1) Answer: When the required return is equal to the coupon rate, the bond value is equal to the par value,
2) if the required return is less than the coupon rate the bond will sell at a premium.
Explanation:
1) The reason for this that the required return is the market or investors required rate of return for a particular bond, when the required rate and coupon rate are equal it means that the investor is getting the return he wants in coupon payments, therefore the investor will be willing to buy the bond on par value, as he is getting his required return in the form of coupon payments.
2) When the required return is less than the coupon rate the investor is getting more in coupons than he required from the bond so the bonds price will be higher than par so that the return from the coupons become equal to the required rate of return. Thats why when a bonds required return is less than the coupon it sells on a premium.
Answer:
because he was not a big boss voting in his own version and was just about the same questions that he was doing in his first place to help him out
Capacity conciderations in a hospital are:
Productions and Operations Management
The distribution of income in the United States has become less equal over the last 20 years. This means that the difference between the rich and the poor has grown. It could mean that the rich have started getting more money while the poor get what they used to get, or even less. In any case, the gap between their income has changed greatly during this time period.
Answer:
1.37
Explanation:
Given that
Operating income = $45,900
Variable expenses = 10%
Fixed expenses = $17,100
The calculation of operating income is shown below:-
Contribution margin = Operating income + Fixed expenses
= $45,900 + $17,100
= $63,000
So, Operating leverage = Contribution margin ÷ Operating income
= $63,000 ÷ $45,900
= 1.37
