Answer:
The amount customers are expected to pay $7600 per bond
Explanation:
8M implies that the municipal bond has $8000 as its par value.
The amount a customer would is 95% of the par value
Hence, customers are expected to pay $7600 (95%*$8000)
For instance a 5M at 105 means that the par value of the bond is $5000 but issued at 105%, which translates into $5250 without considering commissions as well as the accrued interest on the bond which might also be factored into the price.
Answer:
a. $58,400
Explanation:
A discounted note, will make the person receive a lesser amount than the amount due at maturity. This way the person who grants the note is receiving interest for borrowing.
<em><u>Calculations</u></em>
principal x discount rate x time = discount
<em><u>Where</u></em> rate and time should be expressed in the same metric IE if the rate is annual express time in portion of years if it is monthly, in months.
60,000 x 0.08 x 120/360 = 1,600
Now, we subtract this amount form the nominal:
nominal - discount = net
60,000 - 1,600 = <u>58,400</u>
Answer:
A programmer, a web designer, and a data analyst.
Explanation:
The programmer creates the sales system application. He will integrate key functionalities in the new software that will meet the companie's unique need.
The we designer will create a website that will give easy access to the newly developed sales system application. This will also involve content creation and user interface creation.
Data analyst will be in charge of managing client's data. Making sure data is secure and in a form that can be easily accessed and used.
Real estate attorney is the point in the residential selling process does the real estate professional prepare a comparative market analysis.
Real estate is property that consists of land and buildings on it, as well as natural resources such as crops, minerals and water. real property of this kind; a related interest in property, buildings, or dwellings in general;
Property is private property in the form of buildings or land. Property can be for residential, commercial or industrial use and includes any land-based resource such as water or minerals.
Real estate is generally a great investment opportunity. It can generate ongoing passive income and can be an excellent long-term investment if the value increases over time. It can also be used as part of an overall strategy to start building wealth.
Learn more about real estate here:brainly.com/question/5053499
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Answer: $144,936
Explanation:
First start by removing the initial debt from the initial basis so as not to inflate the basis.
= 118,800 - 11,880
= $106,920
That is the Initial basis void of debt.
Then add anything that will increase the basis and remove anything that will reduce the basis. Income and debt generally increase the basis while dividends or cash Distributions reduce them.
The Ending basis is therefore,
= Pre debt Initial basis + Partnership Income + ending debt + Nontaxable income - Cash Distribution
= 106,920 + 47,520 + 17,820 + 2,376 - 29,700
= $144,936
Barnaby's basis at the end of the tax year is $144,936.
