Answer:
The Yield to Maturity of the Bond (YTM) is 113.86 %
Explanation:
The Yield to Maturity of the Bond (YTM) can be determined using a Financial Calculator as follows :
Pv = -$98.613
Fv = $2,000
p/yr = 2
n = 18 × 2
Pmt = ($2,000 × 6.60%) ÷ 2 = $66
r = ?
Using a Financial Calculator r is 113.86 %.
Answer:
a) The Net present value of Australian Gold Mine = $466,300
The Net present value of U.S. Gold Mine = $ 269,250
b) The Net present value of Australian Gold Mine = - $393,900
At this increased cost of capital which is the discount rate ,the decision of selecting Australian Gold Mine should not be selected. in this case selecting the u.s Gold mine will be the best option
Explanation:
Answer:
express and bilateral contract
Explanation:
An express contract is a contract in which the parties involved have carefully and explicitly/openly set the terms of the contract.
This contract contains agreements of both parties either verbally or in writing. Express contracts are also called Special contracts.
from the question, Todd's offer to shovel Maria's patio for a fee and her acceptance of the fee for the job is an express contract as it is oral.
A bilateral contract on the other hand is a contract in which both parties involved agree to their part of the contract. In the case of the question, Todd's part is to shovel Maria's patio while Maria's part of the contract is to pay Todd $25 for the job.
I hope this helps.
The least expensive and most sustainable way to meet our energy needs in the future is to develop renewable energy sources.
A renewable resource, also called a flow resource, is a natural resource that replenishes itself through natural regeneration or other iterative processes within a finite amount of time on the human timescale to replace the portion depleted through use and consumption. If the resource's payback rate is unlikely to exceed human timescales, they are called permanent resources. Renewable resources are part of the earth's natural environment and the largest component of its ecosphere. A positive ecological balance is an important indicator of resource sustainability.
The definition of renewable resources may also include agricultural production, such as agricultural products, and to some extent water resources. In 1962, Paul Alfred Weiss defined renewable resources as Another type of renewable resource is renewable energy sources. Common renewable energy sources include solar, geothermal, and wind, all classified as renewable resources. Freshwater is an example of a renewable resource. develop renewable energy sources.
Learn more about renewable energy sources here: brainly.com/question/79953
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Answer: $16
Explanation:
Implied share price = Book value per share * Price to tangible book value
Book value per share = (Assets - Liabilities) / Number of shares outstanding
= (120 - 80) / 4
= $10
Implied share price = 10 * 1.6
= $16
