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3 years ago

Given a fixed nominal interest rate on a loan, unanticipated deflation:

1 answer:

6 0

Deflation means that your money has more buying power, thus it decreases the burden of paying off your loan because (in theory) you would have more money available to pay your loan since other prices have gone down.

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A ____________ believes that good society derives from the sum of the best efforts of individuals-largely unfettered by external

Marizza181 [45]

Answer:

Conservative

Explanation:

Do you have anymore of these on this subject?

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3 years ago

Philanthropists, who hold that social responsibility is justified in terms of amoral duty toward helping less-advantaged members

Tanzania [10]

Answer: True

Explanation:

Philanthropists such as Bill Gates try to help the less-advantaged members of society by giving their time and / or raising and donating money to them to make their lives easier.

These philanthropists believe that doing so amounts to social responsibility and that such efforts should be carried out through organized, tax-deductible charity and stewardship which has led many to accuse some philanthropists of only doing good to avoid taxes.

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3 years ago

__________ is an advanced procedure where products are created one layer at a time. it is also known as additive manufacturing.

vovikov84 [41]

Answer: 3D printing

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3 years ago

At the end of the 2017 fiscal year the General Fund had $500 in encumbrances that remained opened into fiscal year 2018. In 2018

katen-ka-za [31]

Answer:

$20 will be recorded as the 2018 expenditure.

Explanation:

In this case, $500 is the remaining in the General Fund for 2017 fiscal year in encumbrances that remained opened into fiscal year 2018.

In 2018, since encumbered goods were received at an invoiced cost of $520, $20 will be recorded as the 2018 expenditure after deducting the carry-forward of 2017 encumbered fund balances of 2017.

First balances carry-forwarded are utilized and then the funds allocated to the General fund for the current fiscal i.e 2018 is utilized. Hence the actual amount that would be recorded as the 2018 expenditure will be $520 - $500 carry forward from 2017 = $20.

6 0

3 years ago

The 5.3 percent bond of Dominic Cyle Parts has a face value of $1,000, a maturity of 12 years, semiannual interest payments, and

givi [52]

Answer:

$936.17

Explanation:

The current market price of the bond = present value of all coupon received + present value of face value on maturity date

The discount rate in all calculation is YTM (6.12%), and its semiannual rate is 3.06%

Coupon to received semiannual = 5.3%/2*$1000= $26.5

We can either calculate PV manually or use formula PV in excel to calculate present value:

<u>Manually:</u>

PV of all coupon received semiannual = 26.5/(1+3.06)^1 + 26.5/(1+3.06)^2....+ 26.5/(1+3.06)^24 = $445.9

PV of of face value on maturity date = 1000/(1+6.12%)^12 = $490.27

<u>In excel:</u>

PV of all coupon received semiannual = PV(3.06%,24,-$26.5) = $445.9

PV of of face value on maturity date = PV(6.12%,12,-$1000) = 1000/(1+6.12%)^12 = $490.27

The current market price of the bond = $445.9 + $490.27 = $936.17

Please excel calculation attached

Download xlsx

7 0

3 years ago