Answer: The coupon rate is 13%
Explanation:
We would first calculate the Coupon Payment and then later using the coupon payment we would compute the Coupon rate.
PV =
+ A [
]
Where,
FV = $1,000
PV = $1,291.31
r = 8%
N = 8 Years
A = Coupon Payment
1291.31 =
+ A ![[\frac{1-\frac{1}{(1+0.08)^{8} } }{0.08} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1-%5Cfrac%7B1%7D%7B%281%2B0.08%29%5E%7B8%7D%20%7D%20%7D%7B0.08%7D%20%5D)
Solve for A
A = 130.69
The coupon payment is $130
Coupon rate = (Coupon payment / Face value) x 100
=
x 100
= 13 %
Answer:
Greetings, fellow companions. Today I want to talk to you about preparing for the future, for retirement, or anything else in your lives. Please listen carefully as we might save money, but not plan our life. The first factor that makes planning our future so important is that we all have things we want to do in our lives, but not having a strategy separate us from reaching our goals. The second factor that makes me talk about this is that majority of us are not prepared for what the future might have for us. Therefore we need to reduce our risks and our exposure to the events that are most likely going to be part of our life, like paying for our children's college or building a family business. Therefore, I invite you to plan your future, because if we don't do it. We are not going to be able to accomplish our goals.
Explanation:
The reasons backing my answer are that in the first place planning for the future is not very common, even though when we have savings accounts or retirement funds accounts. However, that is only a part of the whole process. Because we might not have seen the full picture to know exactly what are our requires steps to accomplish our goals. For example, if we want a strawberry farm that could provide money for our family, and their children we need to have the land, the knowledge, and the plans to develop our goal. Because if we only save and leave the planning for later. We might overwait, and when never take the first step. What would be the case if a strawberry farm would cost only fifty thousand dollars, and we keep working until we have five hundred thousand. We might have more money but we would have no plan, and we might have time past so far that we might help the children with the farm.
Budget resolutions is the answer
Answer:
<em><u>Find below the features of a corporation</u></em>
An investor who purchases stock in a corporation becomes an owner
The chief distinguishing factor of a corporation is its
Limited liability in that corporation.
Explanation:
- Stocks are certificates of ownership. Then, any person that buy a stock for a corporation become an owner of the company. This means that this person has the right to a share of the company profit if there is some.
- Limited liability it means that if a law sue is issued over the company the person that is a stockholder or owner does not have any liability but just the corporation.
Answer:
lower
Explanation:
As people would make a smaller profit but more if it accumulating it to get bigger than expensive with less sales.