Answer:
The price of King Noodles' bonds is $970.66
Explanation:
Coupon payment = 1000 x 7.5% = $75 per year = 75/4 = 18.75 per quarter
Number of periods = n = 8 years x 4 quarter each year = 32 quarter
Yield to maturity = 8% per year = 8% / 4 = 2% per quarter
Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:
Price of the Bond = $18.75 x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond =$18.75 x [ ( 1 - ( 1 + 2% )^-32 ) / 2% ] + [ $1,000 / ( 1 + 2% )^32 ]
Price of the Bond = $18.75 x [ ( 1 - ( 1.02 )^-32 ) / 0.02 ] + [ $1,000 / ( 1.02 )^32 ]
Price of the Bond = $440.03 + $530.63
Price of the Bond = $970.66
Answer:
The responsibilities of the Federal Reserve include influencing the supply of money and credit; regulating and supervising financial institutions; serving as a banking and fiscal agent for the United States government; and supplying payments services to the public through depository institutions like banks.
Answer:
A) $16
Explanation:
According to a different source, these are the options that come with this question:
A) $16
B) $52
C) $40
D) $12
Consumer surplus refers to a measure of welfare in which we look at the ways in which people benefit from the goods and services that they are consuming. The market consumer surplus is the difference between the amount that consumers are willing to pay and the total amount that they actually do pay in the real world (this is known as the market price).
Information technology can be used to support - D. all the choices are correct. All of these choices can benefit from information technology, whether those are product development teams, customer support processes, or any other business activities. Information technology nowadays is a must-have, because basically everything today is done using computers or the Internet, which is why all employees should be technologically-literate.
The value of the best choice is called ' Opportunity Cost' in economics.