Answer:
invoice price (dirty price) = $1,004.13
Explanation:
semi-annual coupon = $1,000 x 7% x 1/2 = $35
clean price = $1,001.25
accrued interest = (Jan. 30 - Jan. 15) x $35 x 1/182 = $2.88
invoice price (dirty price) = clean price + accrued interest = $1,001.25 + $2.88 = $1,004.13
the dirty price or invoice price of a bond includes any accrued interest that the bond may have earned in the period between the last coupon payment and the transaction date.
Answer:
a. for pizza rises when income rises.
Explanation:
A normal good is a good that people purchase more when their income increases and that have a lower demand when their income decreases, for example, clothing. According to this, the answer is that Pizza is a normal good if the demand for pizza rises when income rises.
The other options are not right because a normal good is determined by the way in which the demand of a product behaves when the income increases or decreases.
<span>Answer:
The net present value is the sum of the three present values.
NPV = PV of initial investment + PV of 7 year annuity + PV of lump sum salvage
NPV = -48900 + 14600 x (1 - 1 / (1 + 12%)^7) / 12% + 12000/(1+12%)^7 = 23,159.04</span>
Answer: D) employees require additional training
Explanation: Overtime can be defined as the rate of pay, usually higher, for work done by employees or workers outside of or in addition to regular working hours. While employees who work overtime hours are motivated by the extra income to be had, there are some disadvantages that comes with it some of which include numerous mental, physical, and social effects such as stress, lack of free time, poor work-life balance, and health risks. They may require extra energy to perform at a normal rate and consciously or not, may pace themselves to ensure overtime. In time they may also become accustomed to the extra income thereby elevating their standard of living, however, it is unlikely that employees would require additional training in order to work or because they are working overtime.
