Answer:
The price of the bond is 1,072.19
Explanation:
The price at which the bond trades for can be computed using the pv formula in excel which tries to discount to present value all the cash inflows receivable from the bond into today's present worth.
=-pv(rate,nper,pmt,fv)
rate is the yield to maturity of 6.50% divided by 2 since the bond pays interest semi-annually i.e 3.25%
nper is the number of coupon payments the bond would pay which is 7 years multiplied by 2 i.e 14
pmt is the semi-annual interest of the bond which is $1000*7.8%/2=$39
the fv is the face value of the bond of $1000
=-pv(6.5%/2,14,39,1000)=$1,072.19
Answer: We have 1890 − 189 = 1701 digits remaining and therefore 1701:3 = 567 pages with three digits. Hence, the volume has 99 + 567 = 666 pages.
Explanation:
The required components of a <em>database function </em>in the computer science and programming includes:
- D in front of the command
- Range
- Field
- Criteria
According to the given question, we are asked to state the required components of a<em> database function </em>and how this is essential for the database to function properly.
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As a result of this, we can see that the required components of the database function include the =, the range, field, criteria and the D in front of the command.
Read more about database here:
brainly.com/question/14404521
Answer:
Universality of management
Explanation:
As the name suggest the management is universal that means the same technique, same procedure, policies, rules, regulations, etc are applicable in all level of the organizations i.e top, middle and lower level of management plus it also applies on the various size of the organizations and the working locations so that the efficiency and effectiveness of the task or work could be done in a smooth manner
Answer:
In detailed along with all the contingencies that are spelled out.
Explanation:
Common law is the body which is of legal rules that have been made or build through the judges as they will issue the rulings on cases, which is opposed to the rules and the laws which were made through the official statutes or the legislature.
Under the common law, the contracts are made or stated or drafted so that they will provide a brief as well as detailed rules along with all the possible contingencies which were spelled out or made out.