications for the firm, its CEO, and the market. This incident highlighted governance flaws within Tesla and triggered a series of actions to address the situation, both by the company and the government.
1. Background and Governance Structures: Tesla is an electric vehicle and clean energy company founded by Elon Musk. Prior to the tweet, Tesla had an established corporate governance structure, including a board of directors responsible for overseeing the company's operations and decision-making processes.
2. Governance Flaws: The tweet raised concerns about the transparency, accuracy, and legality of the statement. Musk's tweet was seen as a violation of disclosure requirements, as it potentially misled investors and violated securities laws. This incident revealed a governance flaw in terms of proper communication and adherence to regulatory requirements.
3. Effects on the Firm and the Market: The tweet had a significant impact on Tesla, leading to increased volatility in the stock price and potential reputational damage. Musk himself faced scrutiny, with legal and regulatory authorities investigating the matter. The market reacted to the tweet with confusion and uncertainty, highlighting the importance of accurate and responsible communication by corporate leaders.
4. Actions Taken to Address Governance Flaws: Following the incident, Tesla and Musk took steps to redress the governance flaws. Tesla's board of directors implemented measures to enhance oversight and compliance. Musk settled with the Securities and Exchange Commission (SEC), agreeing to step down as Tesla's chairman and pay a substantial fine. The incident also prompted discussions on corporate governance reforms and the need for greater accountability of executives.
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The company has been experiencing a lot of turnover. Management
is trying to figure out how to keep its best employees from
leaving.
• What is the issue?
• How would you handle it?
The issue is that the company has been experiencing a lot of turnover and management is trying to figure out how to keep its best employees from leaving. The issue is related to employee retention and the company's ability to retain its top talent.
Investigate the reasons for the high turnover rate The first step in addressing the high turnover rate is to investigate the reasons why employees are leaving. The investigation can be conducted through employee surveys, exit interviews, and discussions with current employees. The investigation can help identify any issues that may be contributing to the high turnover rate, such as poor management, lack of training, or low pay.2. Improve employee retention effortsOnce the reasons for the high turnover rate have been identified, the company can take steps to improve its employee retention efforts. This may include offering more competitive pay and benefits, providing more opportunities for professional development, and improving the work environment.3. Communicate with employeesFinally, it's important to communicate with employees about the steps the company is taking to improve retention. This can help build trust and show employees that their concerns are being taken seriously. Communication can be done through regular company-wide meetings, individual meetings with employees, and through the use of company newsletters and other communication channels.
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Franklin Corporation has an opportunity to purchase bonds at a rate of 11%. They are in the 34% tax bracket. What is the after tax yield on these bonds?
a) 5.93%
b) 9.62%
c) 3.74
d) 11%
e) 7.26%
The answer to this question is (e) 7.26%.Explanation:A corporation's after-tax yield for taxable bonds may be calculated using the following formula:After-Tax Yield = Before-Tax Yield x (100% - Tax Rate)For Franklin Corporation.
Before-tax yield = 11%Tax rate = 34%The formula now becomes:After-tax Yield = 11% x (100% - 34%) = 7.26%Thus, the after-tax yield on these bonds is 7.26%.Option (e) is the correct answer.This question's response is (e) 7.26%.Explanation:The formula below can be used to determine a corporation's taxable bond after-tax yield:After-Tax Yield is Before-Tax Yield multiplied by (100% - Tax Rate).Franklin Corporation:11% is the before-tax yield.Tax rate is 34%.Now, the equation is:After-Tax Yield is equal to 11% x (100% – 34%), or 7.26%.Consequently, these bonds' after-tax yield is 7.26%.The right response is option (e).
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Franklin Corporation has an opportunity to purchase bonds at a rate of 11%. Thus the after-tax yield on these bonds is 7.26%, and option (e) is the correct answer.
