Supply and demand changes the price of eggs
Answer:
$4,400,000
Explanation:
Cash Pledged $2,000,000
Treasury bill due in one month $2,000,000
Cash in checking account $400,000
Cash and Cash Equivalents $4,400,000
Please note that treasury bill due after 90 days or maturing after 90 days are not considered cash equivalents.
Answer:
Joint ownership
Explanation:
A sort of ownership of real or Personal Property by at least two people in which each claims a unified enthusiasm for the entirety.
he people, who are called joint occupants, share equivalent responsibility for property and have the equivalent, unified right to keep or discard the property.
Example :
Two colleagues may together claim a business property. In the event that two people own any organization and one of them was died then the entire of the complex has a place with the co-proprietor, and not the decedent's beneficiaries.
Answer: $1051.51
Explanation:
Coupon rate = 10%
Face value = $1,000
Yield to maturity = 8%
Annual coupon will be:
= Face value × Coupon rate
= 1000 × 10%
= 100
Therefore, the price of bond will be:
= Annual coupon × Present value of annuity factor + $1000 × Present value of the discounting factor
= (100 × 2.5771) + (1000*0.7938)
= 257.71 + 793.8
= $1051.51
The price of the bond is $1051.51
The more time the higher the interest rate
