Answer:
8.8%
Explanation:
The fomula to calculate the yield to maturity is:
YTM= (C+((FV-PV)/t))/((FV+PV)/2)
C= Coupon
FV= Face value
PV= Present value
t= time to reach maturity
YTM= (100+((1,000-1,080)/10))/((1,000+1,080)/2)
YTM= (100+(-8))/1,040
YTM= 92/1,040
YTM= 0,088* 100= 8.8%
Their yield to maturity (YTM) is 8.8%
A) If you do not keep at least that much money in the account, you will be assessed fees
FinCEN regulations often impose AML compliance program requirements and SAR obligations on insurance companies. This focus would include all of the following products EXCEPT personal liability insurance.
<h3>Insurance Rules</h3>
The insurance regulations is known to apply only to insurance companies. The the insurance company is held accountable for the conduct and effectiveness of its AML compliance program.
The purposes of an AML compliance program, includes:
- A permanent life insurance policy.
- Any annuity contract,
- Any insurance product with features of cash value or investment etc.
Learn more about Insurance from
brainly.com/question/25855858
Answer: Option (B) is correct.
Explanation:
Capital contribution by David = $40,000
Interest of David in partnership =
Total capital of the partnership after the admission of new partner:
=
= $200,000
Total capital of partnership before decreasing of obsolete inventory:
= $140,000 + $40,000 + $40,000
= $220,000
Therefore, value of decrease in inventory:
= Total capital before decrease - Total capital after decrease
= $220,000 - $200,000
= $20,000
The reduction in value of inventory will be distributed in old partners in ratio of 3:1
Hence,
Capital balance of Allen after admission of David:
=
= $125,000
Capital balance of Daniel after admission of David:
=
= $35,000