Answer:
$468,844 approx.
Explanation:
<u>Assumption</u>: <u>Since the question is incomplete, with the available information it has been construed that calculation of bond price is required and the question has been solved accordingl</u>y.
The price of a bond is the present value of future cash receipts it generates to the investor in the form of interest stream and principal stream.
wherein,
= price of bond as on today
i = annual coupon payments
ytm= investor's expectation of interest or market rate of interest on similar bonds
RV = Redemption value of such bonds assumed to be the face value
n = term to maturity
12.46221 × 22,500 + 0.376889 × 22,500 = 280,399.725 + 188444.5
$468,844 approx
This is the present value of the bond which is lower than it's face value because market rate of return of similar bonds is higher than the coupon rate of payment by Westside Corporation.
Answer:
A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business.
Less mobile because the house has to be sold in order to move to another location
Compounding is known as the act of leaving your money and other accumulated interest in an investment for more than one period.
<h3>How do you explain the word compounding?</h3>
Compounding is known to be the method used when an interest is credited to a specific existing principal amount and also to interest already paid.
It is the act of letting go of one's money and other compiled interest in an investment for a long time.
learn more about Compounding from
brainly.com/question/2449900?source=archive
Answer:
People
Explanation:
People is the component of the marketing mix that deals with what the customer wants and how to effectively tailor products to meet those needs
It gives rise to segmentation of customers based on their preferences. Customers within a given segment are effectively catered for by because the company has an understanding of how to satisfy them.
In this scenario we want to find the major benefits people look for in the packaged goods market, the kinds of people who look for each benefit, and the major brands that deliver each benefit.
