No entiendo nada por que no hablo inglés salu2
Answer:
$13,000
Explanation:
<em>Rune Co.'s</em>
<em>As of December 31</em>
Balance as per Bank Statement $10,000
(+) Bank credits and collections $4,000
(-) Bank errors overstate book balance $1,000
Correct Cash Balance $13,000
Answer:
a. 1.40%
b. 8.25%
Explanation:
a. Calculation to determine the inflation premium
Using this formula
Expected IP = i - RIR
Let plug in the formula
Expected IP = 2.15% - 0.75%
Expected IP= 1.40%
Therefore the inflation premium is 1.40%
b. Calculation to determine the fair interest rate on Moore Corporation 30-year bond
Using this formula
Fair interest rate=Default risk premium +Liquidity risk premium+Maturity risk premium +T-bills are currently earning
Let Plug in the formula
Fair interest rate=2.05%+ 1.40%+ 2.65% + 2.15%
Fair interest rate= 8.25%
Therefore the fair interest rate on Moore Corporation 30-year bond is 8.25%
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