Answer:
Zero-cupon bond= $73.33
Explanation:
Giving the following information:
You are purchasing a 30-year, zero coupon bond. The yield to maturity is 9.1% and the face value is $1,000.
<u>To calculate the price of the bond, we need to use the following formula:</u>
Zero-cupon bond= [face value/(1+i)^n]
Zero-cupon bond= [1,000 / (1.091^30)]
Zero-cupon bond= $73.33
What effect, if any, would you expect poor-quality materials to have on direct labor variances: If poor-quality materials create production problems, a result could be excessive labor time and therefore an unfavorable labor efficiency variance.
An unfavourable situation or set of conditions is one that involves difficult problems and makes success harder to achieve. They had finally gained independence, but on very unfavorable terms.
What is unfavorable reaction psychology?
An adverse reaction is a negative reaction to a medical procedure or medication. Also known as a negative side effect, these can be caused by a physical sensitivity or allergy to a medication. Other causes can include taking medications too often, not often enough, or in the wrong dosage.
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<span>In the basic keynesian model, a decline in autonomous spending reduces short-run equilibrium output.The increase in national income is equal to the primary investment (autonomous) plus a chain of secondary consumption spending. According to Keynes, the root cause of unemployment and depression is inadequate investment, and a consequent low level of aggregate demand.</span>
It’s primary aims of government fiscal policy is to put more money into citizens hands .
