Answer:
YTM = 12.66%
Explanation:
FV = ¥100,000
PV = 0.87 x ¥100,000
PV= ¥87,000
Coupon payment = 4.3% x ¥100,000
Coupon payment = ¥4300 per year
N = 18 years
YTM = ?
We would simply plug these values into a financial calculator
https://www.calculator.net/finance-calculator.html?ctype=returnrate&ctargetamountv=1000000&cyearsv=18&cstartingprinciplev=87000&cinterestratev=6&ccontributeamountv=4300&ciadditionat1=end&printit=0&x=0&y=0
YTM = 12.66%
The answer to the blank space is a contrast effect. A contrast effect is defined as a psychological bias where individuals are prone to evaluating that a stimulus is more positive because a similar stimulus was previously perceived as negative.
This is what is going on with Tom; despite having been presented information by Sam regarding how low taxes in general creates higher tax revenue, Tom still believes that taxing the rich would generate greater tax revenue to reduce the effect of recession.
Hyper-Tech's top executives are considering fighting the unionization efforts. The statement which if TRUE, best supports the argument that Hyper-Tech should contest the union's right to an election is
- D) The process outlined at Hyper-Tech for filing employee grievances differs from the grievance procedures at other firms in the same industry
<h3>Hyper-Tech </h3>
It was founded in 2008. The company's line of business includes providing various business services.
In conclusion, we can conclude that the correct answer is as given above.
learn more about Hyper-Tech from here: brainly.com/question/14343056
Answer: $79.30
Explanation:
Cost of the house = $96400
Down payment = 25% × $96400 = $24100
Mortgage = $96400 - $24100 = $72300
Interest = 5.5%
Time = 5 years
Monthly payment.= $410.66
The interest for first payment will be:
= $72300 × 5.5% × 1/12
= $72300 × 0.055 × 0.08333
= $331.36
Therefore, the amount of the first monthly payment is used to reduce the principal will be:
= $410.66 - $331.36
= $79.30