Answer:
7.08%
Explanation:
Face Value = $1,000
Current Price = 1000 x 97.66% = 976.6
Current yield = 7.25%
We can find the coupon rate by a simple formula
Coupon Rate = (Interest / Face value) x 100
We need to find interest first in order to find coupon rate
YTM = Interest / Current price
7.25% x 976.6 = Interest
70.7035 = Interest
Coupon Rate = (70.8035 / 1000) x 100
Coupon Rate = 7.08%
Answer:
b) False
Explanation:
Retailers can be defined as an agent of the distribution of goods and services from the wholesaler to the end users or consumers.
This ultimately implies that, the retailers often buy directly from the wholesaler and sells directly to the end users or consumers and as such, retailers are not saddled with the responsibility of buying these goods in larger quantities and storing in a warehouse as compared with a wholesaler who buys and stores in the warehouse.
Hence, warehouses are generally not one of the most expensive rental facilities for a retail business.
Answer and Explanation:
Option C is the correct answer
C. Probably not, because Alyssa made a mistake about the dog's value, not a mistake about a material fact.
The answer is C because you have to love what you want to become in order to succeed in life and letter C represents a poor reason to choose a profession because if for example you decide to become a teacher and you don't like the job, but the salary then you would not be more than a failure.
Answer: Cost to purchase the options on the exercise date = $1000
Explanation:
Given:
Stock options awarded = 10
Right to buy shares = 10
Exercise price = $10
We'll compute the cost as follow:
Cost to purchase the options on the exercise date = Stock options awarded × Right to buy shares × Exercise price
Cost to purchase the options on the exercise date = 10×10×10
Cost to purchase the options on the exercise date = $1000
<u><em>Therefore, the correct option is (d)</em></u>
