Answer:
The annual YTM will be = 6.133735546% rounded off to 6.13%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
C is the coupon payment
F is the Face value of the bond
P is the current value of the bond
n is the number of years to maturity
Coupon payment = 1000 * 0.06 * 6/12 = 30
Number of periods remaining till maturity = 11 * 2 = 22
semi annual YTM = [ (30 + (1000 - 989 / 22)) / (1000 + 989 / 2)
semi annual YTM = 0.03066867773 or 3.066867773% rounded off to 3.07%
The annual YTM will be = 3.066867773% * 2 = 6.133735546% rounded off to 6.13%
Answer:
Option "B" is the correct answer to the following statement.
$15
Explanation:
Marginal revenue is the extra revenue produced from increasing sales of a single unit of the commodity. Marginal benefit is the income received by a business or entity when the creation and distribution of one extra or marginal product.
Marginal Benefit = New revenue - Old revenue
= ($40) - ($25)
=$15
So,the Marginal Benefit for Lionel's Lawn Care is $15 .
Answer:
The answer would be D
Explanation:
A partnership in a business is similar to a personal partnership. Both business and personal partnerships involve:
- Pooling money toward a common purpose
- Sharing individual skills and resources, and
- Sharing in the ups and downs of profit and loss.
A business partnership is a specific kind of legal relationship formed by the agreement between two or more individuals to carry on a business as co-owners. The partners in a business partnership invest in the business, and each investor/partner has a share in the profits and losses.
The partnership as a business must register with all states where it does business. Each state his several different kinds of partnerships that you can form, so it's important to know the possibilities (explained below) before you register.
Some partnerships include individuals who work in the business, while other partnerships may include partners who have limited participation and also limited liability for the debts and lawsuits against the business.
Answer:
Legal and ethical
Explanation:
Considering the scenario described above it is revealed that the borrower has the choice of choosing how he would prefer or have to structure his oan, while the originator or mortgage broker follows by the borrower's judgment or decision.
Hence, in this case, it can be concluded that such a scenario is considered LEGAL and ETHICAL use of what is now referred to as borrower credit.
It should be noted that this is an argument against Yield spread premium, whereby borrowers are assumed to be ignorant that YSP is being charged.
Answer:
The total product cost per unit under absorption costing is $15.38 per unit
Explanation:
Absorption costing : Under absorption costing, all costs which is assigned in the production is recorded in this costing method. It includes direct labor cost, direct material cost, variable overhead cost, fixed overhead cost, etc.
The computation of total product cost per unit is shown below:
= Direct material per unit + direct labor per unit + variable overhead per unit + fixed overhead per unit
where,
Direct material and direct labor per unit is given but variable overhead per unit and fixed overhead per unit is not given so first we have to calculate these two cost per unit. The calculation is shown below:
Variable overhead per unit = Total variable overhead cost ÷ expected units to be produced
= $41,400 ÷ 18,000
= $2.3 per unit
Now for Fixed overhead per unit = Total fixed overhead cost ÷ expected units to be produced
= $150,000 ÷ 18,000
=$8.33 per unit
So, total product cost per unit = Direct material per unit + direct labor per unit + variable overhead per unit + fixed overhead per unit
= $1.25 + $3.5 + $2.3 + $8.33
= $15.38 per unit
Hence, the total product cost per unit under absorption costing is $15.38 per unit