The formula to calculate the after-tax yield on bonds is:
After-tax yield = Pre-tax yield × (100% - Tax rate) / 100
As per the question, Franklin Corporation is in the 34% tax bracket. Thus, its tax rate is 34%. Also, the rate at which Franklin Corporation is getting an opportunity to purchase bonds is 11%. Hence, substituting these values in the formula of the after-tax yield, we get:
After-tax yield = 11 × (100 - 34) / 100
= 11 × 66 / 100= 7.26%
Therefore, the after-tax yield on these bonds is 7.26%.
After-tax yield = Pre-tax yield × (100% - Tax rate) / 100
= 11 × (100 - 34) / 100
= 11 × 66 / 100 = 7.26%.
The after-tax yield on these bonds is 7.26%.
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The current price of neckties is $30, but the equilibrium price of neckties is $25. As a result,
A. the quantity supplied of neckties exceeds the quantity demanded of neckties at the $30 price.
B. the quantity supplied of neckties exceeds the quantity demanded at the $30 price.
C. there is a surplus of neckties at the $30 price.
D. All of the above are correct.
The correct answer is D) All of the above. With the current price of neckties at $30, the quantity supplied exceeds the quantity demanded, resulting in a surplus of neckties. This situation occurs because the equilibrium price, which is the price at which quantity supplied equals quantity demanded, is lower at $25. Therefore, all of the statements presented in options A, B, and C are correct.
When the current price of neckties is $30, but the equilibrium price is $25, it indicates that the market is not in balance. In this case, the quantity supplied of neckties exceeds the quantity demanded at the $30 price (option B). Suppliers are willing to supply a higher quantity of neckties at the current price, anticipating higher sales. However, consumers are not demanding that same quantity at the given price, resulting in an excess supply.
This excess supply leads to a surplus of neckties in the market (option C). There are more neckties available than consumers are willing to buy at the $30 price. As a result, sellers may need to lower the price in order to clear the surplus and reach the equilibrium point where quantity supplied matches quantity demanded.
In summary, with the current price of neckties exceeding the equilibrium price, there is an excess supply, and the quantity supplied exceeds the quantity demanded. This creates a surplus of neckties in the market. Therefore, option D, "All of the above," is the correct answer.
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Use the following information to answer questions 23-25. Consider the following capital structure for ABC Corporation. The company has a floating-rate bank loan, preferred shares, and common equity in its capital structure. The firm's tax rate is 21%. The risk-free rate is 3% Details on the components of the capital structure are listed below. Debt: Short-term, variable-rate bank loan. $120 million par Remaining maturity of 2 years Bond's rate was recently reset to market yield of 5% So, now priced at par (market value - $120 million) Preferred equity: $100 million par 6% annual coupon Each $1,000 par issue is currently priced at $1.050. Common equity: 5 million shares outstanding Current share price: $50 Stock beta: 1.9 Market risk premium-7.0% What is ABC's cost of preferred equity? 5.71% 6.00% 11.43% 12.00%
The following information to answer questions 23-25. Consider the following capital structure for ABC Corporation, The cost of preferred equity for ABC Corporation is 5.71%.
The cost of preferred equity can be calculated by dividing the annual preferred dividend by the market price per preferred share.
Annual preferred dividend = Preferred coupon rate * Par value = 6% * $100 = $6
Market price per preferred share = $1.050 (given)
Cost of preferred equity = Annual preferred dividend / Market price per preferred share = $6 / $1.050 ≈ 5.71%
Therefore, ABC Corporation's cost of preferred equity is 5.71%.
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How should Stripe market the Stripe climate to its clients?
Stripe should market the Stripe climate to its clients by giving them insights on how they can help reduce the negative impact of global warming on the environment. This marketing strategy will require Stripe to create a compelling narrative that is based on data-driven insights that customers can easily understand.
In addition to this, Stripe can also highlight the benefits of using Stripe Climate. For instance, the platform allows businesses to purchase carbon offsets from credible sources, thereby offsetting their carbon footprint. By highlighting these benefits, Stripe can make it clear that Stripe Climate is a practical solution for businesses that want to make a positive impact on the environment.
