Answer:
II-2.4000 Substantial limitation of a major life activity.
Explanation:
To constitute a "disability," a condition must substantially limit a major life activity. Major life activities include such activities as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning, and working.
Answer:
(a) The arbitrage strategy is to buy zeros with face values of $140 and $1,140 and respective maturities of one and two years, and simultaneously sell the coupon bond.
(b) The profit on the activity equals $0.72 on each bond.
Explanation:
The price of the coupon bond = 140 × PV(7.9%, 2) + 1000 × PV(7.9%, 2)
= 140 × (1-(1/1.079)^2)/0.079 + 1,000/1.079^2
= $1,108.93
If the coupons were withdrawn and sold as zeros individually, then the coupon payments could be sold separately on the basis of the zero maturity yield for maturities of one and two years.
[140/1.07] + [1,140/1.08^2] = $1,108.21.
The arbitrage strategy is to buy zeros with face values of $140 and $1,140 and respective maturities of one and two years, and simultaneously sell the coupon bond.
The profit on the activity equals $0.72 on each bond.
Answer:
The value of the initial deposit = $1269
Explanation:
Given - Account balance of 1723.57 the interest rate of the account is 3.4% compounded daily.
To find - If the account was opened 9 years ago, what was the value of the initial deposit
Proof -
We know that,
If the interest rate is compounded n times per year at an annual rate r, the present value of a A dollars payable t years from now is:
Here,
A = 1723.57
r = 3.4% = 0.034
n = 365 (because it is compounded daily )
t = 9
So,
we get
= 1723.57(1.000093151)⁻³²⁸⁵
= 1723.57(0.736396351)
= 1269.23066 ≈ $1269
∴ we get
The value of the initial deposit = $1269
Wall Oven or Water Outlet
