The yield to maturity on the bonds is 10.0868%
<u>Explanation</u>:
Given,
Annual coupon rate = 8% = 0.08
Par value = $ 1000
Price = $ 865
N = 11 
1 .
PV = $ 865
PMT = ( Par Value The coupon rate) / F
= ( 1000 0.08 ) / 1
= 80.
FV = 1000.
Financial calculator solution
the yield to maturity = I = 0.1008668
= 10.0868% .
Answer:
See below
Explanation:
Total costs = Product costs + Administrative costs
= ($75 × 30,000) + $85,000 - ($50 × 30,000) + $65,000 = $3,900,000
Total cost per unit =Total cost / Units expected to be sold= $3,900,000 /30,000 = $130
Markup per unit = Total cost per unit × Markup percentage = $130.00 × 25% = $32.5
The answer is marginal revenue (MR) curve above $22.
Explanation:
Jim and Lisa Groomers will maximize its accounting profit when taking it to 0 its economic profits when marginal revenue = marginal costs.
Economic profits are not the same as accounting profits because they include the opportunity costs of investing the money somewhere else. That is whythe long run firm is not able to make economic profits since as they exist, new competitors will enter the market. But in the case of the shoert run, the firms are able to make economic profit, but by doing so, they cannot maximize their accounting profit.
Economic profit = account profit = Opportunity profit
Opportunity cost are extra costs or benefitslost from choosing one activity or investment over another one.
Answer:
=$422,000
Explanation:
As per the contribution margin concept, the contribution margin per unit is equal to the selling price per unit minus variable costs.
Therefore, the total contribution margin is the sales minus variable costs.
The contribution margin for the west will be sales($930,000) minus variable cost($488,000)
=$930 ,000 - $488,000
=$422,000
Answer:
above $3.00
Explanation:
A price ceiling is when the government or an agency of the government sets the maximum price for a good or service. A price ceiling is non binding if it set above equilibrium price. So price above $3 is non binding. A non binding price ceiling has no effect on the market price.
Price ceiling is binding if it is set below equilibrium price.
Equilibrium price is where the demand and supply curve intersects.
I hope my answer helps you
