Answer:
$1,101.58
Explanation:
Tenor: 30 times (15-year maturity * 2 for semiannual)
Coupon rate: 7.25% semiannual -> coupon received semiannual (PMT) = $1,000 * 7.25%/2 = $36.25
Face value (FV): $1,000
Yield To Date (YTD): 6.20% semiannual -> YTD per semiannual = 3.1% (=6.20%/2)
Bond’s price = present value of bond + present value of total coupon received semiannual
Present value of bond = FV/(1+ YTD) ^tenor = 1000/(1+3.1%)^30 = $400.1659
present value of total coupon received semiannual = 36.25/(1+3.1%)^30 + 36.25/(1+3.1%)^29+ ….. + 36.25/(1+3.1%)^1 = $701.4189
(we can use excel to calculate the PV of coupon received = PV(rate,tenor,-PMT) = PV(3.1%,30,-36.25) = 701.42)
⇒ Bond’s price = $400.1659+ $701.4189= $1,101.58
Answer:
The option d is correct.
Explanation:
The high low method shows the difference between the high and low cost of a particular thing. In the given question, the high cost is $3,600 and the low cost is $2,700 whereas the high machine hour is 18000 and low machine hour is 10,000.
Now, the formula for high low method is calculated. It is shown below:
High low method = (High cost - Low cost) ÷ (High machine hours - Low machine hours)
= ($3,600 - $2,700) ÷ (18000 - 10,000)
= 900 ÷ 8000
= 0.11
Thus, the option d is correct.
<span>To get a Bachelor degree one must show that they have mastered the skills to get the degree. It also shows that they have the drive to actually complete something long term and challenging.
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Social disorder, perfectionist, just remembering physiology. ..
Answer:
Instrumentality
Reward they want
Explanation:
_Instrumentality_ highlights how intended effort can turn into actual effort if employee believe their hard work will __result in rewards they want_.
Employees tends to be motivated toward the work when reward are attractive. The intended effort is then turned to actual effort when they are being awarded accordingly and this allow them to perform their job successfully.
The process of turning the intended effort to actual effort is termed Instrumentality and their performance will results in reward they want.
