Answer:
Correct option is (C)
Explanation:
Given:
Face value of bond (FV) = $1,000
Coupon rate = 6.2% annual and 6.2 / 2 = 3.1% semi annual
Coupon payment (pmt) = 0.031 × 1,000 = $31
Maturity period (nper) = 8×2 = 16 periods
Rate = 8.3% annual or 8.3 / 2 = 4.15%
Present value of bond can be computed using spreadsheet function =PV(rate,nper,pmt,FV)
Present value of bond when yield is 8.3% is $878.99
If ytm increases to 8.6% annual or 8.6 / 2 = 4.3% semi annual, then present value of bond will be $863.22 (using spreadsheet function again)
It can be seen that as ytm increased from 8.3% to 8.6%, price of bond fell by $15.77 approximately (878.99 - 863.22)
8 weeks in a program . medical term. anatomy and physiology and the actual training . 100 blood drawls 25 on a maninquin arm and 75 on a person
Answer:
Cultural Racism
Explanation:
Cultural racism can be regarded as
neo-racismand can be explained as the cultural differentiation which could exist among ethnic groups as well as racial group .it is also regarded as postmodern racism.
Answer:
True
Explanation:
20 percent of small businesses fail within the first year
Answer:
Neither your self serving bias nor constructs nor ethnocentrism nor stereotypes. None of the stated