Answer:
Current yield is 10.3%
Explanation:
Coupon payment = 1000 x 7% = $70 annually
Number of periods = n = 20 years
Yield to maturity = 11% annually
Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond = $70 x [ ( 1 - ( 1 + 11% )^-20 ) / 11% ] + [ $1,000 / ( 1 + 11% )^20 ]
Price of the Bond = $557.43 + $124.03 = $681.46
Current yield is the ration of coupon payment to the price of the bond.
Current Yield = Coupon Payment / Price of Bond = $70 / 681.46 = 0.1027 = 10.3%
Because it misses the I is AiDS
I'm sorry I hope that gave u a chuckle.
But I do not understand the question. Are there answer choices or?
Answer:
option D - $22,000 gain
Explanation:
the gain can be calculated by using the following relation
Face Value + Unamortized Premium - Purchase Price = gain
where,
Face Value - $1,000,000
Unamortized Premium - 60% x $20,000
Purchase Price - 99% x $1,000,000
putting all value to get gain or loss on the retirement
= $1,000,000 + (60% x $20,000) - (99% x $1,000,000)
= $22,000 gain
Answer:
B) He is required to provide written notice to his broker-dealer.
Explanation:
Under self-regulatory organization (SRO) rules, if a registered person engages transaction involving private securities, he/she must provide a written notice to his firm. Even if their is no compensation involved, the firm still has the right to impose certain conditions regarding the participation of the registered person.
Answer:
The performance problem to minor burns will be mainly psychological.
Explanation:
The staff involved will most likely exhibit a reduction in speed at which he or she executed the task which led to the burn.
If the personnel is in a chain of production where their own activity feeds others, it may translate to the increase in the time taken to achieve results.
One solution to this is to critically examine the production process and eliminate the cause of the accident if any.
If the cause of the incident was as a result of carelessness on the part of the staff, then he or she might have to be rescheduled to another department or unit where their current mindset will not stall the overall performance of the team/production line.
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