Answer:
Explanation:
The market value of debt is the present value of all future cash flows in servicing the debt.
we need to identify the present value of the future cash flows as follows
Year no of receipts Cash flow Discount factor present value
1-7 7 70 5.1185 358.296
7 1 1000 0.5649 564.926
Present Value 923.222
Annuity= P=R(1+(1+i )^-n) /i
Annuity= P=70(1+(1+8.5%)^-7/8.5% = 5.1185
Compound = S=P(1+i)
Compound =P=1000/(1+8.5%)^7 = 0.5649
the value of the bond is = 923.222
It means to say that the demand of the product is decreasing. The relationship between the price and demand is one way. It means to say that if the price increases, the demand is higher. In this scenario, the price increases to avoid shortage on the product. If the price is decreasing, it means to say that the demand is decreasing and can possibly cause surplus on the said product. Lowering the price allows consumers to have higher purchasing power and enticing them to purchase such product.
Answer:
$1,566
Explanation:
The computation of the amount that should be appear after the Dec 31 adjustment is shown below:
But before that monthly amount paid would be determined
= $2,088 ÷ 36 months
= $58
Now the remaining months is
= 36 months - 9 months
= 27 months
So, the amount that could appear is
= $58 × 27 months
= $1,566
hence, the amount should be $1,566
1.00000 CNY = 0.14418 USD
20 CNY == 2.88 USD
Nowadays, the name "Yuan" typically refers to the main unit of the People's Republic of China's currency, the renminbi (RMB). [Banknotes in RMB range in value from one Yuan to one hundred Yuan. Particularly in international contexts, it is also used as a synonym for that money; the ISO 4217 standard code for the renminbi is CNY, which stands for "Chinese yuan." (Using sterling to refer to British currency and the pound as the unit of account is a similar situation.)
Yuán literally means a "round thing" or "round coin" in Standard (Mandarin) Chinese. A silver round coin known as the yuan was used throughout the Qing Dynasty.
To learn more about Chinese yuan from the given link.
brainly.com/question/14350438
#SPJ4
Answer:
A) $222,764
Explanation:
We first devise a formula for total operating costs
Operating costs = Fixed element + 2618x + 5y where,
x = flights and y = passengers
So using the formula gives us,
Operating costs = 56560 + 2618 (63) + 5(254)
= $222,764
We use the budgeted figures as we are calculating for the budget. For actual costs we can simply substitute actual figures in our formula above.
Hope that helps.