Calculate the current value of Bond M if the time of maturity is ...

[tiara099]

Calculate the current value of Bond M if the time of maturity is six years. (See Table 6.2)
 
  What will be an ideal response?

Question 2

Of the following activities, which is MOST likely to be an interaction between the financial manager and the information systems manager?
 
  A) Developing a system to bill customers, pay suppliers, and track inventory
  B) Costing of products
  C) Setting credit policies
  D) Determining the appropriate pricing of products

[sarahccccc]

Answer to Question 1

The bond is at par, or 100, because the annual coupon interest rate is equal to the required rate of return.

Answer to Question 2

Answer: A
Explanation: A) Costing of products is done in conjunction with the manufacturing manager. Determining the appropriate price for products and setting credit policies is a result of collaboration with the marketing department. IT works on billing, paying, and tracking.

[tiara099]

TYSM

[meganmoser117]

Gracias!