Answer:
By January 1, 2006 the price of the bonds=$50.675 M
Explanation:
The price of a bond at any given time can be expressed as;
Current price=(Annual coupon×((1-(1/(1+r)^i)/r)+ (face value/(1+r)^i)
where;
i-maturity period, from 2005-2006=1 year
r-nominal yield to maturity rate=8%
coupon rate=10%
face value=$50 M
Annual coupon=(10/100)×50 M=5 M
replacing;
Current price=Annual coupon×((1-(1/(1+r)^i)/r + face value/(1+r)^i
(5 M×((1-(1/(1+0.08)^1)/0.08)+50/(1+0.08)^1
(5 M×(1-0.93)/0.08)+46.3
(5×0.875)+46.3=4.375+46.3=50.675 M
By January 1, 2006 the price of the bonds=$50.675 M
Answer:
The amount paid to the issuer is $2,971,080.
Explanation:
The total number of shares is 135,000.
Though only 122,400 shares are sold to the public.
The initial selling price is $24.
The spread percentage is given at 8.3%.
The amount paid to the issuer will be
=Total number of shares*Initial selling price (1-spread)
=135,000*24*(1-0.083)
=135,000*24*0.917
=2,971,080
So, the amount paid to the issuer is $2,971,080.
Answer:
C) Jean's department has developed a subculture
Explanation:
Based on the information provided within the question it can be said that Jean's department has developed a subculture. This refers to a culture within a larger culture. Which seems to be the case since the company itself focuses solely on low risk taking and high attention to detail. While Jean's department focuses mainly on high team orientation including working together and socializing through various activities.
Answer:
The correct answer is A
Explanation:
Demographics information is the term which is described as the statistical data regarding the characteristics of the population like income, age and gender.
When the data assembles regarding the ages of the people and the genders, it would be an example of the information to be assembled regarding demographics.
Therefore, when the company want to target the customers of the consumer population to the market, the kind of the segmentation will help the company is the demographic information.
Answer:
A. $10,500
Explanation:
FV of IDNA:
Book value $ 15,000
Revalued plant assets ($25,000)
license agreements
$30,000
Intangible assets $50,000
$ 70,000
Non-controlling interest valued at the date of acquisition, following the alternative method allowed by IFRS = 15% * 70,000 = $10,500.
