Someone who nourishes and evokes the best qualities in people
Answer:
Cell
Explanation:
Every little box in excel is called a cell.
Answer:
c. might increase or decrease
Explanation:
Equilibrium price is the price at which quantity demanded equals quantity supplied in a competitive market.
Producer surplus is the excess of revenue realized from the sales of the equilibrium quantity at a price higher than the equilibrium price.
The producer surplus may increase or decrease. It may increase if the quantity demanded, do not decrease. It may decrease if the quantity demanded, decreases.
Answer:
The market price of this bond is: $1,069.8.
Explanation:
To calculate the market price of the bond, we have to use the following formula:
Bond Price= C*((1-(1+r)^-n)/r)+(F/(1+r)^n)
C= periodic coupon payments: $1,000*7%= $70
F= Face value: $1,000
r= Yield to maturity: 5.85%
n= No. of periods until maturity: 8 years
Bond Price= 70*((1-(1+0.0585)^-8)/0.0585)+(1,000/(1+0.0585)^8)
Bond Price= 70*((1-0.635)/0.0585)+(1,000/1.58)
Bond Price= 70*6.24+633
Bond Price= 436.8+633
Bond Price= 1,069.8
