Only in special circumstances or on a temporary basis may survival pricing be used.
How does pricing policy impact an organization's ability to survive?Many operations of the firm's activities are directly correlated with a product's price. Demand will be impacted by a price decision, which in turn will have an impact on the firm's income. Similar to this, a profitable company tends to draw in more new funding.
How price impacts revenue?Your pricing approach will have an impact on the profit margin you make on each unit sold; assuming you don't lose sales, charging more will result in a higher profit margin. In contrast, higher pricing that result in lower sales volumes might reduce or even erase your profits because your overhead costs per unit rise as you sell fewer units.
What is ROI and how is it impacted by pricing?ROI is to quantify the relationship between an investment's return and cost. ROI is calculated by dividing the benefit (or return) of an investment by its cost. A percentage or ratio is used to represent the outcome.
How market share is impacted by pricing?Customers' interest and loyalty can be attracted by offering lower and more alluring prices. The vital sales that increase market share could increase as a result. In addition to providing promotions, coupons, freebies, and other benefits to customers, a business can consider discounts on the actual cost of the goods.
How do prices impact cash flow?One of the key aspects of a company's performance that directly affects cash flow is pricing. If you overcharge for your services, your cash flow will suffer along with your profit margin. If you price things too expensive, you run the danger of pricing potential clients out who either can't or won't pay.
How do prices impact the status quo?The more that higher prices denote higher quality, the less sensitive consumers become to price. Competition pricing, also referred to as status quo pricing, is either keeping current prices (status quo) or basing prices on those of rival businesses.
How does product quality relate to price?Small pricing adjustments translate into huge quality changes when prices are low. Small price changes correspond to smaller quality changes when prices are higher. But in every situation, more expensive goods are of superior quality.
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which statement is true regarding the influence of technology on pricing? multiple choice customers are more confused about prices than ever before. marketers of online stores review their initial prices against the prices of traditional brick-and-mortar stores but not vice-versa. technology has eliminated antiquated pricing structures like mark-up pricing or demand pricing. the internet has made it difficult for customers to compare prices of products. technology has helped to shift the balance of power from companies to customers.
Statement this is genuine concerning the affect of generation on pricing is B- entrepreneurs of on-line shops overview their preliminary expenses in opposition to the expenses of conventional brick-and-mortar shops however now no longer vice-versa.
The required details for pricing in given paragraph
Pricing is the method wherein a enterprise units the rate at which it'll promote its merchandise and services, and can be a part of the enterprise's advertising and marketing plan. In placing expenses, the enterprise will don't forget the rate at which it may accumulate the goods, the production price, the marketplace, competition, marketplace condition, brand, and high-satisfactory of product. Pricing is a essential factor of product management and is certainly considered one among the 4 Ps of the advertising and marketing mix, the alternative 3 factors being product, promoting, and place. Price is the best sales producing detail among the 4 Ps, the relaxation being price centers. However, the alternative Ps of advertising and marketing will make a contribution to decreasing rate elasticity and so permit rate will increase to power more sales and profits.
Thus, pricing is the maximum essential idea within side the discipline of advertising and marketing, it's far used as a tactical selection in reaction to converting competitive, marketplace and organizational situations.
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for regular tax purposes, michael, who is single, is in the 32% tax bracket. for 2022, his amt base is $420,000. his tentative minimum tax (tmt)is:
For 2022, his amt base is $420,000. his tentative minimum tax (tmt) is: $134400
The alternative minimum tax (AMT) is what, exactly?A separate tax scheme from the standard federal income tax is the alternative minimum tax. Your tax due is calculated using both the alternative minimum tax table and the normal federal income tax table when you enter your data into the tax software. The higher tax table of the two will apply to your tax obligation.
The formula for the tentative minimum tax is given as :
minimum tax base * rate
were the amount of the tax base is $420,000.
The rate is given as 32%
The tentative minimum tax = $420,000 * 32%
= $134400
The tentative minimum tax that Michael would have is given as $134400
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Which of the following is not a step in the marketing research process?
O a. Estimate sales
O b. Interpret the information
O c. Make a preliminary investigation
O d. Gather factual information
The correct answer is option (a) Estimate sales.
