Answer:
$25,400
Explanation:
Average for first 11 months = $20,600
Total amount for first 11 months = 11 x $20,600 = $226,600
Average for 12 months = $21,000
Total amount for 12 months = 12 x $21,,000 = $252,000
Amount received in December = $252,000 - $226,600 = $25,400
The organization received $25,400 in donations during December
Answer
Price of bond = 17.96825
Explanation:
Bond price = ∑(C / 
)+ P /
where
n = no. of years
C = Coupon payments
YTM = interest rate or required yield
P = Par Value of the bond
put values in above equation
price = (5.66%/2) × 2000 × (0.31746) + ( 2000 ÷ 4.595×
)
= 17.96825
Answer:
17.64%
Explanation:
Precision aviation has a profit margin of 7%
The total assets turnover is 1.4
The equity multiplier is 1.8
Therefore the ROE can be calculated as follows
= Total assets turnover × equity multiplier × profit margin
= 1.4 × 1.8 × 7
= 17.64%
Hence the ROE is 17.64%
Answer:
9.78%
Explanation:
The yield to maturity can be determined using the rate formula in excel as shown below:
=rate(nper,pmt,-pv,fv)
nper is number of times coupon interest would be paid,which is 12 years multiplied by 2(semi-annual interest payment) i.e 24
pmt is the semi-annual interest which is $1000*8%/2=$40
pv is the current price of the bond at $876.40
fv is the face value of the bond which is $1000
=rate(24,40,-876.40,1000)=4.89%
Semi-annual yield is 4.89%
Annual yield is 4.89%*2=9.78%
The yield to maturity on these bonds is approximately 9.78%
Answer: High up-front costs.
Explanation:
Webster's limitation to owning a chain of incorporated bakeries would be the high up-front cost or capital needed to start up the company.
The up-front costs as in the case of the question is the money needed to start up the bakery company.
