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GaryK [48]
1 year ago
5

price index was 128 in year 1, and the inflation rate was 24 percent between year 1 and year 2. the price index in year 2 was a.

158.7. b. 152.0. c. 103.2. d. 104.0.
Business
1 answer:
Gennadij [26K]1 year ago
5 0

The price index in year 2 is 158.7 (option a).

<h3>What is the price index?</h3>

Price index is used to measure how price change over a period of time. Price index is used to measure inflation. An example of a price index is the consumer price index. The consumer price index measures changes in the price of a basket of goods.

Price index in year 2 = ( 1 + inflation rate) x price index in year 1

(1.24) x 128 = 158.7

To learn more about price index, please check: brainly.com/question/26382640

#SPJ1

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Sales of blank______ began to increase in the early 1970s as many cigarette smokers apparently began to look for alternatives th
antiseptic1488 [7]

(.) Smokeless tobacco products.

<h3>How smoking cigarettes can cause lung cancer?</h3>

According to research, smoking results in cell alterations that lead to lung cancer. Numerous of the hundreds of compounds found in cigarette smoke are carcinogenic. Despite the fact that the human body can frequently detoxify and eliminate carcinogens, when it is unable to do so, residual carcinogens can cause the body's cells to mutate, occasionally resulting in the development of malignant cells. Healthy cells are able to recognize when to stop dividing because the normal cell healing process requires cells to divide continuously until all harm has been fixed. On the other hand, cells that have undergone malignant mutations lose the ability to know when to stop and will continue to divide and expand.

Not every cell mutation results in cancer. But the more smoke a person inhales, the more mutations they'll experience, and the more likely it is that one of those mutations will be malignant. As a result, the chance of developing cancer increases with the length and frequency of a person's smoking. Notably, despite the fact that carcinogens frequently harm lung cells, they can also enter the bloodstream and spread throughout the body, resulting in a variety of cancers.

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4 0
1 year ago
McConnell Corporation has bonds on the market with 14.5 years to maturity, a YTM of 5.3 percent, a par value of $1,000, and a cu
creativ13 [48]

Answer:

5.75%

Explanation:

First, find the coupon payment amount . Using a financial calculator, key in the following inputs for this the bond valuation.

<em>Note: Make adjustment on the rate and time since the coupon payments are made semi-annually i.e 2 times a year</em>.

Maturity of the bond ; N = 14.5*2 = 29

Semi-annual rate ; I/Y = (5.3%/2) = 2.65%

Face value ; FV = 1000

Price of the bond or PV = -1045

then compute semiannual coupon payment ;  CPT PMT = $28.743

Annual coupon rate is therefore = $28.743*2 = $57.486

Coupon rate = coupon payment / face value

Coupon rate = $57.486 / 1000

= 0.05749 or 5.75%

8 0
3 years ago
A 16-year, $1,000 par value zero-coupon rate bond is to be issued to yield 6 percent.
Solnce55 [7]

Answer:

a) $393.65

b) $458.11

c) $217.63

Explanation:

Given data:

16-year  ( n )

$1000 par value  ( FV )

6% ( R )

A) determine the initial price of the bond

 = FV / ( 1 + R ) ^ n

= 1000 / ( 1.06 ) ^ 16

= 1000 / 2.5403 = $393.65

B ) when interest rate drops to 5% determine the value of the zero-coupon rate of bond

 = FV / ( 1 + R ) ^n

 = 1000 / ( 1.05 ) ^ 16

 = 1000 / 2.1829  = $458.11

C ) when interest rate increases to 10% determine the value of the zero-coupon rate of bond

=  Fv / ( 1 + R ) ^ n

=  1000 / ( 1.1 ) ^ 16

= 1000 / 4.5950 = $217.63

7 0
2 years ago
What is the biggest advantage of having a checking account
madreJ [45]
You have access to online and Mobile banking ATM’s and the use of debit card.
7 0
3 years ago
ABC Inc. recently purchased an equipment. The price negotiated with the seller was $20,000. Aqua also paid sales tax of $2,000 o
MaRussiya [10]

Answer: $22500

Explanation:

The following information can be gotten from the question:

Price of equipment = $20,000

Sale tax = $2000

Maintenance cost = $2200

Shipping cost = $500

The amount that the equipment should be recorded on the balance sheet prior to recording depreciation expense will be calculated as:

Price = $20000

Add: Sales Tax = $2000

Add: Shipping & Preparation = $500

Price of the equipment before depriciation will then be:

= $20000 + $2000 + $500

= $22500

5 0
3 years ago
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