Answer:
Market value of bond = 841.14
Explanation:
Explanation:
The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate.
Value of Bond = PV of interest + PV of RV
The value of bond can be worked out as follows:
Step 1
Calculate the PV of interest payments
Semi annual interest payment
= 10% × 1,000× 1/2 = 50
PV of interest payment
A ×(1- (1+r)^(-n))/r
r- semi-annual yield = 14%/2 = 7%
n- 6× 2 = 12
= 50× (1-(1.07^(-12)/0.07
= 397.13
Step 2
PV of redemption Value
PV = $1000 × (1.07)^(-12)
= 444.011
Step 3
Price of bond
= 397.13
+444.01
=841.14
Market value of bond = 841.14
Answer:
$82,400
Explanation:
Cost of goods sold = beginning merchandise inventory + purchases - ending merchandise inventory.
$69,200 = $15,600 + purchases - $28,800
Purchases = $82,400
Answer:
Effect on income= $115,000 decrease
Explanation:
Giving the following information:
Fixed costs= $45,000
Number of units= 20,000
Unitary contribution margin= $8
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= decrease in fixed costs - decrease in contribution margin
Effect on income= 45,000 - 20,000*8
Effect on income= $115,000 decrease
Private businesses are employed by CMS as the Unified Program Integrity Contractor (UPIC).
<h3>What is a UPICs used for?</h3>
Investigating instances of alleged fraud, waste, and abuse in Medicare or Medicaid claims is UPIC's main objective. They conduct early and prompt investigations and act right away to prevent the improper payment of funds from the Medicare Trust Fund.
<h3>What role do Medicaid Integrity Contractors (MICs) play in society?</h3>
CMS has agreements with organizations called Audit Medicaid Integrity Contractors (Audit MICs) to carry out post-payment audits of Medicaid providers. The primary objective of provider audits is to find overpayments and ultimately reduce the payment of erroneous Medicaid claims.
To know more about Centers for Medicare and Medicaid Services visit: brainly.com/question/14293469
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I think the missing word is Plan but I'm not sure.