Stripe can also use the power of storytelling to help customers understand the importance of reducing carbon emissions. This can be done through the use of videos, infographics, and blog posts that highlight the impact of climate change and how it affects the environment, wildlife, and humans. This approach will make it easier for customers to understand the significance of reducing carbon emissions and how they can make a difference by using Stripe Climate.
Furthermore, Stripe can collaborate with environmental organizations and charities to raise awareness about climate change. By partnering with organizations that focus on climate change, Stripe can create a positive brand image and show its commitment to reducing carbon emissions. This approach will also help Stripe gain the trust and loyalty of customers who are concerned about the environment.
In conclusion, Stripe can market Stripe Climate to its clients by providing them with data-driven insights, highlighting the benefits of using Stripe Climate, using storytelling to explain the importance of reducing carbon emissions, and partnering with environmental organizations and charities. By implementing these strategies, Stripe can position itself as a leader in the fight against climate change while also helping businesses reduce their carbon footprint.
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Assume that, under a system of flexible exchange rates, Mexicans decide to increase their financial investment in Canada. As a result:
a. the peso and the Canadian dollar will both depreciate in value
b. there will be no change in the values of the two currencies
c. the peso and the Canadian dollar will both appreciate in value
d. Canadians will want to buy fewer Mexican products at the new exchange rate
e. the peso will depreciate and the Canadian dollar will appreciate in value
ANSWER Option E
Assuming that, under a system of flexible exchange rates, Mexicans decide to increase their financial investment in Canada, then as a result, the peso will depreciate and the Canadian dollar will appreciate in value.Option E is correct.
Exchange rates are determined by the foreign exchange market under a flexible exchange rate system. The demand and supply of a particular currency determine its exchange rate with other currencies in the international market.
How does financial investment impact exchange rates: When a foreign investor invests in a country, the demand for that country's currency rises. Due to the increased demand, the value of that country's currency appreciates, causing the exchange rate of the foreign currency to depreciate. In the given scenario, as Mexicans decide to increase their financial investment in Canada, the demand for Canadian dollars will increase. As a result, the Canadian dollar will appreciate in value and the peso will depreciate. Hence, option E is correct.
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To write a congratulatory message, use a plan similar to the plan used for a thankful message.
TRUE
FALSE
FALSE. To write a congratulatory message, you may use a similar structure or format as a thankful message, but the content and tone will be different.
A congratulatory message is meant to celebrate and acknowledge someone's achievements, milestones, or successes, whereas a thankful message expresses gratitude and appreciation for someone's help, support, or kindness. While both messages may contain positive sentiments, the focus and purpose of each message differ.
In a congratulatory message, you would typically begin by directly addressing the recipient and expressing your congratulations. You would then highlight the specific achievement or milestone they have reached and express your admiration or praise. It's important to personalize the message and be specific about what you are congratulating them for. You can also include words of encouragement or well wishes for their future endeavors. Overall, the tone of a congratulatory message is joyful, celebratory, and inspiring.
In contrast, a thankful message would start by expressing your gratitude and acknowledging the specific actions or support you are thankful for. You would explain how the person's assistance or contribution has made a positive impact on your life or work. The tone would be more sincere, appreciative, and focused on expressing your gratitude.
While there may be some similarities in the structure or format of these messages, the content and purpose of a congratulatory message are distinct from a thankful message.
