Answer:
The issued and outstanding shares are 100000 and 83,600.
Explanation:
number of shares issued = 100000
number of shares outstanding = 100000 - 18,000 + 1,600
= 83,600
Therefore, The issued and outstanding shares are 100000 and 83,600.
The answer will be CANOE. Hope this helps:)
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Decrease
Explanation:
Given that
Change in quantity demanded = 6%
change in price = 14%
Price elasticity of demand = (Percentage change in quantity demanded) ÷ (percentage change in price)
= 6% ÷ 14%
= 0.42
Price elasticity of demand is greater than 1 that which means demand is elastic. Therefore the increase in price, the revenue will decrease because demand is elastic.
Answer:
IF mrs Jones wants to make 14% on the bond this is her required return and what the ytm of the bond should be to make her want to buy the bond. Because the bond pays a coupon of 12% she will want to pay less than the face value of the bond, so that the overall return can be 14%. Whenever the coupon rate of the bond is less than the required return or ytm, the bond is sold at a discount. In order to find at what price should she buy the bond we will need a financial calculator and input the following
FV= 10,000
YTM= 3.5 ( We divide 14 by 4 to find the ytm because the bond has quarterly compounded payments)
PMT= 300 ( We find out the 12% of 10,000 and divide it by 4 because the bond has quarterly payments)
N= 48 (12 years into 4 because there will be a total of 48 quarters and 48 payments)
Put these values in a financial calculator and compute the PV
PV= 8,845
The present value of the bond is 8,845 if the required return is 14% which means she should be willing to pay $8,845 for the bond today.
Explanation: