Answer:
The correct answer is 8.679%.
Explanation:
According to the scenario, the given data are as follows:
Face value (F) = $1,000
Bond value (B)= $955
Time (t) = 18 years
Yield (r) = 9.2%
First we calculate the coupon payment:
Let coupon payment = C
then,
B = C ×
By putting the value, we get
$955 = C×
$955 = C × 8.64 + 205.11
C = 86.79
So, Coupon Rate = Coupon Payment ÷ Face value
= 86.79 ÷ 1000
= 0.08679
= 8.679%
Answer:
Salaries
Explanation:
<em>Overhead</em> includes all types of costs in the income statement except<u><em> direct labor, direct material and direct expenses</em></u>. Therefore slaries are not included in it.
The answer to this is A.
Physical capital is part of the production process, what economists call a factor of production. It includes things like buildings, machinery, equipment and computers.
Answer:
$4,277.5
Explanation:
Given:
Selling cost of the house = $245,000
Percentage of commission = 3%
Amount of commission = 0.03 × $245,000 = $7,350
Now,
The salesperson is on a 65% commission schedule with her broker
This means that the salesperson will get only 65% of the amount of commission
thus,
Commission to paid = 0.65 × $7,350 = $4,777.5
The final amount received = Commission - office expenses
or
The final amount received = $4,777.5 - $500 = $4,277.5