The practice of assessing the viability of a new good or service through interviews with prospective customers is known as market research. With the aid of this technique, businesses and organizations may identify their target market, gather and record customer feedback, and arrive at well-informed conclusions.
In a marketing research process, it includes only the steps involving the study of the market and interpreting information based on that.
In the given question, a market research process always includes the steps like gathering factual information, making a preliminary investigation and interpreting the information that was achieved through the market study. But, in a market research process, there is no work of sale estimation. Sales estimation is an end process and marketing research is a beginning process. Sales value may fluctuate and to derive a correct sales estimation, there needs to be a proper marketing research.
Therefore, estimating sales is not a part of a marketing process, hence, option (a) is the correct answer for this question.
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according to herzberg, hygiene factors are: group of answer choices motivating factors self-actualizing factors job satisfiers potential job dissatisfiers morale factors
Herzberg termed hygiene factors (also called dissatisfiers) according to herzberg, hygiene factors are Potential job dissatisfier.
Herzberg identified extrinsic aspects of the workplace, such as company policy, relationships with supervisors, working conditions, relationships with peers and subordinates, salary and benefits, and job security, as hygiene factors (also known as dissatisfiers). According to Herzberg, job satisfaction is primarily a result of intrinsic job components, also known as motivating factors. The work environment's extrinsic components include hygiene factors, also known as job dissatisfiers. The motivating and hygienic factors are listed. Herzberg's studies implied that dissatisfaction is not the opposite of satisfaction, which was one of their most intriguing findings. Herzberg held that hygiene factors could be managed effectively to prevent employee dissatisfaction but that they could not be used as sources of motivation or satisfaction. For instance, good working conditions will keep employees at a job without making them work harder.
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silver inc. sells to a customer a perpetual software license and post-contract customer support for a 12-month period, commencing at the time that the software is activated. silver inc. charges $780 upfront when the software is purchased and $52 a month for 12 months, due at the end of the month. silver inc. sells the software separately for $1,040 while the standalone selling price of the post-contract customer support is $520. required: how should the transaction price be allocated among the performance obligation(s)? round each of your answers to the nearest dollar. show your computation.
The transaction price should be allocated among the performance obligation
Total transaction price = $780 upfront fees + $624 ( $52 × 12 months)
Total transaction price = $1404
What does "the transaction price" mean?The compensation for which an entity anticipates being entitled, minus sums collected on behalf of other parties, in exchange for transferring promised products or services to a client is known as the transaction price.
Given:
Standalone selling price of software = $1404
Standalone selling price of post-contract customer support = $520(Given)
Total Standalone selling price = $1560
The formula of allocation of transaction price = Total transaction price × Standalone selling price of product/ Total standalone selling price
transaction price allocation to respective performance obligation using the above formula-
transaction price allocation of software = Total transaction price × Standalone selling price of software / Total standalone selling price
= $1404 × $1040/ $1560 = $936
transaction price allocation for post-contract customer support= Total transaction price × Standalone selling price of post-contract customer support /Total standalone selling price
= $1404 × $520/ $1560 = $468
Thus transaction price should be allocated among performance obligation =
Software = $936 and post-contract customer support = $468
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Many cell phone users are reluctant to change platforms because they do not want to learn a new system. Marketers could overcome this resistance with_______.
Many cell phone users are reluctant to change platforms because they do not want to learn a new system. Marketers could overcome this resistance with education and communication.
Why many cell phone users are reluctant to change platforms?
People loves to stay in their comfort zone, so it is hard to move onto new things especially when they have no clue about what will happen. There is a fear of change that makes them reluctant into new things and also there will be a possible risk of trying something new.
How marketers can tackle this reluctant issue?
Educating and communicating them about the new features and systems that will help to overcome their reluctance. Marketers also able to explain about what is the benefit of the new feature that will make their lives easier than before.
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a university issues a bond with a face value of $5000 and a coupon rate of 4.41% that matures on july 15, 2018. the holder of such a bond receives coupon payments of $110.25. how frequently are coupon payments made in this case?
Every year, there would be two coupon payments that frequently are coupon payments made in this case
Coupon payment is what
Coupon payments refer to the monetary sum that bondholders would periodically receive from the university (the bond issuer) until the bond expires. It is expected that the coupons would be paid annually or semi-annually as indicated by this analysis.
