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Ira Lisetskai [31]
3 years ago
13

This problem has been solved!See the answerMidland Oil has $1,000 par value bonds outstanding at 13 percent interest. The bonds

will mature in 20 years. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.Compute the current price of the bonds if the present yield to maturity is: (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.)Bond Pricea. 16 percent $b. 12 percent $c. 11 percent $
Business
1 answer:
aev [14]3 years ago
5 0

Answer:

si

Explanation:

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Suppose that a university decides to spend $1 million to upgrade personal computers and scientific equipment for faculty rather
Vladimir [108]

Answer:

<u>Opportunity cost </u>

Explanation:

Suppose that a university decides to spend $ 1 milion to upgrade personal computers and scientific equipment for faculty rather than spend $  million to expand parking for students . This example illustrates<em><u> opportunity costs.</u></em>

<em>Opportunity cost refers to the cost shifting one opportunity to another opportunity or availing one opportunity in terms of another.</em>  

Formula of Opportunity cost is :

<u>Opportunity cost</u>    =  Total Revenue - Economic Profit

                                    Or

<u>Opportunity cost </u>  = What one sacrifice / What one gain

In Opportunity cost we chose one thing or option over the cost of another thing or option. Opportunity cost places a important role in economic theory .

As it tell us that people can choose only one thing not the both things at the sane time.

3 0
3 years ago
The following exchange demonstrates which problem-solving technique the issues we are having with the design is similar to the i
levacccp [35]

Answer: Question Assumptions

Explanation:

3 0
3 years ago
RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer.
mezya [45]

Answer:

RecRoom Equipment Company

Date                 Particulars               Debit              Credit

1Nov            Note Receivable      $ 13,200

                          Account Receivable                 $ 13,200

RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer.

31 December  Interest Receivable        $ 924

                              Interest Revenue                $ 924

To record the accrued interest earned. $13,200*7%= $ 924. As it is for two months the amount would be $ (924/12)*2= $ 154

1 May            Cash                    $ 13,662

                            Interest Income                           $ 462

                               Notes Receivable                  $ 13,200

  RecRoom receives the interest on the note's maturity date. RecRoom receives the principal on the note's maturity date.                                    

4 0
3 years ago
What is 5 x + 3 + 3x
elena-s [515]
5x + 3 + 3x = 8x + 3
7 0
3 years ago
Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 68,00
Genrish500 [490]

Answer:

1.Total cost of making = $1,632,000.

2) Incremental cost of buying $<em>204,000 </em>

3.)The company should make the product as it will save $204,000 by doing so

Explanation:

1) Total cost of making = unit cost× units required cost

Total cost of making =  24.00 × 68,000= 1,632,000.0

2) Total incremental cost of buying

<em>Relevant cost of making</em>

Unit variable cost= (5.00 + 9.00+ (30%× 10)=17

Total variable cost of making = 17  ×68,000 =               1,156,000

<em>Relevant cost of buying        </em>68,000× 20   =                <u> 1,360,000 </u>

Incremental cost of buying                                             <u><em>204,000 </em></u>

<u><em></em></u>

3) Haver should make the product as it will save $204,000 by doing so

       

5 0
3 years ago
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