Answer:
$231,600
Explanation:
In effective interest rate method, the interest expense is calculated on the the beginning Book value of the bond and market interest rate. Deducting the coupon payment from this value we get the amortization value of discount given on the issuance of bond
Interest Expense = Book value of the bond x Market rate = $2,316,000 x 10% = $231,600
Coupon Payment = Face value x coupon rate = $2,510,000 x 8% = $200,800
Discount Amortization = Interest Expense for the period - Coupon Payment = $231,600 - $200,800 = $30,800
$200,800 interest will be paid, Discount will be amortized by $30,800, and total expense of $231,600 will be charged as interest expense.
As a member of the Federal Reserve Board, in an inflationary situation I would suggest a change in the federal funds rate that would be accomplished by raising the base interest rate of the US economy. This would make bonds more attractive and people would stop consuming to invest in public debt securities. In addition, raising interest rates would discourage credit, causing banks to lend less. Since inflation is a monetary phenomenon caused by the excess of currency in circulation, these measures would have a downward effect on inflation, as they reduce the amount of money in circulation in the economy.
Answer:
1. I think the course should be offered to all people in retail.2.viruses and websites you shouldn't be on.3.viruses and malware.4.communication.5.groups so that they can work on their communication skills.6.malware viruses and protection sweeps
Explanation:
Answer:
$18,750
Explanation:
The computation of cash or securities is shown below:-
Initial margin or cash or securities to be put into brokerage = Number of shares × current market price per share × Initial margin
= 300 × 125 × 50%
= $18,750
Therefor for computing the initial margin or cash or securities to be put into brokerage we simply applied the above formula.
Answer:
C
Explanation:
Compare the prices. You can tell which item cost less per unit and is the best deal.