Answer:
$1,061.28
Explanation:
We need to calculate the present value of the bond using the minimum effective rate of 7.1225%
First we calcualte the present value of an annuity of $80 for 10 years
![C * \frac{1-(1+r)^{-time} }{rate} = PV\\](https://tex.z-dn.net/?f=C%20%2A%20%5Cfrac%7B1-%281%2Br%29%5E%7B-time%7D%20%7D%7Brate%7D%20%3D%20PV%5C%5C)
![80 * \frac{1-(1+7.1225%)^{-10} }{7.1225%} = PV\\](https://tex.z-dn.net/?f=80%20%2A%20%5Cfrac%7B1-%281%2B7.1225%25%29%5E%7B-10%7D%20%7D%7B7.1225%25%7D%20%3D%20PV%5C%5C)
PV = $558.72
Then we calculate the $1,000 in 10 years present value
![\frac{Principal}{(1 + rate)^{time}}= PV](https://tex.z-dn.net/?f=%5Cfrac%7BPrincipal%7D%7B%281%20%2B%20rate%29%5E%7Btime%7D%7D%3D%20PV)
![\frac{1,000}{(1 + 7.1225%)^{10} } = PV](https://tex.z-dn.net/?f=%5Cfrac%7B1%2C000%7D%7B%281%20%2B%207.1225%25%29%5E%7B10%7D%20%7D%20%3D%20PV)
PV = $502.57
Then we add both values
$502.57 + $558.72 = $1,061.28
This will be the present value AKA market price which yields the minimun rate of 7.1225%
Answer:
Explanation:
The $35,000 that will be needed in 3 years is a future value (FV).
This is an ordinary annuity, and it is asking for the recurring payment (PMT)
Using a financial calculator, input the following;
Future value; FV = 35,000
Total duration ; N = 3*12 = 36 months
Interest rate; I = 3.4%/12 = 0.2833%
One time present cashflow; PV = 0
then compute recurring payment ; CPT PMT =924.86
The Potential<u> </u><u>Privacy and Security Issues</u> is a major flaw of the BYOD Strategy.
<h3>What is the BYOD Strategy?</h3>
BYOD a strategy in telecommunications security that allows business partner and workers to use their own devices to access the company's network, applications, and access company information.
Whilst it is cost savings in terms of hardware and provides convenience, it exposes the company to a lot of insecurity.
See the link below for more about the BYOD Strategy:
brainly.com/question/7229227
Answer:
balance the rights of both parties
Explanation:
Based on the information provided within the question it can be said that in a situation like the one being described a court will generally balance the rights of both parties. This is done in order to make sure that both parties are being treated fairly and investigate both sides of the case before making a decision in regards to who is in the right and who is in the wrong.
Answer:
1. What amounts did Target report for the following items for the year ended January 30, 2016?
b) Income from current operations
$2,669 million
c) Net income or net loss
$2,737 million
d) Total assets
$37,431 million
e) Total equity
$10,953
2) What was Target’s basic earnings per share for the year ended January 30, 2016?
$4.74 per share
Why do you think Target has chosen to have its fiscal year end on January 30, as opposed to December 31?
I guess that Christmas Holiday season is very important for them and a large percentage of their revenue is generated during November and December. It reports at the end of January to have time to consolidate its financial statements.
3) Regarding Target’s audit report:
Who is Target’s auditor?
Ernst & Young
Did Target receive a "clean" (unmodified) audit opinion?
yes, it did