Answer:
The answer is option D
Explanation:
The bond can be issued at par, at a discount or at a premium depending on the coupon rate and the market interest. The price of the bond which pays semi annual coupon can be calculated using the formula of bond price. The formula to calculate the price of the bond is attached.
First we need to determine the semi annual coupon payment, periods and YTM.
Semi annual coupon payments = 2000000 * 0.1 * 6/12 = 100000
Semi annual periods = 5 * 2 = 10
Semi annual YTM = 0.08 * 6/12 = 0.04
Bond Price = 100000 * [(1 - (1+0.04)^-10) / 0.04] + 2000000 / (1+0.04)^10
Bond Price = $2162217.916
The price of the bond is thus $2162290 approx. The difference in answers is due to rounding off.
Answer:
Direct
Explanation:
In the era of globalization one can do business in any part of world. when one person does business by making investment in any country and belong to another country and control business from their country of origin it is called foreign direct investment.
Answer:
The best friend who you text daily.
Explanation:
Friendship is a close relationship between two people. It is built on mutual experiences, shared interests, and emotional bonding. There is constant and regular communication among friends.
In friendship, conversations go beyond custom greetings. They discuss everything, including the sharing secrets and daily occurrences. Friends enjoy joyful moments together and comfort each other in times of sorrow.
I donno
i have wasted 130 dollars at fortnite and i am brome