Answer: GOOD LUCK MY FRIEND IM TRYING TO HIT THAT TOO :D
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Explanation:
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Answer:
Amount raised = $236,027.47
Explanation:
<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).
</em>
Value of Bond = PV of interest + PV of RV
The value of bond for Whipple Corp can be worked out as follows:
Step 1
PV of interest payments
Semi annul interest payment
= 5.6% × 2000 × 1/2
= 56
Semi-annual yield = 6.34%/2 = 3.17
% per six months
Total period to maturity (in months)
= (2 × 25) = 50 periods
PV of interest =
56 × (1- (1+0.0317)^(-50)/0.0317)= 1395.49
Step 2
PV of Redemption Value
= 2000 × (1.0317)^(-50)
= 420.105
Price of bond
= 1395.49
+ 420.10
= $1815.60
The amount raised = price per bonds× Number of unit
= $1815.595× 260,000/2000= $236,027.47
Amount raised = $236,027.47
Answer:
the per unit cost is $10
Explanation:
The computation of the per unit cost is shown below:
As we know that
Per unit cost is
= Total cost ÷ number of units produced
= ($5,090 + $5,838 + $4,042) ÷ (1,497 units)
= ($14,970) ÷ (1,497 units)
= $10
hence, the per unit cost is $10
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
c.10
Explanation:
We have 68 students, 3 of them are registered in three classes, so (68-3 =65), 65 students are registered in one or two classes.
Additionally, we know that:
- 25 students are registered for History.
- 25 students are registered for Math
- 34 students are registered for English
If we want to know only the registrations of students that are registered for one or two classes, we should substract 3 in every class (the three students that ar registered for the three classes)
So, now we have:
- 22 students registered for History.
- 22 students registered for Math
- 31 students registered for English
Total registrations for stdents registered in one or two clases: 22+22+31= 75
75 registrations of 65 students
So 75-65=10 .. There are 10 students registered for 2 classes.
Answer:
$151.72
Explanation:
Quarterly dividends of preferred stock = $2.75
Annual dividend of preferred stock = 4 * Quarterly dividend
Annual dividend of preferred stock = 4 * $2.75
Annual dividend of preferred stock = $11
Required return = 7.25% = 0.0725
Return = Dividend / Current price
0.0725 = $11 / Current price
Current price = $11 / 0.0725
Current price = 151.724138
Current price = $151.72
So, the preferred stock should sell for $151.72.