Answer:
$1,044.57
Explanation:
Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond. We calculate the present value of both the coupon payment and the maturity payment.
According to given data
Face value of the bond is $1,000
Coupon payment = C = $1,000 x 8% = $80 annually = $40 semiannually
Number of periods = n = 15 years x 2 = 30 period
YTM = 7.5% annually = 3.75% semiannually
Price of the bond is calculated by following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond = $40 x [ ( 1 - ( 1 + 3.75% )^-30 ) / 3.75% ] + [ $1,000 / ( 1 + 3.75% )^30 ]
Price of the Bond = $713.17 + $331.40 = $1,044.57
Answer:
Total revenue at breakeven is $1,508,042
Explanation:
Breakeven point in units = Fixed cost / Selling price -Variable cost per unit
Breakeven point in sales revenue = Fixed cost / (Selling price* x)- (Variable cost per unit * x)
In this case,
Fixed cost= $1.5 million
Selling price =$75
Variable cost per unit =40 cents
Breakeven point in units = 1,500,000 million/ 75 -0.4
Breakeven point in units = 20,107
Breakeven point in units sales = 20,107 * 75
Breakeven point in units sales = $1,508,042
Answer:
1.Occupancy days $3,760
Electrical costs $10,528
Variable cost=2.80
Fixed cost=$650
2. Seasonal factors
Systematic factors
Number of days
Explanation:
1.Calculation using high and low method for both Occupancy days and Electricity cost
Occupancy Electrical
Days Costs
High activity level 4,410 12,998
Low activity level 650 2,470
Change 3,760 10,528
Calculation for Variable cost of electricity per occupancy-day.
Using this formula
Variable cost= Electricity cost/Occupancy days
Let plug in the formula
Variable cost=10,528/3,760
Variable cost=2.80
Calculation for Fixed cost of electricity per month
Fixed cost=2,470-(650*2.80)
Fixed cost=2,470-1,820
Fixed cost=$650
2. Factors that are likely to affect the variation in electrical costs from month to month will include the following:
Seasonal factors
Systematic factors
Number of days
Seasonal factors can either be winter or summer.
Systematic factors include either having guests, To switch off fans as well as lights.
Number of days are days that are present in a month.
Answer:
d)
Explanation:
<em><u>Dishonored </u></em>cheque
hope it helps you like me
The lender is bearing the risk on defaulting the loan
