Answer:
Explanation:
a)
The YTM of the bond at par value is equals to its coupon rate, 8.75%. Other things being equal, this 4% coupon rate bond will be more eye-catching as the coupon rate is lower than the current market yields, and its price is far below the call price. So, if yields drop, capital gains on the bond will not be restricted by the call price.
b)
If an investor foresees that yields will fall considerably, the 4% bond proposes a better expected return.
c)
Implicit call protection is offered in the sense that any likely fall in yields would not be nearly enough to make the firm consider calling the bond. In this sense, the call feature is almost irrelevant
Answer:
b. Jim may have been misrepresented in the story by the newspaper agency and the company might face legal consequences.
Explanation:
Jim has the right to take legal action against the company for releasing the story. The investigation had not been completed and all facts had not been established by the company.
Also the newspaper did not contact Jim to get his own side of the story before publishing, that could have revealed pertinent information about the case.
A. A trade surplus is when a country exports more than it imports, while a trade deficit happens when imports exceed exports.
your current salary is $61,950.00. if you received a 5% raise last year then your salary last year before raise was 58,853.
Five percent of 61,950 is 3097 and after subtracting 3097 with the current salary we get 58, 853. Hence 58,853 was the salary before the raise.
The formula to calculate the pay raise in the salary is:
new salary = old salary + old salary * raise %
If you know the raise percentage and want to determine the new salary amount:
Convert the percentage into decimal form.
Multiply the old salary by this value.
Add this new value to the old salary.
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