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kramer
2 months ago
14

Jorge Cabrera paid $980 for a 15-year bond 10 years ago. The bond pays a coupon of 10 percent semiannually. Today, the bond is p

riced at $1,054.36. If he sold the bond today, what would be his realized yield

Business
1 answer:
Katen [3.5K]2 months ago
5 0

Response:

10.64%

Rationale:

To calculate the realized yield, we utilized the RATE formula, as shown in the attachment below:

<pgiven values:="">

Present value = $980

Future or face value = $1,054.36

PMT = 1,000 × 10% ÷ 2 = $50

NPER = 10 years × 2 = 20 periods

The formula is given as follows:

= Rate(NPER;PMT;-PV;FV;type)

The present value is represented as negative

After applying the formula, the realized yield comes out to be

= 5.32% × 2

= 10.64%

</pgiven>
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As a new manager, Candace has had to learn a lot, and sometimes her job is more stressful than she expected. As a manager, she n
Nady [3600]

Answer: disturbance handler; decisional; more through others.

Explanation:

As a newly appointed manager, Candace has faced a steep learning curve, and at times, her role is more demanding than anticipated. As a manager, she must take on multiple responsibilities. Candace organizes employee schedules for front desk shifts, dog play areas, and grooming rooms.

This falls under the disturbance handler function in management, categorized as a decisional aspect. To adjust to her managerial role, Candace has learned to facilitate tasks by coordinating with others.

4 0
2 months ago
Armando Company produces and sells mattresses. It expects to sell 10,000 mattresses in the current year and had 1,000 mattresses
Nady [3600]

Response:

Total Sales= $3,000,000

Clarification:

Based on the following details:

The expectation is to sell 10,000 mattresses over the current year, with 1,000 mattresses available in finished goods inventory at the previous year's close. Armando aims to end this year with at least 1,250 finished mattresses in inventory. There won't be any leftover work-in-process inventory. Each mattress retails for $300.

Production:

Sales projected= 10,000

Ending inventory goal= 1,250

Beginning inventory= (1,000)

Total needed= 10,250

Sales therefore total= 10,000*300= $3,000,000

5 0
2 months ago
Carol Mann and Gerald Harris worked for Helmsley-Spear, Inc. (HSI), as managers for various HSI properties. In 2005 each receive
marusya05 [3725]

Answer:

True - Contracts that require more than one year to complete must be documented in writing

Explanation:

The relevant detail from the scenario for the question is that ''In 2006, Mann and Harris were requested by HIS to undertake another conversion of an apartment building referred to as Park West. For this task, Mann and Harris were once again orally promised a bonus (in addition to their salary) using a similar formula to that of the Windsor Park conversion. It was anticipated that this venture would also take two or three years to conclude.''

According to the statute of frauds, contracts anticipated to last over a year need to be written to have legal standing.

When Mann and Harris were asked to manage the construction of an apartment that would last two to three years, they should have insisted on a written agreement.

HIS took undue advantage of their knowledge of the law and denied them the promised bonus; pursuant to the statute of frauds, they are not legally liable.

5 0
2 months ago
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