Answer:
The invoice price for the bond is $1,060.38
Explanation:
Given the following:
PV= Par value = $1,000
,
CV= Clean Price = $1,049
Coupon Rate per annum = 6.83%
To calculate the Semiannual Coupon Rate= Coupon Rate per annum/2= 3.415%
To calculate Semiannual Coupon= Semiannual Coupon Rate*PV
= 3.415% * $1,000 = $34.15
With an interest accured over 2 months, we calculate it thus:
Accrued Interest = $34.15 * 2/6
= $11.38
To calculate Invoice price:
Invoice Price = CP + Accrued Interest
Invoice Price = $1,049.00 + $11.38
Invoice Price = $1,060.38
Answer:
10%
Explanation:
Data provided in the question
Purchase value of the stock = $80
Number of years = 15
Times = 4
So, the return on owning this stock is
= Number of times^(1 ÷ number of years) - 1
= 4^(1÷15) - 1
= 4^0.0666666667 - 1
= 1.0968249797 - 1
= 0.0968249797
= 10% round off
All other things that are mentioned in the question is not relevant. Hence, ignored it
Answer:True
Explanation: increasing the sample size to 150 will reduce the width of the confidence interval because it reduces the standard error.
I hope my answer helps.
Product features
Product features refers to the components, appearances, and capabilities of a certain product that distinguish one product over another.
Answer:
Weighted Average Cost = $25,31
Explanation:
Number of Units Cost Per Unit Total Cost Av. Cost
Beginning Inventory 50 $22 $1,100 $22
October 9 125 $24 $4,100 $23.43
October 11 (90) $1,991.43 $23.43
October 17 90 $25 $4,241.42 $24.23
October 22 (50) $3,063.75 $24.23 October 25 60 $27 $4,683.75 $25.31
October 29 (100) $2,152 $25,31
