Answer:
7.31%
Explanation:
The question is pointing at the bond's yield to maturity.
The yield to maturity can be computed using the rate formula in excel as provided below:
=rate(nper,pmt,-pv,fv)
nper is the number of times the bond would pay annual coupons which is 31
pmt is the annual coupon payment i.e $1000*8.0%=$80.00
pv is the current price of the bond which is $1,084
fv is the face value of the bond which is $1,000
=rate(31,80,-1084,1000)=7.31%
The yield to maturity is 7.31%
That is the annual rate of return for an investor that holds the bond till maturity.
Given:
salary: <span>$10.50 an hour
25 hours a week
expenses:
Cellphone bill: $65/month
car insurance: $1,200/yr
*20% taxes.
There is no specific question but I will solve for Marcus net earnings for the year.
25 hours/week * 52 weeks/yr = 1,300 hours/year
Wages: 10.50 per hour * 1,300 hours/year = $13,650 Gross salary per year
Taxes: 13,650 * 20% = 2,730
13,650 - 2,730 = 10,920 net salary for the year
Cell phone bill: 65 per month * 12 months = 780
Net salary: 10,920
Cell phone bill (780)
Car insurance: <u> (1,200)</u>
Net Income: 8,940 per annum.
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Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: Option (c) is correct.
Explanation:
Correct option: Unplanned inventory investment.
Unplanned inventory investment is a component of investment spending. The other component of investment spending is planned inventory investment.
Unplanned inventory investment occurs when actual sales are more or less than the company's expected sales which results in unplanned changes occurred in the inventories.
Hence, in the Keynesian-cross model, actual expenditures differ from planned expenditures by the amount of Unplanned inventory investment.