Answer:
The current price of the bond is $913.91 as computed below
Explanation:
In order to determine the current bond price,the pv formula in excel comes handy.
The pv formula is stated as below:
=pv(rate,nper,pmt,fv)
rate is the yield to maturity on the bond which is 10.40% in this case
nper is the period to maturity of the bond which is 6 years
pmt is the annual coupon payment payable by the bond which is denoted as coupon rate* face value of the bond i.e 8.40%*$1000=$84
fv is the face value of the bond which repayable at maturity
=-pv(10.40%,6,84,1000)
=$913.91
Answer:
product design
Explanation:
Based on the information provided within the question it seems that this process is called a product design. This process is the creation of an idea that leads to a brand new product, and is created from a set of specifications provided by the designer on a blueprint. Such as what the two company's must make if they accept the offer.
Answer:
performance data
Explanation:
It seems that the question is structured a little off, but based on the information that is provided the answer that would go in the blank area would be performance data. As mentioned in the question performance data provides all the information regarding a single transaction, including the date and type of contact that inquired about the product in question. Which is what is being described in the question as well as answers a) and b) which i believe is part of the initial question and not answer choices.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Sales (6,200 units) $136,400
Variable expenses 80,600
<u>The total contribution margin is the difference between the sales revenue and the total variable costs. First, we need to determine the unitary selling price and unitary variable costs:</u>
Selling price= 136,400/6,200= $22
Unitary variable cost= 80,600/6,200= $13
Now, we can calculate the total contribution margin at 5,800 units:
Total contribution margin= 5,800*22 - 5,800*13= $52,200
