Answer:
The annual YTM will be = 0.07518796992 or 7.518796992% rounded off to 7.52%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
C is the coupon payment
F is the Face value of the bond
P is the current value of the bond
n is the number of years to maturity
Lets assume the par value is 1000.
Current value = 1000 * 109% = 1090
Coupon payment = 1000 * 0.085 * 6/12 = 42.5
Number of periods remaining till maturity = 14 * 2 = 28
semi annual YTM = [ (42.5 + (1000 - 1090 / 28)) / (1000 + 1090 / 2)
semi annual YTM = 0.03759398496 or 3.759398496% rounded off to 3.76%
The annual YTM will be = 0.03759398496 * 2 = 0.07518796992 or 7.518796992% rounded off to 7.52%
Answer:
Cost of god transferred = $88,300.
Explanation:
The cost of job transferred out =
Opening WIP + direct material cost + direct labor cost + applied overhead - closing WIP
Cost of job transferred = 4,600 + 47,200+ 29,700 +15,900 - 9100
= 88,300.
Kindly note that closing inventory represents amount of manufacturing costs that has been incurred on production units but which are yet to be completed . <em>So to determine the cost of what has be completed and finished, we subtract the value of closing inventory from the total manufacturing cost incurred till date. </em>
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Answer & Explanation:
Fish is a common resource not a public good because it is subject to rivalry in consumption.Tragedy of commons results when property right aren't assigned for the common resource.
Answer:
more
less
more
Explanation:
The limit on unemployment benefits would increase the incentives to find a job because after the 2 years period is over, those without jobs would get no benefits from the government.
Income distribution becomes more unequal because those who don't find jobs after the 2 year period would have no income
The economy would become more efficient because there would be an increase in the number of people employed as a result of the policy and output would increase.
Hope This Helps :)
When there is a price floor in the market, this usually means that the sellers of the good or service outnumber the buyers.
<h3>What is a price floor?</h3>
- It refers to an amount that the price of a good is not allowed to fall below.
- It is imposed by the government to prevent market failure.
The reason the price might fall so low that a price floor would be implemented is that there are more suppliers in the market than consumers. The price will therefore fall according to the Law of Demand.
In conclusion, option D is correct.
Find out more on the law of demand at brainly.com/question/1078785.
