Answer:
Bond Price or Present value = $23021820.4557 rounded off to $23021820
Explanation:
To calculate the quote/price of the bond today, the present value, we will use the formula for the price of the bond. As the bond is a semi annual bond, the semi coupon payment, semi annual number of periods and semi annual YTM will be,
Coupon Payment (C) = 25000000 * 0.07 * 6/12 = $875000
Total periods (n) = 5 * 2 = 10
r or YTM = 0.09 * 6/12 = 0.045 or 4.5%
The formula to calculate the price of the bonds today is attached.
Bond Price = 875000 * [( 1 - (1+0.045)^-10) / 0.045] +
25000000 / (1+0.045)^10
Bond Price or Present value = $23021820.4557 rounded off to $23021820
Answer and Explanation:
The journal entry is given below:
Work in process inventory Dr $100,000
To raw material inventory $100,000
(being the usage of the direct material is recorded)
here the work in process is debited as it increased the assets and credited the raw material inventory as it decreased the assets
Answer:
The insurance company would only sell the Select Policy insurance to a smoker with systolic blood pressure of 230 if after carrying out a medical test, t was found out that, the probability of him or her having a stroke is actually less than 0.01.
<em>This is to insure that, the smoker didn't capitalise on his dying nature in-order to obtained the insurance thereby defrauding the insurance company.</em>
Explanation:
Answer:
The answer is
A. Increasein supply of laptop
B. Increase in hotel taxes
C. Reduction in wages or salary paid
Explanation:
A. To offset the outcome: Increase in supply of laptop will neutralize the increase in price due to high demand. The market forced will automatically drive the price laptop down.
B. To offset the outcome: Increase in hotel taxes will drive the price of hotel lodging up because this increase will be passed to the consumers(traveller) and discourage vacation travel
C. To offset the outcome: Reduction in wages or salary paid will discourage people from working. This satisfies law of supply (At lower price(wages), less will be supplied/produced(the supplied factor of production,labor)
The phrase "electronic commerce" refers to any use of computers and networking to facilitate the exchange of goods and information without the need of paper. The use of electronic financial transfers and data transmission to complete online purchases and sales is another benefit of this business model.
<h3>How come the business world is so complicated?</h3>
One element that adds to the complexity of the commercial sector is the variety of building uses. Every four years, there is a significant nationwide study of commercial buildings in the United States that looks at a wide range of factors, including energy use.
<h3>What makes up a specific economic sector in a nation?</h3>
The portion of the economy associated with that particular type of industry is known as a sector in that nation.
To know more about Commercial Sector visit:-
brainly.com/question/24219749
#SPJ4
