Cox Media Corporation pays a 10 percent coupon rate on debentures that are due in 20 years. The current yield to maturity on bonds of similar risk is 8 percent. The bonds are currently callable at $1,150. The theoretical value of the bonds will be equal to the present value of the expected cash flow from the bonds. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.

Answers

Answer 1

Answer:

The correct answer will be "1197.93".

Step-by-step explanation:

According to the question:

Semi annual coupon:

= [tex]10 \ percent\times \frac{1000}{2}[/tex]

= [tex]50[/tex]

Number of periods:

= [tex]20\times 2[/tex]

= [tex]40[/tex]

Semi annual YTM:

= [tex]\frac{8}{2} \ percent[/tex]

= [tex]4 \ percent[/tex]

Now,

The market value of bond will be:

= PV of Coupons + PV of Par Value

On putting the values, we get

= [tex]50\times (\frac{(1-(1+4 \ percent)^{-40})}{4 \ percent} )+\frac{1000}{(1+4 \ percent)^{40}}[/tex]

= [tex]1197.93[/tex]

Note: percent = %


Related Questions

Jason left his house at 9:58 A.M. He arrived at
the baseball field 16 minutes later. At what
time did Jason arrive at the baseball field?

Answers

Answer:

10:14

Step-by-step explanation:

He arrived to the baseball field at 10:14 A.M.

Your answer should be a polynomial in standard form. ( d^2 +3) (d^2 +2d +1)

Answers

Answer:d^4+2d^3+4d^2+6d+3

Step-by-step explanation:

Buddy downloaded 16 apps in 24 seconds. At this rate, how many apps could he download in one minute? (24 seconds = 2/5 of a minute) (1-1 Unit Rate)

Answers

I think it’s 60. You divide 24 by 16 then multiply by 4 I got 60
i think its A but im not sure.

If you answer someone's question=1 brainliest

Answers

Answer:I'mconfused

Step-by-step explanation:

Gavin likes biking. This week his goal is to bike about 65 total miles over four days. Each day he wants to ride 1.5 times as far as he rode the day before. How far should he ride on each of the four days. Write the expressions for the distance Gavin needs to bike each day. Then relate these expressions to create an equation that represents Gavin's situation.

Answers

Step-by-step explanation:

let the first-day ride be x

Then the second-day ride will be =1.5 x

The third-day ride will be=1.5(1.5x)      

The Fourth-day ride will be=1.5*1.5(1.5x)  

hence for the four days the distance covered is

65=x+1.5x+1.5*1.5x+1.5*1.5*1.5x

65=x+1.5x+2.25x+3.375x

65=8.125x

divide both sides by 8.125 we have

x=65/8.125

x=8mile

the first-day ride be x=8miles

the second-day ride will be =1.5 x =1.5*8= 12miles

The third-day ride will be=1.5(1.5x) = 18miles

The Fourth-day ride will be=1.5*1.5(1.5x) = 27miles

How do you expect me to respect you when you don’t respect yourself

Answers

Answer:

You don't

Step-by-step explanation:

*Mind Blown*

i don’t respect anyone that doesn’t respect me. simple as that

PLEASE HELP ME ASAP !

Answers

Answer:

1.333333333333333333333333 inches

Step-by-step explanation:

you would do 16 divided by 12. 16 divided by 12 is 1 1/3.

write the sentence as an equation 253 is the product of 69 and g

Answers

Answer:

253=69g or 253=69(g)

Step-by-step explanation:

3.94x+36 =15.5236+
6x

Answers

Answer

i think its 9.94

Step-by-step explanation:

Answer:

x = 9.94

Step-by-step explanation:

Giving Brainliest
Jabari and his friend both started a part-time job at the Swimming Hole earning $13 per hour. Jabari worked 14 ½ hours his first week. Jabari agreed to pay his friend 1/10 of his salary for reimbursement of gas. How much money did Jabari pay his friend for gas?

Answers

Answer: the answer would be 18.85

Step-by-step explanation:

multiply 13 by 14.5 then divide by 1/10

Answer:

18.85

Step-by-step explanation:

Which point represents the unit rate?

Answers

Answer:

Point C

Step-by-step explanation:

Unit rate is always how much it is for 1 and point C has a 1 in it's coordinate pair. It isn't point B because point B is not graphed on the line.

Answer:

C.

Step-by-step explanation:

(a+b) to the power of two a= -3 and b= 6.

