Answer:
Nine years or more
Explanation:
Development of new drugs is a long process and from discovery to marketing approval takes nine years or more.
The process of bringing new drugs to he marketplace after the identification of a main compound through drug discovery is called drug development. There are various stages of drug development such as <em>Discovery and development, Pre-clinical research, Clinical research and FDA review.</em>
The condition will boost the measure of premium you procure is high-financing cost and long era. To win however much enthusiasm as could be expected you ought to open an investment account that procures accruing funds and has the most noteworthy financing cost.
Answer:
n = 43.6673555
it will take 43.67 year to achice a real GDP of 98,000
Explanation:
we solve for time of a future lump-sum:
we use logarithmics properties:
PV 49,000
FV 98,000
rate 1.6%
n = 43.6673555
Answer:
Longly will receive $1,817.43 from selling the bond.
Explanation:
As the coupon rate is 8%; we have annual coupon payment = 2,000 x 8% = $160.
The price of the bond Longly will receive is equal to the present value of 20 annual coupon payment plus the present value of $2,000 face value repayment in 20 years time; with the two streams of cash flow discounting at the market rate at the date of issuing 9%; which is calculated as:
[ ( 160/9%) x [ 1 - 1.09^(-20) ] ] + ( 2,000 / 1.09^20 ) = $1,817.43.
So, the answer is $1,817.43.
