Answer:
Tha annual effective yield rate for the bond is:
= 6.2%
Explanation:
a) Data and Calculations:
Bond par value = $1,000
Annual coupon rate = 6%
Annual spot interest rates = 7%, 8%, and 9% for year 1, year 2, and year 3 respectively
Current value of bond = $970 ($1,000 * 99% * 99% * 99%)
Annual coupon payments = $60 * 3 = $180
Effective rate for the three years = $180/$970 * 100 = 18.6%
Annualized effective yield rate = 6.2% (18.6%/3)
OR
Annualized effective yield rate = (Annual coupon payments/Current value of bonds)
= 6.2% ($60/$970)
Answer:
$30,800
Explanation:
Dr Work in progress 30,800
Cr Wages payable 30,800
Direct labour hours × Per direct labour hour
Job 456
580×15 = 8700
Job 777
850×26= 22100
22,100 + 8,700 = 30,800
Answer:
preemption
Explanation:
Preemption -
It refers to the process of getting some prior claim , is referred to as preemption .
It is basically some rights which a company takes before any other company getting it .
Some pre approved process is known as preemption , these claims are required to be taken .
Hence , from the given scenario of the question ,
The correct answer is preemption.
Answer:
D. Conviction of a felony.
Explanation:
The basis for the suspension is the <u>Conviction of a felony</u>. As common, significantly more severe the violation, that has more severe the penalty. As an illustration but observed guilty of a misbehavior violation, thou may only have to give a penalty. If a court declares a felony conviction after that you may be inspecting various years in the penitentiary. Remaining convicted concerning a felony is a dangerous matter.
The value of the investment could be unpredictable when the investment is volatile. To add up, the fluctuation patterns of the value could be a lot different than it should be. It can be observed in a graph that the curve just suddenly rises and falls covering only a smaller amount of time.