Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

1) Many creditors of firm offer early payment discounts. Accounts payable supervisor doesn’t believe in paying early “as bank overdraft rate of 7% pa is more than average 2% offered for payment in 12 days from date of invoice”. Supervisor stretches accounts to 40 days from last date of early payment discount. If the average creditor’s terms are 2%, 12: net 30, determine the minimum number of days beyond the net date which accounts should be stretched to make stretching a viable alternative?

2) Highcorp Treasury company in land of Zanadu is holding the parcel of Zanadu Government Bonds with the face value of= $2,000,000. Bonds were issued seven and a half years ago and still have two and a half years to maturity. They pay the coupon rate of interest of= 6.5% pa, with interest being paid semi-annually. At present market yield quoted for Zanadu bonds is= 4.22% pa. Convention in Zanadu financial markets is that market yield and coupon rate are cited as annual nominal rates. Determine the market value of bonds?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M914364

Have any Question? 


Related Questions in Basic Finance

What is redlining how is the community reinvestment act

What is redlining? How is the Community Reinvestment Act supposed to affect it? What are the classifications for depository institutions and the ratings under the current regulations? Could my bank be violating the law i ...

One investigator takes a sample of 100 men age 18-24 in a

One investigator takes a sample of 100 men age 18-24 in a certain town. Another takes a sample of 1,000 such men. 1) Which investigator will get a bigger average for the heights of the men in their sample? or should the ...

Is there a relationship between x rate of poverty measured

Is there a relationship between (X) rate of poverty (measured as percent of population below poverty level) and (Y) rates of teen pregnancy (measured per 1,000 females aged 15 to 17)? A researcher selected random states ...

T-bill auctionhow can investors using the primary t-bill

T-Bill Auction : How can investors using the primary T-bill market be assured that their bid will be accepted? Why do large corporations typically make competitive bids rather than noncompetitive bids for T-bills?

Evaluate sokols conduct and determine which if any of the

Evaluate Sokol's conduct and determine which, if any, of the CFA Institute Standards of Professional Conduct are applicable. For each applicable Standard, determine whether conduct complied with or violated the Standard. ...

Assignment lasa case analysis-sustainable developmentin

Assignment: LASA, Case Analysis-Sustainable Development In this assignment, the objective is to further understand some illustrative examples of how companies have accomplished the multiple tasks of meeting objectives fo ...

1 assume that you are mr hegarty the ceo of mebel-doran

1) Assume that you are Mr. Hegarty, the CEO of Mebel-Doran. What will you do now? What avenues are open to you? Is Mebel-Doran ethically responsible for anything in this transaction? Should they be legally responsible? S ...

What are the major sources of changes in aggregate

What are the major sources of changes in aggregate demand? What are the short- run and the long- run effects?

A bonds market price is 875 it has a 1000 par value will

A bond's market price is $875. It has a $1,000 par value, will mature in 6 years, and has a coupon interest rate of 8 percent annual interest, but makes its interest payments semiannually. What is the bond's yield to mat ...

The wall street journal reports that the rate on 8-year

The Wall Street Journal reports that the rate on 8-year Treasury securities is 1.20 percent and the rate on 9-year Treasury securities is 1.75 percent. According to the unbiased expectations theories, what does the marke ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate