Answer:
Bond price= 1,124,622
Explanation:
Giving the following information:
Face value= $1,000,000
Number of periods= 10*2= 20
Cupon rate= 0.12/2= 0.06
YTM= 0.1/2= 0.05
<u>To calculate the bond price, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 60,000*{[1 - (1.05^-20)] / 0.05} + [1,000,000 / 1.05^20]
Bond Price= 747,732.62 + 376,889.48
Bond price= 1,124,622
What term best describes the relationship between units of a good demanded across a range of prices? Supply. The supply of something refers to how many units of a good or service are available at the time they are desired. There are a range of items at various prices that could be available depending on the demand of the item. Supply and demand go hand in hand because the demand for an item increases the supply of them.
Answer:
D. Expensed as incurred in the current period.
Explanation:
Since in the question it is given that the acquisition cost incurred for $100,000 which is related to the purchase of the net assets
And, the same $100,000 is reported as an expenses incurred for the current period as other cost like professional fees, consulting fees, general administrative cost expenses, etc are recorded when they are incurred
Hence, the last option is correct
Answer: $1,622.08
Explanation:
Currently both Shaan and Anita are cumulatively paying;
= 850 + 675
= $1,525
Their savings are;
= 1,525 * 10%
= $152.50
As this saving is fixed, it is an annuity. The future value over 8 years at 8% is;
Future Value of Annuity = Annuity * Future value annuity factor, 8 years, 8%
= 152.50 * 10.6366
= 1,622.0815
= $1,622.08
Answer:
The correct answer would be C, Balance Sheet.
Explanation:
A balance sheet is a document, which contains information about the Assets, Liabilities and owner's Equity of a firm, company or an organization. There is a predetermined format to write a Balance Sheet. There are two sides in this statement. One side contains Assets and Liabilities of the Company, whereas the other side contains the Owner's Equity in a particular point of time. This statement summarizes the financial balances of an individual organization. There are other financial statements of the company as well like Income Statement, cash flow statement, etc, but Balance Sheet is considered most appropriate to have a look at the assets, liabilities and equity of the company at a specific point of time.