Answer:
10,600
Explanation:
total:The equivalent units of conversion for April total = April units completed + 40% of conversion costs that are added evenly to units remaining in production = 9,000 + (4,000 × 40%) = 10,600 Equivalent units of conversion
Answer:
Bond Price= 816.29
Explanation:
Giving the following information:
YTM= 0.075
Coupon= 0.058*1,000= 58
Years to maturity= 23 years
Face value= 1,000
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 58*{[1 - (1.075^-23)] / 0.075} + [1,000/(1.075^23)]
Bond Price= 626.79 + 189.5
Bond Price= 816.29
Answer:
a. The probability of default is zero.
Explanation:
A bond is a fixed income security that investors can buy. It can either be a zero-coupon bond which does not pay fixed coupons or a coupon-paying bond which pays coupons . When a bond is held to maturity by the bondholder, YTM(Yield to Maturity) will be the rate of return on an assumption that the probability of defaulting in payments is zero
Analytical and critical listening.
Analytical listening involves the meaning and interpretation of the topic, whereas critical listening focuses on understanding the technical aspects of the lectures and talks.