The derp corporation has an outstanding convertible bond issue that is convertible into 8 shares of stock. if the current market price of the bond is 80, the parity price of the stock is Parity means equal.
A parity price is the price level at which two assets or securities are of equal value. This is a concept used in several markets such as bonds, stocks, commodities and convertibles.
Import Parity Price or IPP is defined as: So c.i.f. Import price plus customs duty plus shipping cost to buyer's location.
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Answer: $13,000
Explanation:
Given that,
Beginning inventory = $10,000
Inventory purchased = $8,000
Ending inventory = $5,000
Company uses the periodic inventory method,
Cost of goods sold = Beginning inventory + Inventory purchased - Ending inventory
= $10,000 + $8,000 - $5,000
= $13,000
Answer:
$0
Explanation:
Given: Purchased price of 1000 shares common stock is $10.
Selling price of 500 share at $20.
First, computing purchase price and selling price
Purchase price of 1000 shares=
Selling price of 500 shares=
Now, computing revenue
Revenue=
Revenue=
∴ There is $0 revenue realised from the sale.
Answer: Equilibrium level of aggregate investment for the given rates will be
(a) At 15% - $20 billion;
(b) At 10% - $30 billion;
(c) At 5% - $40 billion.
The idea is to invest up to the point where your expected rate of return is equal to the real interest rate i.
For graph see attachment.
Answer:
c. $800,178.79
Explanation:
In this question we use the Present value formula that is shown on the attachment below:
Given that
Future value = $1,000,000
PMT = 1,000,000 × 3% ÷ 2 = $15,000
NPER = 3 years × 2 = 6 years
Rate of interest = 11% ÷ 2 = 5.5%
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value would be $800,178.79