I believe the answer is: has a higher proportion of college graduates than most European countries.
On average, only 55% of College students in west virginia managed to graduate and use their degree each year. That's being said, the number is still significantly higher to most european countries since only about 40% of their students manage to graduate each year.
Answer:
D. number of different product lines the company carries
Explanation:
Product mix is referred to as product assortment which is the total number of product lines a company offers to its customers.
Answer:
The correct option is B,7.70%
Explanation:
Annual coupon interest rate=coupon payment/face value
the coupon payment is the semi-annual interest payment*2
the semi-annual interest payment can be computed using the pmt formula in excel:
=pmt(rate,nper,-pv,fv)
rate is the semi-annual yield to maturity which is 9.25%/2=4.625%
nper is the number of semi-annual interest payable by the bond which is 25*2=50
pv is the current price of the bond which is $850
fv is the face value of the bond at $1000
=pmt(4.625%,50,-850,1000)
pmt=$38.50
annual interest =$38.50*2=$77.00
Annual coupon interest=$77/$1000=7.7%
Answer:
At 9.70% discount rate would you be indifferent between these two plans.
Explanation:
Present Value of Perpetuity = P/r
Present Value of Annuity = P/r[1 - (1 + r)^-n]
$14,000/r = $20,000. /r[1 - (1 + r)^-13]
(1 + r)^-13 = 1 - $14,000/$20,000.
(1 + r)^13 = 10/3
r = 9.70%
Therefore, at 9.70% discount rate would you be indifferent between these two plans.
