Answer:
Bond Price= $1,156.33
Explanation:
Giving the following information:
Number of periods= 15*2= 30 semesters
Cupon= (0.087/2)*1,000= $43.5
YTM= 0.07/2= 0.035
Par value= $1,000
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 43.5*{[1 - (1.035^-30) / 0.035]} + [1,000 / (1.035^30)]
Bond Price= 800.05 + 356.28
Bond Price= $1,156.33
Answer: Price of cereals must fall by 12%
Explanation:
A 10% rise in the price of milk will lead to a fall in quantity demanded by =-0.9 * 10= 9%.
To prevent the demand for cereals from falling by 9%, the price of cereals must fall by
Thus, to offset the effect of a 10% rise in price of milk, the price of cereals must fall by 12%.
Answer:
a lot of competition from other artists that also have similar skills as Natalie.
Explanation:
The problem that Natalie is facing is that there is too much competition in the theater industry and jobs are scarce. The supply of talented artists is much higher than the demand, therefore, she is only able to earn a small amount of money.
I think it’s B: the 529 college savings only
Answer:
Short 1 ABC Jan 30 Call
Explanation:
Investors create a "bear call spread" by first purchasing a call option at a certain price (in this case 40), and then selling an equal amount of calls with a lower price (in this case 30). Both call options expire must expire at the same date. The investors will do this because they believe that the price of an asset will decrease, that is why it is called a bear spread.
