oscarmasinde44
08.04.2020 •
Business
Weismann Co. issued 13-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6 percent, what is the current bond price?
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Ответ:
$1,423.39
Explanation:
For computing the current bond price we use the present value formula i.e to be shown in the attachment below:
Given that,
Future value = $1,000
Rate of interest = 6% ÷ 2 = 3%
NPER = 13 years - 1 year = 12 years × 2 = 24 years
PMT = $1,000 × 11% ÷ 2 = $55
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After applying the above formula, the current bond price is $1,423.39
Ответ:
Answer
Marketing manager
Explanation
In her previous role as the assistant marketing manger,Priya was able to come up with marketing strategies and plans for products.As a sales representative, this role exposed her to connecting with customers and getting marketing insights at the field. During her time as a budget analysis she was able to monitor the spending of the organization to ensure that they are within budget.The best role for her promotion is the Marketing manager position.