The frequency of coupon payments is unknown since the coupon payment and coupon rate are tightly associated. As a result, we may utilize the coupon received, the par value, and the coupon rate to estimate the number of times in a year that coupons will be paid.
Coupon receipt is Par Value times Coupon Rate and Coupon Frequency.
$101.25 after coupons
Par value is $5,000.
coupons = 4.41%
uncertain coupon frequency (let's assume it's X)
$110.25=$5,000*4.41%/X
$110.25=$220.50/X
X=$220.50/$110.25
X=2
Coupons would be issued twice annually, resulting in semi-annual coupon payments.
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if you open a pizza restaurant and assume that all potential customers have similar needs and wants, you are using a
Using a total market means opening a pizza restaurant and assuming that all potential customers will have similar needs and wants.
The complete revenue potential for a good or service, also known as the total market or total available market (TAM), would be realized if 100% market share were attained. It assists in determining the amount of time and money that an individual or firm should invest in a new business restaurant venture.
Since the estimates of the time and money needed enable startups and established businesses to prioritize particular products, customer total market segments, and business opportunities, the concept of total addressable market is crucial for both groups of companies. Company executives can use TAM to present a compelling value proposition restaurant where there are possible investors and purchasers of the business.
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after daisy has gotten all the money she can from the bank and still cannot keep up with her fast-growing business, what is she most likely to do next if she wants her company to continue growing?
Daisy is most likely to Obtain a partner or form a corporation to attract more money.
What is a partner?The corporation who enter into partnerships are individually referred to as "partners" and collectively as "company", and the company that operates the business is referred to as "company name". Business Partner is a commercial entity with which another commercial entity is associated in some way. This relationship may be an exclusive contractual bond where the parties agree not to partner with any third party. Alternatively, it may be a very loose contract whose primary purpose is to impress customers or competitors on the size of the network the business partner belongs to. Business partners or corporations are very important to a company. However, companies cannot freely choose their business partners, so-called business mating.In many cases, potential partners may not be interested in starting a business relationship.It is important that both sides of the agreement complement each other and have commonalities such as leadership styles, mindsets and technology.To learn more about partner from the given link :
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which of the following are the most common factors influencing the decision to migrate? a. business opportunities and health care b. cultural freedom, environmental protection, and lower food costs c. reuniting with family and friends d. cultural freedom, environmental comfort, and economic opportunity e. affordable housing, healthier food, and citizenship
The following are the most common factors influencing the decision to migrate cultural freedom, environmental comfort, and economic opportunity.
These migration styles may be attributed to financial inequalities, choice for employment, or both. Economic, political, and environmental elements all play a position withinside the push/pull elements of exertions migration. People might also additionally pick to immigrate for quite a few reasons, such as employment opportunities, to get away a violent conflict, environmental elements, instructional purposes, or to reunite with family.
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regarding perfect competition, what does it mean when the goods sold by the firms in a market are homogeneous?
When two homogenous products are ideal equivalents for one another and consumers are unable to distinguish between the goods sold by various businesses, the products are said to be homogenous. The most crucial differentiator in the perfect competition between businesses making similar items is price.
What do you mean by a homogeneous product in perfect competition?When a product is homogeneous, it means that its quality, form, size, and color are all the same. Therefore, no manufacturer can set a different price for the goods it produces. The market is characterized by homogeneous pricing.
A market with perfect competition has homogeneous goods (identical). Each vendor (or business) delivers a homogenous product in a market with perfect competition, meaning that each unit of the product has the same size, form, and other characteristics.
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which type of distribution channel typically does not have a fixed location but instead reaches customers through the mail?
The type of distribution channel that reaches customers through the mail is selling through intermediaries. It is because between the seller and the buyer there's no direct meeting.
A distribution channel generally can be described as a path that a product or service could take on its way to market. A direct distribution channel generally can be described as one of the type distribution channel where a company sells directly to the consumer. Direct distribution channel usually through their retail store or website. There are several types of distribution channel, such as direct selling, reverse logistics channels, selling through intermediaries, and also dual distribution.
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queen manufacturing uses 2,300 switch assemblies per week and then reorders another 2,300. the relevant carrying cost per switch assembly is $9.00 and the fixed order cost is $1,150. a. what is the current carrying cost? (do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. what is the order cost? (do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c. what is the eoq? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Companies use the economic order quantity (EOQ) calculation to determine their ideal order size, which enables them to meet demand without overspending.
