Answer:
7.43%
Explanation:
Where the debt is publicly traded , the cost of debt is equal to the yield to maturity
Approximate yield to maturity = [coupon +(face value - market price )/ number of years to maturity ]/ [{face value + market price]/2]*100
Face value - 2000
Market price - 1905
years to maturity= 30 years
Coupon =( 6.9%*2000)/ 2 = 69
Workings
[69 + (2000-1905)/30] / [(2000+1905]/2 *100)
([69+3.17]/[(3905]/2*100)
(72.17/1952) * 100 = 3.70
Annual yield = 3.7*2= 7.4%
7.4 % being an approximate yield value , the closest option is 7.43%
Answer: yes! Aww thanks, you too :))
Explanation: have a great day!!
Answer:
$15 million
Explanation:
The three investors' total investments would add up to 100% or 1.
The first two invested in the ration of 2:3
It means ;
Investor 1: 2/5
Investor 2: 3/5
If investor 3 invested twice as investor 1 and 2, then we can deduce that he invested ( 2/5 + 3/5) x 2
the new denominator is 10, meaning
Investor 1 had 2/10,
investor 2 had 3/10
investor 3 had 5/10
If total investments were $30 million, then the highest investor invested
5/10 x $30million
=0.5 x $30 million
=$15 million
<u>Explanation</u>:
A trade school is becoming popular this because it serves as a home to acquire technical education.
Thus anyone who wants to learn a skill having no prior experience is a best fit for trade school. A major benefit of the trade school is that it provides practical lessons to students, often times they are grouped together in peers for projects which encourages group learning.
An equality and diversity policy is basically a written agreement for your organization on how you will avoid discrimination and provide a safe and inclusive environment for your members and service users.
<h3>What is meant by currency of a plan?</h3>
The currency in which the Policy is denominated, as described in the Policy Schedule, is referred to as the Policy Currency.
The assessment of the currency of diversity plan or policy therefore, is the process of ensuring that a diversity policy or plan is up to date.
Learn more about diversity plans:
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