Answer:
Enterprise value = $ 3,033
Explanation:
The enterprise value is full value of business. It includes total equity and debt. However cash and cash equivalent are not included in it. Detail calculations are given below.
Enterprise Value = Market value of equity/common stock + Total debt- Cash
MV of equity = 24.5 * 118 = $ 2,891
Total Debt = 688/2*3 = $ 1,032
Cash = ($ 890)
Enterprise value = $ 3,033
Answer:
The price of the bonds = $951.963
Explanation:
<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate </em>
Value of Bond = PV of interest + PV of RV
The PV of interest payment
A ×(1- (1+r)^(-n))/r
A- interest payment, r- interest rate, n- number of years
Interest payment = 100
PV = 100× (1- 1.12^(-3))/0.12= 240.183
PV of redemption value
PV = RV× (1+r)^(-n)
RV- Redemption value - 1,000, r- interest rate, number of years, number of years- 3
PV = 1000× 1.12^(-3) = 711.7802
The value of bond = 240.18 + 711.78= 951.963
The price of the bonds = $951.963
Because they are most likely a professional and have knowledge of the specific activity from either college or doing it Him/Herself what they're doing when it comes to the aspect in which they are teaching training etc.Therefore they charge extra from prior knowledge of the activity.
There is risk in owning a stock and many unknown variables.
In the case of bonds, you are guaranteed by the bond issuer that your principal and the agreed-upon interest will be paid at a defined time.
Hope this helps
Answer:
responsiveness
Explanation:
With respect to the key dimensions of service quality, promptly crediting returned merchandise and rapidly replacing defective products is an example of<u> responsiveness</u>