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katrin [286]
3 years ago
9

Bradley is sitting on his porch enjoying his very large front yard and drinking a lemonade when Chris, a kid from down the stree

t, shows up and starts mowing Bradley’s yard. Bradley waves and smiles. Chris is mowing the lawn for money, but Bradley doesn’t know it (and shouldn’t know it because their two families often do nice things for each other without pay). Chris may be able to recover money from the courts on the basis of:
a. express contract.b. bilateral contract.c. implied contract.d. quasi contract.
Business
1 answer:
VMariaS [17]3 years ago
4 0

Answer:

c implied contract

Explanation:

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Answer:

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Which form of mass media was developed from a defense department project?
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A firm offers a 10-year, zero coupon bond with a face value of $1,000. What is the current market price if the yield to maturity
viva [34]

Answer:

Current market price is  474.30  

Explanation:

The current price of the bond can be computed using the pv function in  excel as stated thus:

=-pv(rate,nper,pmt,fv)

rate is semiannual yield to maturity which is 7.6%/2

nper is the 10 years of bond tenure multiplied by 2

pmt is the coupon payable which is zero

fv is the face value of the bond which is $1000

=-pv(7.6%/2,20,0,1000)=$ 474.30  

7 0
3 years ago
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