Answer:
$ 1,035.18
Explanation:
The price of the bond can be determined using the pv excel function as below:
=-pv(rate,nper,pmt,fv)
rate is the yield of 7.8%
nper is the number of coupons before the bonds are called which is 6
pmt is the annual coupon i.e face value*coupon rate=$1000*7.2%=$72
fv is the call price in six years' time which is $1099
=-pv(7.8%,6,72,1099)=$ 1,035.18
Answer: Income is higher under absorption costing by $15,000. This is consistent with a general rule of thumb: Increases in inventory cause income to be higher under absorption costing than under variable costing, and vice versa.
Explanation:
Answer:
The correct answer to the following question will be "keeping the product line since they would lose an extra $40000 if they dropped".
Explanation:
Keep Drop
Loss $100000 (given) -
Fixed asset loss - (300000-160000)
Loss $100000 140000
If dropped, so the $40000 damage would be included. Such that the correct approach is "keeping the product line since they would lose an extra $40000 if they dropped."
Answer:
To pay for groceries
Explanation:
Personal loan is a type of unsecured loan which a person takes to fulfill his basic daily financial needs. And it is quite flexible, means the borrower is free to use as per his/her need. For example, travelling costs, groceries, medical emergencies, home renovation etc.
<span>Bond prices have an inverse relationship with interest rates. As bond prices rise, yields will fall. Typically this is bullish for stocks as investors move to the equity marke .Equity is bought and sold in the stock market while debt is bought and sold in the bond market.The Stock Market is a subset of the Capital Market.</span>
