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Marina CMI [18]
3 years ago
8

You own a bond that has a duration of 6 years. Interest rates are currently 7%, but you believe the Fed is about to increase int

erest rates by 25 basis points. Your predicted price change on this bond is ________.
Business
1 answer:
marissa [1.9K]3 years ago
7 0

Answer:

-1.18%

Explanation:

The calculation of predicted price change on this bond is given below:-

Percentage change in price = Modified duration × Change in yield

Modified duration = Duration ÷ (1 + yield)

= 6 ÷ 1.07

= 5.6075

Now, we will put the value into formula,

Percentage change in price= - 5.6075 × 0.21%

= -0.0118

= -1.18%

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A contractor estimated that his 10-men crew could complete the construction in 110 days if there was no rain. (Assume the crew d
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Answer:

option (B) 5

Explanation:

Given:

Estimated number of men required if no rain = 10

Number of days required in there is no rain = 110

Number of days with rain = 5

Number of people hired after the 61st day = 6

Therefore,

Total man-days required = 10 × 110 = 1100

Total Man-days before 61st day

= (60 days - number of days with rain ) × Initial number of men

= ( 60 - 5 ) × 10

= 550

let the number of days it rained after day 60 be 'n'

Thus,

Man-days worked after 61st day

= Total number of men after 61st day × ( 100 days - 60 days - x )

=  16 × (40 - n)

also,

Total man-days required = Total Man-days before 61st day + Man-days worked after 61st day

or

1,100 = 550 + 16 × ( 40 - n )

or

550 = 640 - 16n

or

n = 5.625

therefore,

It rained for 5 days

option (B) 5

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aleksandrvk [35]

Answer:

If it satisfies the definition of an element and is also measurable with a high degree of reliability and accuracy

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According to the governing body the Governmental Accounting Standards Board, an item is only accepted in the face of a financial statement if it satisfies the characteristics of an element and must be measurable. The level of accuracy and reliability in these measures must also be high.  

When there is any item found in the financial statement that lacks clarity, it is important to tag the statement with a note disclosure stating what is not clear to you. If this is done, the user is able to understand each items in the statement.

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I think Computer Fonts.
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When it comes to Extended Reality (XR) in business, what fact differentiates Accenture from other companies?.
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The fact that differentiates Accenture from other companies is that its has acquired Microsoft's XR division to create a new platform which will change the way businesses interact.

<h3>What are Extended reality?</h3>

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In conclusion, the fact that differentiates Accenture from other companies is that its has acquired Microsoft's XR division to create a new platform which will change the way businesses interact.

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