What is the annual interest amount for a $1,000 bond that pays 7 3 / 4 percent
Question:
What is the annual interest amount for a $1,000 bond that pays 7 3 / 4 percent interest?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
The annual...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
Question Posted:
Students also viewed these Corporate Finance questions
-
Assume that you are nearing graduation and that you have applied for a job with a local bank. As part of the banks evaluation (interview) process, you have been asked to take an exam that covers...
-
a. Draw time lines for (1) a $100 lump sum cash flow at the end of Year 2, (2) an ordinary annuity of $100 per year for 3 years, and (3) an uneven cash flow stream of -$50, $100, $75, and $50 at the...
-
You have applied for a job with a local bank. As part of its evaluation process, you must take an examination on time value of money analysis covering the following questions: a. Draw time lines for...
-
What is a time series? Explain the four characteristics that time series may exhibit and provide some practical examples.
-
To measure the force of friction on a moving car, engineers turn off the engine and allow the car to coast down hills of known steepness. The engineers collect the following data: 1. On a 2.87 hill,...
-
The beta of gold relative to the market portfolio is -0.3. The risk-free rate is 7 percent, and the market risk premium is 4 percent. a. What is the expected return on gold based on the capital asset...
-
Consider a wheel with \(n\) sectors. If the wheel pointer lands on sector \(i\), the payoff obtained is \(r_{i}\) for every unit bet on that sector. The chance of landing on sector \(i\) is \(p_{i},...
-
Steady-state temperatures at selected nodal points of the symmetrical section of a flow channel are known to be T2 = 95.47C, T3 = 117.3C, T5 = 79.79C, T6 = 77.29C, T8 = 87.28C, and T10 = 77.65C. The...
-
discuss the role of ethical leadership in building resilience and guiding organizations through times of crisis or uncertainty, by prioritizing ethical considerations and maintaining a steadfast...
-
Design a self-bias network using a JFET transistor with IDSS = 8 mA and VP = -6 V to have a Q-point at IDQ = 4 mA using a supply of 14 V. Assume that RD = 3RS and use standard values.
-
How can business periodicals and government publications help you evaluate a bond issue?
-
Why do corporations sell bonds?
-
Identify three primary financial statements and state their purposes.
-
Gordon is the fiduciary for a traditional IRA. He has several different investments available to him to invest the IRA assets. All of the following investments are permitted investments for a...
-
1. Calatrava es considerado uno de los arquitectos contemporneos ms originales del mundo. Cules son los elementos que hacen sus estructuras tan originales? Qu impresin tienen Uds. sobre su estilo? 2....
-
You recently acquired a building that will require a new $120,000 HVAC system in three to five years. To be conservative, you anticipate incurring the expense at the end of year three. How much money...
-
Fair value is; Select one: a. And entity-specific measurement and not a market-based measurement b. Market-based measurement and an entity-specific measurement c. Market-based measurement and not an...
-
How to access the real payoff of a college degree by Scott Carlson Do the benefits of college still outweigh the costs? By Richard Deitz & jaison R Abel Annotated mini bibliography Research essay...
-
Tims Tee Shirts started business in 2018 with total assets of $40,000 and total liabilities of $26,000. At the end of 2018, Tims Tee Shirts total assets were $53,000 and total liabilities were...
-
Tiger, Inc. signed a lease for equipment on July 1, 2007.The lease is for 10 years (the useful life of the asset).The first of 10 equal annual payments of $500,000 was made on July 1, 2007.The...
-
How important is general market behavior in affecting the price performance of mutual funds?
-
Why is speculating in raw land considered a high-risk venture?
-
Contrast mutual fund ownership with direct investment in stocks and bonds. Assume that your class is going to debate the merits of investing through mutual funds versus investing directly in stocks...
-
4. A partnership owns an aging 4-unit retail center in a local campus property. Cash flow projections for the next 10 years are: $50,000 for years 1 and 2; $60,000 for years 3 and 4; $70,000 for...
-
given A = 2 -2 3 ' 3 4 2 , 4 2 5 2 2 B= 3 -3 2 2 1 2 1 4 2 2 3 F= 4 2 3 - 2 -2 4 2 3 2 3 4 2 4 I Find the resulting matricas based on the arth metic operation. attach solution on your the comment...
-
The 40 members of a recreation class were asked to name their favorite sports. The table shows the numbers who responded in various ways. Use information given in the table to answer the following...
Study smarter with the SolutionInn App