Answer:
The bond will sell for the amount of $869.17
Explanation:
According to the given data coupon amount = 50/2 = 25
Therefore, in order to calculate the selling price of the bond we would have to make the following calculation:
selling price of the bond = 25 * PVIFA(3%,52) + 1,000 * PVIF(3%,52)
selling price of the bond= 25 * 26.1662 + 1,000 * 0.2150
selling price of the bond= $869.17
The bond will sell for the amount of $869.17
Specialization is most closely related to the division of labor within an organization.
Differentiation in an organization is created through a division of labor and job specialization. The two idea are closely related. Specialization refers to the specific task or work within a production process.
Answer:
The firm must save $45,172.02 monthly for 24 months to be able to pay $1,130,000 at 4.3% compounded monthly as found in the attached
Explanation:
In calculating the monthly saving , I used the PMT function in excel,whose formula is given as PMT(rate,nper,pv,-fv)
r represents the rate on the savings given as 4.3% annually but 0.36% per month (4.3%/12 months), as the compounding is done monthly.
nper represents the duration of savings,given as two years but multiplied by 12 months to reflect monthly compounding horizon
pv is the present value zero as it is not given and not required
Fv is future value given as $1,130,000
Find detailed computation in the attached.
a trading account deals with the u.s. government
Answer:
studying
Explanation:
The coming together by students not to study is an example of collusion in an oligopoly.
An Oligopoly is when there are few large firms operating in an industry. Collusion is when people come together and decide on a particular course of action. It is usually non competitive
The dominant strategy here is to study.
Dominant strategy is the best option for a player regardless of what the other players are doing.
the students prefers to study more and get an A or to study the same amount as other students and get a C. Her least preferred option is an F. Since she does not know the actions of the other students, are best option is to study
