Answer:
$12.53
Explanation:
Data provided in the question
Par value = $1,000
Coupon rate = 2.5%
Reference CPI = 204.89
Now CPI = 205.44
By considering the above information, the correct calculation of the current interest payment is
= Par value × Current CPI ÷ Reference CPI × Coupon rate ÷ 2
= $1,000 × 205.44 ÷ 204.89 × 2.5% ÷ 2
= $12.53
We assume the interest is on semi annual payments
Answer:
Elastic demand
Unit elastic demand
Inelastic demand
Explanation:
Elasticity of demand measures the degree of responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price.
Denand is elastic if when price is increased, the quantity demanded changes more than the increase in price. Quanitity demanded is more sensitive to changes in price.
If price is increased, the quantity demanded falls and as a result the total revenue earned by sellers falls.
The elasticity of demand is usually greater than 1 when demand is elastic.
Demand is unit elastic if a change in price has the same proportional change on quantity demanded. The coefficient of elasticity is equal to one.
If price is increased, the quantity demanded changes by the same proportion so there's no change in total revenue of sellers.
Demand is inelastic if a change in price has little or no effect on quantity demanded.
Coefficient of elasticity is usually less than one.
If price is increased, there is little or no change in the quantity demanded and as a result the revenue earned by sellers increase.
I hope my answer helps you
Answer:
$0.6
Explanation:
Nominal interest rate (i) = 9% = 0.09
Output (Y) = 1,000
Money supply(M) = 1,200
==> (M/P)^d = (0.6Y) / i^(1/2)
==> 1200/P = 0.6*1000 / 0.09^(1/2)
==> 1200/P = 600 / 0.3
==> 1200/P = 2000
==> 1200 = 2000 * P
==> P = 1200/2000
==> P = $0.6
Therefore, the price level is $0.6
What are the sequence of traditional law of production
Jeffries Corporation's Operating Income from the two products is <em>A. $35,000.</em>
The operating income is the difference between the revenue and operating costs (variable and fixed costs).
Data and Calculations:
Product A Product B Total
Revenue $18.00 $21.00
Variable cost 14.00 13.00
Contribution $4.00 $8.00
Fixed costs $143,000
Total sales units 35,600
Sales mix 3 1 4
Sales units 26,700 8,900 35,600
Total contribution$106,800 $71,200 $178,000
Total fixed costs 143,000
Operating income $35,000
Thus, the operating income is $35,000.
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