Consider a bond with annual coupon payments. You purchased the bond when it was originally issued. Immediately thereafter, the YTM had changed and remained at this new level indefinitely. Today, at the end of year 4 (immediately after the 4th coupon payment), your bond investment has the following characteristics:

Total Interest (Coupons) =
Interest-on-Interest (I2) =
Capital Gains =
Realized Return (annual) = $5,476.75
$1,047.89
$759.06
13.773973%
Hint: Do not assume any face value or any time to maturity at issue

You must show ALL work – including any calculator keystrokes to receive credit. Please, find
the following:
(a) The annual coupon (in dollars and cents)
(b) The new YTM (as a percentage with 3 digits after the decimal point)
(c) The purchase price of the bond (in dollars and cents)
(d) The face value of the bond (in dollars and cents)

The market yield on spice grills' bonds is 15%, and the firm's marginal tax rate is 33%. what is their shareholders' required return if the equity risk premium is 4%?

142"what is the value of n? soefon11402bebe99918+19: 00esseeshop60-990 0esle

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.