The government would like to reduce pollution from this amount by 12 tons and so implements a quantity constraint at the quantit
1 answer:
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Answer:
Explanation:
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Answer:
Option (B).
Explanation:
According to the scenario, computation of the given data are as follows:
Time period ( Nper) = 3 years
Coupon rate = 10%
So, Payment = $100
Present value = $975
Future value = $1,100
So, we can calculate the yield to call by using rate formula in excel.
The attachment is attached below:
Yield to call = 0.1398 or 13.98%
