Answer:
% in T bills = 18.92%, % in P = 81.08%
Explanation:
Portfolio return = Weighted average return
Return of portfolio P = 0.14*0.6 + 0.10*0.4
Return of portfolio P = 0.124
Let % money in T bills be x
0.11 = 0.05*x + 0.124*(1-x)
0.11 = 0.05x + 0.124 - 0.124x
0.014 = 0.074x
x = 18.92%
Hence, % in T bills = 18.92%, % in P = 81.08%
Answer:
option (C) - 6.11%
Explanation:
Data provided :
Coupon rate one year ago = 6.5% = 0.065
Semiannual coupon rate =
= 0.0325
Face value = $1,000
Present market yield = 7.2% = 0.072
Semiannual Present market yield, r =
= 0.036
Now,
With semiannual coupon rate bond price one year ago, C
= 0.0325 × $1,000
= $32.5
Total period in 15 years = 15 year - 1 year = 14 year
or
n = 14 × 2 = 28 semiannual periods
Therefore,
The present value = ![C\times[\frac{(1-(1+r)^{-n})}{r}]+FV(1+r)^{-n}](https://tex.z-dn.net/?f=C%5Ctimes%5B%5Cfrac%7B%281-%281%2Br%29%5E%7B-n%7D%29%7D%7Br%7D%5D%2BFV%281%2Br%29%5E%7B-n%7D)
= ![\$32.5\times[\frac{(1-(1+0.036)^{-28})}{0.036}]+\$1,000\times(1+0.036)^{-28}](https://tex.z-dn.net/?f=%5C%2432.5%5Ctimes%5B%5Cfrac%7B%281-%281%2B0.036%29%5E%7B-28%7D%29%7D%7B0.036%7D%5D%2B%5C%241%2C000%5Ctimes%281%2B0.036%29%5E%7B-28%7D)
or
= $32.5 × 17.4591 + $1,000 × 0.37147
= $567.42 + $371.47
= $938.89
Hence,
The percent change in bond price = 
= 
= - 6.11%
therefore,
the correct answer is option (C) - 6.11%
Answer:
the average collection period for accounts receivables is 41.2 days
Explanation:
Average Collection Period measures the amount of time it takes to collect credit from accounts owing.
Average Collection Period = Average Accounts Receivables / (Sales/365)
=(($27600+ $56400)/2) / ( $372000/365)
= $42,000/1019.178082
= 41.20967742
= 41.2 days
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Once a company reaches 50 or more employees, and meets any of the below criteria, it has 120 days to create an Affirmative Action Plan. Every year the company remains larger than 50 employees and meets the federal contracts guidelines listed below, it is required to update the plan to track changes in employee population and employee transactions.
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