You did not post the complete question so I will write only the missing components below that is needed to answer the question and some important definitions.
Definitions:
PVIFA - present value interest factor of annuity
= number of regular intervals per year at which time the borrowed amount is to be paid back
= annual interest rate
= number of years to payoff the debt
We need to find the interest rate that equates the price we paid for the bond with the cash flows we received. The cash flows we received were $100 each year for two years and the price of the bond when we sold it. Also, remember the YTM on the bond has declined by 1 percent.
Let us assume a par value of $1,000. we need to find the price of the bond in two years. The price of the bond in two years, at the new interest rate, will be:
$100(PVIFA8.42%,17) + $1,000(PVIF8.42%,17) = $1,139.69
Answer:
Therefore, the bond will sell for $
1,139.69 ± 0.1%
A purchasing power parity (PPP) adjustment enables a more precise comparison of the level of living across nations. The cost of living in the US serves as the foundation for the adjustment.
<h3>What is purchasing power parity (ppp)?</h3>
By removing the variations in price levels between nations, purchasing power parities (PPPs) are rates of currency translation that aim to equalize the purchasing power of various currencies. The more the salary and price discrepancies across nations, the greater the productivity gaps in the production of marketable products, and, consequently, the greater the discrepancy between buying power parity and the equilibrium exchange rate.
By taking the geometric mean of the pricing relationships between each pair of economies for the two varieties of rice, the basic-heading PPP for each pair of economies may be calculated directly. This comparison is bilateral. Indirectly, PPP C/A PPP B/C = PPP B/A can be used to calculate the PPP between economies B and A.
Hence, A purchasing power parity (PPP) adjustment enables a more precise comparison of the level of living across nations. The cost of living in the US serves as the foundation for the adjustment.
To learn more about purchasing power parity refer to:
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Answer:
Yes because if they are dangerous then they house nt be in market!!!
Explanation:
To ensure the safety of guests and team members:
1. Constantly check that chairs, tables and other furniture are well secured to floors, walls or wherever they need to be
2. Make sure that wet or dangerous areas are fixed
3. Look for suspicious people as they may be a threat
4. Always know the place and check for any changes that may occur
Hope that helped!!! k
