Answer:
Yield to Call: 12.68%
Explanation:
We will calculate the YTC
To do so we will list on exce lthe cash flow for the bond life:
0 -1000.0 (purchased at face value)
1 120.00 (coupon payment: 1,000 x 12%)
2 120.00
3 120.00
4 120.00
5 120.00
6 120.00
7 1190.00 (1,70 call price + 120 coupon payment)
below the cash flow we enter the IRR function and select the cash flow
this will give us the YTC: 0.126795
There is another way to calcualte the YTC but is done by approximation and is not an exact answer:
Coupon value = 120
Face value = 1,000
P = call = 1,070
n= 7 years
Result: 12.5603865%
as notice this differs with the excel answer as it is an aproximation nto an exact answer.
The given scenario is an example of vaporware.
<h3>What is Vaporware?</h3>
This refers to the advertisement of software that is not yet available for purchase.
Hence, we can see that based on the decisions taken by the software company to release their product or to release the first version before releasing the others is an example of vaporware.
Read more about vaporware here:
brainly.com/question/13078205
#SPJ1
Depends on brand. can vary from a few hundred to more.
Answer:
Safety
Explanation:
Lemon Laws were made to protect customers from defective vehicles with safety problems, or malfunction defects that affect its safety, use or value. Depending on the number of issues detected, the car reveals itself to be a "lemon". Generally, most states provide 3 attempts to solve the problem within a given period. In this case, 30 days.
Since the problem found was on the drivetrain and the axles, then it is a matter of safety after all.
