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patriot [66]
3 years ago
14

Morin company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. the mark

et requires an interest rate of 8.2% on these bonds. what is the bond's price?
Business
1 answer:
scZoUnD [109]3 years ago
7 0
<span>what is the bond's price?
</span>it is $903.04
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ou plan to deposit $5,900 at the end of each of the next 20 years into an account paying 10.8 percent interest. a. How much will
Furkat [3]

Answer:

$326,622.73

Explanation:

Calculation to determine How much will you have in your account if you make deposits for 20 years

Using this formula

Future value = Annuity × {( 1 + interest rate) ^ time period - 1} ÷ interest rate

Future value = $5,900 × {( 1 + 0.097 ^ 20 years - 1} ÷ 0.097

Future value= $5,900 × 55.3597842916

Future value= $326,622.73

Therefore the amount you will have in your account if you make deposits for 20 years is $326,622.73

6 0
3 years ago
In the context of contracts formed by promises, a bilateral contract is defined as: Multiple Choice an agreement in which a prom
Ierofanga [76]

An agreement containing mutual promises. Workers on a building are guaranteed that their contractors will pay them at the end of each month.

<h3><u>How do bilateral contracts work?</u></h3>

A bilateral contract is a <u>legally binding arrangement</u><u> between two parties wherein each exchanges commitments to carry out and execute </u><u>one-half of a deal</u>. Because it makes both parties into what is known as an "obligor," or a person or party who is bound to another, this contract form is one of the most often utilized binding agreements.

Due to their widespread usage, sales contracts and bilateral contracts are frequently used interchangeably. An obligor has violated the bilateral agreement if they don't carry out their obligation (and of course, vice versa).

Learn more about Bilateral Contract with the help of the given link:

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3 0
2 years ago
Candidates who earn a certain amount of money fundraising and agree to certain limitations on spending are eligible for
Anni [7]
Wish I Know the abdwev
4 0
3 years ago
Erin, a department manager, is struggling trying to lead a cross-functional team. Most members are other department managers at
Ksju [112]

Answer:

The correct answer is: Weak Position power.

Explanation:

The position power can be understood as the amount of influence that an individual has over a group. In other words, an individual with strong position power is able to administer either rewards or punishment to the members of a given group

Leaders, usually have strong position powers, specially when the people they are leading are from lower levels.

In this particular case, Erin who is a department manager is struggling trying to lead a cross-functional team because most members are other department managers at her level, and they see no reason to do what she asks. Here, Erin has Weak position power, because she is at the same level of the members of the group she is supoosed to lead.

In conclusion, the correct answer is: Weak Position power.

8 0
4 years ago
If the equilibrium quantity demanded for a new sports watch is 900 truckloads of watches and the equilibrium price is $70 per wa
IrinaVladis [17]
This item is asking us to determine the number of truckloads of watches that needs to be manufactured in order to reach equilibrium. If we let x be the number of watches then, the equation that would best describe the given is,
                                    (900)(70) = (x)(40)
The value of x from the equation is 1575. Thus, the company needs to manufacture 1575 watches. 

8 0
3 years ago
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