i would say false because it would get boring after a while
Answer:Ben Bates graduated from college six years ago with a finance undergraduate degree. Although he is satisfied with his current job, his goal is to become an investment banker. He feels that an MBA degree would allow him to achieve his goal
Explanation:Hope you understand but this is not the whole thing if you want me to tell you the full answer follow and like and give 5 star rating please.
Answer:
yield to maturity = 7.06%
Explanation:
yield to maturity (YTM) is calculated using the following formula:
YTM = {C + [(FV - PV) / n]} / [(FV + PV) / 2]
- FV = $2,000
- PV = $1,902.14
- C = $2,000 x 6.48% x 1/2 = $64.80
- n = 12 x 2 = 24
YTM = {64.80 + [(2,000 - 1,902.14) / 24]} / [(2,000 + 1,902.14) / 2] = (64.80 + 4.0775) / 1,951.07 = 0.0353 or 3.53% semianually or 7.06% annually
Since the bond sells at a discount, its yield to maturity will be higher than the coupon rate.
The average of anything means you add all the values and divide by the number of values. In this case you would add all the month's utility bills and divide by the number of bills included. However, in this instance, I would exclude April since this in an anomaly and she will not get a free month's cable every month. SO add the other other months together and divide by 5.
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