Answer:
PV = $4,863.24
Explanation:
Computation of the given data are as follows:
Face value = $5,000
YTM = 3.6%
YTM (Semiannual) (Rate) = 3.6% ÷ 2 = 1.8%
Coupon rate = 3.4%
Coupon rate semiannual = 3.4% ÷ 2 = 1.7%
Coupon payment ( Pmt) = 1.7% × $5,000 = $85
Time period (semiannual) (Nper) = 19 × 2 = 38
By putting the value in the financial calculator, we will get the present value.
Attachment is attached below.
PV = $4,863.24
Answer:
c. 0.25
Explanation:
Cross-price elasticity = [(Q2-Q1/)((Q1-Q2)/2) * 100] / [(P2-P1/)((P1-P2)/2) * 100]
Cross-price elasticity = [(65-55)/((65+55)/2)*100] / [(2-1)/((1+2)/2)*100]
Cross-price elasticity = 16.6667/66.6667
Cross-price elasticity = 0.25000037
Cross-price elasticity = 0.25
Answer:
Firms may be inclined to keep their workers’ wages above the equilibrium level.
Explanation:
The efficiency wage theory states that if an employer increases the wage of his/her employees, they will be motivated and their productivity will increase. The increase in productivity should offset the increased labor costs. So the costs of higher wages should be recouped through increased productivity. Higher wages also reduce worker turnover, reducing hiring and training costs.
The United States should increase the domestic manufacturing to promote prosperity.
<h3>
What is manufacturing?</h3>
Manufacturing is the creation or manufacturing of items with the aid of resources such as machinery, labor, tools, and chemical or biological processing or formulation. It is the very foundation of the economy's secondary sector. The phrase can be used to characterize a range of human undertakings, from handicraft to high-tech, but it is most usually used in relation to industrial design, which entails the extensive transition of raw materials from the primary industry into finished goods. Such products may be delivered via the tertiary industry to end users and consumers, sold to other manufacturers for the creation of other, more sophisticated products (such as aircraft, home appliances, furniture, and sports equipment), or both (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers).
To learn more about manufacturing, visit:
brainly.com/question/17052484
#SPJ4