Answers

Answer:

9

Step-by-step explanation:

-3+6 is 3

3*3 is 9

what is the answer for −3x−6+(−1)

Answers

Hi it would be -9x-1 hope that helps

Answer:

-3x-7

Step-by-step explanation:

Combine like terms

-6+-1 = -6-1 = -7

Hence, it's -3x-7

Gianna earned $466.90 at her job when she worked for 23 hours. How much money did she earn each hour?

Answers

Answer:

About $20.30

Step-by-step explanation:

$466.90 divided by 23.

$20.30

You need to divide 466.90 which is the total amount for 23 hours and then divide that by 23

A car and a motorcycle, starting 35 miles apart, travel directly away from each other. The car averages 60 miles per hour and the motorcycle averages m miles per hour. The distance (d) between them after h hours can be determined using the equation below. Which equation could be used to find the distance between the car and the motorcycle after 2.5 hours?

Answers

Answer:

d = 60h + 35

Step-by-step explanation:

60 = Slope

35 = Y-intercept

You would just input whatever amount of time you need to the variable h in order to find the value of d.

Is the statement true or false? If false, give a counterexample.

For all real numbers a, b and c, a(b + c) = ab + bc.

A. true
B. false; a(b + c) = ab − ac
C. false; if a = b = c = 1, then 1(1 + 1) ≠ 1(1) + 1(1)
D. false; if a = 1, b = 2, and c = 3, then 1(2 + 3) ≠ 1(2) + 2(3)

Answers

Answer:

D. false; if a = 1, b = 2, and c = 3, then 1(2 + 3) ≠ 1(2) + 2(3)

Step-by-step explanation:

A is false, because the a is being distributed/ being multiplied to all terms inside the parenthesis, and not the term b.

B is also false. There is no indicated negative signs.

C is also false because 1(1 + 1) is EQUAL to 1(1) + 1(1)

D is true.

At a fabric store, fabrics are sold by the yard. A dressmaker spent $36.35 on 4.25 yards of silk and cotton fabrics for a dress. Silk is $16.90 per yard and cotton is $4 per yard. Here is a system of equations that represent the constraints in the situation. x + y = 4.25 16.90x + 4y = 36.35 Find the solutions to the system of equations. Explain or show your reasoning

Answers

Given:

The system of equations that represent the constraints for the given situation is

[tex]x+y=4.25[/tex]

[tex]16.90x+4y=36.35[/tex]

To find:

The solution of given system of equations.

Solution:

We have,

[tex]x+y=4.25[/tex]           ...(i)

[tex]16.90x+4y=36.35[/tex]           ...(ii)

Multiply equation (i) by 4.

[tex]4x+4y=17[/tex]           ...(iii)

Subtracting (iii) from (ii), we get

[tex]16.90x+4y-(4x+4y)=36.35-17[/tex]

[tex]16.90x+4y-4x-4y=19.35[/tex]

[tex]12.90x=19.35[/tex]

Divide both sides by 12.90.

[tex]x=\dfrac{19.35}{12.90}[/tex]

[tex]x=1.5[/tex]

Put this value in (i).

[tex]1.5+y=4.25[/tex]

[tex]y=4.25-1.5[/tex]

[tex]y=2.75[/tex]

The solution of system of equations is x=1.5 and y=2.75. It means, the yards of silk are 1.5 and yards of cotton are 2.75.

Find the value of 10 to the 4th power.

Answers

Answer: 10,000

Step-by-step explanation: 10x10x10x10=10,000.

Answer:

10000

Step-by-step explanation:

I need help asap please​

Answers

How many answers can you choose?

Answer:

(E) if im wrong don't sew meh

Step-by-step explanation:

cómo se resuelve?

a) 3X+Y=16
5X-Y=24

b) 5X+4Y=35
2X+2Y=16

c) X+Y =21
3X+7Y=107​

Answers

The answer is:

A

Hope that helps you

Ambrose and Kaitlin are volunteering at a food bank. They both start at the same time. Kaitlin takes 13 minutes to pack a box with donated food. Ambrose takes 7 minutes to pack a box. After how many minutes will they finish packing boxes at the same time?

Answers

Answer:

They will finish packing boxes at the same time after 91 minutes.

Step-by-step explanation:

From the question,

Kaitlin takes 13 minutes to pack a box while Ambrose takes 7 minutes to pack a box. That is,

Kaitlin will finish packing a box after every 13 minutes and Ambrose will finish packing a box after every 7 minutes.

