Answer:
$14,887.5
Explanation:
Carrying Value of the bond is the net of Face value and any amortised discount on the bond.
Face Value of the bond = $19,000
Issuance Value = $14,300
Discount Value = $19,000 - $14,300 = $4,700
This Discount will be amortized over the bond's life until the maturity on straight line basis.
Amortization in each period = $4,700 / (8x2) = $293.75 semiannually
Until December 31, 2017 two payment have been made and $587.5 is amortized in the two semiannual periods.
Un-amortized Discount = $4,700 - $587.5 = $4,112.5
Carrying value of the bond = Face value - Un-amortized Discount = $19,000 - $4,112.5 = $14,887.5
It is generally safer to travel in the right lane on the freeway, because faster, more aggressive drivers use the left and center lanes more often. Drivers traveling at slower speeds should use the right lane, as the speed of traffic increases as you move to the left.
Answer:
The correct answer is letter "C": an inventory system that is used to manage independent demand inventory.
Explanation:
A Periodic Review System is used to keep track of the inventory of a firm after determined periods. Review intervals are set by the company in an attempt to find out the amount of stock needed to fulfill consumers' orders or to reach the company's Target Inventory (TI). This inventory system is used to handle independent demand inventory.
Answer:
Leniency
Explanation:
Leniency is a rater error in which a rater gives high ratings to all employees regardless of their performance.
Leniency error is when a rater has the tendency to rate all employees at positively, this is positive leniency and occurs at the top of the rating scale or at the low end of the scale negative leniency. Leniency error happens when a manager emphasizes too much on positive or negative behaviors
Answer:
Option D is the correct option
Explanation:
To find the optimal fund to combine with risk free rate of return, we will use Coefficient of variation,
Coefficient of variation(CoV) = Standard Deviation/Expected Return
CoV of Buckeye = 14%/20% = 0.7
CoV of Wolverine = 11%/12% = 0.9167
So, higher the CoV higher the risk, we will take Buckeye to combine with Risk Free Return.
Hence, Option A
- Required target return of portfolio = 22%
Risk Free return = 8%
Buckeye Return = 20%
Let the weight of Buckeye be X ,& weight of risk free be (1-X)
Required return = (WRF)*(RRF) + (WB)*(RB)
22 = (1-X)(8) + (X)(20)
22 = 8-8X + 20X
14 = 12X
X = 1.17
SO, weight of Buckeye is 1.17 or 117%
while weight of Risk free is -0.17 (1-1.17) or -17%
Hence, ans is OPTION D
