Answer:
8.21%
Explanation:
The computation of the coupon rate is given below:
But before that PMT would be determined
Given that
NPER 25
RATE 7.28%
PV $1,105.63
FV $1,000
The formula is shown below:
=PMT(RATE,NPER,PV,FV,TYPE)
The present value comes in negative
After applying the above formula, the PMT is $82.09
Now the coupon rate is
= $82.09 ÷ $1,000
= 8.21%
Answer:
$60
Explanation:
The computation of interest revenue is shown below:
= Note receivable amount × rate of interest × given number of months ÷ (total number of months in a year)
= $1,000 × 12% × (6 months ÷ 12 months)
= $60
Basically we multiplied the note receivable amount with the interest rate and the given number of months so that the interest revenue could come
Answer:
0.6 or 60%
Explanation:
The country's productivity has grown at = 3% - 2% = 1%
Physical capital per worker has grown at = 4% - 2% = 2%
How much has growing physical capital per worker contributed to productivity growth in this country?
productivity increase per 1% of increase in physical capital per worker x growth rate of physical capital per worker = 0.3 x 2% = 0.6%
0.6% / country productivity growth = 0.6% / 1% = 0.6 or 60%
the real holding-period return for the year is -6.44<span>
HPR = (50-55+3)/55 => -3.64%
- must account for π of 3%
Fisher equation: (1-.0364) = (1+r)(1+.03)
r = -6.44%</span>
Answer:
Increase in total assets by $4,600
Explanation:
Faust sold goods that cost $6,600 for $11,200
Cost of goods sold A/c Dr. $4,600
To inventory $4,600
Account receivable A/c Dr. $11,200
To sales $11,200
(sale was made on account)
Net effect:
= $11,200 - $6,600
= $4,600
Therefore, there is an increase in total assets by $4,600.