Answer:
The correct answer is (D)
Explanation:
Amount of bond = $500
Rate of coupon = 6%
To find the yearly interest payment
=500* 6/100
=$30
Interest will receive by Ryan in a year is given by
Semi-annually interest payment is
=30* 6/100
=$15
So the correct answer is (D)
Answer:
Attached is the solution:
Answer:
The correct answer is $10,160.38
Explanation:
According to the scenario, the given data are as follows:
Future value = $12,350
Number of years (n) = 4 years
Discount rate (r) = 5%
Hence, Present value can be calculated by following formula:
Future value = Present value 
$12,350 = Present value 
Present value = 
Present value = $10,160.38
Hence, the correct answer is $10.160.38
To became a financial planner that sell fixed-income investment, Jenny requires a CFP certificate.
In order to get it, Jenny has to pass the CFP certification exam that's administered by the CFP board, as a sign that Jenny has fulfilled the standard.
The Banking Act of <u>1935</u> removed the Secretary of the Treasury and the Comptroller of the Currency from the governing board of the Federal Reserve.
<h3>What effect did the Banking Act of 1935 have?</h3>
The Banking Act of 1935 mandated additional changes to the Federal structure, including the establishment of the Federal Open Market Committee (FOMC) as a separate legal entity, the removal of the Treasury Secretary and the Comptroller of the Currency from the Fed's governing board, and the extension of members' terms to 14 years.
Check out the link below to know more about the Banking Act of 1935;
brainly.com/question/20348698
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