Answer:
Yield to maturity is 7.93%
Yield to call is 7.83%
Explanation:
I calculated both the yield to maturity and yield to call using the rate formula in excel which is =rate(nper,pmt,pv,-fv)
nper is the year to maturity and year to call of 18 years and 8 years respectively.
pmt is the periodic coupon payment is 9%*1000=$90 in each case.
pv is the present value in each case of $1100.35
The future value which is the redemption value is $1000 for yield to maturity and $1060 for yield to call
Find attached detailed calculation
Answer:
The confidence interval is between 2.23 and 3.53
Explanation:
The confidence interval (C) = 99% = 0.99
α = 1 - C = 1 - 0.99 = 0.01
α/2 = 0.01/2 = 0.005
The z score of α/2 corresponds to the z score of 0.495 (0.5 - 0.005) which is 2.576
The margin of error (E) is given as:
The confidence interval = mean ± margin of error = 2.88 ± 0.65 = (2.23, 3.53)
The confidence interval is between 2.23 and 3.53
Answer:
FOB Shipping point; FOB Destination.
Explanation:
FOB shipping point: FOB stand for free on board and FOB shipping point is a shipping term used as an agreement between buyer and seller of goods, which says that seller can record sales once it leave the warehouse or shipping dock of seller and buyer receive the title of the product. In this case buyer will bear the delivery cost of goods and can not claim for any damage or loss of goods during transit from seller, however, buyer have complete control over the goods delivery.
FOB Destination: It is also a shipping term used as an agreement between buyer and seller that seller can only record the sale of goods, once it is delivered to the buyer´s shipping dock or any specific location as asked. Seller hold the title of the product during the goods in transit and have to bear all the cost and charges of transportation of goods as seller is responsible for the delivery of goods.
Answer:
E. Most cash purchases are likely to be rounded off to a higher unit of the currency once the polka is taken out to the system.
Explanation:
A nation's inflation rate is given by the general rise in the price of its products and services. If the Polka is taken out of circulation, and most businesses will start rounding off their prices to a higher unit, then the general price level in West Tarragon will rise. If the Polka wasn't worth that much then the rise in the general price level will be small, but it still will be an increase.
- Apple
- Starbucks
- Godrej industries
Explanation:
Policies of Apple:
- Innovation: Apple has given more than what we have expected.
- Integrity: Apple has stayed true to itself and doesn't copy.
- Originality: The reinvention of features has made Apple stand out.
Policies of Starbucks:
- Expand its stores in the US and internationally by franchising/licensing.
- Designing stores that convey Starbucks image and brand.
- Expand product offerings beyond its retail stores& enter new markets.
Policies of Godrej Industries:
- Godrej industries aims to provide innovation and quality products.
- Commited not only to consumers but also society and environment.
- Excellent standards of ethical behaviour.