Answer:
Bond Price = $97.4457408 million rounded off to $97.45 million
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Coupon Payment (C) = 113 million * 0.05 = 5.65 million
Total periods (n) = 30
r or YTM = 0.06 or 6%
The formula to calculate the price of the bonds today is attached.
Bond Price =5.65 * [( 1 - (1+0.06)^-30) / 0.06] + 113 / (1+0.06)^30
Bond Price = $97.4457408 million rounded off to $97.45 million
Answer: d. revenues to be understated.
If the services have been rendered but the revenue is not recorded it means that your accounts will show less revenue than you have actually earned as in accounting revenue is recognized as soon as the service is rendered, thus not recognizing the revenue when the service is rendered will understate the revenues.
Explanation:
Answer:
The correct answer is option b.
Explanation:
Shen is working in a country where the inflation rate is high.
He gets a salary every two weeks.
After receiving his salary he immediately goes out and buys all the goods he is going to need over the next two weeks.
He converts the remaining salary in a more stable currency.
He does this in order to prevent his salary from losing purchasing power.
This effort that he is making to prevent his real income from losing value is called the shoe-leather cost of inflation.
The shoe-leather cost can be defined as the cost of time and effort made to prevent the cash holdings from losing their value.
Answer:
D. online communities
Explanation:
-Social networks are sites where people can share information and communicate.
-Microblogs are a type of online blog that has short entries.
-Niche networks are networks that focus on a specific group of people.
-Online communities are groups of people that interact on the internet through forums, chat rooms to get information about specific topics.
According to this, these forums are an example of online communities.
A
relatively new type of very fast direct connection available to homes and
businesses in areas where there is fiber-optic cabling available all the way to
the building is generically called fibr optic broadband.
Fibr
optic broadband, from the name of its material uses fiber-optic cables
guarantees faster and more stable and reliable connection compared to the DSL
connection. Fibr connection can also cover far distances up to 100 kilometers
compare to DSL connection which uses copper wire cable that has the limit of
only 100 meters.
<span>Fibr
optic broadband also assures more bandwidth and no lags when it comes to large
data applications.</span>
