Answer:
Results are below.
Explanation:
Giving the following information:
Cupon rate= 0.0544/2= 0.0272
YTM= 0.0491/2= 0.02455
The par value is $1,000
<u>We weren't provided with the number of years of the bond. I imagine for 9 years.</u>
<u>To calculate the bond price, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 27.2*{[1 - (1.02455^-18)] /0.02455} + [1,000*(1.02455^18)]
Bond Price= 391.93 + 646.25
Bond Price= $1,038.18
Answer:
Data Quality management: AHIMA created this model for quality data management to support the need for true and accurate data. Patient care, patient outcomes, reimbursement, process...
Hope this helped :)
Explanation:
Answer:
You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of your balance will remain?
The percent balance will remain 90%
Explanation:
$1725.25 - $167.50= $1557.75
percentage left= 1557.75/1725.25 X 100
percentage left= 90.291= 90.30%
<span>Tax shield is the saving in tax due to exemption of tax on interest expense = interest expense * tax rate
= $35 million * 36% = $ 12.6 million</span>