EOQ is calculated by inventory managers to reduce holding costs and excess inventory.
The economic order quantity is equal to sqrt((2 * Annual Demand * set up Cost) / (Holding Cost)) = sqrt((2 * 2300 * 52 * 1150) / 9) = 5528.512 switch. Current Carrying Cost = ((2300 / 2) * 9) = $10350. The order costs are equal to ((2300 * 52) / 2300) * 1150) = $59,800.
What is EOQ and how does it work?
The following is the formula for EOQ: Demand is equal to the square root of EOQ, or [(2 x demand x ordering cost) / carrying cost].According to EOQ's assumptions, demand remains constant. The number of units sold or the amount of inventory used annually is the demand.
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when fully amortizing loans call for equal periodic payments over the life of the loan they are known as:
Level-payment mortgages is known for the periodic payments over the life of the loan of fully amortizing loans.
what is Level-payment mortgages ?A mortgage with a level payment is one that needs the same amount of money paid each month or payment term. Mortgages with level payments let borrowers know in advance how much they would be required to pay each pay month. They find it simpler to develop and adhere to budgets because of this constancy.
A level payment mortgage may be of fixed or variable interest rate.A level payment mortgage carries the risk of negative amortization.When compared to more complicated mortgage options, level payment mortgages are appealing because they are transparent, which makes budgeting much simpler.Today, a lot of mortgages are fully amortizing, which means that each month, the loan's principal and interest are paid in full. A level payment mortgage, on the other hand, divides the principal and interest sums into precise payments over the course of the loan.To learn more about amortizing loans refer :
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you buy a pair of sunglasses from a manufacturer for $55. you would have been willing to pay $70 for them; it cost the manufacturer $30 to make them. what is the economic surplus created by this exchange?
The economic surplus created by this exchange is $40
Why is economic surplus important?Economic surplus is the collective benefit, commonly referred to as "total welfare," that a consumer or producer receives as a result of an economic activity. Other names for it include total surplus and communal surplus. This economic statistic is employed to assess market health.
For small firms to develop and expand, the economy must be in surplus. When a business has a sizable surplus, it indicates that money is coming in, and it can use that money to fund expansion by investing in new goods, services, tools, and personnel.
Producer surplus = Market price – Producer's Minimum Acceptable Price or
Producer surplus = Total Revenue – Production Cost.
= 55 - 30
= $25
consumer surplus = the price is willing to pay - the actual amount paid.
= 70 - 55
= 15
The economic surplus = Producer surplus + consumer surplus
= 25 + 15 = $40
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to hedge a foreign currency payable, group of answer choices buy call options on the foreign currency. buy put options on the foreign currency. sell call options on the foreign currency. sell put options on the foreign currency.
To hedge a foreign currency payable buy calls option on the currency.
Option A is correct.
What's hedging of foreign currency?Hedging with forex is a project used to cover one's position in a currency brace from an adverse move. It's generally a form of short- term protection when a dealer is concerned about news or an event driving volatility in currency requests.
How do you hedge foreign currency threat?The two most common styles to hedge foreign currency exposure are forward contracts and currency options. Forward contracts and options are a form of derivations, videlicet untoward derivations, meaning that they aren't traded on centralized requests but rather intimately negotiated between two counterparts.
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explain what a perfectly competitive market is and why a perfect competitor faces a horizontal demand curve.
The demand curve of a firm that is perfectly competitive is horizontal at the market price. As a result, every unit sold will result in it receiving the same price. The difference in total revenue from selling one more unit at the constant market price is the marginal revenue that the company receives.
What is a Demand Curve?The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The price and quantity demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively. A demand curve in economics is a graph that shows the relationship between the cost of a given good and the amount that is desired at that cost. Demand curves can be applied to the price-quantity connection for either a specific consumer or for every consumer in a given market.
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a pharmaceutical representative has given you a series of $20 gifts over the course of 1 year with a total value at $60. according to the government ethics guideline what must you do?
according to the government ethics guideline a government employee must not accept unsolicited gifts having a total market value of more than $ 50 in one calendar year.
