A company issues a 20-year bond with semiannual coupon of 8% and a YTM of...
60.1K
Verified Solution
Link Copied!
Question
Finance
A company issues a 20-year bond with semiannual coupon of 8% and a YTM of 6%. Calculate the value of the bond and conclude whether it is being traded at a premium, discount or at par.
2. Forecast the working capital based on the below information:
Stock of finished goods - $5000
Stock of raw materials - $12,000
Total Sales - $350,000 of which $50,000 is cash sales; Customers take 1 month to pay their debts.
Total rent paid for the year - $16,000 of which 3 months is prepaid.
Expenses Average time taken to pay:
Salaries - $250,000 - Time taken is 2 weeks.
Rent - $150,000 - Time taken 1.5 months.
There is a 15% contingency to be considered.
3. Explain the origin and importance of Just in Time inventory management and the pros and cons of following this policy.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