To determine when they will finish packing boxes at the same time, we will list the times they will finish packing boxes

For Kaitlin, she will finish packing box(es) at the following times:

13th minute, 26th minute, 39th minute, 52nd minute, 65th minute, 78th minute, 91st minute, 104th minute etc.

For Ambrose, he will finish packing box(es) at the following times:

7th minute, 14th minute, 21st minute, 28th minute, 35th minute, 42nd minute, 49th minute, 56th minute, 63rd minute, 70th minute, 77th minute, 84th minute, 91st minute, 98th minute, 105th minute etc.

From above, we can observe that, Ambrose and Kaitlin will finish packing boxes at the 91st minute.

Hence, They will finish packing boxes at the same time after 91 minutes.

Tommy and Arnold are playing with water balloons. Arnold is standing by a bush that is 20 feet from where Tommy is standing. Tommy released a water balloon at 5 feet above the ground and hits Arnold’s chest- which is also 5 feet above the ground. The balloon reached a maximum height of 15 feet off the ground. using Tommy’s location as the starting point, help Tommy write an equation that describes the path of the water from the point of release to Arnold's chest. Using the equation y=a(x-h)^2+k

Answers

Answer:

The equation that describes the path of the water balloon is:

[tex]y =-\frac{1}{10}\cdot (x-10)^{2}+15[/tex]

Step-by-step explanation:

The motion of the water balloon is represented by quadratic functions. Tommy launches a water balloon from [tex]A(x,y) = (0\,ft, 5\,ft)[/tex] and hits Arnold at [tex]B(x,y) = (20\,ft, 5\,ft)[/tex]. Given the property of symmetry of quadratic function, water ballon reaches its maximum at [tex]C(x,y) = (10\,ft,15\,ft)[/tex], which corresponds to the vertex of the standard equation of the parabola, whose form is:

[tex]y = a\cdot (x-h)^{2}+k[/tex] (Eq. 1)

Where:

[tex]a[/tex] - Vertex parameter, measured in [tex]\frac{1}{ft}[/tex].

[tex]h[/tex], [tex]k[/tex] - Horizontal and vertical components of the vertex, measured in feet.

[tex]x[/tex], [tex]y[/tex] - Horizontal and vertical location of the ball, measured in feet.

If we know that [tex]x = 0\,ft[/tex], [tex]y = 5\,ft[/tex], [tex]h = 10\,ft[/tex] and [tex]k = 15\,ft[/tex], the vertex parameter is:

[tex]5\,ft = a\cdot (0\,ft-10\,ft)^{2}+15\,ft[/tex]

[tex]a = \frac{5\,ft-15\,ft}{(0\,ft-10\,ft)^{2}}[/tex]

[tex]a = - \frac{1}{10}\,\frac{1}{ft}[/tex]

The equation that describes the path of the water balloon is:

[tex]y =-\frac{1}{10}\cdot (x-10)^{2}+15[/tex]

SOMEONE HELP ME WITH THIS PLSSS ITS REALLY IMPORTANT IDK WHAT TO DO ​

Answers

A) 13
B) 23
C) -5
D) 5
E) 16
F) 7
G)8
H)4

Kasey colloectes 85 out of 120 pokimon cards. Write this as a decimal.

Answers

Answer:

About 71%.

Step-by-step explanation:

Divide 85 by 120.

It's .708333333 (3 repeating.)

Helllpppp me please!

Answers

Answer:

b. 0.225

Step-by-step explanation:

tan = opposite / adjacent

opposite of A is 9

adjacent of A is 40

9/40=0.225

It is B 0.225 I don’t know for sure but I think it is

Helppppp Meeeeee !!!!!!!!!

Answers

Answer:

a) draw the triangle using the graph points

b) move the triangle 3 points to the left and 1 point down

c) translation

d) draw this shape

e) write down the coordinates

Step-by-step explanation:

The x-3 in translation tells you to move 3 squares to the left along the x axis in translation and y-1 tells you to move down one on the y axis.

At a basketball game, a vender sold a combined total of 222 sodas and hot dogs. The number of sodas sold was 58 more than the number of hot dogs sold. Find the number of sodas sold and the number of hot dogs sold.

