subject
Business, 26.09.2019 23:30 msjoey45

Jrj corporation recently issued 10-year bonds at a price of $1,000. these bonds pay $60 in interest each six months. their price has remained stable since they were issued, i. e., they still sell for $1,000. due to additional financing needs, the firm wishes to issue new bonds that would have a maturity of 10 years, a par value of $1,000, and pay $40 in interest every six months. if both bonds have the same yield, how many new bonds must jrj issue to raise $2,000,000 cash? show work. a 5000b 2596c 3000d 2400e 4275

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 19:00
James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:
Answers: 3
question
Business, 22.06.2019 22:30
When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?
Answers: 2
question
Business, 23.06.2019 00:30
Three years ago, the city of recker committed to build a park and music venue by the river. it was expected to cost $2.5 million and be paid for from an additional meals tax in the community. the residents pushed back. local restaurants suffered as people ate out less or patronized restaurants in neighboring communities. the project has stalled, but the town council kept pushing it on. this spring, a flood devastated the venue. the town council appears to have suffered from bias
Answers: 3
question
Business, 23.06.2019 02:30
George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the duties of a:
Answers: 1
You know the right answer?
Jrj corporation recently issued 10-year bonds at a price of $1,000. these bonds pay $60 in interest...
Questions
question
Mathematics, 05.05.2020 05:28
Questions on the website: 13722363