Answer: $471,324.61
Explanation:
Price of a bond = Present value of coupon payments + Present value of face value at maturity
Coupon payments = 500,000 * 11% * 1/2 years = $27,500
Periodic yield = 12%/ 2 = 6% per semi annual period
Periods = 10 * 2 = 20 semi annual periods
Coupon payment is constant so it is an annuity.
Price of bond = Present value of annuity + Present value of face value at maturity
= (Annuity * Present value interest factor of Annuity, 6%, 20 years) + Face value / (1 + rate) ^ number of periods
= (27,500 * 11.4699) + 500,000 / (1 + 6%)²⁰
= $471,324.61
Answer:
57,900 units
Explanation:
For computing the equivalent units for conversion costs , first we have to compute the transferred units which is shown below:
= Beginning work in process inventory units + additional units - ending work in process inventory units
= 3,400 units + 64,500 units - 25,000 units
= 42,900 units
Now the equivalent units for conversion costs equal to
= Transferred units × percentage of completion + ending work in process inventory units × percentage of completion
= 42,900 units × 100% + 25,000 units ×60%
= 42,900 units + 15,000 units
= 57,900 units
Answer:
To stop criminal activity.
Explanation:
Answer:
C) Paying a bribe to a company executive in order to be awarded a contract.
Explanation:
Not only politicians or public officials are corrupt, in order for corruption to exist, there must be some private party willing to give a public servant something in exchange for an illegal favor.
During the past few years a huge corruption scandal was uncovered in Brazil, called the lavajato (car wash in English). The most important result was not only the billions of dollars recovered from public servants and politicians, but the fact that the owners and upper management of virtually all the largest Brazilian corporations were sent to jail as accomplices. It is not common that the richest people in a country are sent to jail.
<span>Grassroots lobbying, so called because it is carried out on the most basic level, includes urging group members to contact legislators. Such an action is designed to convince legislators of the breadth of concern and attention for a given issue on the part of private individuals.</span>