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Case Study Resistance to Operative Site Marking To reduce the number of wrong-site surgeries in the United States, The Joint Commission’s National Patient Safety Goals (2012) include the mandate that all operative sites be marked prior to surgery. The operating surgeon is required to make the site marking in the preoperative area just before the patient is taken in to the operating room. You are the COO of a small town hospital, Center City Memorial Hospital with 32 beds. Your background is in finance and you have and MBA with no clinical experience. Dr. Josephine Roberts is the Chief of the Medical Staff, Dr. Harvey Rehnquist is the Chief of Surgery, and Dr. Townes is a busy general surgeon who does many surgeries. Dr. Townes has been resistant to marking his patients. There have been arguments between Dr. Townes and the operating room (OR) nurses in the past, which has been handled by Dr. Roberts, Chief of the Medical Staff. The OR nurses have been instructed not to bring patients in to the OR until have are properly marked. Despite site marking being The Joint Commission mandate, Dr. Townes refuses to mark the site and states it is detrimental to the patient’s well-being and invades the patient’s privacy being so close to the patient’s genital area. As COO, you have been called upon to resolve this issue on the spot as both clinical Chiefs are at a professional development conference that week. You decide that if the surgical site is not marked, then Dr. Townes would have to explain this to the patient and have the patient sign a release agreeing not to have the site marked and acknowledgement that omitting the marking may cause more risk for wrong-site surgery. After considering this option, Dr. Townes decides the consent procedure is more bothersome than just marking the site. Modified from: Buchbinder, S., Shanks, N., & Buchbinder, D. (2014). Improving Block Time Utilization to Increase Operating Room Efficiency. Cases in health care management, (pp. 93-95). Sudbury, Mass.: Jones & Bartlett Learning.
Utilizing the case study for Week 4 in the weekly readings, address each of the following bullets in a new paragraph. Please be specific.
Present a background statement on the case study identifying the problems and secondary issues from health care professionals and human resources perspectives.
Present a leadership team (identified by specific professions) to examine the problems and issues identified in the previous bullet.
Examine how this organization would achieve organizational excellence from the interdisciplinary model of care perspective.
Final thoughts on the course reading and viewing as applied to this case study. Please cite your sources in APA at the end of your content.
Leadership is required to identify the problems and issues associated with this case study of resistance to operative site marking in a hospital. The leadership team must include professionals with clinical experience and qualifications that are related to the present case. To resolve the issue on the spot, there is a need for a leadership team with specific professions. The following is an example of the leadership team:Chief Nursing Officer (CNO): The CNO is required to lead this leadership team.
The CNO is responsible for ensuring patient safety and should have experience and knowledge in clinical nursing practice, leadership, and patient safety. The CNO should lead the team and be responsible for ensuring the team develops, implements, and monitors strategies to address the problems and issues associated with the case. In this particular case, the CNO should work with other leaders to come up with a solution that ensures the OR nurses do not compromise patient safety.Chief Medical Officer (CMO): The CMO should have a background in medicine and have knowledge of hospital operations, clinical practice, and patient safety. In this case, the CMO can provide guidance on best practices for clinical practice, as well as how to educate staff and physicians on the importance of marking the operative site. The CMO should also ensure that all staff and physicians adhere to the policies set by the Joint Commission.Senior OR nurse: The senior OR nurse should have experience in OR nursing and should have knowledge of the policies and guidelines set by the Joint Commission. The senior OR nurse should be responsible for ensuring that all OR nurses comply with the policy and that patients are not brought to the OR until the operative site is marked. The senior OR nurse should also provide education to other OR nurses on the importance of marking the operative site.In conclusion, leadership is critical to address the issues associated with the case. The CNO, CMO, and senior OR nurse, are all professionals who are well qualified to address the issue. They should work together to develop strategies that will ensure that the operative site is marked in compliance with the Joint Commission’s mandate. Modified from: Buchbinder, S., Shanks, N., & Buchbinder, D. (2014). Improving Block Time Utilization to Increase Operating Room Efficiency. Cases in health care management, (pp. 93-95). Sudbury, Mass.: Jones & Bartlett Learning.Sources:Jones, G. R., & George, J. M. (2016). Contemporary management. New York, NY: McGraw-Hill Education.Buchbinder, S. B., Shanks, N. H., & Buchbinder, D. (2014). Introduction to health care management. Sudbury, MA: Jones & Bartlett Publishers.For such more question on Joint Commission
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After a recession, _____.
Select the correct answer below:
the economy's internal structure does not usually revert to its exact earlier shape
the economy no longer has an internal structure
the economy's internal structure is permanently altered
the economy's internal structure reverts back to ts exact earlier shape
After a recession, the correct answer is: the economy's internal structure does not usually revert to its exact earlier shape.
