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Ronch [10]
3 years ago
7

In 2004, Jamal lost his job as a shipbuilder. His shipyard never reopened, and his very specialized skills as a shipbuilder were

no longer in demand. Jamal's unemployment is best classified as _____.
Business
1 answer:
MrMuchimi3 years ago
7 0

The best way to describe Jamal's unemployment would be <u>Structural</u>

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5 0
3 years ago
Which are questions financial managers ask when considering long-term financing? (Select all that apply)
tensa zangetsu [6.8K]

The questions asked by financial managers are:

  • What funds do we need to achieve the firm's long-term goals and objectives?
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5 0
2 years ago
Assume the current Treasury yield curve shows that the spot rates for six​ months, one​ year, and one and a half years are 1 %1%
Ludmilka [50]

Answer:

present value of bond = $1042.96

Explanation:

given data

spot rates for six​ months = 1%

spot rates for one and = 1.1%​

spot rates for one and half years = 1.3%​

price = $1000

coupon bond = 4.25%

time = 6 month

solution

we get here first price on bond paid that is

coupon paid = $1000 × 4.25 × 0.5   = $21.25

we get here present value of 6 month and 1 year and 1 and half  year

present value  =   \frac{coupon\ payment }{(1+\frac{spot \ rate}{2})^t}     ..............1

present value of 6 month = \frac{21.25}{(1+\frac{0.1}{2})^1}    = 20.23

present value of 1 year = \frac{21.25}{(1+\frac{0.011}{2})^2}   = 21.01  

present value of 1 year and half year = \frac{21.25}{(1+\frac{0.013}{2})^2}   =  20.97

and

now we get present value of par value in 1 and half year

present value of par value in 1 and half year = \frac{par\ value}{(1+\frac{spot rate}{2})^3}  

present value of par value in 1 and half year = \frac{1000}{(1+\frac{0.013}{2})^3}

present value of par value in 1 and half year = 980.75

so

present value of bond will be as

present value of bond = 20.23 + 21.01 + 20.97 + 980.75

present value of bond = $1042.96

5 0
3 years ago
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