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Vera_Pavlovna [14]
4 years ago
3

You are purchasing a 15-year, zero–coupon bond. The yield to maturity is 6.85 percent and the face value is $1,000. What is the

current market price? Assume semiannual compounding.
Business
1 answer:
ruslelena [56]4 years ago
5 0
Sorry wish I could help
You might be interested in
A real estate salesperson is often approached by home buyers of a particular race. His usual practice is to show them homes in n
guapka [62]

Answer: Racial steering

Explanation: Racial steering refers to the practice in which real estate brokers guide prospective home buyers towards or away from certain neighborhoods based on their race .Another example of racist practices is racial steering, in which real estate agents direct prospective homeowners toward or away from certain neighbourhoods based on their race.Steering can take several forms. Information steering occurs when minority homeseekers are shown or given information on fewer homes or neighborhoods than non minority homeseekers. Segregation steering occurs when minorities are shown homes in areas with larger minority populations than areas shown to non minorities. And class steering occurs when neighborhoods shown to minority homeseekers are of lower socioeconomic status than those shown to non minorities. Several actors in the housing industry engage in steering. Mortgage lenders and insurance agents often provide less information and offer fewer, more expensive, and lower quality products to non white households or residents of non white communities than they do for whites and predominantly white communities.

4 0
3 years ago
Suppose the current market price of corn is $3.75 per bushel. Your firm has a technology that can convert 1 bushel of corn to 3
ipn [44]

Answer:

$1.78 per gallon of ethanol

Explanation:

The market price in which the conversion of ethanol becomes attractive is:

($3.75 + $1.60 / bushel of corn) / (3 gallons of ethanol / bushel of corn)

= $1.78 per gallon of ethanol.

7 0
3 years ago
Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can
lisov135 [29]

Answer:

1.Georgeland has an absolute but not a comparative advantage in producing clothing.

Explanation:

Georgeland has an absolute advantange, because with the factors of production that it has available (the question does not specify the amount), it can produce either more food, or more clothing than Alland.

But Georgeland does not have comparative advantage in producing clothing, because the cost of opportunity of doing so is higher than Alland's, as can be seen in this comparison:

If Alland produces 16 units of clothing, it gives up on 32 units of food.

If Georgeland produces 18 units of clothing, it gives up on 36 units of food.

5 0
3 years ago
Advances in technology are constantly changing how people work and conduct business. true or false
Evgen [1.6K]
TRUE. Advances in technology are constantly changing how people work and conduct business.

With the advancement of technology, people are adjusting to maximize the benefits they get from said advances. 

For example, before the creation of cellular phones, the means of communication were through mailed letters and telegraphs, then it evolved to land lines, beepers, cellular phones, and finally, the internet (skype, ym, im,etc.)
8 0
4 years ago
Read 2 more answers
Both Wisconsin and Illinois border Lake Michigan. The lake is becoming polluted and both states are deciding whether or not to c
ZanzabumX [31]

Answer:

B. Wisconsin gains 200, Illinois gains 300

Explanation:

Assuming that one state cleaning the lake does not interfere with the costs and social benefits of the other state (events are independent), Wisconsin will incur 1,200 in costs and receive 1,100 in benefits from its own cleaning and 300 from Illinois' cleaning. Illinois will incur costs of 900 and receive 600 in benefits from its own cleaning and 400 from Wisconsin's cleaning.

The payoff for each state is:

W = -1,200+1,100+300\\W=200\\I=-700+600+400\\I=300

Therefore, Wisconsin gains 200, Illinois gains 300.

3 0
3 years ago
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