The aggregate market value of individual gifts received from any one person under the authority of this paragraph may not exceed $50 in a calendar year. An employee may accept uninvited gifts with an aggregate market worth of $20 or less per source on an occasion. Gifts of money or financial interests like stocks, bonds, or certificates of deposit are not covered by this exclusion.
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municipal bonds: generally have higher coupon rates than corporate bonds. are totally risk free. are rarely callable. pay interest that is federally tax free. are free of default risk.
Municipal bonds pay interest that is federally tax-free.
What do you understand by Municipal bonds?Municipal bonds are those that local governments issue to pay for infrastructure projects including roads, hospital networks, and educational facilities. Both general obligation and revenue municipal bonds are available. The financing of non-profit endeavors like parks and playgrounds is done via general obligation bonds. As a result of the issuer's ability to do whatever it takes, including levying more taxes, to satisfy bond payments, they are fully backed by the issuing municipality. The precise income that revenue bonds are intended to generate serves as their security. For instance, a city may issue revenue bonds to finance the construction of a new bridge and then pay investors with the toll revenue.
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g the allowance for doubtful accounts a. is a contra-revenue account. b. is credited (increased) when a company writes off accounts receivable. c. is credited (increased) when a company recognizes bad debt expense. d. is an expense account.
A contra-revenue account is a provision for dubious accounts. The right response in this case is option A.
Because it lowers the value of an asset in this example, the accounts receivable the allowance for dubious accounts is referred to as a "contra asset." The allowance, also known as a bad debt reserve, is management's best guess as to how many accounts receivable customers will not pay.
You must include the cost of creating an allowance for doubtful accounts on your company's balance sheet. Record it as an expense on your income statement if the dubious debt ultimately turns out to be a bad debt.
Contra assets, as opposed to the part on current assets, is where allowance for dubious accounts belongs. The balance of a contra-asset account will either be zero or negative.
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the coso integrated framework stresses that group of answer choices risk management activities are an inherent part of all business operations and should be considered during strategy setting. effective risk management is comprised of just three interrelated components; control environment, risk assessment, and control activities. risk management is the sole responsibility of top management. risk management policies, if enforced, guarantee achievement of corporate objectives.
The COSO integrated framework stresses that risk management activities are an inherent part of all business operations and should be considered during strategy setting.
Treadway Commission Committee of Sponsoring Organizations: Home. Go to the main content now. Internal controls can be the established and incorporated into business processes using the COSO Framework. risk management , these controls offer a fair level of comfort that the business is conducting itself ethically, the transparently, and in compliance with accepted industry norms. Assuring that objectives have been met in the crucial areas of operations, reporting, and compliance is the main objective of the COSO Framework.
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If nabisco had established a pricing objective of selling one out of every three crackers consumed in the world, it would have established an objective based on?.
If Nabisco had established a pricing objective of selling one out of every three crackers consumed in the world, it would have established an objective based on market share.
In the field of business, market share can be described as the particular percentage that a company makes in generating revenue for a certain product amongst all of the market for that product. It is a comparison of the output that a company has made by selling a product in comparison to other companies.
In the scenario above, Nabisco has made a market share objective to be the person who sells one out of three crackers in the whole worldwide market.
Although a part of your question is missing, you might be referring to this question:
If Nabisco had established a pricing objective of selling one out of every three crackers consumed in the world, it would have established an objective based on?
-marker revenue
-market share
-GDP
-market output
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what is an alternative term for career maturity inventories that measure vocational development as specified dimensions to judge whether an individual is vocationally mature?
An alternative term for career maturity inventories that measure vocational development as specified dimensions to judge whether an individual is vocationally mature is Career development inventories
Students can receive personal insight into the process of choosing a career and their preparation for it by taking the Career Maturity Inventory. The Career Development Inventory, a tool used to gauge teenagers' level of vocational maturity, evaluates planning orientation, resources for exploration, as well as information and decision-making. Finding obstacles to career advancement is one of the main objectives of interviews. Determine their level of acculturation is a key goal when speaking with clients from different cultural backgrounds. a competent and developmentally evolved approach to work and career choice difficulties. A person with a high level of vocational maturity is realistic about their options and approaches exploring their options and choosing a career in a relatively rational manner. The degree to which people are ready to make vocational decisions is known as their level of career maturity.
