What is the cash conversion cycle for a firm with $3 million average inventories, $1.5 million average Accounts Payable, a receivables period of 40 days, and an annual cost of goods sold of $18 million.
Merton Enterprises has bonds on the market making annual payments, with 16 years to maturity, and selling for $1,051. At this price, the bonds yield to maturity is 6.8%. What must the coupon rate be on Merton's bonds? (Coupon is paid annually.)
It goes to the investor who buys the bond. A zero coupon bond is a bond in which, the investor need not pay any premium (coupon) above the face value of the bond while purchasing it. Let us say a company issues a $10,000 bond at a discount of 10% with zero coupon, it is enough if the investor pays $9000 to buy the bond. At the time of maturity he would get back $10,000. This 10% discount can be compared to the interest earned on the investment for the investor.
Zero coupon bonds are sold at a price well below face value. Thus, these bonds are appealing to the small investor because they can be bought far more cheaply than ordinary debt obligations. The discount is usually from 50 to 75 percent.
80 percent off.
Zero coupon bonds issued by the US Treasury are issued at a discount to face value. An investor holding zero coupon bonds is paid the full face value when the zero coupon bond matures. The difference between the purchase price and the maturity value is know as the original issue discount which represents the interest earned on the zero coupon bond. Although a zero coupon bond does not pay annual interest, an investor must pay taxes each year based on the imputed receipt of income. Since the investor is not receiving interest payments during the life of the bond, taxes would be paid on interest income not actually received until bond maturity. Due to the yearly tax liability on imputed interest, it makes sense for most investors to hold zero coupon bonds in a tax deferred retirement account. The interest earned on zero coupon bonds issued by the US Treasury are exempt from state and local taxes.
(4) risk-averse investors anticipating increases in interest rates
$54
you can find a 10 percent off home depot coupon by going on the the offical home depot website at www.homedepot.com and looking at their coupons tab for savings
The advantage of buying zero-coupon bonds is that when they reach maturity, the investor then receives the full face value of the bond. These bonds became popular in the 1980's even though they were first released in the 1960's.
if the coupon just specifies ten percent off, then you can use it on any purchase or installation services which you are going to purcase in the store.
Coupon codes for bouquet delivery can be found at websites, such as Ultimate Coupons, Proflowers, Retailmenot and Offers. Coupon codes can enable purchase of bouquet delivery with ten percent or more discount.
$5
on their website, use coupon code "save10percent"