Answer:
Stated yield is 11.04%
expected yield is 5.78%
Explanation:
The expected yield to maturity can be computed using the rate formula in excel which is given below:
=rate(nper,pmt,-pv,fv)
nper is the number of coupon interest the bond would pay which is 13
pmt is the amount of coupon interest the bond pays which is $1000*10%=$100
pv is the current price of the bond which is $930
fv is the face value of $1000
=rate(13,100,-930,1000)=11.04%
However the expected yield has the coupon interest reduced to one -half as calculated below:
=rate(13,100*0.5,-930,1000)=5.78%
Answer:
has a comparative advantage in producing good 1
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries. Country abc has a comparative advantage because it sacrifices fewer quantities of good 2.
Country abc should specialise in production of good 1, while country xyz should import from country abc.
A country has an absolute advantage in the production of a good or service If it produces more quantity of the good compared with other countries.
I hope my answer helps you
Answer:Price elasticity of demand = -0.05
Explanation:
Price elasticity of demand using the midpoint method= 
where Q =Quantity demanded
P = Price
Price elasticity of demand = (
= 
0.025/ -0.05 = -0.05
Price elasticity of demand = -0.05
The Price elasticity of demand tells us how much quantity demanded changes in response to a change in price. Here the Demand for a good is inelastic because the PED coefficient is less than one -0.05
Answer:
The correct response will be "Credit sales revenue".
Explanation:
- Net credit sales would be costs that come by someone with an individual or attribute which enables on account receivables, minus the cost gross sales as well as sales pension contributions.
- Net loan transactions don't include any transactions about which money changes hands in cashback rewards.
So that the above would be the correct approach.
