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Scorpion4ik [409]
2 years ago
11

Which of the following statements about federal student loans is true

Business
1 answer:
storchak [24]2 years ago
4 0

The interest rate on your loan will be fixed overtime

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O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal annual, not semiannual yiel
kiruha [24]

Answer:

7.84%

Explanation:

Given:

Bond's par value (FV) = $1,000

Maturity (nper) = 25 × 2 = 50 periods (since it's semi-annual)

YTM (rate) = 0.0925÷2 = 0.04625 semi annually

Price of bond (PV) = $875

Calculate coupon payment (pmt) using spreadsheet function =pmt(rate,nper,-PV,FV)

PV is negative as it's a cash outflow.

So semi- annual coupon payment is $39.20

Annual coupon payment = 39.2×2 = $78.40

Nominal Coupon rate = Annual coupon payment ÷ Par value

                                     = 78.4 ÷ 1000

                                     = 0.0784 or 7.84%

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3 years ago
How to establish a positive work environment
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3 years ago
What is the role of Scientific management in the modern era?​
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The Scientific management in the modern era is management that analyzes and synthesizes workflows.

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Scientific management in the modern era is helped in the enhanced production. The employees perform repetitive tasks and are therefore easily controlled by the management.

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Financial markets pay close attention to changes in the federal funds rate because these changes:
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Financial markets give careful consideration to changes in the government reserve's rate in light of the fact that these progressions .show the Fed's arrangements for money related strategy. Financial markets is a market in which individuals exchange monetary securities, products, and other fungible things of significant worth at low exchange costs and at costs that reflect free market activity.
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Plumlee Corporation has the following account balances at December 31, 2017.
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Answer and Explanation:

Please find answer and explanation attached

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