Answer:
The answer is 6.95%
Explanation:
We are looking for Yield-to-maturity (YTM). YTM can also be called rate of return or discount rate.
Note: The 15 -year bond was bought 2 years ago, meaning it remains 13 years
N(Number of periods) = 26 years ( 13years x 2)
I/Y(Yield to maturity) = ?
PV(present value or market price) = $103
PMT( coupon payment) = $3.65( [(7.3percent ÷ 2)x $100)]
FV( Future value or par value) = $100
We are using a Financial calculator for this.
N= 26; PMT = 3.65; FV= $100; CPT PV= -103, CPT I/Y
I/Y = 3.47.
3.47% is for semiannual rate
Therefore, annual rate is 6.95% (3.47% x 2)
<span>Under Georgia Code, Title 40-9-1, a person who has an unsatisfied judgment against them will have their driver's license suspended indefinitely unless the financial obligations are paid and the judgment is satisfied by the court.</span>
Answer:
a. The actual unemployment rate was higher during the recession of 1990-1991, but cyclical unemployment was higher in 2001.
Explanation:
Unemployment is defined as the number of people in a population that are willing to work and seeking for jobs but do not have employment.
Natural unemployment is defined as the normal process of leaving jobs and getting jobs in a situation when there is full employment.
Cyclical unemployment is created by recessions and booms.
Actual unemployment = Natural rate + Cyclical rate
Cyclical unemployment= Actual rate - Natural rate
In the first economy
Cyclical rate = 7 - 5.9= 1.1%
In the second economy
Cyclical rate= 6 - 4.8= 1.2%
So actual unemployment was 7% in 1990-1991 while in 2001 it was 6%
Cyclical unemployment was 1.1% in 1990-1991, while cyclical unemployment was 1.2%
Can u put the multiple choice in the question?
Answer:
1) A 2) B 3) D 4) C
Explanation:
You see you take them and think what they could mean like "reliable" means to trust or confide yourself to that person/place/or/and thing.