Recessions are periods of economic contraction and downturn characterized by a decline in economic activity, output, and employment. During a recession, various factors can impact the structure of the economy, such as changes in consumer behavior, technological advancements, shifts in industries, and government policies. These factors can lead to structural adjustments and alterations in the economy's internal structure.
After a recession, it is common for the economy to undergo changes that can have lasting effects. For example, certain industries may decline while new industries emerge, job opportunities may shift, and consumer preferences may change. These changes can result in a different composition of output, employment, and investment in the post-recession period.
While the economy may recover and experience growth following a recession, the internal structure is typically permanently altered to some extent. The exact shape of the pre-recession economy may not be replicated, as the economic landscape evolves in response to the challenges and opportunities arising from the recession.
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An analysis of the external environment in the strategic management process helps to identify ________.
Group of answer choices
a company's opportunities and threats.
the financial ratios the company should use.
a company's strengths and weaknesses.
the short-term goals for a company.
The correct option is "a company's opportunities and threats." An analysis of the external environment in the strategic management process helps to identify a company's opportunities and threats.
Strategic management is the process of planning, evaluating, and implementing long-term goals and plans for an organization.
It's the process of defining an organization's objectives, coming up with strategies to achieve those objectives, and allocating resources to implement those strategies to accomplish the goals that have been established.
Analysis of External Environment in Strategic Management Process
In the strategic management process, an analysis of the external environment is a vital factor. It is done to identify the opportunities and threats that a company may face in the market.
Here are the different external factors that affect the strategic management process:
Opportunities: Identifying the available opportunities for the company can help the company come up with a strategic plan that will enable them to take advantage of these opportunities to help achieve their objectives. This analysis should identify the changes in the market and economy and the changes in technology that can be leveraged to the company's advantage.Threats: On the other hand, identifying threats can help a company develop strategies to mitigate them and avoid any negative impact they may have on the company's objectives. An analysis of the external environment should identify the potential competitors, suppliers, and customers that may be a threat to the company.The external analysis should be able to identify the potential challenges that the company may face in the market that may hinder the company from achieving its objectives.
An analysis of the external environment in the strategic management process helps to identify a company's opportunities and threats.
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On January 1, Carlo, Jamie, Roma, and Fe, formed CABLES Trading, a local partnership, with capital contributions of P500,000, P250,000, P350,000, and P200,000, respectively. The articles of co-partnership provided that: •Each partner shall receive a 6% interest on contributed capital; •Carlo and Jamie shall receive monthly salaries of P15,000 and P13,000, respectively; •The balance of the profits shall be distributed to Carlo, Jamie, Roma, and Fe in 3:3:2:2 ratio, respectively. If the net income for one quarter is P300,000, what is the share in the profit of Fe?
Fe's share in the profit is P50,000. Each partner shall receive a 6% interest on contributed capital.Using this formula, we can calculate the amount of interest that each partner will receive:Carlo = 6% x P500,000 = P30,000Jamie = 6% x P250,000 = P15,000
Cables Trading is a local partnership of Carlo, Jamie, Roma, and Fe, with P500,000, P250,000, P350,000, and P200,000 contributions, respectively. In one quarter, the net income of the company is P300,000. We can calculate each partner's share in the net income using the articles of co-partnership provided for in the problem.
1. Each partner shall receive a 6% interest on contributed capital.Using this formula, we can calculate the amount of interest that each partner will receive:Carlo = 6% x P500,000 = P30,000Jamie = 6% x P250,000 = P15,000Roma = 6% x P350,000 = P21,000Fe = 6% x P200,000 = P12,0002. Carlo and Jamie shall receive monthly salaries of P15,000 and P13,000, respectively.Carlos' salary = P15,000 x 3 months = P45,000Jamie's salary = P13,000 x 3 months = P39,0003. The balance of the profits shall be distributed to Carlo, Jamie, Roma, and Fe in 3:3:2:2 ratios, respectively.
