Answer:
YTM = 10.53%
YTC = 14.36%
Explanation:
the yield to maturity (YTC) formula is:
YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]
YTM = {$45 + [($1,000 - $900)/20]} / [($1,000 + $900)/2] = $50 / $950 = 5.26 x 2 coupons per year = 10.53%
the yield to call (YTC) formula is:
YTC = {$45 + [($1,050 - $900)/6]} / [($1,050 + $900)/2] = $70 / $975 = 7.179 x 2 = 14.36%
Answer:
C) promoting government initiatives to help the poor
Explanation:
The complete question has the following options:
A) organizing campaigns for politicians
B) taking direction from government officials
C) promoting government initiatives to help the poor
D) Working with large corporations on trade policies to increase profits
in a service solely dedicated to promote charities and donations, it is important to keep it separate from all kinds of political, governmental, or corporate business activity.
Answer:
a. $33,300
b. $0.03 per copy
c. $7,560
Explanation:
Units of Output = (Cost - Residual Value) × ( Period`s Production / Total Expected Production)
Depreciable Cost = Cost - Residual Value
= $36,600 - $3,300
= $33,300
Depreciation Rate = Depreciable cost ÷ Expected Production
= $33,300 ÷ 1,110,000 copies
= $0.03 per copy
Depreciation for the year = Depreciation Rate × Period`s Production
= $0.03 × 252,000 copies
= $7,560
Answer:
- Monthly Payment for Choice 1=$665.16
- Monthly Payment for Choice 2=$627.10
- Total Closing Cost for Choice 1=$241557.60
- Total Closing Cost for Choice 2=$233456
- (A)Choice 1 be the better choice the monthly payment is higher.
- (D)Choice 2 be the better choice because the monthly payment is lower.
Explanation:
Amount of Loan needed = $140,000
- A point is an optional fee which helps you get a lower interest rate on your loan.
- Closing costs are the fees you pay when obtaining your loan.
<u>Choice 1</u>
30-year fixed rate at 4% with closing costs of $2100 and no points.
Monthly Payment
P=$140,000
Monthly Rate=4% ÷ 12=0.04 ÷ 12=0.0033
n=12 X 30 =360
Monthly Payment=$665.16
Total Closing Cost =(665.16 X 360)+2100=$241557.60
<u>Choice 2</u>
30-year fixed rate at 3.5% with closing costs of $2100 and 4 points.
Monthly Payment
P=$140,000
Monthly Rate=3.5% ÷ 12=0.035 ÷ 12=0.0029
n=12 X 30 =360
Monthly Payment=$627.10
Total Closing Cost =(627.10 X 360)+2100+(4% of 140000)=$233456
<span>Assesses the attractiveness of an SBU's market and the strength of its position in the market.</span>