Answer:
8.99%
Explanation:
For this question we use the PMT function that is presented on the excel spreadsheet. Kindly find it below:
Given that,
Present value = $975
Future value = $1,000
Rate of interest = 9.25% ÷ 2 = 4.625%
NPER = 25 years × 2 = 50 years
The formula is shown below:
= PMT(Rate,NPER,-PV,FV,type)
The present value come in negative
So, after solving this, the PMT is $44.96
Now the annual PMT is
= $44.96 × 2
= $89.92
So, the coupon interest rate is
= $89.92 ÷ $1,000
= 8.99%
Answer:
The profit for an investor who has $500,000 available to conduct locational arbitrage is $1,639.
Explanation:
Bank A has a ask rate of $0.305, so the investor can exchange his $500,000 at Bank A and get = $500,000/$.305 = MYR = 1,639,344
Bank B has a bid rate of $0.306, he can invest 1,639,344= 1,639,344 × $.306 = $501,639.
501,639 - $500,000 = $1,639.
Thus, the profit is $1,639.
Some hotels ask their guests to rate the hotel's services as excellent, very good, good, and poor. This is an example of the ordinal scale.
What is ordinal scale and instance?
“Ordinal” indicates “order”. Ordinal information is quantitative information which have clearly happening orders and the distinction between is unknown. it could be named, grouped and also ranked. as an example: “How satisfied are you with our products?”
What is supposed by using ordinal scale?
The Ordinal scale includes statistical facts type in which variables are so as or rank however with out a degree of distinction between categories. The ordinal scale incorporates qualitative information; 'ordinal' that means 'order'. It places variables in order/rank, only allowing to measure the value as better or lower in scale.
What type of scale is ordinal?
The ordinal scale is the 2d degree of dimension that reports the ordering and ranking of records with out establishing the degree of version between them. Ordinal represents the “order.” Ordinal records is known as qualitative data or specific statistics. it is able to be grouped, named and additionally ranked.
Learn more about ordinal scale here :- brainly.com/question/13267344
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Answer:
Without technology we can’t improve our life. And without improving technology we are stuck. Technology is solving all kinds of problems in the world. You can’t remove the problems, there will still be here even if you stop improving technology. And if you solve them, more problems will come. So technology is used to continuously solve problems, to improve people’s life, economy, education, and so on. What I think is that technology is one of the pillar of world development. If you remove it, everything else will fall.
Answer:
Explanation:
The <em>price</em> of a <em>stock</em> can be modeled by the present value of the stream of future <em>dividends</em> discounted at a rate equal to the<em> return expected</em>.
The equation, when the dividends are expected to <em>grow</em> at a constant rate, less than the return rate is:
Where:
- Price₀ is the <em>current price</em>: $44.12
- Div₁ is the <em>dividend </em>to be paid a year from now: $0.46 × 1.145 = $0.53
- g is the expected constant <em>growth rate</em>: 14.5% = 0.145
- r is the <em>expected return</em>
Then, you can solve for r:
