Answer:
3.63%
Explanation:
For computing the bond coupon rate, first we have to determine the PMT by applying the PMT formula that is shown on the attachment
Given that,
Present value = $900
Future value = $1,000
Rate of interest = 6%
NPER = 5 Years
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the PMT is $36.26
Now the coupon rate is
= $36.26 ÷ $1,000
= 3.63%
Answer:
ii. Her accounting profit was $150,000
iii. Her economic profit was $50,000
Explanation:
The computation is shown below:
For accounting profit, it is
= Total revenues - total expenses i.e explicit cost
= $250,000 - $100,000
= $150,000
And, for economic profit
= Total revenues - total cost i.e explicit and implicit cost
= $250,000 - $100,000 - $100,000
= $50,000
Hence, the second and third options are correct
Answer:
Military equipment.
Explanation:
American industry during wars required enough of industrial power to outstand other countries. To do this, the automobile industry was specifically equipped with raw materials to manufacture war vehicles such as tanks, jeeps, and trucks. Thus, this industry was uniquely suited to the mass production of 'Military Equipment'.
Answer: C) an increase in the capital/labor ratio and an increase in consumption per worker
Explanation:
An increased in the saving rate in a steady state caused the increased in the consumption for each worker when the ratio of the capital labor become capital stock under the golden rule. As, the rate of the higher saving automatically increased the growth of the economical rate. When there is shifting from lower to higher in the steady state then, the rate of the growth increased.
