Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
9.25 years
Explanation:
Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond. Price of the bond is calculated by following formula:
According to given data
Assuming the Face value of the bond is $1,000
Coupon payment = C = $1,000 x 6.3 = $63 annually = $31.5 semiannually
Current Yield = r = 8.49% / 2 = 4.245% semiannually
Market value = $767.50
Market Value of the Bond = $31.5 x [ ( 1 - ( 1 + 4.425% )^-n ) / 4.425% ] + [ $1,000 / ( 1 + 4.425% )^n ]
Market Value of the Bond = $31.5 x [ ( 1 - ( 1 + 4.425% )^-n ) / 4.425% ] + [ $1,000 / ( 1 + 4.425% )^n ]
n = 18.53 / 2
n = 9.25 years
Answer:
The correct answer is letter "C": will remain the same.
Explanation:
A partnership is an organization with two or more members running a business. They share the profits in percentage terms in proportion to their partnership value. The partnership dissolves and a new partnership is created when one of the partners is removed, retired or deceased or even when a new partner is introduced. The remaining partners' capital will be the same, for accounting purposes.
Answer: misconception
Explanation:
A misconception is simply a misunderstanding, a mistaken thought or idea. Misconception is an opinion or a view by s person which is incorrect based on the faulty thinking of the person.
For example, Jane will finish high school the following year and therefore, won't need to further her education. This is an example of misconception.
Answer:
The impact of immigrants to a country where they setup their own business can;
Wage-setting curve
Wages of employees can increase, As demand of labor increases
Price-setting curve
As the wages will increase so firm's Cost of production increases. Less profitable for the company.
Labor market equilibrium.
Quantity of Labor will be decreased and Wages will increase.
Hope the answer helps :)
