Answer:
The agreement among the Jane and bank personally is the Guaranty
Explanation:
As Jane want to take a loan of $50 from bank in order to purchase a building but bank is worried regarding the financial health of the company so in order to grant the loan or mortgage, both bank and Jane entered into an agreement which states that the Jane would be personally liable for the payment if company defaults. So, the agreement in which they agreed is the guaranty given by Jane to bank.
Answer:
Standard.
Explanation:
In the context above, it can be seen that the 1988 was been provided to be a standard for growth and high export year against all other years. Therefore, in a bid to improve its manufacture growth, different things are expected to change back or better than the model or steps that are been used. Objectives to determine a huge success in the current project is seen to be in a cue with that of the year discussed above.
Answer:
The units of the 5-year zero coupon bond that should be purchased in the optimal portfolio is:
= 6 units
Explanation:
a) Data and Calculations:
Spot rates = 5% annually
Yield of a 1-year zero coupon bond = 5%
Yield of a 2-year zero coupon bond = 5%
Yield of a 3-year zero coupon bond = 5%
Yield of a 4-year zero coupon bond = 5%
Yield of a 5-year zero coupon bond = 5%
Yield of a 6-year up to a 10-year zero coupon bond = 5%
Future Monetary Obligations:
YEAR 1 2 3 4 5 6 7 8 9 10
OBLIGATION 100 200 300 400 500 600 700 800 900 1000
PV factor 1.05 1.1025 1.1576 1.2155 1.2763 etc.
Present value of a 5-year zero coupon bond = $78.35 ($100/1.2763)
Number of units of the 5-year zero coupon bond that should be purchased in the optimal portfolio = 6.382 ($500/$78.35)
= 6 units
Answer:
im already suscribed to him lol
