The par value of a bond is the amount issuer promises to pay the bond-holder on the maturity date.
The overall return depends on when the bond was bought. The closer to the maturity date, the lower the overall return, or yield-to-maturity (YTM).
If the YTM has been quoted as 9%, it means that the effective yield from today to the maturity date is 9%, according to the current price, and accounting for the 12% coupon, if applicable.
So Devin will earn a return of 9%.
Answer:
The correct answer is $300,000.
Explanation:
According to the scenario, the given data are as follows:
Income before tax = $500,000
Tax rate = 40%
Tax amount = $500,000 × 40% = $200,000
So, we can calculate the Best's net income by using following formula:
Net Income = Income Before Tax - Tax amount
= $500,000 - $200,000
= $300,000
The Best's net income is $300,000.
Answer:
hmm I know with that is the silver kind to you and
Answer:
B. is a specific group of customers on whom an organization focuses its marketing efforts
Explanation:
Answer and Explanation:
The computation of the maximum amount of new checkable deposit money is given below:
The Net impact represent the decrease in the reserves by
= $55 million - $51 million
= $4 million
Now the
Multiplier = 1 ÷ Reserve requirement
= 1 ÷ 25%
= 4
Now Decrease in money supply is
= $4 million × 4
= -$16 million
