Answer:
(a) 9.9%
(b) 10.09%
The further explanation is given below.
Explanation:
The given values are:
Coupon payment
= $99
Price
= $1,000
(a)
The Yield to maturity (YTM) will be:
= 
where,
C = Coupon payment
P = Price
n = years to maturity
F = Face value
On putting the estimated values is the above formula, we get
⇒ 
⇒ 
⇒
%
(b)
Although the 1st year coupon was indeed reinvested outside an interest rate of r%, cumulative money raised will indeed be made at the end of 2nd year.
= ![[99\times (1 + r)] + 1,099](https://tex.z-dn.net/?f=%5B99%5Ctimes%20%281%20%2B%20r%29%5D%20%2B%201%2C099)
Came to the realization compound YTM is therefore a function of r, as is shown throughout the table below:
Rate (r) Total proceeds Realized YTM (
)
7.9% 1205.8 9.8%
9.9% 1207.8 9.9%
11.9% 1209.8 9.99%
Now,
Overall proceeds realized YTM:
= 
= 
= 
= 
= 
= 
=
%
Answer:
a. will have access to experts who can decide international trade disputes.
Explanation:
The ratio of liabilities to stockholders' equity is 0.083.
<h3>What is the ratio of liabilities to stockholders' equity?</h3>
Liabilities are future benefits that would have to be sacrificed in the future by an entity to other entities as a result of past transactions. An example of liability is account payable.
Stockholder's equity is the difference between assets and liabilities. Assets are resources that can be used to increase the value of the firm. An example of an asset is account receivable.
The ratio of liabilities to stockholders' equity can be determined by dividing liabilities by stockholders equity.
The ratio of liabilities to stockholders' equity = liabilities / stockholders' equity
1000 / 12,000 = 0.083
To learn more about liabilities, please check: brainly.com/question/26513242
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Answer:
the patent amortization expense for the year 2021 is $231,000
Explanation:
The computation of the patent amortization is shown below:
= (Acquired value of the patent - ending value) ÷ legal life
= ($4,800,000 - $180,000) ÷ 20 years
= $231,000
We simply applied the above formula so that the correct value could come
Hence, the patent amortization expense for the year 2021 is $231,000