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Rina8888 [55]
2 years ago
6

Hyacinth buys a $10,000 face value bond for $9,250. If the interest rate on similar bonds rises by 2%, what is the approximate p

rice of the kind of bond that Hyacinth purchased?
Business
1 answer:
icang [17]2 years ago
5 0

Answer:

$9,435

Explanation:

If 100% of $10,000 face value gives the bond for $9,250

Then for 2% rise, that is, 102%  of the bond will purchase = 102 X $9.250/100 = $9,435

∴ The approximate price of bond purchased = $9,435

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If your answer is zero, enter "O". a. Under a 2017 divorce agreement, Joan is required to pay her ex-husband, Bill, $2,340 a mon
scoundrel [369]

Answer:

$2,400 in 2019 are deductible as alimony.

Step-by-step explanation:

Hillary get divorced in the year = 2016

She has to pay her ex-spouse $200 per month until her son reaches 18 years of age in 7 years.

His son will reach of the age of 18 = 2016 + 7 = 2023

She has to pay $200 till 2023 and $120 thereafter.

Her payments are deductible as alimony in 2019 would be = $200 × 12

                                                                                                 = $2,400

$2,400 in 2019 are deductible as alimony.

4 0
2 years ago
The market demand curve for a normal good will shift to the left ​(decrease​) when the price of a substitute good ▼ increases de
suter [353]

1. decreases 
2. increases3. decreases
4. decreases  
The answers here require you to understand the terms involved. So let's look at the options and see what is what.  
1. The price of a substitute good â–Ľ increases decreases​ 
* A substitute good is some good that can be used as a substitute for another good. So if that substitute becomes cheaper, it will be used more as a substitute for the original good. So the answer is "decreases"  
2. The price of a complementary good ▼ decreases increases​,
 * A complementary good is a good that's used in conjunction with another good. Something like milk and cookies. As more cookies are consumed, more milk is desired to go along with the cookies. So increasing the price of the complementary good will decrease the demand of the other good. So the answer is "increases"  
3. Consumer income â–Ľ increases decreases 
* If the consumer has less money to spend, then spending on non-essential goods will decrease. So the answer is "decreases".  
4. Population â–Ľ decreases increases 
* A smaller population is a reduced consumer base, so fewer goods are purchased. The answer is "decreases"
7 0
3 years ago
Which one of the following statements best defines the efficient market hypothesis? A. Efficient markets limit competition. B. S
lubasha [3.4K]

Answer:

The correct answer is letter "D": All securities in an efficient market are zero net present value investments.

Explanation:

The Efficient Market Hypothesis (EMH) states that neither public or insider information cannot help in an attempt to beat the market because stocks already show all available information possible. Thus, neither using technical or fundamental analysis could be useful to predict future stock price movement.  

<em>In other words, in a market under EMH all stocks are zero Net Present Value (present value inflows minus present value outflows) investment vehicles.</em>

5 0
3 years ago
The quantity supplied: is the amount that buyers are willing and able to buy at a particular price. shows how much sellers are w
asambeis [7]

Answer:

is the amount that sellers are willing and able to sell at a particular price.

Explanation:

Quantity supplied refers to the amount of goods sold or supplied at a particular price by the sellers in the market. According to the law of supply, there is a positive relationship between the price of the commodity and the quantity supplied of that commodity.

This indicates that an increase in the price of the commodity will lead to increase the quantity supply of the commodity and a decrease in the price of the commodity will lead to decrease the quantity supplied of the commodity.

7 0
2 years ago
Which of the following attributes of a competitor is important in strategic planning?
emmasim [6.3K]
I think the answer is all of the above
8 0
2 years ago
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