The bond value computed shows that the percentage change in the price of Bill's bond is -10.20%.
<h3>How to calculate the percentage</h3>
From the information given, the following can be deduced:
Nper = 10
PMT(semi annual payment) = 1000 × 12.4% × 0.5 = 62
FV (face value) = 1000
Rate = (12.4 + 3)/2 = 7.7%
New bond value = PV(7.7%, 10.62, 1000) = $897.97
Therefore, the percentage change will be:
= (897.97 - 1000)/1000
= -10.20%.
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Answer:
If oligopolists engaged in some sort of collusion, industry output would be smaller_____ and price would be _higher____ than under perfect competition.
Answer:
When Larry and Bobbie first opened the bakery, labour allocation was not as complicated, but only 2 of them were involved. Larry used to make the cupcakes, and Bobbie used to decorate them to create them seem nice. Merritt's then went on to commit and administer the firm instead of executing tasks, which they used to perform on a daily basis since there were administrators, sales associates, and marketers.
When the firm began to grow, there was a command structure in place, with employees reporting directly to Larry as well as Bobbie. Merritts began recruiting additional executives as the business's effectiveness began to deteriorate as the firm grew, and management was constricted. When new employees joined the leadership team only a few people used to notify Larry and Bobbie.
In the long run, the cost of capital for nonequity funding is generally LESS THAN that of equity investment.
Answer:
a) November 21, 2013
Explanation:
The expected date of birth (EDB) would be calculated using Naegele's Rule and it is based on a normal 28 days menstrual cycle. The steps are as follows:
First, we need to identify the first day of the last menstrual period (LMP). Then we would count it back to three calendar months from that date. Finally, we would add 1 year and 7 days to that date.
In which case, the first day of LMP is February 14, 2013. Going back three months the date would be November 14, 2012. Finally, when we add 1 year and 7 days it would bring you to November 28, 2013, as the estimated due date.
