1.
Kiss the Sky Enterprises has bonds on the market making annual payments, with 20 years to maturity, and selling for $880. At this price, the bonds yield 7.1 percent. What must the coupon rate be on the bonds?
2.
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Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon rate of 6.5 percent paid annually. |
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If the yield to maturity is 7.6 percent, what is the current price of the bond? |
In: Finance
Recently there has been discussion in the news about taxing junk food (soft drinks, for example) in an effort to reduce the incidence of obesity in the U.S. Do you think the demand for junk food is elastic or inelastic with respect to price.
Based on your knowledge of the price elasticity of demand, do you think the dead weight loss of a soda/junk-food tax would be relatively large or relatively small? Why? Do you think taxing junk food would be a good idea? Based on your analysis, would it really help reduce the number of obese people in the United States? Explain.
In: Economics
A pollster claims that the mean amount spent on Christmas gifts
by an American family is
$930 with a standard deviation of $180. What is the probability
that the mean amount spent on
Christmas gifts for a sample of 500 families is between $910 and
$970?
The distribution of the durations of human pregnancies in the
United States is approximately
normal with mean 268 days and standard deviation 14 days.
a) What is the probability that a randomly selected US woman has a
pregnancy which
lasts longer than 276 days?
b) What is the probability that an SRS of 20 US pregnancies show
a sample mean that is
greater than 276 days?
In: Statistics and Probability
Recently there has been discussion in the news about taxing junk food (soft drinks, for example) in an effort to reduce the incidence of obesity in the U.S. Do you think the demand for junk food is elastic or inelastic with respect to price.
Based on your knowledge of the price elasticity of demand, do you think the deadweight loss of a soda/junk-food tax would be relatively large or relatively small? Why? Do you think taxing junk food would be a good idea? Based on your analysis, would it really help reduce the number of obese people in the United States? Explain.
In: Economics
imagine that the Fed decides to take action to restore GDP to the original level from before the increase in saving by American families. What policy would the Fed undertake? Consider the impact of the increased saving behavior and the Fed’s response in a short-run framework with the United States as a closed economy. That is, consider the combined short-run impact of these two developments – increased saving by American families and the Fed response to the increased saving. What would be the combined impact on U.S. GDP, consumption, interest rates, and investment compared to the original equilibrium before either the increase in saving or the response of the Fed? Explain.
In: Economics
Is the value of providing universal health coverage great enough to incur the cost of care to the uninsured? Or, are the uninsured of less value to society than the insured? What are society's obligations, if any, if someone decides not to purchase health insurance, but then falls seriously ill or is involved in a catastrophic accident? What are the obligations if their uninsured child needs care, if any?
This is for a discussion post. Please provide 125 words in your response. Thanks in advance.
The last idiot stated United States has a Universal Health Care system! We don't! And we have several people uninsured still! Please answer the question correctly!
In: Nursing
For this business letter, you will be researching the proper way to address the President of the United States in a business letter. Format your letter with the proper form you have used in this course or research the link in the Resources Tab. The body of your letter should be a demonstration of your use of professional language and discussing the use of power as it relates to being a significant leader in the world today. Use of professional and respectful language is essential for this assignment. Knowledge of power and leadership must also be demonstrated. DO NOT SEND THIS LETTER TO THE PRESIDENT! Note: Business letters require three (three sentences) paragraphs, an introduction, a body, and a conclusion paragraph.
In: Economics
Remember, to be persuasive, you must use facts and logic. Identify the sources of information that you use, and don’t draw general conclusions from specific incidents.
The 2010 Supreme Court ruling in United States v. Comstock made it permissible to use civil commitment to further detain sexually dangerous offenders beyond their date of scheduled release. This means that a person can be convicted, sentenced, serve their entire sentence and be scheduled for release but still detained.
In your post, discuss what is supposed to be accomplished by this further detainment and how this detainment may be terminated. What are some of the requirements of this detainment, and are these requirements justifiable?
In: Accounting
(Accelerating collections) A company with a 12% cost of capital receives cash inflows from customers throughout the United States and Canada. Checks take 5 days on average to arrive, but a large commercial bank has proposed to implement a lock box concentration banking system for a $250,000 annual fee which would cut the time a check is in receivables float to an average of 11/2 days. The company’s marginal tax rate is 35%. What is the value of the proposed system to the company, and should it be implemented, if the company’s daily cash inflows average:
a. $150,000?
b. $300,000?
c. $450,000?
d. $600,000?
In: Accounting
Macroeconomic Conditions and Company Performance: RE: Walmart, Neighborhood Market
a) Describe the trends of Net Profit And Total Revenue over the past three years.
b) Analyze the relationship between Net Profit And Total Revenue (performance variables) and Unemployment, Inflation, and Interest Rates (macroeconomic variables) for the past three years. Include Any relating graphs or suggested graphing methods**
c) Assess how the current monetary policy and fiscal policy in the United States may impact Walmanr't Neighborhood Markets financial performance in the short term (six months to one year). Justify your response.
In: Economics