The congressional oversight means that the Congress, that is the legislative branch of the government has the right to check on the work of the executive branch, mostly the president. It is actually not implemented very often, ans is considered a last resort method, for example when the president is impeached (the last impeachment was of Bill Clinton)
About 1,000
Thousands of housholds will have 401(k)s
Answer:
First Offer
Present value = $60,000
Second Offer
PV = Down payment + A<u>(1 -(1 + r/m)</u>-nm
r/m
PV = $10,000 + $6,000(<u>1- (1+ 0.06/2</u>))-5x2
0.06/2
PV = $10,000 + $6,000(<u>1 - (1 + 0.03</u>))-10
0.03
PV = $10,000 + 6,000<u>(1 - (1.03)</u>)-10
0.03
PV = $10,000 + 6,000(8.5302)
PV = $61,181
The difference between the two present values
= $61,181 - $60,000
= $1,181
Explanation:
The present value of the cash payment is $60,000. The present value of the second offer is the down payment plus the present value of semi-annual payments. We need to use the present value of annuity formula so as to determine the present value of semi-annual payments. Then. we will deduct the present value of the first offer from the present value of the second offer in order to obtain difference in present values.
Answer: The coupon rate on the bonds is 7.50%.
The current price of a bond is nothing but the discounted value of the coupon payments and the face value at the yield or YTM.
Hence, mathematically the bond's price is given by the formula:
where,
CMP = Current Market Price of the bond
C = Coupon in dollars
r = YTM
n = number of years to maturity
FV = Face Value
Substituting the values in the equation above we get,
Solving further we get,
\mathbf{C = 75.02042315}
Since the dollar value of coupons is $75.02042315, we can calculate the coupon rate on the bonds as:
Answer:
Negatively, positively
Explanation:
A stock put option is a stock/market instrument that allows a stock to be sold, at a certain price and at any time to another buyer.
A strike price is the price that a stock seller decides to sell his stocks after receiving offers.
For the above question, the Stock put option is negative related to the stock price and positively related to the strike price.
This can be translated to simply mean that the price of a stock is not subject to or affected by the stock price but rather by the price that the seller chooses to sell.
Cheers.