Answer:
6.67% and 6.694%
Explanation:
The computation of the approximate yield to maturity and the exact yield to maturity is shown below:
For Approximate yield to maturity it is
= 2 × ((Face value - current price) ÷ (2 × time period) + face value × coupon rate ÷ 2) ÷ (Face value + current price) ÷ 2)
=2 × (($1,000 - $950) ÷ (2 × 10) + $1,000 × 6% ÷ 2) ÷ (($1,000 + $950) ÷ 2)
= 6.67%
Now
the Exact yield to maturity is
= RATE(NPER,PMT,-PV,FV)
= RATE (10 × 2, 6% × $1000 ÷ 2,-$950,$1,000) × 2
= 6.694%
Answer:
$ 8500 paid by the university
Explanation:
The dormitory fees are recorded as part of his gross income because it is a payments given to his services rendered which was counseling freshman on campus living. The dormitory fees gotten can be taxed for this reason unlike the scholarships received for tuition, fees, books can be excluded from gross income as they are required for the student courses.
a. The self-driving vehicle industry is changing too much for the top-down approach to be effective.
b. The top-down approach can only be applied to specific business functions.
c. The top-down approach leaves other employees uncertain about their roles in the company.
d. The top-down approach is expensive to maintain, leaving the company at a competitive disadvantage.
Answer:
a. The self-driving vehicle industry is changing too much for the top-down approach to be effective.
Explanation:
The top-down approach is a model in which there is a hierarchical style and the decisions are made by the manager and then informed down the organizational chart and the lower levels have to accept the decisions. In this approach, people in the lower levels have low participation and influence on the decisions and as the firm's industry is changing too much, this people would posses crucial information and specialized knowledge that the top level might not have and because of that, this approach might not be effective. According to that, the answer is that this scenario is wrong because the self-driving vehicle industry is changing too much for the top-down approach to be effective.
Answer:
15%
Explanation:
If Miranda works 40 hours a week at a wage rate of $25. and she however calculates that on the last hour that she works, she pays $3.75. then her marginal tax rate is derived as follows
<em>The marginal tax rate is the incremental tax paid on incremental income.</em>
From the scenario, we are given the following:
Weekly wage rate is $25.
Weekly tax pay is $3.75
Hence, Marginal tax rate can be computed as = $3.75 / $25 = 15%
Answer:
my baby daddy.
Explanation:
I forgot to take the pill :(
