Answer:
Explanation:
- The Yield to Maturity [YTM] of a Bond is calculated by using the following formula = Yield to Maturity [YTM] = Coupon Amount + [ (Face Value – Bond Price) / Maturity Years] / [(Face Value + Bond Price)/2]
- Where, Coupon amount = $1000 x 7% x ½ = $35
- Maturity Years = 12 years x 2 = 24 Periods
- Yield to Maturity [YTM] = Coupon Amount + [ (Face Value – Bond Price) / Maturity Years] / [(Face Value + Bond Price)/2]
- = $35 + [ ($1,000 – $985.48) / 24 Years)] / [($1,000 + $985.48) / 2]
- = [($35 – 0.605) / 992.74] x 100 = 3.46%
The Yield-to-Maturity (YTM) of this Bond = 3.46%
The establishment clause of the First Amendment is concerned with religion. C
Answer:
time period is 14.17 years
Explanation:
given data
principal P = $340,461
future value FV = $1000000
rate r = 8% = 0.08
to find out
time period t
solution
we will apply here future value formula that is
future value = principal × ..........................1
put here value and we get
$1000000 = $340,461 ×
2.9371 =
take ln both side
ln 2.9371 = t ln(1.08)
1.077 = t × 0.076
t = 14.17
so time period is 14.17 years
Answer: bounded rationality
Explanation: Proposed by Herbert A. Simon, _____bounded rationality_____ means that managers are limited in the extent to which they can use the classical model of decision making, because they only have so much time and ability to process information.
In order words, Simon maintained that individuals do not seek to maximise their benefit from a particular course of action. This is because one cannot take in and process all the information that would be needed to maximize personal benefits, and that even if this was tenable, our minds would not be capable of processing it properly. In summary, the human mind necessarily restricts itself—bounded rationality.
<span>She has a high need for affiliation. She, as shown, is trying to "fit in" with everyone else at the business and needs to be part of all the social groups. In addition, she takes every opportunity to meet with other co-workers outside of the work environment: this shows that she has a need for being a part of a larger group at all times.</span>