"Respectfully" is the most appropriate closing. The other choices have a feeling of camaraderie to them that should be avoided in business correspondences.
Answer:
YTM is 6.90%
Explanation:
The yield to maturity on the bond can be computed using the rate formula in excel.
=rate(nper,pmt,-pv,fv)
nper is the time to maturity of 20 years multiplied by 2 since the bond is paying interest on semi-annual basis
pmt is the semi-annual interest receivable by investor which 6.8%/2*$1000=$34
pv is the current market price of $989.45
fv is the face value of $1000
=rate(40,34,-989.45,1000)
rate=3.45%
The 3,45% is the semi-annual YTM, whereas the annual YTM 3.45%
*2=6.90%
There are many factors to consider in this case. Factors to include: limit of credit card, how much money is needing to be put on it, will you have it all paid off by month 6? All of these will help determine which card to get, if the money will not be paid off by the time interest starts accuring, it is better to get the credit card with a smaller interest amount because you will pay less in interest in the long run.
Answer:
Explanation:
The first step will be calculate the alue of eachcash saving
mulitply by (1- 0.03) which is the rate at which the flow decrease.
Then we calculate the present value of each cashflow
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Then we add all the cash saving and compare with the machien cost to calcuale the net present value of the machine
Answer:
D)grossly inadequate.
Explanation:
From the question we are informed about American Engineering, Inc., defends against a breach-of-contract suit by Beta Corporation by claiming that the consideration for their contract was inadequate. In this case A court will not normally evaluate the adequacy of consideration unless it is
grossly inadequate. Grossly inadequate consideration is possible to be reviewed by the court when there is a contract dispute. However Consideration does not involve things that both parties were required to carry out under law because it does not add anything to additional value.