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Rasek [7]
3 years ago
14

If xavier gives up a job in which he earns $23,000 per year in order to go to college full time, his foregone income is part of

the opportunity cost of going to college.
Business
1 answer:
natulia [17]3 years ago
3 0
Yes his foregone income is part of the opportunity cost of going to college
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A bond has a face value of $1,000, a coupon of 4% paid annually, a maturity of 30 years, and a yield to maturity of 7%. What rat
Lelechka [254]

Answer:

-11.8%

Explanation:

the key to answer this question is to remember that valuation of a bond depends basically of calculating the present value of a series of cash flows, so let´s think about a bond as if you were a lender so you will get interest by the money you lend (coupon) and at the end of n years you will get back the money you lend at the beginnin (principal), so applying math we have the bond value given by:

price=\frac{principal*coupon}{(1+i)^{1} }+ \frac{principal*coupon}{(1+i)^{2} } \frac{principal*coupon}{(1+i)^{3} }+...+\frac{principal+principal*coupon}{(1+i)^{n} }

so in this particular case that one year later there are 29 years to maturity so we have:

price=\frac{1,000*0.04}{(1+0.08)^{1} }+ \frac{1,000*0.04}{(1+0.08)^{2} } \frac{1000*0.04}{(1+0.08)^{3} }+...+\frac{1,000+1,000*0.04}{(1+0.08)^{30} }

price=553.6638

so as we have a higher rate the investment has the next return:

return=\frac{553.66}{627.73} -1

return=-11.8\%

4 0
3 years ago
If a competitive firm can sell a bushel of soybeans for $25 and it has an average variable cost of $24 per bushel and the margin
Liula [17]

Answer: reduce output.

Explanation:

In a competitive market, firms do not have control over the price that they sell their goods in the market but they do have control over their costs. It is recommended to produce/ sell goods at a quantity where Marginal Revenue will equal Marginal cost (MR = MC).

In a Competitive Market, Price is the same as Marginal revenue which means that Marginal revenue here is $25 and the Marginal Cost is $26. At this quantity of output, the Marginal Cost is larger than the Marginal revenue.

Company should therefore reduce output to a quantity where Marginal Cost will equal Marginal revenue.

6 0
2 years ago
On December 1, 2016, Fine Dining Products borrowed $84,000 on a 12%, five-year note with annual installment payments of $16,800
kenny6666 [7]

Answer:

$16,800

Explanation:

The amount of the note payable as the current position of long term notes payable on the  balance sheet as of December 31, 2016 can be calculated by just dividing the principal amount by the number of periods it has been borrowed for

Calculation: 84000/5 = $16,800

3 0
3 years ago
A customer asks you over the phone how much it will cost to upgrade memory on her desktop system to 16 GB. She is a capable Wind
tangare [24]

Answer:

She will be required to use the BIOS/UEFI to check the memory slots available and how much memory on the slots have been used up.

Explanation:

The reason why she'd be asked to perform the above task of checking which slots are avalable is so as to determine how much memeory will be bought to add to the existing one ad so as to be able to determine the price of the needed memory.

cheers.

7 0
3 years ago
Your supervisor has asked you to complete a task with three coworkers. In order to impress your supervisor, the best plan would
damaskus [11]
The correct answer is letter D. <span>complete the task by doing as much as possible. </span>Your supervisor has asked you to complete a task with three coworkers. In order to impress your supervisor, the best plan would be to complete the task by doing as much as possible.
7 0
3 years ago
Read 2 more answers
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