Answer:
7.59%
Explanation:
Using a financial calculator, input the following to calculate Yield to Maturity (YTM). I'm using Texas Instruments BA II Plus model.
Face value of the bond ; FV = 1000
Annual coupon payment; PMT = Coupon rate * Face value ;
PMT= 8.5%*1000 = 85
Present value of bond or price; PV = -1062.50
Time to maturity in years ; N = 10
then compute annual interest rate ; CPT I/Y = 7.59%
Answer:
d. Treasury Stock for $240,000
Explanation:
The journal entry for re-acquisition of the stock under the cost method is shown below:
Treasury stock A/c Dr $240,000
To Cash A/c $240,000
(Being the stock are reacquired for cash)
The $240,000 amount should be come from
= Number of shares × common stock per share
= 16,000 shares × $15
= $240,000
Since the stock is reacquired so we used the treasury stock account instead of the common stock account
False is correct answer.
Because the federal funds rate target is not the most frequently used their monetary policy tool.
Hope it helped you.
-Charlie
Answer:
The correct answer is option c.
Explanation:
If the restrictions on working hours are removed such that keeping other factors constant, the total number of hours worked increases. This will cause the total output to increase.
But the workers will not be able to work efficiently for longer hours. This will cause productivity to decline.
This happens because working for long hours will make the workers tired. Their health is negatively impacted so their productivity will decline.