Answer: 8.40%
Explanation:
Based on the information given, to solve the coupon rate goes thus using a financial calculator. This will be:
Par value = $1000
NPER = 16.5 × 2 = 33
Present value = $1065
Yield to maturity = 7.7%/2 = 3.85%
Coupon payment = $42.01
Coupon rate = Coupon payment / 1000
= 42.01 / 1000
= 0.04201
Annual coupon rate = Coupon rate × 2 = 4.20 × 2 = 8.40%
Therefore, the coupon rate on the bond will be 8.40%
Note that the NPER is the period for the investment. In this case, the NPER is 33 because it makes semiannual payment which means that we will multiply the years given by 2.
Answer:
This is a correct equation for Brand X tire demand.
Explanation:
We can be sure that this is an accurate equation for demand by cheking if the slope is negative as the demand decrease when the price increase
Q= 800 - 5P
dQ/dP = -5
the slope is negative the quantity decreases as price increases so this is a demand equation.
Answer:
Planning might help your day work better. When and if you have a job, you could plan when your getting there, and when you can have dinner.
Explanation:
hope it helps
Answer:
Explanation:
HR processes involved to activities:
Employee leasing and outsourcing → Recruitment
Organizing orientation programs → Training
Expanding certain departments ans closing down others → right sizing
Providing paid vacation time to employee → designing compensation package
