Answer:
$2449
Explanation:
Alex wants to measure the nominal 1998 GDP of $993 billion in 2008 dollars.
Also the deflator for 1998 is 30 and for 2008, it is 74
Now he avoids making a misleading calculation
Therefore, the the nominal 1998 GDP of $993 billion in 2008 dollars
= 993/30×74= $2449.4≅$2449
Answer:
(B) Accept the low price happily
Explanation:
As the customer was willing to pay up to 60 dollars for the item, the offer of 50 dollars will be acceptable as it is creating a consumer surplus of 10 dollars.
The customer will look for his own benefit and to his judgement, the deal is good as it saves 10 dollars.
The amount earn by the seller is irrelevant.
Answer:
The right solution is "$966.27".
Explanation:
Given values are:
Coupon rate,
= 10%
Par value,
= $1000
Yield of maturity,
= 12%
then,
Coupon will be:
=
=
= ($)
Now,
The present value of coupon will be:
=
By putting the value, we get
=
=
=
= ($)
The present value of par value will be:
=
=
= ($)
hence,
The price of bond will be:
=
=
= ($)
This is an opinion question; therefore there is no right or wrong answer.
You might want to consider talking about:
1. benefits
2. discrimination
3. support
4. employee engagement