Answer:
Bond Price = $1294.65063 rounded off to $1294.65
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. Assuming the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Coupon Payment (C) = 1000 * 0.08 = 80
Total periods (n) = 18
r or YTM = 0.054 or 5.4%
The formula to calculate the price of the bonds today is attached.
Bond Price = 80 * [( 1 - (1+0.054)^-18) / 0.054] + 1000 / (1+0.054)^18
Bond Price = $1294.65063 rounded off to $1294.65
Answer:
B buy U.S. Government securities from bank dealers with an agreement to sell them back at a later date
Explanation:
The Federal reserve uses open market operations to regulate liquidity in the economy. This eases or restricts how bank dealers can give credit.
To ease credit giving ability of bank dealers the Federal Reserve will buy US Government securities from bank dealers. This gives them extra money which they can give out as loans to their customers.
On the other hand when credit needs to be tightened, the Federal Reserve will mop up cash by selling Government securities to the bank dealers
Answer:
See below
Explanation:
Business refers to the practice of producing or purchasing goods and services for sale to make a profit. It is the act of engaging in commercial activities of buying and selling products and services for profits.
Business entails individuals and companies' activities of supplying desired products and services to customers with profit motives. A businessperson identifies a need in the community. He or she sells to the community goods or services that satisfy that need a higher price to make a profit.
Answer:
c. visit the company's website to learn more about the organization.
Explanation:
To prepare for an interview , the interviewee must visit the organization's website to know what it does, it's reputation, it's clients, their area of specialization.
Also, before going for an interview, the interviewee must ensure the following:
- Prepare oneself for the interview, learn and gather information about the organization.
- To dress up appropriately in a neat and tidy manner. Bold colors and gaudy outfits should be avoided.
- To be on time, preferably 5-10 minutes earlier than the interview scheduled time.
- Politeness and courtesy in responding to questions and also in respect to dealings with employer staff.
The present value of money, P, and the annuity can be related through the equation,
P = A x ((1 - (1 + r)⁻ⁿ) / r)
where A is the periodic payment, r is the interest rate, and n is the number of years. Substituting the known values to the equation,
P = (12,000) x ((1 - (1 + 0.08)⁻²⁰) / 0.08)
P = $117,817.77
<em>ANSWER: $117,817.77</em>
