Cookie Dough Corporation has two different bonds currently outstanding. Bond M has a face value of $20,000 and matures in 20 years. The bond makes no payments for the first six years, then pays $900 every six months over the subsequent eight years, and finally pays $1,300 every six months over the last six years. Bond N also has a face value of $20,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. The required return on both these bonds is 4.7 percent compounded semiannually What is the current price of Bond M and Bond N? (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g, 32.16.)

Answers

Answer 1

The current price of Bond M is $18,252.49 and the current price of Bond N is $13,124.35.

The price of a bond is the present value of its future cash flows, discounted at the required rate of return. Bond M has a complex cash flow structure with three different stages, each with its own set of cash flows.

We can calculate the present value of each stage and then add them up to get the total price of the bond. Bond N has a simpler structure with only one cash flow at maturity, which makes it a zero-coupon bond.

We can simply discount the face value of the bond at the required rate of return to get its current price.

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Related Questions

PLEASE ANSWER THESE 3 QUESTIONS I WILL GIVE BRAINLIEST

PLEASE ANSWER THESE 3 QUESTIONS I WILL GIVE BRAINLIEST

Answers

Answer:

Times of maximum fear is the best time to buy stocks, while times of maximum greed are the best time to sell.

Explanation:

Behind the truism is the tendency of the markets to overshoot on both the downside and the upside. Part of the reason is a pure herd instinct that drives stock prices. The investor who takes an unbiased look at the market might be able to see the herd instinct at work and take advantage of the extreme ups and downs that it causes. That investor can buy low and sell high.

Unfortunately, it's easy to determine after the fact whether a price was too low or too high and even why. During the moment, it is monumentally difficult. Prices both affect and reflect the psychology and emotions of market participants.

For this reason, "buy low, sell high" can be challenging to implement consistently. Traders trying for a more objective view consider other factors to make a more informed decision. These factors include moving averages, the business cycle, and consumer sentiment.

Which are functions of money? Select the three correct answers.
A store of value
B. producer of resources
C. unit of account
D. medium of exchange
DE record of finances
F. unit of output

Answers

Answer:

A store of value

C. unit of account

D. medium of exchange

Explanation:

Money has four main functions. They are

The medium of exchange: It the most widely used and accepted instrument for the exchange of goods and servicesUnit of account: Money provides a standard measure of the value of goods and services being exchanged. Store of value: Money is known to keep its value for some period.  this enables other commodities, both perishable and non-perishables, to be assigned monetary values Standard of future payments: This function allows for trade to be done on credit terms.

Analysis of market share is a key to understanding the firm's:
O a. competitive environment.
O b. demographic strengths.
O c. social and cultural environment.
O d. technological environment.

Answers

Analysis of market share is a key to understanding the firm's:

O a. competitive environment.

O b. demographic strengths.

O c. social and cultural environment.

O d. technological environment

answer is A

Choose the best definition for the word continent.

A. One of the world's four largest bodies of water.

B. A measurement of a location's distance to the north or south of the Earth's Equator.

C. The art of using measurements to move from one location to another.

D. One of the earth's seven large land masses.

Answers

Answer: D


Expansion: defined as one of the seven main land masses on Earth.

What is the first thing the law requires you to do when you arrive at an intersection? Explain what you should do if there is an officer directing traffic.

Answers

Answer:

If a law enforcement officer if directing traffic where there are traffic lights, OBEY the officer – not the signals. You must yield the right-of-way to all other traffic and pedestrians at stop signs. Move forward only when the road is clear. At four-way signs, the first vehicle to stop should move forward first.

The very first action we do is stop at the junction as if it were a red light and waiting for police to notify you when it is safe to go.

Explanation:

If a police officer directs traffic in an area with traffic signals, respect the officer rather than the signals. At stop signs, you must surrender the right-of-way to all other cars and pedestrians. Only proceed when the road is clear. When approaching a four-way stop, the first car to halt shall proceed first.

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What is the first thing the law requires you to do when you arrive at an intersection? Explain what you

______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

Why does sales tax exist?