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what was the name of the model that allowed for growth, scalability, and monopolistic control of an idea, service, or process, that was followed by future entrepreneurs?
Human centered design.
The study of a methodology known as “human-centered design” is one that focuses on finding solutions to issues or challenges related to product design or the formulation of managerial activities that aid in problem solving. It enables a single entrepreneur to advertise their preferred concepts. It enables a single entrepreneur to advertise their preferred concepts. The benefit of human-centered design thinking is not guaranteed by it. It entirely relies on the entrepreneurs to contribute their own ideas without consulting the team.
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a global u.s. manufacturer decides to open a plant in india. which stage of globalization would this illustrate?
The globalisation of business refers to the process of internationalization, where businesses expand their operations to other countries. This can be done through different methods such as exporting, licensing, franchising, and setting up foreign subsidiaries.
The decision to expand internationally can be a response to different factors such as the desire to tap into new markets, the need to be closer to suppliers or customers, or to take advantage of lower labor costs.
The expansion of a business into India would illustrate the globalization of business, as the company would be expanding its operations into a new country. This would involve setting up a new plant in India, which would require the company to obtain the necessary licenses and permits, as well as to hire local staff. The company would also need to adapt its products and marketing to the local market in order to be successful.
The globalisation of business can have both positive and negative effects on a company. On the positive side, expanding into new markets can lead to increased sales and profits. It can also help a company to become more efficient and to learn new technologies and methods. On the negative side, globalisation can lead to cultural conflict, as well as to environmental and social problems.
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How many more monthly payments are made for a five-year loan than for a two-year loan?.
Answer:
36
Explanation:
one of the inputs for the assessment of the risk of material misstatement is the assessment of the potential effects of
One of the inputs for the assessment of the risk of material misstatement is the assessment of the potential effects of inherent.
Assessment has two meanings (“a quantity that someone is officially required to pay” and “the act of creating a judgment approximately something”) so distinct that one may rightfully be surprised if they arrive from different sources.
Evaluation is the systematic basis for making inferences approximately the studying and development of students. it's far the system of defining, choosing, designing, amassing, reading, decoding, and the use of the information to grow students' gaining knowledge and improvement.
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All year-end tax reporting forms for the preceding calendar year must be delivered to the employees by ______________.
Fill the blank with "31st of January of the following year." Thus, to complete the sentence, it will be "All year-end tax reporting forms for the preceding calendar year must be delivered to the employees by 31st of January of the following year."
By January 31 of the year after the tax year, both employees and non-employees must receive annual payroll tax forms. The IRS has a deadline for receiving tax reporting forms pertaining to the Social Security Administration on the last day of January.
The end of the year (month of December) is really an ideal time to be reminded to review your records to verify that the information is still valid if you are an employee because you can always make changes to your tax forms.
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the financial ratio that measures the accounting profit per dollar of book equity is referred to as the: group of answer choices profit margin. price-earnings ratio. return on equity. equity turnover. market profit-to-book ratio.
The financial ratio that measures the accounting profit per dollar of book equity is referred to as the return on equity.
Equity represents the fee that might be lowered back to an organization's shareholders if all of the property has been liquidated and all of the enterprise's money owed has been paid off. We also can think about fairness as a degree of residual possession in a firm or asset after subtracting all debts related to that asset.
Equity is the quantity of cash that an employer's proprietor has positioned into it or owns. On an organization's balance sheet, the distinction between its liabilities and belongings indicates how plenty fairness the employer has. the percentage rate or a value set by way of valuation specialists or investors is used to discern the fairness price.
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drake machinery has 8.2% annual coupon bonds outstanding with a current market price of $932. the yield to maturity is 9.5 percent and the face value is $1,000. how many years is it until these bonds mature?
In bond markets, the term "yield to maturity" (YTM) refers to the expected total rate of return for a bond when all of its future interest payments have been made and the principal has been repaid.
However, unlike bonds with a coupon rate, zero-coupon bonds (z-bonds) do not have recurring interest payments, which makes them different from YTM calculations.
Yield to maturity is an important consideration because z-bonds are a common type of debt issued by certain organizations, including some U.S. Treasury securities. Z-bonds typically mature at face value after being issued at a discount in the market rather than paying coupons. How to estimate the YTM of a bond that does not pay regular interest is the topic of this article.
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