Answer:
The current yield of the bond is 7.89%
Explanation:
The current yield is calculated by dividing the coupon payment by the price of the bond. To solve this question we first need to calculate the price of the bond. We will input the following in a financial calculator to find the price of the bond.
FV= 1,000
PMT= 0.082*1,000=82
N=11.5
I= 7.67
Compute PV=1,039
Now that we know the price we will divide the coupon payment which is 82 by the price which is 1,039.
82/1,039=0.0789=7.89%
Answer: C; Ot increases the value of a U.S dollar.
Explanation: Just did the quiz
An increase in the price of coffee beans can be expected to increase the demand for pie.
So, in the market if the price of coffee beans increases, quantity demanded for coffee will decrease. As, the coffee in turn is a complement to pie the consumers using coffee will now shift themselves to pie, unless the price decreases for coffee. Thus, the demand for pie is expected to increase now.
Several events could lead to such a change, an increase in population , an increase in incomes, or an increase in the price likely to increase the quantity of coffee demanded at each price.
Hence, this represents the Law of Demand.
To learn more about the Law of Demand here:
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Answer:
The definition for the problem is listed in the segment below on explanations.
Explanation:
The seven elements that will have to go along with the partnership agreement or resolution are given below:
- Name, place, as well as nature.
- Title, capital commitment, and responsibilities.
- New partner practices.
- Benefit and loss account.
- Asset withdrawal.
- Partnership liquidation.
So that the above is the right answer.