Answers

Budget things like schools, roads, and fire departments are covered by sales tax in the state and local budgets. The budgets of many places are supported by sales taxes.

Why did sales tax get started?

The original intention of the retail sales tax was to tax consumer consumption by taxing household purchases of completed goods. In reality, however, the authors note, corporations typically purchase intermediate products that account for 40% of retail tax receipts.

How may sales tax be avoided?

Saving money can be made possible by not having to pay sales tax. However, most states tax the majority of product sales and mandate that customers pay use tax in the event that sales tax is not tallied at the point of sale.

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Select the correct answer.
What is an opportunity cost?
Olost benefits of other opportunities
cost of taking up an opportunity
costs incurred to receive the benefits of an opportunity
O costs incurred when the wrong opportunity is selected

Answers

Answer:

lost benefits of other opportunities

Explanation:

Answer: lost benefits of other opportunities

Explanation:

Find the present value of $300 to be received in one period (YEAR) if the rate is 6%: Select one: O a. 325.343 O b. 265.234 O c. 222.235 O d. 283.018

Answers

The present value of $300 to be received in one period if the rate is 6% is $283.02

The present value of $300 to be received in one period (YEAR) if the rate is 6% can be calculated using the formula for the present value of a single amount, which is:

Present Value = Future Value ÷ (1 + r)n

where r is the interest rate and n is the number of periods involved.

Given, Future value (FV) = $300, r = 6%, n = 1 (year)

So, the present value (PV) can be calculated as follows:

PV = FV ÷ (1 + r)n

= $300 ÷ (1 + 0.06)1

= $300 ÷ 1.06

= $283.02 (rounded to two decimal places)

Therefore, the present value of $300 to be received in one period (YEAR) if the rate is 6% is $283.02, which is an option (D).

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Which of the following is not one of the 3 major ways to save for retirement
that were discussed in class?
O a. Saving and investing throughout your life
O b. Getting paid via benefits from social security
O d. Liquidating the majority of your assets into cash
O c. Leveraging benefits from your previous job

Answers

The option that is not one of the 3 major ways to save for retirement discussed in class is option

(d) liquidating the majority of your assets into cash.

What is a better way to save for retirement

This is not a sustainable strategy for retirement savings as it involves selling off assets that could potentially generate income and growth over time.

The three major ways to save for retirement are:

a. Saving and investing throughout your lifeb. Getting paid via benefits from social securityc. Leveraging benefits from your previous job (such as a pension plan or 401(k))

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The additional income from
selling one more unit of a good
O increasing marginal returns
O diminishing marginal returns
O marginal revenue
O marginal product of labor
O marginal cost

Answers

C, marginal revenue

Explanation: Marginal revenue is the additional income from selling one more unit of a good. It is usually equal to the price.

Happy to help, have a great day! :)

Name the three competitive priorities for time. Give a specific example of each one. In your answer, fully explore the impact of the global environment on these three competitive priorities. Does the global environment impact each of the three priorities equally? Why or why not?

Answers

The three competitive priorities for time are speed, on-time delivery, and development speed.

Speed is an important competitive priority for businesses because it helps them to respond quickly to the needs of their customers. Companies that prioritize speed can introduce new products faster and respond to changes in the market more quickly. An example of speed as a competitive priority is fast food restaurants like McDonald's, which offer quick service to customers who want to eat on the go.

On-time delivery is another competitive priority for businesses. Companies that prioritize on-time delivery can provide their customers with reliable service, which helps to build trust and loyalty. An example of on-time delivery as a competitive priority is FedEx, which guarantees that packages will be delivered on time.

Development speed is also an important competitive priority for businesses. Companies that prioritize development speed can bring new products to market faster than their competitors, which can help them gain a competitive advantage. An example of development speed as a competitive priority is Apple, which is known for introducing innovative new products on a regular basis.

The global environment has a significant impact on these three competitive priorities. For example, changes in technology and communication have made it easier for companies to introduce new products quickly, which has increased the importance of development speed as a competitive priority. On the other hand, political and economic instability in certain regions can make it difficult for companies to ensure on-time delivery, which can hurt their reputation and customer loyalty.

