Answer:
For this calculation we need to use the Effective Annual Yield Formula.
EY = (1 + r/n)^n - 1
Where:
- EY = Effective annual yield
- r = coupon rate
- n = number o periods the coupon rate is compounded per year
Plugging the amounts into the formula we obtain:
EY = (1 + 0.06/2)^2 - 1
EY = 0.062
EY = 6.2%
To obtain the effective semi-annual yield, we simply divide the effective annual yield by two:
= 0.062/2
=0.031
Effective semi-annual yield = 3.1%
In this case, we would not invest in the bond because the effective semi-annual yield does not reach the required 4%.
Explanation:
I am pretty sure it is seattle
The revision that eliminates the pronoun shift in the sentence below is If a student wishes to go on the field trip, he or she must bring in a permission slip. This is further explained below.
<h3>What is a permission slip?</h3>
Generally, A permission slip is simply defined as a form that another institution sends home with a pupil and a parent in which the parent authorizes minors.
In conclusion, a permission slip is required as consent from the guardian.
Read more about permission
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Answer:B. Governments
Explanation: Because first and foremost the taxes that are required form the people who are working becomes the property of the government and therefore this money must be allocated well in infrastractures such as roads and national literacy such as education.
Answer:
the future value in two years is $110.25
Explanation:
The computation of the future value in two years is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= $100 × (1 + .05)^2
= $100 × (1.1025)
= $110.25
Hence, the future value in two years is $110.25
The same should be considered and relevant
