Answer:
False
Explanation:
To determine the six month interest payment on a bond, you must multiply the face value of the bond times half the annual contract rate of the bond. The contract rate of the bond is the interest rate used to calculate the bond's coupon.
The market rate of the bond may or may not be equal to the contract rate. If the bond was sold at a premium, the market rate is lower than the contract rate. If the bond is sold at a discount, the market rate will be higher than the contract rate.
That should be false because it says never and the person is student
<span>This is an example of adapting to a new environment. It is an improved function that is produced by natural selection. They reproduce more often in a new environment because they have the necessary food or climate or both to be able to sustain population growth.</span>
Answer: $112.08
Explanation:
Given that,
Life insurance policy = $240,000
Cost = $210
Amount to be paid by company to old lady if she survives (A):
= $240,000 - $210
= $239,790
Probability that she survives (P1) = 0.999592
Probability that she doesn't survives (P2) = 1 - 0.999592
= 0.000408
Expected value of this policy for the insurance company:
= (P1 × cost of policy) - (P2 × A)
= 0.999592 × $210 - 0.000408 × $239,790
= $209.91432 - $97.83432
= $112.08
Answer:
$1.5 per pound
Explanation:
The computation of the material price variance is shown below:
Material price variance = Actual Quantity × Actual Price - Actual Quantity × Standard Price
$5,000 = 10,000 pounds × $2 - 10,000 pounds × Standard price
$5,000 = $20,000 - 10,000 pounds × Standard price
So, the standard price would be
= $15,000 ÷ 10,000 pounds
= $1.5 per pound