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Besides individuals, who else pays taxes in our country?

Answers

Answer:

Aliens?

Explanation:

Which of the following is most likely reason that a regulated product may go
to market?

Which of the following is most likely reason that a regulated product may goto market?

Answers

Answer:

B) it has passed testing and certification standards

Explanation: hope this helps!

Answer:

B IS CORRECT :))))

Explanation:

Antitrust laws have economic benefits that outweigh the costs if they a. prevent mergers that would decrease competition and lower the costs of production. b. prevent mergers that would decrease competition and raise the costs of production. c. allow mergers that would decrease competition and raise the costs of production. d. None of the above is correct because antitrust laws never have economic benefits that outweigh the costs.

Answers

Answer:

b. prevent mergers that would decrease competition and raise the costs of production

Explanation:

Antitrust laws are set up to prevent unfair advantage by a firm or group of firms in the market. The main aim is to provide a level playing field for all forms in a particular industry.

This is done by increasing competition among the firms and reducing cost of production.

Cost reduction help new firms to enter the market easily.

So antitrust laws have economic benefits when they prevent mergers that would decrease competition and raise the costs of production.

Leopardstown Fitness Centre in Dublin is considering the purchase of some new training equipment which has a retail price of €8,600. The club has only €600 available to fund the purchase at this time. Following discussions with its local bank, as well as a sales representative from the suppliers, the centre is faced with the following possibilities.

Rental: Pay a monthly rental of €140 for five years, plus an annual maintenance payment of €150.

Hire purchase: Pay a deposit of €600, plus 60 monthly instalments of €150.
A final payment of €480 must then be paid.


Bank loan: Borrow the amount needed for five years on which interest is charged at a flat rate of 7% per annum.

Calculate the total cost of each option over a five-year period.​

Answers

Answer:

The cost of each option is as below

Explanation:

Option A: Rental

monthly rental for five years: each month €140

Each year has a maintenance fee of €150.

The total of the rental will be monthly rent plus yearly charges.

One year has 12 months; five years will have = 12 x 5 = 60 months

For 60 months, rental payments will total 60 x €140= €8,400

Yearly charges = €140 x 5 = €700

Total for rental = €700 + €8,400

Total cost for rental = €99, 1100

Option B: Hire purchase

Total for hire purchase will be the deposit plus the total of monthly installments plus the final payment.

The deposit is €600

Total for monthly installments: 60 x €160= €9,600

the final payment is €480

Total for hire purchase= €600 + €9,600, + €480

Total cost for hire purchase=€10,680

Option Bank loan:

cost of the loan will be the principal amount plus the interest charged. Interest is 7% per year for five years. Principal amount is

€8,600

Interest = P x r x t,, since interest on a flat rate

=8600 x 7/100 x 5

=8600 x 0.07 x 5

=€3,010

The cost of the loan is €3,010+€8,600

=€11,610

Marcus invested $700 in a savings account at 1.9% annual interest rate. He made no deposits or withdrawals on the account for 3 years. The interest was compounded semiannually. Find, to the nearest cent, the balance in the account after 3 years. Please show any work possible.

Answers

Marcus invested $700 in a savings account with a 1.9% annual interest rate. The interest is compounded semiannually, and there are no deposits or withdrawals for 3 years. We need to calculate the balance in the account after 3 years.

To calculate the balance in the account after 3 years, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

Where:

A = the final amount

P = the principal amount (initial investment)

r = the annual interest rate (in decimal form)

n = the number of times interest is compounded per year

t = the number of years

In this case, the principal amount (P) is $700, the annual interest rate (r) is 1.9% or 0.019, the interest is compounded semiannually (n = 2), and the time (t) is 3 years.

Plugging in the values into the formula:

A = 700(1 + 0.019/2)^(2*3)

A = 700(1.0095)^6

A ≈ $735.97

Therefore, the balance in the account after 3 years would be approximately $735.97.