The total profit share is 3 + 3 + 2 + 2 = 10
Fe's share = 2/10 x P300,000 = P60,000Fe's share in the profit of Fe = P60,000 - P12,000 = P50,000
Therefore, Fe's share in the profit is P50,000.
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Ajax Limited is a company listed on the NZX. Ajax has announced it will make a dividend payment at the end of the year of $1.75 per share. The average annual growth rate in the company's dividends over the past five years has been 5%. Ajax's shareholders have a required rate of return of 15% p.a. Ajax's shares have been trading very consistently around $20 per share for the past few months and analysts suggest this is likely to continue for the foreseeable future. How can you explain this price based on the constant growth dividend discount model?
The actual market price of Ajax's shares can deviate from the price predicted by the model.
The constant growth dividend discount model, also known as the Gordon Growth Model, can be used to explain the current price of Ajax Limited's shares based on its dividends.
According to the constant growth dividend discount model, the price of a share is equal to the present value of its expected future dividends. The formula for calculating the price of a share using this model is:
Price = Dividend / (Required Rate of Return - Dividend Growth Rate)
In this case, the dividend payment at the end of the year is $1.75 per share, and the average annual growth rate in dividends over the past five years is 5%. The required rate of return for shareholders is 15% p.a.
Using the formula, we can calculate the price of Ajax's shares:
Price = $1.75 / (0.15 - 0.05) = $1.75 / 0.1 = $17.50
The calculated price based on the constant growth dividend discount model is $17.50 per share. However, the shares of Ajax have been consistently trading around $20 per share for the past few months. This suggests that the market price is higher than the price calculated using the model.
There could be several reasons for the market price being higher than the model's price. One possible explanation is that investors have a positive perception of Ajax's future prospects, leading them to assign a higher value to the company's shares. This positive sentiment could be driven by factors such as strong financial performance, anticipated growth opportunities, or positive industry trends.
It's important to note that the constant growth dividend discount model is a simplified valuation approach and relies on various assumptions. Market prices can be influenced by factors beyond the model's scope, such as market sentiment, supply and demand dynamics, and macroeconomic conditions. Therefore, the actual market price of Ajax's shares can deviate from the price predicted by the model.
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What is the value today of receiving $2,774.00 per year forever?
Assume the first payment is made next year and the discount rate is
6.00%. Answer format: Currency: Round to: 2 decimal places.
To determine the present value of receiving $2,774.00 per year forever, we can use the formula for the present value of a perpetuity:
Present Value = Annual Payment / Discount Rate
In this case, the annual payment is $2,774.00, and the discount rate is 6.00% or 0.06 in decimal form. Plugging these values into the formula, we get:
Present Value = $2,774.00 / 0.06 = $46,233.33 (rounded to 2 decimal places).
Therefore, the present value of receiving $2,774.00 per year forever, with the first payment made next year and a discount rate of 6.00%, is approximately $46,233.33.
This means that if you were to receive $2,774.00 per year indefinitely, the present value of that stream of cash flows, discounted at a rate of 6.00%, is equivalent to $46,233.33 in today's dollars.
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What is the influence of restaurant environment on purchase intention in Malaysia’ Fast Food Industry?
What is the influence of food quality on purchase intention in Malaysia' Fast Food Industry?
What is the influence of brand image on purchase intention in Malaysia' Fast Food Industry?
Research Objectives
To examine the influence of restaurant environment on purchase intention in Malaysia’ Fast Food Industry.
To examine the influence of food quality on purchase intention in Malaysia’ Fast Food Industry.
To examine the influence of brand image on purchase intention in Malaysia’ Fast Food Industry.
5,000 words.
The Influence of Restaurant Environment, Food Quality, and Brand Image on Purchase Intention in Malaysia's Fast Food Industry
This research aims to investigate the factors that influence purchase intention in Malaysia's fast food industry, specifically focusing on restaurant environment, food quality, and brand image.
By understanding the impact of these factors, fast food industry players can develop effective marketing strategies to enhance customer satisfaction and loyalty.
