It is now january 1, 2019, and you are considering the purchase of an outstanding bond that was issued on january 1, 2017. it has a 9.5% annual coupon and had a 20-year original maturity. (it matures on december 31, 2036.) there is 5 years of call protection (until december 31, 2021), after which time it can be called at 108—that is, at 108% of par, or $1,080. interest rates have declined since it was issued, and it is now selling at 120.08% of par, or $1,200.80. a. what is the yield to maturity? do not round intermediate calculations. round your answer to two decimal places. % what is the yield to call? do not round intermediate calculations. round your answer to two decimal places. b. if you bought this bond, which return would you actually earn?

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

The new york stock exchange is an example of what type of stock market?

The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.