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Lelu [443]
3 years ago
11

On October 5, 2019, you purchase a $14,000 T-note that matures on August 15, 2031 (settlement occurs two days after purchase, so

you receive actual ownership of the bond on October 7, 2019). The coupon rate on the T-note is 4.388 percent and the current price quoted on the bond is 105.65625 percent. The last coupon payment occurred on May 15, 2019 (145 days before settlement), and the next coupon payment will be paid on November 15, 2019 (39 days from settlement).a. Calculate the accrued interest due to the seller from the buyer at settlement.b. Calculate the dirty price of this transaction
Business
1 answer:
Scrat [10]3 years ago
8 0

Answer:

a: 247.43 interest

b: 15,039.31 dirty price of the purchase

Explanation:

We purchase the note at the quoted price plus the accrued interest at the time:

<u>accrued interest:</u>

principal x rate x time

we express time as a portion of year.

14,000 x 4.388% x 145/360 = $  247.4344

<u>note market price:</u>

14,000 x 105.65625/100 = 14,791.875

<u>dirty price: </u>

  principal + interest

14,791.875 + 247.4344 = 15,039.31

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Political systems, the systems of government in nations, differ from country to country. It is important to understand the natur
Verdich [7]

Answer:

Collectivism; democratic; totalitarian.

Explanation:

Political systems, the systems of government in nations, differ from country to country. It is important to understand the nature of different political systems and develop an awareness of and appreciation for the significance of national differences. Political systems are assessed according to two dimensions. The first is the degree to which they emphasize collectivism as opposed to individualism. The second is the degree to which they are democratic or totalitarian. These dimensions are interrelated and may share certain characteristics.

Collectivism can be defined as an economical, political or cultural system in which communities (group of people) are generally valued over individuals.

On the other hand, individualism is a sharp contrast to collectivism because it is an economical, political or cultural system in which individuals are generally valued over communities (group of people).

Also, a democratic government is a form of government of the people, by the people and for the people.

Totalitarianism can be defined as a form of centralized government that has an absolute control over the state. Thus, totalitarianism completely prohibits individual freedom, opposing ideologies, principles, political parties, and requires the people to be subservient to the state.

Simply stated, totalitarianism is an autocratic or dictatorial form of government.

6 0
3 years ago
Additional business in the form of a special order of goods or services should be accepted when the incremental revenue equals t
san4es73 [151]

Answer: False

Explanation:

The aim of the business is to ideally make a profit. As a result, Additional business should only be accepted if the incremental cost of doing so is less than the incremental revenue accrued from doing so.

If incremental revenue equals incremental cost, there is no point in engaging in the additional business as it brings no extra value to the business.  

4 0
3 years ago
Mark has a weekly income of $40, which he plans to spend on coffee and subway
strojnjashka [21]

The opportunity cost of a cup of coffee is  $4.

weekly income = $40

The price of a cup of coffee = $4

The price of a subway ticket is $2

Theopportunity cost of particular interest is the cost or advantage given up via carrying out that activity, relative to conducting an alternative pastime. more truly, it approaches if you chose one activity (for example, the funding you're giving up the possibility to do a one-of-a-kind alternative. The most reliable interest is the one that, net of its possible cost, provides a greater return compared to every other sport.

As a representation opportunity cost of the relationship between shortage and preference, the objective of possible value is to ensure the efficient use of scarce sources. It includes all related charges of a choice, both explicit and implicit. opportunity cost additionally includes the utility or monetary gain a character misplaced, if it's miles indeed more than the eco geo or actions taken

Hence, The opportunity cost of a cup of coffee is  $4.

Learn more about opportunity cost here:-brainly.com/question/1549591

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8 0
1 year ago
Levi organized 45 shirts into 3 drawers. Molly came and rearranged the shirts. She moved 6 shirts from the top drawer to the mid
Olegator [25]

Answer:

There were 16, 13 and 16 in first, second and third drawer respectively.

Explanation:

Given,

Total number of shirts = 45,

Number of drawers = 3,

Let x, y and z be the number in first, second and third drawer respectively,

After moving 6 shirts from the top drawer to the middle drawer,

Shirts in,

First drawer = x - 6

Second drawer = y + 6

Third drawer = z,

After moving 4 shirts from the middle drawer to the bottom drawer,

First drawer = x - 6

Second drawer = y + 6 - 4 = y + 2

Third drawer = z + 4,

Finally, after moving 5 shirts from the bottom drawer to the top drawer,

First drawer = x - 6 + 5 = x - 1,

Second drawer = y + 2

Third drawer = z + 4 - 5 = z - 1

According to the question,

x - 1 = y + 2 = z - 1

⇒ x - 1 = z - 1

⇒ x = z -----(1)

Also,  x - 1 = y + 2

⇒ y = x - 1 - 2 = x - 3 ----(2)

Since, total shirts = 45

⇒ x + y + z = 45

From equation (1) and (2),

x + x - 3 + x = 45

⇒ 3x -3 = 45

⇒ 3x = 48

⇒ x = 16,

Again from equation (1) and (2),

z = 16 and y = 16 - 3 = 13

Hence, there were 16, 13 and 16 in first, second and third drawer respectively.

4 0
3 years ago
Renzo uses his computer to access an online meeting room where he takes part in meetings with his department members. In this me
Flura [38]
They are using group collaboration
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2 years ago
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