Belinda herrera purchased a $5,000 bond at the quoted price of 94.125. the bond paid interest at a rate of 6%. what is the annual yield?

6.37%

Explanation:

Annual yield is the annual dividend yield of a bond.

Formula for annual yield = Annual dividend amount / Current price of the bond

Annual dividend amount = Annual interest rate * Face value

= 6% * $5,000

= $300

Current price = 94.125 means that the bond price is 94.125% of the Face value

Current price = 0.94125* 5000 = $4,706.25

Therefore, annual yield = 300/4,706.25 = 0.0637 or 6.37%

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate