Answer:
the effective annual yield is 12.34 %.
Explanation:
The effective annual yield is the interest rate that will make the coupons and par value equal the market price of the Bonds. It is also known as the Yield to Maturity (YTM).
This is calculated using the Time Value of Money Technique as follows :
PV = - $975.71
PMT = ($1,000 × 6.00%) ÷ 2 = $60
N = 18.00 × 2 = 36.00
P/YR = 2
FV = $1,000
YTM = ?
Using a Financial calculator to input the data as above, the effective annual yield is 12.34 %.
Answer:
"The restuarant said the food needs 15 more minutes to cook. Sorry for the wait!"
Explaination:
maybe something along the lines of that??
Answer: 1.90
Explanation:
The Government Purchases Multiplier given the variables is given by the expression;
Government Purchases Multiplier =
Where MPC is the Marginal Propensity to Consume,
T is tax rate and,
MPI is the Marginal Propensity to Import
Government Purchases Multiplier =
=
=
= 1.90
A paid occupation, especially one that involves prolonged training and a formal qualification