User Account

All Pages

What is its bond equivalent yield

Assignment Help Accounting Basics
Reference no: EM13973991

A T-bill with face value $10,000 and 92 days to maturity is selling at a bank discount ask yield of 3.9%. a. What is the price of the bill? (Use 360 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) Price of the bill =$ 9900.33 b. What is its bond equivalent yield? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.)

Reference no: EM13973991

Questions Cloud

What type of domain does it come from : Is it published by an entity that makes sense? Who "published" the page? Equally important, please post websites that you are not sure about their validity, so that we, as a class, can discuss.
What could author do to make that research more convincing : What could the author do to make that research more convincing? What could reasonably be done to improve the paper?
Differential reinforcement of other behavior : Decide which of the following concepts are most applicable to each scenario: differential reinforcement of other behavior, avoidance contingency, punishment by prevention of reinforcer, punishment by loss of reinforcer, or avoidance of loss.
Canadian income taxes : SMALLco is a domestic corporation that has elected S corporation status. SMALLco wholly owns a Canadian corporation, CANco. CANco earns $100,000 of income during the year and pays $40,000 in Canadian income taxes.
What is its bond equivalent yield : a. What is the price of the bill? (Use 360 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) Price of the bill =$ 9900.33 b. What is its bond equivalent yield? (Use 365 days a year. Do not round intermedi..
Impairment loss included in continuing operations : What before-tax amount(s) should Pearman report as loss on discontinued operations in its 2016 income statement? $1,400,000 loss. $400,000 loss. None. $400,000 impairment loss included in continuing operations and a $1,000,000 loss from discontinu..
Write about why do people smoke and how : Write about why do people smoke and how and when did they start smoking and what is the side effect for smoking and why it is dengrous for young people and dengrous for our health.
Amount of law services revenue : What is the amount of Law Services Revenue that will be reported on the income statement for the year 2015?
What focus group does, what purpose it serves : We just completed one live focus group session. Now, you have a better idea of what focus group does, what purpose it serves. Here is Dan Ariely (well known behavioral economist/psychologist and amazing presenter) and his thoughts on "focus group"...

Reviews

Write a Review

Accounting Basics Questions & Answers

  Township assembly agreed that a new police and fire

prepare general ledger entries1. township assembly agreed that a new police and fire department building would be

  Salvadore inc a local retailer has provided the following

salvadore inc. a local retailer has provided the following data for the month of september nbspnbspmerchandise

  Franco capital account balance

At the beginning of the year, the capital account balances were: franco capital, $40000; elisa capital, $58000. franco's capital account balance at the end of the year is ??

  Compare and contrast what motivates millennials from baby

compare and contrast what motivates millennials from baby boomers generation x and generation y. assess whether

  Richard delgado invested 10000 in a money market account

richard delgado invested 10000 in a money market account that will pay 5.75 percent compounded daily. how much will the

  Bank reconciliation-journal entries-reporting cash

The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 28, 2006. The February 28, 2006, bank statement and the February T-account for cash showed the following (summarized):

  A company insurance salesman sold a life insurance policy

bluestem insurance agency prepares monthly financial statements. presented below is an income statement for the month

  According to a study by the american pet food dealers

according to a study by the american pet food dealers association 57 percent of u.s. households own pets. a report is

  Borrowed cash and signed

On November 1, 2010, Edwin, Inc., borrowed cash and signed a $60,000, one year note payable.

  Plano uses a weighted average costing system.

Plano uses a weighted average costing system.

  Calculate the sales forecast modeling

Toys Unlimited, Ltd., must forecast sales for a popular adult com- puter game to avoid stockouts or excessive inventory charges during the upcoming Christmas season. In percentage terms, the company estimates that game sales fall at double the rat..

  Essential to the effective operation of any cost and

essential to the effective operation of any cost and management accounting system in any business is the ability to

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd