Answer:
Price of bond = $ 924.50
Explanation:
<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>
Value of Bond = PV of interest + PV of RV
The price of the bond can be worked out as follows:
Step 1
PV of interest payments
annul interest payment = 6.4 % × 1,000 = 64
Annual yield = 7.5%
Total period to maturity (in years) =10
PV of interest =
64 × (1- (1.075)^(-10)/)/0.075= 439.30
Step 2
PV of Redemption Value
= 1,000× (1.075)^(-10) =
485.19
Step 3
Price of bond
439.30 + 485.19 =$924.49
Price of bond = $ 924.50
Answer:
Explanation:
The following reasons are all examples of financial obstacles to a career plan...
- I was unable to save enough money to pay for college.
- The bank did not approve my loan application to fund my new company.
- I applied for but did not receive a college scholarship.
All of these examples, make it difficult for the individual to pursue the career that they want due to a lack of finances. This includes both going to college to pursue learn and enter the job world that you want as a career as well as forming a company and entering the market that you want as a career as an entrepreneur.
Answer:
Bump clause
Explanation:
A bum clause is a clause that is used in real state transactions that allows the sellers to get into a contract with a buyer while allowing them to maintain the property in the market and if they get another offer, they have the right to take it. This is generally used when buyers include conditions like selling their home first to allow the seller to keep looking for another opportunity.
According to this, the answer is that the type of clause that enables a seller to keep a property on the market after receiving a contingent offer, and to accept an offer from a second buyer is a bump clause.
Frank cannot claim Anna or Marvin as a dependent.
Explanation:
Because Frank gives Anna and Marvin every support, support tests are straightforward.
Anna earns revenue in excess of $4200 and can not therefore be requested as dependent. In fact, Marvin does not stay with Frank and can not therefore be stated as dependent.
The income tax credit, EITC or EIC is a bonus to low- and moderate-income employers. To apply, you must fulfill certain criteria and file a tax report, even if you are not obliged to pay a bill. The level of tax you pay is lowered by the EITC and a refund is probable.
Answer:
A. positive cash flow of $ 20 comma 900 from investing activities
Explanation:
book value - sales price = loss on sale
30,900 - sales price = 10,000
30,900 - 10,000 = sales price
sales price = 20,900
Assumming the purchase was on cash, it will be disclosure as cash generated from investing activities for 20,900
The reason is that cashflow do not focus on the gain or loss from the sale. It focus on the cash movements and this sale involve a cashinflow of 20,900
