Let p be the price of the bond.
Annual coupons payment = 85
Par value (future value) is $1000.
So with a yield-to-maturity of 10% in three years,
p(1+10%) = 1000+3*85
solve for p
p=(1000+3*85)/1.10=1140.91
Note: since the coupon payment is not reinvested in the bond, the value is not compounded. Thus there is additional benefit if the payments are reinvested elsewhere. In other words, the yield-to-maturity actually under-estimates the potential yield.
Use of checklists to improve outcomes.
While the list of snacks may seem oddly specific and asking for too much, it was actually a good way for the band to make sure all of their requests in the contract were being followed perfectly.
Answer:
correct option is C. $2.00
Explanation:
given data
currently pays = $8 an hour
CPI currently = 160
old = 128 year
to find out
firm should increase the hourly wages of its workers by
solution
we get here first rate that is express as
rate = 
...........1
rate = 
rate = $10
So Increase is here as = $10 - $8
increase by = $2
so correct option is C. $2.00
Answer:
It is more profitable to continue processing.
Explanation:
Giving the following information:
The number of units= 1,250
It can be sold now for $67,500 to another manufacturer.
Alternatively, Holmes can process the units further at an incremental cost of $250 per unit. If Holmes processes further, the units can be sold for $375 each.
<u>The $50,000 is a sunk cost, meaning that it has already happened. It shouldn't be taken into account.</u>
Sell as it is:
Income= $67,500
Continue production:
Income= 1,250*(375 - 250)= $156,250
It is more profitable to continue processing.