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As compared to tangible resources, brand value is unlikely to be a source of sustainable competitive advantage because it cannot be easily imitated. True or false

Answers

As compared to tangible resources, brand value is unlikely to be a source of sustainable competitive advantage because it cannot be easily imitated.

This is a False statement.

Why the given statement is false?

To maintain a competitive advantage over time, a resource must be challenging to duplicate or replace. Any competitive advantage acquired from it will be lost as soon as another company obtains it (or a resource identical to it). This is particularly true if the resource only offers a temporary competitive advantage and may be quickly replaced or imitated.

In certain situations, it is harder to duplicate a resource:

1. The resource derives from a company's distinct past.

2. It's unclear how the resource is related to the competitive advantage it offers.

3. The asset is socially complicated.

What is brand Value?

A philosophy of investment is necessary for brand value. The sale or replacement value of a brand is simply its brand value. This definition may be helpful to investors and those who must include a "goodwill" word on the balance sheet's right-hand side.

The sale or replacement value of a brand is simply its brand value. This definition may be helpful to investors and those who must include a "goodwill" word on the balance sheet's right-hand side. This type of accounting entry documents the net present value of long-term value produced by investments in brand assets.

Thus, It should be noted that having such a balance sheet item enables managers to treat brand-related charges as investments rather than expenses with long-term rewards.

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Which of the following statements about outcome-oriented or behavior-oriented contracts is true? a. Merit pay is an example of an outcome-based contract B. Behavior oriented contracts do not transfer risk to the agent C. Outcome-oriented contracts do not require compensating wage differential D. In behavior based contracts, information asymmetry is not an important issue

Answers

The statement that is true about outcome-oriented or behavior-oriented contracts is a. Merit pay is an example of an outcome-based contract.

Outcome-oriented contracts focus on achieving a specific outcome or result, such as increasing sales or meeting production targets. Merit pay is an example of an outcome-based contract, as it rewards employees based on their performance or output. In contrast, behavior-oriented contracts focus on the actions or behaviors of the agent, rather than the outcome. These contracts typically include specific guidelines or requirements for how the agent should behave or perform their duties. While behavior-oriented contracts do not transfer risk to the agent, they may still require compensating wage differentials, as the agent is expected to perform at a higher level than in a standard contract.

Information asymmetry can also be an important issue in behavior-based contracts, as the principal may not have complete knowledge or control over the agent's behavior.

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Which of the following is least likely to help you choose an academic major? A. your guidance counselor B. An intership C. An intrest invitory D. The measure your friend chooses​

Answers

The following has the lowest likelihood of assisting you in selecting an academic major is your friend's choice of action. Therefore, choice (D) is the appropriate one.

The academic major to which a first-year student formally commits is called their major. An undergraduate degree is awarded to students who successfully complete all of the major-required courses. When referring to the academic field undertaken by a graduate student or postgraduate student in a master's or doctorate assisting program, the term major (also known as concentration, particularly at private colleges) is occasionally used administratively.

Completing a mix of mandatory and optional courses in the subject of choice is often necessary to declare a major. From program to program, a student's freedom to select courses varies.

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Answer:

D. The major your friend chooses

Explanation:

What change could be considered an effective sign of economic recovery from the Great Recession?

employment level in architectural and engineering services at 18,000 jobs
unemployment levels at 8 percent
architecture and construction industry demonstrating a sustainable level of growth
the gross domestic product (GDP) growing at .5 percent

Answers

Answer:

The answer is C. architecture and construction industry demonstrating a sustainable level of growth

A semester consists of half the year (18 weeks) and is worth .5 (1/2)
credit. *

True
False


Answers

True got this right on my test

Doug Graves Cemetery had 50,000 shares of common stock issued and outstanding at January 1, 2018. During 2018, Graves took the following actions:
June 1 Declared a 3- for- 2 stock split, when the fair value of the stock was $25 per share.
October 15 Declared a $0,40 per share cash dividend.
In Graves's statement of shareholders' equity for 2018, what amount should Graves report as dividends?
30,000
30,000
40,000
60,000

Answers

In Graves's statement of shareholders' equity for 2018, the amount of dividends to be reported is $60,000.

