The bond value computed shows that the percentage change in the price of Bill's bond is -10.20%.
<h3>How to calculate the percentage</h3>
From the information given, the following can be deduced:
Nper = 10
PMT(semi annual payment) = 1000 × 12.4% × 0.5 = 62
FV (face value) = 1000
Rate = (12.4 + 3)/2 = 7.7%
New bond value = PV(7.7%, 10.62, 1000) = $897.97
Therefore, the percentage change will be:
= (897.97 - 1000)/1000
= -10.20%.
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Answer: A. December 31, 2018
Explanation: RMD also known as required minimum distribution is a withdrawal one has to take from his or her retirement plan once he or she attains the age of 70and a half years old.
According to IRAs, once a person attains the age of 70.5 which is six months after the person's 70th birthday, the individual is entitled to take his or her RMD by the 31st of December following his or her 70.5 birthday.
According to the above question, Walter is entitled to take his RMD on the 31st of Dec, 2018.
I’m sorry I’m not answering ur question so I can ask one but I would say 450$
Answer: Only Material costs are relevant
Explanation:
The material cost under alternative X is given as $41000 while under alternative Y is given as $59000.
The processing cost under alternative X is given as $45000 while under alternative Y, the processing cost is given as $45000 as well.
Then, we can deduce that only the materials costs are relevant since the processing costs are thesame.
The Keynesian model focuses more on short-term fluctuations caused by business cycles and the neoclassical model focuses more on short-term fluctuations caused by business cycles.
Neoclassical economics is long-term oriented. Key policies include: Governments should focus on keeping long-term growth and inflation under control, rather than worrying about a recession or cyclical unemployment.
Aggregate demand is a useful tool for controlling inflation.
The Keynesian model focuses on using aggressive government policies to manage aggregate demand and combat or prevent recessions. Keynes developed his theory in response to the Great Depression and was highly critical of early economic theory, which he called classical economics.
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