Answer:
<em>The current market price for the bond is $903.05</em>
Explanation:
<em>Steps taken to arrive at the current market price of the bond</em>
<em>Recall PV=present value</em>
<em>face value=$1000</em>
<em>percent bond=4.5,</em>
<em>A semiannual interest payments of 7 years, yielding a maturity rate of=6.23%</em>
<em>PV = [(.045 × $1,000)/ 2] ×{(1 - {1 / [1 + (.0623/ 2)]14}) / (.0623 / 2)} + $1,000 / [1 + .0623 / 2)]14
</em>
<em>PV = $903.05</em>
Solution:
Reducing hours would reduce demand for commercial revenue hours by 20%, from 138 hours to 110 hours. At that level, the total contribution would be:
110 hours x ($800 - $71.5) = $80,135 or $20,398 less than at present.
Raising the cost to $1,000 per hr for commercial clients would less demand by 30%. In March, the request had been for 138 hrs and a loss of 30% will also end up leaving 97 hrs of demand (138 hrs x 70 = 96.6 hrs).
Demand x Contribution per hour = Contribution 97 hours x ($1,000 - $71.50) = $90,064.5
Compare to present:
138 hours x ($800 - $71.50) = $100,533
The monthly contribution to fixed costs and income at $800 is greater by $10,469 than the contribution expected at $1,000. Therefore, the income will be higher if we retain the $800/hour price.
Answer:
a. The demand curve facing a monopolistic competitor in a market where all producers charge different prices becomes less elastic when it engages in international trade - Disagree
This statement is not true. If a monopolistic competitor engages in international trade, it will meet more competition, meaning that the audience (demand) that it has is more sensitive to prices, because they have more options available.
b. According to the gravity equation, countries closer to each other trade more - Agree
The gravity equation tells us that the volume of international trade is correlated with geographical proximity and economic size. That is to say, the closer and larger two economies are, the more international trade they engage with each other.
c. The only gain from trade in monopolistic competition in trade is lower prices - Disagree
Gains are the most important in lower prices, but there are also gains in competitiveness and quality.
d. The closer to 1 the index of intra industry trade is, the greater the difference between exports and imports of the same goods. - Disagree
An index of intra industry trade of 1 indicates that the country imports and exports roughly the same amount for a particular type of goods (the goods that belong to that industry). Hence, the statement is not true.
The process of improving the competencies, team member interaction, and overall team environment to enhance project performance is known as developing Project Team.
Project performance control is the process of creating, implementing, and handling projects that make contributions to the performance of a business enterprise and its method. In place of specializing in project execution, mission overall performance management is ready for the bigger picture.
There are 5 key procedures worried in development and performance measurement: progress dimension making plans, performance size planning, development, and overall performance size execution, monitoring and management, and dimension closure.
A project performance domain is described as a set of related activities which might be crucial for the powerful shipping of challenge results.
Learn more about project performance here brainly.com/question/26402160
#SPJ4
For simplicity, we will assume 52 weeks in a year (instead of 365 days).
The rate of interest per week actually charged is
Effective Annual Rate (
EAR) is obtained by <em>compounding</em> the weekly rate for one year (52 weeks)
=
4454629.97%note: most calculators may not display this value with sufficient accuracy.
The corresponding
APR is obtained by <em>multiplying</em> the weekly rate by 52
=1188.57%
