Answer:
The answer is $48.
Explanation:
20% of $200 is 40. So the total amount they will pay is $240. Since there will be five payments you divide this by five. That makes %48.
Answer:
The answer is 5.47 percent
Explanation:
Firstly, we find coupon payment (PMT).
it can be gotten from the price (present value) of bond formula:
PV = PMT/(1+r)^1 + PMT/(1+r)^2 ....... PMT + FV/(1+r)^n
N = 10.5 years
1/Y = 6.2 percent
PV = $945
PMT = ?
FV = $1000
Using a Financial calculator to input all the variables above,
Annual PMT = $54.72
Semi annual will be $54.72/2= $27.36
Coupon rate is Annual PMT /par value
= $54.72/1000
0.0547 or 5.47 percent
Ice Cream. E<span>lasticity is higher when the good are luxuries and ice cream has </span>to actually be made.
Answer:
It is better for Frank, to go for a line of credit
Explanation:
It is better for Frank, to go for a line of credit, as this will enable him to have the lowest interest payment. This will also help him to draw for his services and also enable him to be repaying the in small amounts so that the operations are not affected.
Answer:
<u>a. High inflation rates</u>
Explanation:
Note that<em> a major role of a corporate finance manager </em>is to maximize the profits of a business by providing advice as to mergers as well as buying and selling financial products.
Therefore, according to reports David Jimenez in the early 1980s was faced with the problems of high inflation rates which meant a rise in the cost of production etc for companies or businesses under his care.
