<span>Revenues–Expenses–Current Debt = Net Profit or Net Loss
</span>
Answer:
1.4484 %
Explanation:
The formula for Yield to Maturity =
[C + (FP - MP) /n]/FP + MP/2
Where
C = Coupon rate = 8% = 0.08
MP = Market value or price = $865
FP = Face or Par value = $1000
n = number of years = 10
Yield to Maturity =[ 0.08 +(1000 - 865) /10]/ 1000 + 865/2
Yield to Maturity = 1.4484 %
Answer:
) $275,000
Explanation:
The charge per square foot is $5.
The total square feet leased
=275ft x 200ft
=55,000 square ft.
The total cost of the annual rent is
=55,000 x $5
=$275,000
