bonds have a yield to maturity of 9 percent. What is the current market price of these bonds? Cash flow = 8% of 1‚000 = 80 YTM or interest rate n = 10 i = 9(%) PMT = 80 FV = 1000 PV = solve PV=935.82 2. (Valuation a preferred stock) Susie’s Pet Supplies issued preferred stock with a state dividend of 10 percent at par. Preferred stock of this type currently yields 8 percent an the par value is $100. Assume dividends are paid annually. a) What is the value of Susie’s preferred stock?
Premium Bond Finance Investment
What the Bible Says About Fracking A local company has proposed to begin hydraulic fracturing‚ also known as fracking‚ in a rural community nearby in order to extract fossil fuels. The proposal is controversial as some believe it will be beneficial for the community as it will create jobs‚ offer income for landowners‚ and provide energy. On the other hand‚ some are concerned about the environmental impact that fracking will have on woods‚ farmland‚ and the water supply. Some also want to look at
Premium
Contention 1- The majority does not perform the greatest ability to protect all members of a society. In the case of Miranda v Arizona‚ the courts had to decide whether or not a man was deprived of his freedoms while in police custody. Basically Miranda v Arizona completely changed the way police apprehend and interrogate suspects. However it was not only Miranda‚ but many other instances where the majority has not protected all minorities. Vignera v New York was another similar instance where
Premium Miranda v. Arizona Supreme Court of the United States Police
moral meaning. But what do you do when these traditions seem to fall short over time? It is the responsibility of every individual to choose for themselves what ways of life they wish to keep intact for their generation and which ones they wish to dispose of. This concept is brought into light with the ideas of two fictional characters. Phoenix Jackson displays the values of tradition in Eudora Welty ’s "A Worn Path"
Premium Short story English-language films Sociology
Curfew Law in Arizona. Many cities in the state of Arizona have put a curfew on all kids. Kids under the age of 16 cannot be out unsupervised between 10 pm and 5 am. Kids 16-18 cannot be out during 12 am to 5 am. Our country is a free country and allows parents to control their own kids how they choose. Who is to tell a parent how to raise their kid? The government should not be allowed to bully parents and give them rules for their own kids. These curfews are not allowing parents to control
Premium Crime Criminology
Brief Report What makes Simon Says so difficult for young children? Peter J. Marshall ⇑‚ Ashley R. Drew Department of Psychology‚ Temple University‚ Philadelphia‚ PA 19122‚ USA a r t i c l e i n f o Article history: Received 23 August 2013 Revised 30 March 2014 Available online 5 June 2014 Keywords: Executive functioning Inhibition Social Young children Cognitive control Inconsistency a b s t r a c t Compared with conceptually similar response inhibition tasks‚ the game of Simon Says is particularly
Premium Psychology Developmental psychology Cognition
1. A sign is something that says exactly what it is. It doesn’t have symbolic meaning because the sign explains itself. A symbol has meaning behind it. It doesn’t exactly explain what it means. People have to know the background of the symbol or what it stands for to understand the meaning. Both could be pictures‚ but the interpretation is different between the two. An example of a sign is a stop sign because it says exactly what it means. An example of a symbol is the Holy Cross. It could look like
Premium Semiotics Linguistics Symbol
higher salary. However a person under the influence of drugs is quite likely to make expensive mistakes and be incompetent. That is unemployment waiting to happen. Also‚ a drug habit can be REALLY expensive (up to hundreds of pounds per day!) and this is why many addicts are forced into crime. Don’t waste your money. Drugs are the ultimate betrayer - you pay big money to destroy yourself. 4. Drugs mess with your travel plans Anyone convicted of drugs offences will not be allowed entrance into some
Premium Drug addiction Addiction Illegal drug trade
question what does writing mean to me in my life. While thinking I can honest say that writing helps me to feel better‚ I feel some kind of relief by write . If you have a lot of things to say‚ but you have some problems of expressing them by talk about it‚ you may try to write it down to help you express what you have to say. Writing for me is self-expression. I think‚ that we all are writers‚ and developing our talent of writing we can express ourselves through writing. Writing means many different
Premium Writing Linguistics Paper
What does the Bill of Rights mean to me? The Bill of Rights is the first ten amendments of the Constitution. It has different meanings for everyone. It means many different things to me today. The Bill of Rights affects me in many different ways such as what I believe‚ what I say‚ and what other freedoms I have. The first amendment affects me in many different ways in every day life. It talks about freedom of press‚ speech and religion. This amendment is one of the most important to me. Without
Free United States Constitution United States Bill of Rights First Amendment to the United States Constitution