Answer:
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The budget constraint of Antoni based on the information is <u>25f + 50e = 200</u>
The budget constraint simply means a boundary of the opportunity cost. It represents all the combinations of goods that a person will buy at a price based on the income that the person has.
Based on the information given,
<em>Income = $200</em>
<em>Cost of food platters = $25 each </em>
<em>Cost of entertainment = $50 per hour</em>
Therefore, the budget constraint based on the above will be 25f + 50e = 200 where<em> f = food platters and e = entertainment.</em>
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Answer:
Trademark
Explanation:
The “R” inside the circle stands for “registered.” The “R” and circle together form the federal trademark registration symbol. In commerce, the symbol shows that your business officially owns its trademark by U.S. Patent and Trade Office (pto.gov) standards.
Note:
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Answer:
You can sell the bond for $1,008.78 today
Explanation:
We need to calculate current value of the bond & its coupon
Face value: $1,000
Left tenor: 20 years (= 30 years to maturity - 10 years ago)
Coupon rate: 5%
Yield to maturity: 4.93%
Total coupon to be paid every year= $1,000* 5% = $50
To calculate the current value of coupon received in every of 20 years, we use formula PV in excel or manually as below:
PV = 50/(1+4.93%)^20 + 50/(1+4.93%)^19+.... +50/(1+4.93%)^1 = $626.83
The current value of face value after 20 years = $1,000/(1+4.93%)^20 = $381.95
So the value of bond = $626.83 + $381.95 = $1,008.78