Answer:
The price of the bond will be $879
Explanation:
Price of the bond is the present value of all cash flows of the bond. Price of the bond is calculated by following formula:
According to given data
Coupon payment = C = $1,000 x 6.2 = $62 annually = $31 semiannually
Number of periods = n = 2 x 8 years = 16 periods
Current Yield = r = 8.3% / 2  = 4.15% semiannually
Price of the Bond = $31 x [ ( 1 - ( 1 + 4.15% )^-16 ) / 4.15% ] + [ $1,000 / ( 1 + 4.15% )^16 ]
Price of the Bond = $31 x [ ( 1 - ( 1 + 0.0415)^-16 ) / 0.0415 ] + [ $1,000 / ( 1 + 0.0415 )^16 ]  
Price of the Bond = $31 x [ ( 1 - ( 1.0415)^-16 ) / 0.0415 ] + [ $1,000 / ( 1.0415 )^16 ]  
Price of the Bond = $521.74 + $357.26   = $879 
 
        
             
        
        
        
Answer:
$1,312.50
Explanation:
Calculation for How much was the referring agent paid
First step is to find the buyer agent amount by using the buyer's agent percentage to multiply the buyer purchased amount of the home 
Using this formula 
Buyer agent amount =Buyer's agent percentage× Home purchased amount 
Let plug in the formula 
Buyer agent amount=1.5%×$350,000
Buyer agent amount=$5,250
The last step is to find How much was the referring agent paid
Using this formula 
Amount referring agent paid =Buyer agent amount× Percentage of buyer side commission
Let plug in the formula 
Amount referring agent paid=$5,250×25%
Amount referring agent paid=$1,312.50
Therefore the amount that the referring agent paid will be $1,312.50
 
        
             
        
        
        
Answer:
You get the highest net income in year 2 with  <u>Units-of-production  method.</u>
Explanation:
Schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods is attached.  
<u>Straight-line
</u>
Depreciation expense 2nd year=$5.000=(Original Value -Residual Value)/Useful life
<u>Units-of-production
</u>
Units of Production Rate=2.5=(Original Value -Residual Value)/estimated productive life
Depreciation expense 2nd year= 7250
<u>
Double-declining-balance.
</u>
Depreciation rate        20,00%        1/useful life *100
Depreciation expense 2nd year= 6720
 
        
             
        
        
        
Answer:
Explanation:
Good way: using your credit card and paying off the balance each month and on time can increase your credit score. Also, having a large credit limit affects the credit positively 
Bad way: paying your balances late or not at all is bad for your credit.