The study employs a quantitative research design, collecting data from fast food consumers in Malaysia through a structured questionnaire. The findings will provide valuable insights into the relationship between restaurant environment, food quality, brand image, and purchase intention, contributing to the body of knowledge in the field of consumer behavior and marketing.
Table of Contents:
Introduction
1.1 Background
1.2 Research Objectives
1.3 Research Questions
1.4 Significance of the Study
Literature Review
2.1 Fast Food Industry in Malaysia
2.2 Purchase Intention
2.3 Restaurant Environment and Purchase Intention
2.4 Food Quality and Purchase Intention
2.5 Brand Image and Purchase Intention
Research Methodology
3.1 Research Design
3.2 Sampling Technique
3.3 Data Collection
3.4 Questionnaire Development
3.5 Data Analysis
Results and Findings
4.1 Descriptive Statistics
4.2 Correlation Analysis
4.3 Regression Analysis
Discussion
5.1 Relationship between Restaurant Environment and Purchase Intention
5.2 Relationship between Food Quality and Purchase Intention
5.3 Relationship between Brand Image and Purchase Intention
5.4 Comparison of Factors' Influence on Purchase Intention
Implications and Recommendations
6.1 Marketing Strategies for Enhancing Restaurant Environment
6.2 Improving Food Quality to Increase Purchase Intention
6.3 Enhancing Brand Image to Influence Purchase Intention
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how has the level of service that salespeople provide to consumers changed over the past few decades?
The level of service provided by salespeople has shifted towards a more customer-centric and personalized approach.
Over the past few decades, the level of service provided by salespeople to consumers has undergone significant changes due to various factors. Some key changes include:
Technology and Information Access: The widespread availability of the internet and advancements in technology have revolutionized the way salespeople interact with consumers. Salespeople now have access to vast amounts of information, allowing them to provide more detailed and personalized product knowledge.
Consumers can also independently research products and compare prices, making them more informed and demanding when engaging with salespeople.
Shift to Customer-Centric Approach: The focus of sales has shifted from a transactional approach to a customer-centric approach. Salespeople now strive to build relationships with customers, understand their needs, and provide tailored solutions.
This shift has led to a greater emphasis on providing excellent customer service, offering post-sale support, and fostering long-term customer loyalty.
Personalization and Customization: With increased competition and evolving consumer preferences, salespeople have recognized the importance of personalization.
They strive to understand individual customer preferences and offer customized solutions. This can include personalized product recommendations, targeted marketing campaigns, and tailored pricing options.
Omnichannel Sales: The rise of e-commerce and online marketplaces has expanded the sales landscape. Salespeople now engage with customers through multiple channels, including physical stores, websites, social media platforms, and mobile apps. This allows for greater convenience and flexibility in accessing products and services.
Enhanced Sales Techniques and Training: Sales techniques have evolved to focus on consultative selling rather than aggressive persuasion.
Salespeople are now trained to listen actively, understand customer pain points, and provide solutions that align with customer needs. This approach helps build trust and enhances the overall sales experience.
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A bond has an annual coupon rate of 3.4%, a face value of $1,000, a price of $1,125.76, and matures in 10 years. Attempt 1/6 for 5 pts. Part 1 What is the bond's YTM? 4+ decimals
A bond has an annual coupon rate of 3.4%, a face value of $1,000, a price of $1,125.76, and matures in 10 years.A bond's yield to maturity (YTM) is the yield an investor receives if the bond is held until maturity and all interest and principal payments are made on schedule.
YTM is calculated using a bond's current market price, face value, coupon rate, and time to maturity. The bond's YTM is the interest rate that will make the present value of the bond's cash flows equal to its current market price. The bond's YTM is found using a trial-and-error process.YTM is used to calculate the bond's value, which is the present value of the bond's cash flows. In order to determine the bond's YTM, the following formula is used:PV of coupon payments + PV of face value = Current market priceThe bond's YTM is 2.66%.
The bond's current price is $1,125.76, the face value is $1,000, the annual coupon rate is 3.4%, and the bond matures in ten years.
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