Answer:
6.35%
Explanation:
If you purchase this bond you will need to pay $1,000 x 136.04% = $1,360.40
the coupon rate is 9.5% / 2 = 4.75% or $47.50 every six months
the bond matures in 18 years or 36 semiannual periods
yield to maturity = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]
YTM = {47.5 + [(1,000 - 1,360.4)/36]} / [(1,000 + 1,360.4)/2]
YTM = 37.49 / 1,180.2 = 0.031766 x 2 (annual yield) = 0.06353 = 6.35%
Answer:
<u>external report</u>
Explanation:
Note that, the manager prepared a report which he later presented to the stockholders of the company; meaning he gave the report to an outside party.
Remember, external reports are usually given to investors to know the financial condition of the company. Thus, the shareholders would need the report in order evaluate the financial condition of Fazer Technologies Inc.
Answer:
b. a representation of a theory or a part of a theory
Explanation:
A model is different from theory because is a more applied and empirical representation of a situation while the theory is more abstract. An economic model is a simplified prediction of a complex and real economic behavior, it uses variables to analyze different scenarios, it also uses logical and quantitative relationships between economic processes, is usually mathematical. <em>The results of these models can lead to a new investigation, theorization or to prove theories.</em>
I hope you find this information useful and interesting! Good luck!
Answer:
Pre-tax = 17.62%
After tax = 12.60%
Explanation:
The pre-tax return is determined by the difference from selling and purchase price, added to received dividends, and then divided by the purchase price:
For the after-tax return rate, correspondent dividend and long-term capital gains taxes should be considered:
![R_{AT} = \frac{[(117-101)*(1-0.30)]+[1.80*(1-0.15)]}{101}\\R_{AT} =0.1260=12.60\%](https://tex.z-dn.net/?f=R_%7BAT%7D%20%3D%20%5Cfrac%7B%5B%28117-101%29%2A%281-0.30%29%5D%2B%5B1.80%2A%281-0.15%29%5D%7D%7B101%7D%5C%5CR_%7BAT%7D%20%3D0.1260%3D12.60%5C%25)
