Answer:
discount yield=7.17%
bond equivalent yield=7.34%
effective annual yield =7.64%
Explanation:
Discount yield =discount /face value*360/t
where t is the number of days to maturity
discount =face value -issue price
discount=100-97.63
discount=2.37
discount yield =2.37/100*360/119
discount yield=7.17%
bond equivalent yield=(1+periodic yield)^360/t-1
periodic yield =discount/face value=2.37/100=2.37%
bond equivalent yield =(1+2.37%)^(360/119)-1
bond equivalent yield=7.34%
effective annual yield=(1+HPY)^365/t-1
Holding period yield (HPY)=discount/price=2.37/97.63
HPY=2.43%
effective annual yield=(1+2.43%)^(365/119)-1
effective annual yield =7.64%
Answer:
Credit union.
Explanation:
A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks to employees such as teachers, educators, nurses, etc.
Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.
In this scenario, a financial institution advertises itself as especially oriented towards educators and teachers. Thus, the category this institution would most likely fall under is a credit union because it's not run like businesses that is after making profit i.e it's a non-profit business established to assist employees with their finances.
Answer: A. To build brand value
Explanation:
By moving internationally, corporations have the ability to increase demand for their products, decrease the economic volatility from their home market, and develop new customers. In most cases foreign markets also allow companies to take advantage or larger margins and of less competition.
Answer:
copyright
Explanation:
Analyzing the information provided by the question, it is ideal for the artist to protect his original oil paintings from being sold as original prints by requesting a copyright.
This is a legally guaranteed way for artists, scientists and scholars to protect their intellectual property from fraudulent reproductions that do not grant them due copyrights.
Therefore, copyright motivates individuals to produce intellectual content relevant to society, with the certainty that the author's rights will be maintained, even after the death of the creator, copyright guarantees the security of rights after 50 to 100 years.
Answer:
(395) NA (395)NA 400 (395)(395) OA
Explanation:
Data provided in the question
Petty cash fund balance = $500
Remaining cash balance = $105
Vouchers for miscellaneous expenses = $400
Sp by considering the above information, the effect would be and the balance would be
= Petty cash fund balance - remaining cash balance
= $500 - $105
= $395
So the effect would be recorded as an operating activity for $395 plus it also records the miscellaneous expense for $400 and another financial statement is also affected
