Answer:
The correct answer to the following question is $430.241
Explanation:
Zero coupon bond which are also know as pure discount bond, are those bonds which are issued at discount and makes no periodic interest payments to the bearer.
Given information -
Face value at maturity - $1000
Yield to maturity - 8.8%
Number of years till maturity - $10
Current market price - maturity value / (1+ i) ^n
where i = yield to maturity, n = Number of years till maturity
= $1000 / (1+8.8%)^10
= $1000 / (1.088)^10
= $1000 / 2.32428
= $ 430.2407
= $430.241 ( approximately )
Answer:
Press Kits
Explanation:
Based on the information provided within the question these folders are called Press Kits, or in a business context known as Media Kits. Like mentioned in the question these provide the journalists or media outlets all the information that they may need to know on the product, service, or company, in order for them to discuss this or promote the material that is within the brochures.
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Answer:
a. the cost of reducing it's existing pollution by one unit.
Explanation:
Marginal cost refers to the addition to total cost when one more unit of output is produced. Marginal cost in the given case would refer to the additional cost incurred for reducing the current pollution level by one unit.
In the given case, a firm is charged $250 for each unit of pollution emitted under the pollution tax option.
It is also stated that all the firms experience increasing marginal costs of pollution reduction.
This means, as additional units of pollution are reduced, the additional costs would go on increasing.
If a firm finds that, reducing 1 unit of pollution from the current level costs it equal or more than $250, it will opt to pay $250 since, for each subsequent unit of pollution reduction, the additional costs would rise.
