Answer:
$898.54
Explanation:
The Price of the Bonds is equal to the Present Value or Fair Value of the Bonds.
Using the Financial Calculator, Input elements will be as follows :
N = 15
pmt = $1,000 × 5.7% = $57
YTM / i = 6.8%
Fv = $1,000
Pv = ?
Pv = $898.54
The Coupon rate is lower than the market rate thus the Bonds will fetch a lower price.
Answer:
Roll-out approach
Explanation:
In the roll-out approach a company tries out a campaign or promotion in some part of a country and if successful, they replicate same in other areas, and then across the country. The new variety of Doritos was first rolled out in areas that they company felt they could measure the success of the brand, and then finally rolled out to the entire country.
Answer: $96,500
Explanation:
Manufacturing cost includes all the costs that went into production in a period including direct costs and manufacturing overhead:
= Direct materials + Direct labor + Manufacturing Overhead
Manufacturing overhead = Beginning work in process + Factory overhead - Ending work in process
= 11,200 + 52,600 - 11,800
= $52,000
Manufacturing cost = 19,500 + 25,000 + 52,000
= $96,500
Answer:
This is how the market for board games would be affected in the explanation below
Explanation:
Because the manufacturers of the board game expect that the demand for their games would experience a decline, they would have to adjust their Production according to the decline. This is going to shift supply curve to the left, because of the decline in the production. Then equilibrium price would then increase as the quantity decreases because of the shift of the supply curve to the left.
