Answer:
Yield to maturity is 1.51%
Explanation:
Zero Coupon rate does not offer any coupon payment and it is issued at deep discount value.
Face value = F = $100
Price = P = $98.50
Year to mature = n = 1 year
Yield to maturity = ( F - P ) / n ] / [ (F + P ) / 2 ]
Yield to maturity = ( $100 - $98.5 ) / 1 ] / [ ( $100 + $98.5 ) / 2 ]
Yield to maturity = $1.5 / 99.25
Yield to maturity = 0.0151
Yield to maturity = 1.51%
Answer:
The GDP of the island is 1,350 clam shells.
Explanation:
George and John produce fish, boars, and bananas in their two-person economy. Fish sell for 1 clamshell each, boars sell for 10 clamshells each, and bananas go for 5 clamshells per bunch.
In this economy, the GDP will be the value of final goods and services produced. Intermediate goods will not be included.
Digging bait for fishing and the purchase of banana trees will not be included in the GDP.
The GDP of the island in terms of clamshells will be
= 
= 300 + 50 + 1,000
= 1,350 clam shells
A market that consists of all possible consumers regardless of their specific needs or wants is a <u>"mass market".</u>
The term mass market refers to an overall public market which is comprising of purchasers having a place with different age groups, ways of life and preferences. On the off chance that an organization makes any product or item which is valuable to different purchasers across different areas then it is said to have a mass market request. Items or Products concentrating on a specific statistic frequently have an excessive number of limitations and are restricted by specific limits; such items makes ‘segment market.’
The answer property right. The property rights denote to the theoretic and legal proprietorship of precise property by personalities and the capability to define how such belongings is used. In many countries, together with the united states individuals usually exercise private property rights which is the rights of private persons to mount up, hold, delegate, rent or sell their property. In economics, property privileges form the basis for all market altercation and the distribution of property rights in a civilization affects the competence of reserve use.
Answer:
D. 3.6
Explanation:
The effective gross income multiplier (EGIM) is the ratio between the sale price (SP) and the effective growth income (EGI)
Sales Price (SP) = $950,000
Potential gross income (PI) = $250,000
Vacancy and collection losses (VC)= 15% = 0.15 * $250,000 = $37,500
Miscellaneous income (M) = $50,000.
The effective growth income is given by:
Thus, the effective gross income multiplier is:
