Answer: a 0.049, 0.05 and 0.05 or 5%
b 0.039, 0.041 and 0.041 or 4%
Explanation:
Ai discounted yield = [(Face value - purchase price)/Face value] * 360/ maturity
Discount yield =:[(100000 - 96040)/100000] * 360/290
= 0.0396* 1.24
= 0.049
ii. Bond equivalent yield (BEY) = [(Face value - purchase price)/purchase value] * 365/M
BEY= [(100000 - 96040)/96040] * 365/290
BEY = 0.05
iii EAR = [(1+BEY/n)exp n - 1)
EAR = [(1 + 0.05/(365/290)) exp (360/290) - 1]
EAR = [(1 + 0.05/1.26) exp (1.26) - 1
EAR = (1.04) exp (1.26) - 1
EAR = 0.05 or 5%
The same formula are applied for the B part
Discount yield = [(100000-96040)/100000] * 360/365
Discount yield = 0.0396 * 0.986
= 0.039
B ii. BEY = [(100000 - 96040)/96040] * 365/365
BEY = 0.041 × 1
BEY = 0.041
B iii. EAR = [(1 + 0.041/(365/365))exp (365/365) - 1
EAR = (1 + 0.41) - 1
EAR = 0.041 or 4%
Answer:
a higher price and produce a smaller output than a competitive firm
Explanation:
A monpolistically competitive firm is a firm that :
1. Sells differentiated products from other firms in the industry.
2. Has many buyers and sellers
3. Is a price maker
4. Has no barrier to entry or exist of firms
An example of a monpolistically competitive firm is a resturant.
A competitive firm is a firm that:
1. Sells identical goods with other firms in the industry.
2. Is a price taker . Prices are set by forces of demand and supply
3. Has many buyers and sellers
4. There are no barriers to entry or exist of firms.
When a monopolistic and competition firm are faced with the same unit cost, a monopolistic firm would aim to earn profit by increasing its price and reducing the quantity produced.
While a perfect competition would sell at the price set by the forces of demand and supply. The firm can increase the quantity produced in order to increase revenue.
A monopolistic firm is able to charge a higher price for its products while a perfect competition isn't.
Answer:
This enables Fleet to reduce costs of regulatory compliance in relation to the security issue
Explanation:
When a company is exempt under the Securities Act of 1993,this implies that when issuing securities in the market place,the stock exchange ,the company is not required to produce audited financial statements.
Auditing financial statements sometimes cost fortunes especially when it is also required that one of the Big-4 professional firms is to be consulted.
By not requiring audited financials,the costs of audit is saved,hence cost of compliance with exchange rules is reduced overall
Answer:
$5,100 Dollars
Explanation:
3,000 x .07 = 210
210 x 10 = 2100
3,000 + 2100 = 5100
You will have $5,100 dollars total value in 10 years!
Answer: Compare and contrast the penalties in a civil and criminal trial. In a criminal trial, a defendant can be sentenced to jail time, can be fined, and can be forced to undergo some treatment or remedy. In a civil trial, a defendant can be assessed damages and can be coerced to follow through on an agreement.
Explanation: HOPE IT HELPS :)
