Answer: 11.14%
Explanation:
Buying price of bond = $936.05 -PV
Years investment held = n= 5*2
Rate of the Coupon = C = 8.4%
Frequency of payment = m= 2
Annual coupon = $1,000 × (0.084/2) = $42
Realized yield = i
Selling price of bond = PB = $1,048.77 = FV
Enter N= 10, PMT = $42, PV= -$936.05$, FV = 1,048.77
Answer 5.425%
The effective annual yield can be computed as:
EAY = (1+ Quoted m)^m -1
= (1+0.054)^2 - 1
=(1.054)^2- 1
=0.1114= 11.14
Answer: Profit equation is 
Explanation:
Substituting the value of profit and units sold into this equation we can find out the value for b,
So, the profit equation is
Answer:
D. Name mnemonic
Explanation:
By definition we know that mnemonics are an aiding instrument which helps a person remember lists of things in a set decided order, through rhythms and music and long sentences and acronyms. Hence names are the most commonly used mnemonics.
Answer:
b. $6.50 per machine-hour
Explanation:
The computation of the predetermined overhead rate is
= Total fixed manufacturing overhead cost ÷ Total machine-hours + Variable manufacturing overhead per machine-hour
= $294,000 ÷ 70,000 + $2.30
= $4.20 + $2.30
= $6.50 per machine-hour
Therefore, all the other information that is given are irrelevant. Hence, ignored it
The name earth derived from the eighth century Anglo-Saxon word erda, which means ground or soil.
