Each semiannual payment is (1/2)*.0545*$1000 = $27.25. There are 2*30 = 60 such payments in 30 years. After 6 payments, there will be 54 left.
a) The value of Tristan's bond is $1238.08
b) The value of Tristan's bond is $926.91
X^2-9=-5
x^2-4=0
(x+2)(x-2)=0 [Difference of Two Squares]
x=-2,2
-2 is the smaller root.
The top 4 firms have (23 +22 +18 +12)% = 75% of the market.
The 4-firm concentration ratio is 0.75 or 75%.
Answer:
he would be at 16.50ft. below sea level.
Step-by-step explanation:
If you are below sea level, the feet would be negative. -11.75 + -4.75 would be -16.50ft below sea level.
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