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Annette [7]
3 years ago
7

Find the duration of a 5% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity

of 6.3%. What is the duration if the yield to maturity is 10.3%? (Do not round intermediate calculations. Round your answers to 4 decimal places.)
Business
1 answer:
lidiya [134]3 years ago
5 0

Answer:

2.8238 Years

Explanation:

Please see attachment

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In an effort to promote rapid growth, the government of Cashland has kept taxes low, offered little regulation of business activ
melisa1 [442]

Answer:

Capitalist approach to achieve the objectives, although currently the determined pressures that the approach should be socialist in the future

Explanation:

<em>Capitalism</em> is an economic and social system based on the means of production must be privately owned, the market serves as a mechanism to allocate specific resources efficiently and capital serves as a source for generating wealth.

On the contrary, <em>Socialism</em> is the theory, doctrine or social practice that promotes the public possession of the means of production and a collective and planned control of the economy for the general interest of society.

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7 0
4 years ago
In the context of social responsibility and environmental management, by 2020, China’s _____ will be more than double the closes
Katena32 [7]

Answer:

Basel Convention

Explanation:

The overarching objective of the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal, also known as the Basel Convention, is to protect human health and the environment against the adverse effects of hazardous wastes. This is China's main contribution towards social responsibility and environmental management that will surpass the United States contribution.

3 0
3 years ago
What is the 2017 repayment limitation for a single taxpayer who has income at a 350% poverty level?
hram777 [196]

Repayment Limitation Table for 2017

Household Income Percentage of Federal Poverty Line Limitation Amount for Single Limitation Amount for all other filing statuses

At least 200%, but less than 300% $750 $1,500

At least 300%, but less than 400% $1,275 $2,550

400% or more No limit No limit

4 0
3 years ago
When a financial instrument includes a _________ provision, allowing the issuer to the option to retire the financial instrument
Oduvanchick [21]

Answer:

The correct word for the blank space is: callable.

Explanation:

A Callable Provision -typically referred when talking about bonds- is one that can be paid back to the issuer partially or in full before its maturity date. This provision allows the financial instrument issuer to replace higher than market instruments with ones lower.

8 0
3 years ago
An accountant increases the price he charges for his services by 66 percent. In​ response, the demand for his services decreases
Rama09 [41]

Answer:

Decrease

Explanation:

The accountant's revenue will decrease because the demand for his services has fallen by 1,818%, while the price he charges has only gone up by 66%.

The rise in prices will not be enough to cover the losses for such a deep fall in demand.

For example, suppose that before, the accountat used to complete 200 services a month for $100 per year, his total revenue is = 200 x $100 = $20,000.

Now, he will charge 68% more, the new service fee is $168, but demand for his services will now be a negative 3436 (200 x 1,818% = 3636), so his revenue will be 0, or even, negative (he could get into debt to afford his expenses).

7 0
3 years ago
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