Answer:
The quoted price of the bond is $1,748.41
Explanation:
The quoted price of the bond can be computed using the pv formula in excel which is given below:
=-pv(rate,nper,pmt,fv)
The rate is semiannual yield to maturity since the bond pay interest semiannually,which is 6.9%/2=3.45%
nper is the number of coupon interests the bond would pay over its entire bond life which is 24 years multiplied 2 i.e 48
pmt is the coupon interest payable semiannually which is $2000*5.82%/2=$58.20
The fv is the face value of the bond at $2000
=-pv(3.45%,48,58.20,2000)=$ 1,748.41
The bond quoted price is currently $ 1,748.41
<span><span>- Physical inactivity and stress. </span>
- </span>Smoking and alcohol consumption.
Given Information:
P = $14,500
r = 8 %
Period = 12 years
Required Information:
Equivalent annual cost = ?
Answer:
Equivalent annual cost = $1,924
Explanation:
The equivalent annual cost EAC is often used to compare assets which have unequal useful life spans in order to make more cost effective decisions.
The equivalent annual cost can be found by using the following equation:
Equivalent annual cost = Present value*r / 1 - (1 + r)⁻ⁿ
Equivalent annual cost = 14,500*0.08/1 - (1+0.08)⁻¹²
Equivalent annual cost = $1,924
Answer:
medium of exchange. since it is being offered in exchange for the car
Answer:
B) Intrapreneur
Explanation:
Intrapreneurs: This refers to an employee or group of employees of a business firm, who is saddled with the responsibility of working on a special projects. They do not work alone,they have the business firms resources at their disposal.
Bela is an intrapreneur because she has been given the responsibility of working on a special projects where the use of chemicals will be avoided in the packaging of food. They are given the freedom and time to work on the project.
Intrapreneurs are responsible for developing an existing business unlike enterpreneurs who starts a business firm from the beginning. They are involved in the use of their skills, technologies, policies to improve on the services provided by a firm. They are likely to become managers overtime.
