Answer:
$13,800
Explanation:
Static budget report for the second quarter and for the year to date
PRODUCT LINE: BUDGET; ACTUAL; DIFFERENCE; REMARK
Guitar:The Edge 380,800 394,600
13,800 favorable
Production line = Guitar:The Edge
Budget =$380,800
Actual=394,600
Difference = 13,800
Remark : Favorable
The current value of a zero-coupon bond is $481.658412.
<h3>
What is a zero-coupon bond?</h3>
- A zero coupon bond (also known as a discount bond or deep discount bond) is one in which the face value is repaid at maturity.
- That definition assumes that money has a positive time value.
- It does not make periodic interest payments or has so-called coupons, hence the term zero coupon bond.
- When the bond matures, the investor receives the par (or face) value.
- Zero-coupon bonds include US Treasury bills, US savings bonds, long-term zero-coupon bonds, and any type of coupon bond that has had its coupons removed.
- The terms zero coupon and deep discount bonds are used interchangeably.
To find the current value of a zero-coupon bond:
First, divide 11 percent by 100 to get 0.11.
Second, add 1 to 0.11 to get 1.11.
Third, raise 1.11 to the seventh power to get 2.07616015.
Divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $481.658412.
- $1,000/1.2653 = $481.658412
Therefore, the current value of a zero-coupon bond is $481.658412.
Know more about zero-coupon bonds here:
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The correct answer is option B. Frictional unemployment is the result of worker skills not matching the jobs available. This type of unemployment normally occurs as a result of workers and employers not having enough or the proper information when looking for a new job, or looking for a new employee. Sometimes the worker is not being successful in finding the right company that is looking for someone with skills that the person possesses. Or sometimes is the company that believes that they should not hire someone, waiting to fins a better candidate.
Read more on Brainly.com - brainly.com/question/11481076#readmore
Answer:
A court will most likely;
1. Allows the parties to rescind the contract.
Explanation:
The contract includes all the costs of insuring and shipping the painting from France to New York.
Since, the agent that made the shipping estimate makes a mistake when adding up the costs and, as a result, the shipping cost listed in the contract is $1,000 less than the actual shipping costs. A court will most likely allow the parties to rescind the contract because a part of the contract agreement has been breached in error.
