The coupon rate is 4.37 %.
Explanation:
The current yield formula can be used to determine the coupon payment which would thereafter be used to compute coupon rate as required:
current yield = coupon payment/current market price
current yield=4.28%
coupon payment=unknown
current market price=102.311 % *$10,000
current market price=$102.311
4.28%=coupon payment /$ 102.311
coupon payment=$10231.1*4.28%
coupon payment=$437.89108
coupon rate=coupon payment/face value
coupon rate=$437.89108 /$10,000
coupon rate=4.37%
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Answer:
C
Explanation:
Here both statements I and II represent a principal's duty to an agent who works on a commission basis.
that is The principal is required to maintain pertinent records and pay the agent according to the terms of their agreement and also he is required to reimburse the agent for all authorized expenses incurred unless the agreement calls for the agent to pay expenses out of the commission.
Hence, option C is correct
Answer:
The correct answer is letter "B": Both statements are correct.
Explanation:
A futures contract is a type of forward contract between a buyer and a seller of an asset. They agree to exchange goods and money at a future date but at a price and quantity determined today. Futures contracts are standardized, regulated, and free of counterparty risk. In difference to other forward contracts, futures contracts are traded in secondary markets such as the Chicago Mercantile Exchange and the Intercontinental Exchange.
A forward contract is an agreement to buy and sell an asset at a future date. The price of the asset is fixed at the time the contract is executed. They are similar to a futures contract but forward contracts do not trade in an exchange.
Answer:
In any duel between a speaker and listener, it's always easy to fault the other person and it will begin with you. You can set the proper tone. Remember to take notes if you can.
Explanation:
Listen to what I'm saying and you will be good at it.
