Answer:
The yield to maturity is 9.32%
Explanation:
In calculating the yield to maturity, I made use of rate formula in excel, which is given rate(nper,pmt,-pv,fv)
the nper is the duration of the bond, 15 years multiplied by 2 as the 2 reflects that coupon interest is paid twice a year.
pmt is the periodic coupon interest payable by the bond ,which 8%/2*$1000=$40
pv is the current price of the bond at $894.60
fv is the face value of $1000
rate(30,$40,-$894.60,1000)
rate=4.66% semi annually
rate=2*4.66%=9.32% per year
find attached.
Answer:
Average total cost is rising
Answer:
$21,000
Explanation:
Let the amount invested in Fund B be T
Given that amount she invested in Fund A was $6000 less than the amount she invested in Fund B, Amount invested in Fund A
= $(T - 6000)
If Fund A returned a 3% profit and Fund B returned a 8% profit and the total profit from the two funds together was $2130, then
3% × (T - 6000) + 8% × T = 2130
(3T - 18000)/100 + 8T/100 = 2130
11T - 18000 =213000
11T = 213000 + 18000
11T = 231000
T = 231000/11
T = $21,000
Answer:
Option A is correct.
Explanation:
The author of the book critizes the global for not contributing to the society. These companies are dumping their waste in areas where the government allows it to dump and pump pollutants into the environment.
Answer:
Explanation:
Professors Andrew McAfee and Erik Brynjolfsson of the MIT Sloan School of Management performed a study that proved that corporations that used data driven decision management had a higher productivity (+4%) and higher profits (+6%). This study was made by the two professors and the MIT Center for Digital Business.
They were very clear in specifying that the success of data driven management is based upon the quality of the data gathered and the effectiveness of its interpretation. Not all data gathered is useful for every corporation, so it must be properly analyzed and interpreted.