Answer:
c. 108.3
Explanation:
Calculation to determine what The value of the CPI in 2004 was:
Using this formula
Consumer Price Index (CPI) 2004 = (2004 Basket cost / Base year basket cost) x 100
Let plug in the formula
Consumer Price Index (CPI) 2004 = (650 / 600) x 100
Consumer Price Index (CPI) 2004 = 108.3
Therefore The value of the CPI in 2004 was:108.3
Money supply = Currency in circulation + Checkable deposits.=600 + 900 = 1500 Billion
Current deposit ratio = Currency in Circulation/ Checkable deposits. = 600/900 = .667
Excessive reserve ratio = Excess Reserves/Checkable deposits.= 15/900 = .0167
Money multiplier = (1 + C)/(rr + ER + C)= (1 + .667)/ (.0278 + .0167 + .667) = 2.343
Answer:
coupon rate= 13.5%
Explanation:
Giving the following information:
Number of periods= 5*2= 10 semesters
Par value= $1,000
YTM= 0.1/2 = 0.05
Price bond= $1,136
<u>To calculate the coupon rate, first, we need to determine the coupon per semester using the following formula:</u>
Bond Price= coupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
1,136 = coupon*{[1 - (1.05^-10)] / 0.05} + [1,000/(1.05^10)]
1,136 = coupon*7.722 + 613.91
522.09 = coupon*7.722
$67.61=coupon
<u>Now, the coupon rate:</u>
Coupon= par value*(coupon rate/2)
67.61= 1,000*(coupon rate/2)
67.61= 500coupon rate
0.135=coupon rate
coupon rate= 13.5%
+ is you know what you are looking for in life, what are your goals and what you need to do to achieve them.
- is getting bored soon (changing your mind), and not enjoying your childhood.
I hope i helped :)
Answer:
If X Company uses the units of production method for calculating depreciation, depreciation expense in 20X3 will be (rounded):
$45000
Explanation:
Cost 360000
Accum. Depre 90000
Usefull life 7
Produce 1 20000
Produce 2 10000
Produce 3 50000
80000
Deprec=cost/unit
Depre=360000/80000
Depre= 4,5
Produce 2012 20000 4,5 90000
Produce 2013 10000 4,5 45000
Produce rest 50000 4,5 225000
80000 4,5 360000