Answer:
The bonds sell for $825.63
Explanation:
To calculate the price of the bond, we need to first calculate the coupon payment per period. The bonds are annual bonds so the coupon payment is per year.
Coupon Payment = 1000 * 0.057 = $57
Total periods = 15
The formula to calculate the price of the bonds today is attached.
Bond Price = 57 * [( 1 - (1+0.077)^-15) / 0.077] + 1000 / (1+0.077)^15
Bond Price = $825.63
Preserved remains of organisms are known as fossils.
Fossils are generally <u>remains of ancient dead living organisms, including plants and animals</u>. Fossils can be in the form of bones, shells, or even an animal’s imprint.
These things help Charles Darwin in proving his theory of evolution, which states that heritable characteristics in living organisms change over several generations.
The primary role of individuals as participants in the money market is to purchase money market instruments so that their funds can be used for further investment by financial institution.
The Money markets constitutes financial institution who provides the money market instrument such as mutual funds to the Market participant.
The Money market are essential to the economy because the excess reserves of investment with them are lend out and this boost the money supply of the economy.
Therefore, the primary role of individuals as participants in the money market is to purchase money market instruments so that their funds can be used for further investment by financial institution.
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<em>brainly.com/question/14934453</em>
<u>Answer:</u>
<em>True
</em>
<em></em>
<u>Explanation:</u>
Marginal utility evaluates the additional fulfillment that a customer earns from consuming extra units of merchandise or administrations. The idea of marginal utility is utilized by market analysts to decide the number of items customers are eager to buy. Positive peripheral service happens when the utilization of an extra thing expands the free utility while minimizing negative utility happens when the use of an extra something diminishes the complete efficiency.
