Explanation:
It all depends on the market conventions and the bond documentation.
1 In most countries, traditionally fixed coupon bonds don’t have their coupons day counted. So if the frequency is twice a year, and the annual coupon rate is 5.5%, then each semi-annual coupon is exactly 5.5/2=2.75%. However a lot of other instruments, e.g. fixed swap legs, loans, and bonds that are really “loan participation notes”, etc. usually have their fixed coupons day counted. So each coupon amount will vary a little depending on the number of days in the accrual period, weekends and holidays.
Answer: The final payment would be: $42919,74.
Explanation: To simplify the work we must make a timeline:
0 1 2 3 4 5 6
$6000 $6000 $6000 $6000 $6000 $6000
These would be the normal conditions of the loan.
but if instead of making the 6 payments only one is made at the end:
We must use the FV annuity formula:
6000 ×
= <u>42919,74</u>
A private limited company, or LTD, is a type ofprivately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares.
Answer:
More than $40, as the marginal benefit will exceed the marginal cost.
Explanation:
A firm should continue to produce a good or service, to hire an additional worker, and to engage in any type of economic activity as long as the marginal benefit is higher than the marginal cost.
In this case, operating one room for the night costs $40. That is the marginal cost. What the customer pays for renting the room for the night is the marginal cost. Therefore, as long as the customer pays more than $40 for the night, the hotel should rent out the room, because the marginal benefit is higher than the marginal cost.
Answer:
The correct answer is "$136.44"
Explanation:
According to the question,
Total units will be:
= 
= 
Average cost will be:
= ![\frac{[(10\times 12)+(15\times 14)]}{29}](https://tex.z-dn.net/?f=%5Cfrac%7B%5B%2810%5Ctimes%2012%29%2B%2815%5Ctimes%2014%29%5D%7D%7B29%7D)
= 
= 
=
($)
hence,
The cost of sale will be:
= 
= 
=
($)