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3 years ago

10

Suppose that the total revenue received by a company selling basketballs is $600 when the price is set at $30 per basketball and

$600 when the price is set at $20

1 answer:

NemiM [27]3 years ago

4 0

You would get 20 basketballs at $30 and 30 basketballs at $20.

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A publicly owned corporation is a company whose shares are held by the investing public, which may include other corporations as

Nuetrik [128]

Answer:

False

Explanation:

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3 years ago

What are goods or services state taxes provides

krok68 [10]

Social Security rights, Medicare, Medicade

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3 years ago

The portfolio management technique that uses a market index as a performance benchmark that the asset manager must exceed is cal

nadya68 [22]

The answer is Active asset management

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2 years ago

One year ago, Alpha Supply issued 15-year bonds at par. The bonds have a coupon rate of 6.5 percent, paid semiannually, and a fa

Masja [62]

Answer:

option (C) - 6.11%

Explanation:

Data provided :

Coupon rate one year ago = 6.5% = 0.065

Semiannual coupon rate = $\frac{0.065}{2}$ = 0.0325

Face value = $1,000

Present market yield = 7.2% = 0.072

Semiannual Present market yield, r = $\frac{0.072}{2}$ = 0.036

Now,

With semiannual coupon rate bond price one year ago, C

= 0.0325 × $1,000

= $32.5

Total period in 15 years = 15 year - 1 year = 14 year

or

n = 14 × 2 = 28 semiannual periods

Therefore,

The present value = $C\times[\frac{(1-(1+r)^{-n})}{r}]+FV(1+r)^{-n}$

= $\$32.5\times[\frac{(1-(1+0.036)^{-28})}{0.036}]+\$1,000\times(1+0.036)^{-28}$

or

= $32.5 × 17.4591 + $1,000 × 0.37147

= $567.42 + $371.47

= $938.89

Hence,

The percent change in bond price = $\frac{\textup{Final price - Initial price}}{\textup{Initial price}}\times100\%$

= $\frac{\textup{938.89-1,000}}{\textup{1,000}}$

= - 6.11%

therefore,

the correct answer is option (C) - 6.11%

4 0

4 years ago

What can a pure market economy also be called

bonufazy [111]

A pure market economy is also called capitalism. or pure capitalism.

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3 years ago