Answer:
The current price of the bond is $1,114.47
Explanation:
The computation of the current bond price is as follows:
Here we have to applied the present value formula by putting the following information
Given that
Par value = Future value = $1,000
NPER = (10 - 1) × 2 = 18
RATE = 6.5% ÷ 2 = 3.25%
PMT = $1,000 × 8.2% ÷ 2 = 41
The formula is given below:
= -PV(RATE;NPER;PMT;FV;TYPE)
After applying the above formula, the current price of the bond is $1,114.47
Answer:
Tbh if I could stop the time
I would do anything to get the time back to normal since it will probably be boring doing it yourself with no help if you know what I mean :)
Explanation:
Hoped this helped :)
With regards to a firms product line, a cost leadership strategy would strive for Focused section of the market while a differentiation strategy would strive for broad cross section of the market.
<h3>
What is Expansion Strategy?</h3>
An expansion strategy can also de defined as a growth strategy. The major concern of business firms is to achieve faster growth, compete, achieve higher profits, grow a brand, capitalize on economies of scale, have greater impact, or occupy a larger market share.
There are basically two types of expansion strategies, they include
- Cost leadership
- Differentiation Strategy.
Learn more about Expansion Strategy at
#SPH1