The stock split on June 1, which was a 3-for-2 split, means that for every 2 shares held, shareholders received an additional 1 share. As a result, the number of shares increased by 50% (50,000 shares * 50% = 25,000 additional shares), bringing the total number of shares to 75,000 (50,000 shares + 25,000 additional shares).

The cash dividend declared on October 15 was $0.40 per share. To calculate the total dividends, we multiply the dividend per share by the total number of shares outstanding:

$0.40 * 75,000 shares = $30,000.

Therefore, in Graves's statement of shareholders' equity for 2018, the amount reported as dividends should be $60,000 ($30,000 from the cash dividend declaration and $30,000 from the stock split).

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Explain why most experts believe that official U.S. data underestimate the actual rate of unemployment. What factors could make the official rate overstate the actual unemployment rate

Answers

Answer:

people simply quit looking for jobs.

Explanation:

In order to be considered unemployed, you must be out of work for at least four weeks and be actively seeking a new job. But if after 6 months, or 1 or even 2 years, you cannot get a new job, then you might simply quit looking for one. Since you quit looking for a job, you are not considered unemployed.

Marketing synergies often come at the expense of product synergies because.

Answers

Marketing synergies often come at the expense of product synergies because : A single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.

What is marketing synergies?

Synergy means the sum is greater than the part. Marketing synergy occurs when multiple marketing initiatives are combine to create an effect more than the sum of their parts.

The above means that customers contact one after fewer viewings of marketing messages across various platform.

Hence, Marketing synergies often come at the expense of product synergies because a single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.

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candace makes sure that employees write up issues involving dogs or customers in a log book so that when new employees come on shift, they can get up to speed on any ongoing concerns. making sure employees have the information they need to perform their jobs is part of the

Answers

Making sure employees have the information they need to perform their jobs is part of the disseminator role of management, which falls under the informational component.

How does the disseminator position work?

When managers share information with people inside their businesses, whether orally or in writing, they are acting in the capacity of a disseminator.

A portion of management's disseminator duty, which is categorized under the informational component, is ensuring that employees have the knowledge necessary to execute their duties.

Therefore, Employing people, other organizational resources, and other methods, of management entails achieving organizational objectives.

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Lightskins or Darkskins


Or Other ?

Answers

Answer:

any kind of boy

Explanation:

I have no type

The table below shows the measurements M1 and M2 taken by the same analyst. Draw a scatter plot of the data.
M1 0.243 0.352 0.357 0.469 0.444 0.555 0.552
M2 0.245 0.348 0.361 0.470 0.439 0.560 0.548
a.
C.
0.75
0.75
0.625
0.625
.
0.5
0.3
.
0.375
0.375
2
0.23
0.25
0.125
0.125
0.125
0.25
0.375
0.5
0.62
0.125
0.25
0.375
0.5
0.62

Answers

Answer:

Its C

Explanation:

Answer:

C

Explanation:

ifunny is dankreloaded

Karen's coffee shop makes a blend that is a mixture of two types of coffee. type a coffee costs karen $5.95 per pound, and type b coffee costs $4.20 per pound. this month's blend used four times as many pounds of type b coffee as type a, for a total cost of $773.50 . how many pounds of type a coffee were used?

Answers

The 32lb pounds of type a coffee were used.

Let a = the quantity of type A coffee consumed in pounds.

Let b = the volume of type B coffee consumed in pounds.

From the sentence:

"This month's mix had three times as much type B coffee as type A per pound,"

Our result is as follows:

b = 3a

Karen pays $5.50 per pound for type A coffee and $4.25 for type B coffee.

She spent $5.50a Plus $4.25b (in dollars), but because b = 3a, we get

5.5a + 4.25(3a) = 5.5a + 12.75a.

She spent $584.

5.5a + 12.75a = 584

18.25a = 584

a = 32

32 lb of type A coffee was consumed.

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"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D

Answers

Answer:

d. Cultural values

Explanation:

Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.

Answer:

D

Explanation:

I just took the assignment

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