Answer:
P = 9359.8
Explanation:
Given:
- YTM = 7.75% = 0.0775
- F = 1000
- Coupon rate = 7.0 percent => Coupon payment is: 1000*7% = 70
As we know that, the formula to find out YTM is:
YTM = [C + (F-P/n) ] / (F+ P) / 2
<=> 0.0775 = [ 70 + (1000 - P/14)] / (1000+P)/2
<=> 0.0775(1000+P) /2 = 70 + (1000 - P/14)
<=> 0.0775(1000+P) = 140 + 2(1000 - P/14)
<=> P = 9359.8
So the price of the $1,000 face value bond is 9359.8
Answer:
Future Value is $35776.902
Explanation:
Given data
saving = $2000
rate = 7 % = 0.07
time = 12 year
to find out
Future Value?
solution
we will apply here future value formula that is
Future Value = saving × (1 + rate)^time - 1 / rate
put all value here and we get
Future Value =2000 × (1 + 0.07)^12 - 1 / 0.07
Future Value = 2000 × 17.888451
Future Value is $35776.902
With everything else remaining constant, an increase in supply will result in a decrease in the equilibrium price and an increase in the amount required.
The equilibrium price will increase as the supply declines, while the quantity needed will go down. Demand and supply forces are balanced at an equilibrium price. Prices have a propensity to return to this equilibrium unless certain demand or supply characteristics alter. When demand, supply, or both move or change, the equilibrium price will change. Price decreases and quantity increases as supply grows. Price increases and quantity declines cause a drop in supply. The equilibrium price rises if the increase in supply exceeds the increase in demand. The equilibrium price falls if the increase in supply is greater than the rise in demand. Equilibrium quantity rises in both scenarios. The equilibrium price and quantity are impacted by upward movements in the supply and demand curves. The equilibrium price rises but the quantity decreases if the supply curve changes upward, indicating that supply declines but demand remains constant. For instance, pump prices are expected to increase if gasoline supply are reduced.
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The answer is "A) the popularity of electronic communication and the Internet".
Electronic communication provides the convenience for people. It leads the conventional newspaper and mail substituted by the electric one. The newspaper has been substituted by the electronic news. The conventional mail has been substituted by<span> social media and e-mail.</span>