Answer:
9.98%
Explanation:
Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity. It is a long term return which is expressed in annual term.
As per given data
Annual Payment = $500
Current price = $5,012
$500 payment each year for indefinite period of time is a perpetuity, value of perpetuity can be calculated as follow
Current Price = Annual Payment / Yield to maturity
Yield to maturity = Annual Payment / Current Price
Yield to maturity = ( Annual payment / Current price ) x 100
Yield to maturity = ( $500 / $5,012 ) x 100
Yield to maturity = 0.0998 x 100
Yield to maturity = 9.98%
An organized group of people with a particular purpose, such as a business or government department.
Answer:
a. Negative slopes
Explanation:
A negative slopes indicate that there exist a negative relationship between price and quantity demanded of a particular good. This means that when price falls, more units of goods will be purchased by the consumer and vice versa.
A normal good is a type of good whose demand increases as a result of increase in consumer's income. In other words, the higher the income, the higher the quantity demanded of such good by the consumer and vice versa.
It follows that when there is an increase in wage or income of a consumer , more goods will be purchased by them except if there is an increase in the price of such good . When there is price increase for such good, consumer will switch to a substitute good.
The answer is product line length
The product line length will determine the variety of choice available for customers when they're selecting the products from the company.
Larger product line length means that the company could serve a more diverse group of consumer base