Answer:
a new market simply means a new group of people never before reached
Explanation:
Answer:
Bond Price= $4,700.15
Explanation:
Giving the following information:
coupon rate= 0.032/2= 0.016
YTM= 0.037/2= 0.0185
Number of periods= 16*2= 32
Par value= $5,000
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 80*{[1 - (1.0185^-32)] / 0.0185} + (5,000/1.0185^32)
Bond Price= 1,919.05 + 2,781.10
Bond Price= $4,700.15
Long-term goal
Hope this helps
Answer:
Option (d) is correct.
Explanation:
Given that,
On December 1,
Victoria Company signed a 90-day. 8% note payable, with a face value of $16, 200
Interest expense on December 31 is accrued for 30 days (Dec 1 - Dec 31)
Interest expense:
= Amount of note payable × Interest rate × Time period
= $16,200 × 8% × (30 ÷ 360)
= $108
Therefore, amount of interest expense is accrued at December 31 on the note is $108.
Answer:
The answer that is incorrect is D)
Explanation:
First of all, it is incorrect because if prices increase, real money balances decrease. The real money balances formula explains this fact:
Real money balances (RMB) = M/P
Where M is the amount of money and P the price level.
If P increases, then M will RMB will decrease.
If RMB are less, then, houses will find themselves poorer, not wealthier, and will decrease their spending, not increase it.