Answers

Answer:

Probably 169

Step-by-step explanation:

I divided 222 by 2 and got 111 so i added 58 and got 169

111+58=169

If im incorrect please correct me so i can learn as well :D

Myra can fill 18 glasses with two containers of ice tea how many glasses can she fill with three containers of iced tea ​

Answers

Answer:

27

Step-by-step explanation:

If we divide 18 by 2, we get 9. 9 is how many glasses each container of ice tea can fill. 3 x 9 = 27

10m - 8n^2
(if m = 2 and 11 = -3)

Answers

Answer: -52

Explanation:
If you plug in the variable answers the equation is 20-8•-3^2 then do the exponent so, 20-8•9, then multiply so 20-72 which is -52.

The solution of the equation when m = 2 and 11 = -3 will be - 52.

What is a solution to a system of equations?

For a solution to be solution to a system, it must satisfy all the equations of that system, and as all points satisfying an equation are in their graphs,

So solution to a system is the intersection of all its equation at single point(as we need common point, which is going to be intersection of course)(this can be one or many, or sometimes none)

We have been given; 10m - 8n^2

(if m = 2 and 11 = -3)

If we plug in the variable

the equation is 20 - 8(-3)^2

Now, do the exponent

So, 20 - 8^9,

Then multiply

20-72 = -52.

Therefore, the solution of the equation when m = 2 and 11 = -3 will be - 52.

Learn more about finding the solution graphically here:

https://brainly.com/question/26254258

#SPJ2

A youth group is selling snacks to raise money to attend their convention. Amy sold 2 pounds of candy, 3 boxes of cookies and 1 can of popcorn for a total sale of $65. Brian sold 4 pounds of candy, 6 boxes of cookies and 3 cans of popcorn for a total sale of $140. Paulina sold 8 pounds of candy, 8 boxes of cookies and 5 cans of popcorn for a total sales of $250. What is the cost of each item

Answers

Answer:

The cost of a can of popcorn is $10.

The cost of a box of cookies is $5.

The cost of a can of popcorn is $20

Step-by-step explanation:

First you must propose a system of equations, a set of two or more equations with several unknowns in which you want to find the value of each unknown so that all the equations of the system are fulfilled.

Defining the variables:

x: cost of one pound of candyy: cost of a box of cookiesz: cost of a can of popcorn

Amy sold 2 pounds of candy, 3 boxes of cookies and 1 can of popcorn for a total sale of $65. Then:

2*x + 3*y + 1*z=65 Equation 1

Brian sold 4 pounds of candy, 6 boxes of cookies and 3 cans of popcorn for a total sale of $140. So:

4*x + 6*y + 3*z=140 Equation 2

Paulina sold 8 pounds of candy, 8 boxes of cookies and 5 cans of popcorn for a total sales of $250. Then:

8*x + 8*y + 5*z=250 Equation 3

Then the system of equations is formed by these three equations.

A method to solve a system of equations is by means of the substitution method, which consists of isolating one of the two unknowns in an equation to substitute it in the other equation.

Isolating z from Equation 1:

[tex]z=65-2*x-3*y[/tex] Equation 4

Replacing in Equation 2:

4*x + 6*y + 3*(65 -2*x-3*y)=140

4*x + 6*y + 195 - 6*x  - 9*y= 140

-2*x - 3*y=140-195

-2*x - 3*y=-55

2*x + 3*y= 55

and isolating x:

[tex]x=\frac{55-3*y}{2}[/tex] Equation 5

Replacing in Equation 4:

[tex]z=65-2*\frac{55-3*y}{2} -3*y[/tex]

z=65 - (55-3*y) - 3*y

z= 65 -55 + 3*y - 3*y

z= 10

So the cost of a can of popcorn is $10.

Replacing equation 5 and the value of z in equation 3:

8*[tex]\frac{55-3*y}{2}[/tex] + 8*y + 5*10=250

[tex]\frac{8}{2}[/tex]*(55 -3*y)+ 8*y + 5*10=250

4*(55 -3*y)+ 8*y + 5*10=250

4*55 - 4*3*y + 8*y + 50=250

220 - 12*y + 8*y + 50=250

-12*y + 8*y= 250 -220 - 50

-4*y= -20

[tex]y=\frac{-20}{-4}[/tex]

y= 5

So the cost of a box of cookies is $5.

Finally replacing the value of y in Equation 5 you get the value of x:

[tex]x=\frac{55-3*5}{2}[/tex]

[tex]x=\frac{55-15}{2}[/tex]

[tex]x=\frac{40}{2}[/tex]

x=20

Finally, the cost of a can of popcorn is $20

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