Answer:
$781.99
Explanation:
The price of the bond can be computed using excel pv function given below:
=-pv(rate,nper,pmt,fv)
rate is the semiannual yield to maturity i.e11%*6/12=5.5%
nper is the number of semiannual coupons the bond would i.e 30 semiannual coupons in 15 years
pmt is the amount of semiannual coupon=$1000*8%*6/12=$40
fv is the face value of $1000
=-pv(5.5%,30,40,1000)=$781.99
Answer:
c.Rents occur at the beginning of each period of an annuity due.
Explanation:
First, know the difference between Ordinary annuity and Annuity due.
In Ordinary annuity, recurring payments occur at the end of the payment period; for example at the end of every month, end of ever year , end of every quarter etc.
On the other hand, in the case of Annuity due, the recurring payments occur at the beginning of the period like at the beginning of the month, beginning of the year;Jan 1st, or beginning of every quarter
In the case of rent, tenants pay rent at the beginning of each month making this type of payment an Annuity Due.
used cars can require repairs sooner warranties can be very limited used cars can have lower initial cost unexpected issues may arise
hope this helps <3
Answer:
The correct answer is letter "A": analyzing potential mergers.
Explanation:
Operations managers are those in charge of planning, studying, and analyzing all the steps regarding the processes of production of a company. They supervise if the companies have enough raw materials for manufacturing, organize the labor responsible for the production, and evaluate any problem born because of the operational activities of the business.
<em>Analyzing potential mergers is an event likely to be evaluated by the Chief Executive Officer (CEO) of a firm along with the Board of Directors</em>.
