Answer:
The coupon rate is 10.3%
Explanation:
The interest to set on the bond in order to sell them at par can be computed using rate formula in excel:
=rate(nper,pmt,pv,fv)
nper is the number of times the bond would pay interest over its time to maturity which is 19*2=38
pmt is the interest payment semi-annually at $1000*10.3%/2=$51.5
pv is the price of the bond which is the par value of $1000
fv is the value at redemption which is also $1000
=rate(38,51.5,-1000,1000)
rate=5.15%
this is the semi-annual rate ,the yearly yield to maturity is 5.15%*2=10.30%
When a bond sells at par the yield to maturity is the same as the coupon rate
Answer:
The restaurant earned a profit of $1145.56 which is approximately $1146
Explanation:
the formula is given as:
Q x (sale price – material cost) – ( rental + insurance)/day - loss
Q = 200
Sale price = $10
Material cost = $4
rental = $116
insurance = $45
lost sale expense = $4
day = 25
increased demand = 212
= 200(10 - 4) - (116 + 45)/25 - (212 - 200)4
= 200(6) - 6.44 - 48
= 1200 - 6.44 - 48
= $1145.56
<em>This is approximately $1146</em>
Answer:
Answered
Explanation:
Here Jenifer is looking for customers within this market that are most likely to respond favorably to the new brand.
Apparently, Jennifer is interested in, how to best segment the ready-made dinner market. As she interested in determining the market opportunity exists for the sales of a new brand of organic, gluton free line of ready made dinners.
Answer:
The answer is Surplus is equal to zero.
Explanation:
Suppose if P = 1$.
Q = 101, Qs = 79
Where as monthly surplus = 79 - 101
Monthly surplus = -22
_22 means negative surplus which can also be interpreted as zero surplus.