The competitiveness of a good usually depends on two key factors: its price, and its quality. While poor quality goods are less competitive from a quality perspective but poor quality goods are usually cheaper to produce resulting to a lower final price. So overall, the lower the cost and the higher the quality the more competitive a good is.
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:
some nations adopted central planning
Explanation:
Answer:
Lower Bound (Minimum Value) of Put Option = Max. of ( 0 , S * E-rt - C) (In Bold is PV of S)
where, C = Spot Price / Current Price , S = Exercise Price/ Strike Price, Rf= Risk free rate , t is tenure in pa, E is Exponential
= Max. of (0, 30 * E-rt - 35)
= max. of (0, 28.5 - 35) = Max of (0, -6.5)
Thus 0 is the Minimum Bound.
At below 0 say -0.1 (Impracticle Put Buyer will never receive OP)
At Above 0 say 0.1; Gain/ Loss = PV of 30 -35 - OP =28.85 -35 - 0.1 = -6.25 Loss i.e No Arbitrage Opportunity.
Explanation:
Answer:
<em>Translate the parent function, 2 units upward</em>
Step-by-step explanation:
Given

See attachment for the graph
Required
Determine the change in f(x) that gives the dashed line
Let the dash line be represented with g(x)
From the attachment, there is only one transformation from f(x) to the g(x).
When f(x) is translated 2 units vertically upwards
, it gives g(x); the dash line.
If
Then g(x) is:
