Answer:
Price of bond=$ 1,129.847
Explanation:
T<em>he value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).</em>
Value of Bond = PV of interest + PV of RV
Step 1
PV of interest payments
annul interest payment
= 13% × 1000 = 130
PV = A × ( (1- (1+r)^(-n))/r
Annual yield - r= 11% per annum
Total period to maturity- n = 12 years
PV of interest
=130× (1- 1.11^(-12) )/0.11
= 844.00
Step 2
PV of Redemption Value
= 1,000 × (1.11)^(-12)
= 285.84
Step 3
Total PV = 844.00 + 285.84 = 1129.847123
Price of bond=$ 1,129.8471
Answer:
The correct answer is letter "E": anchoring and adjustment heuristic.
Explanation:
Anchoring-and-Adjustment heuristics refers to estimations made by individuals according to certain information that come to their minds that are adjusted until an acceptable level of accuracy is reached. The latter is the cause of this practice to be inefficient because it is based on finding one optimal level of accuracy only without looking for others that could provide more proper results.
Te recomiendo el siguiente libro que te puede ayudar.
"La Sabiduría de las Finanzas. Descubre el lado humano en el mundo del riesgo y del rendimiento." El autor es Mihir A. Desai. Hay otro que te puede servir que se llama "El Pequeño Libro de los Altos Rendimientos con Bajo Riesgo. El autor es "Pim Van Vliet. Ambos hablan del los riesgos de las inversiones y los rendimientos en un mundo volátil.
La otra opción es que busques otros libros de Administración y Finanzas en donde venga el subtema de riesgos y rendimientos, aunque podrían no estar tan completos como el desarrollo que le dan al tema en los libros mencionados.
Answer:
Total equivalent units= 11,890
Explanation:
Giving the following information:
Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory.
The Assembly Department has 2,600 gadgets in the process that are 65% complete for conversion.
<u>To calculate the equivalent units, we need to multiply the % complete for the number of units started:</u>
Units completed= 10,200
Units in ending inventory= 2,600*0.65= 1,690
Total equivalent units= 11,890
Answer:
improve the quality of urban life and help immigrants adjust to American life.
Explanation:
The progressive movement was a period when the was social activism and political reforms accross America. It occurred between the 1820s to the 1920s.
Mainly the movement was aimed at resolving problems of industrialisation, urbanisation, immigration, and corruption.
This was the basis for direct democracy, and also they requested for regulation of monopolies through anti trust laws that promotes equality in competition.
