Answer:
Explanation:
Coupon rate = 5.07%
Yield to maturity = 4.84%
Rate = Yield/2 = 2.42%
N = 14 = 14*2 semiannually = 28 semiannually
Face value = $1000
PMT = (face value*coupon rate)/2 = $25.35
Need to find price which is PV
Using the financial calculator, PV = $1023
Number of bonds to be issued = 41,000,000/1023 = 40,078
Answer:
D. Its purpose is to relate the income tax expense to the items which affect the amount of tax.
Businesses good but very hard.
Answer:
B) The DOL protects workers while the SEC oversees the stock market.
Explanation:
The department of labor primary responsibilities is catering to the welfare of retirees, job seekers, and workers. The DOL promotes the well-being of employees by advocating for better working conditions and protecting their health care and retirement benefits. Department of Labor seeks to have employees profit from their time in employment. It administers several laws that concern workers, such as the occupation, health and safety, and the minimum wages.
The Securities and Exchange Commission (SEC) is a federal agency body that regulates the securities industry. The SEC proposes the rules in the securities exchange and options markets. The body promotes and demands integrity and fair practices from all players in the securities exchange industry.
Answer:
a. can be thought of as the total benefit Ashley enjoys by eating two bananas minus the total benefit she would have enjoyed by eating just the first banana.
Explanation:
The marginal benefit is the satisfaction can is directly associated with the consumption of an extra good or service. The marginal benefit is of a product is the satisfaction derived from consuming more of that product. The marginal benefit of a product depends on the special traits of the product and the intensity of the consumer's need.
To get the marginal benefit of a product, we have to separate the satisfaction from the last consumed unit from the previous one. Marginal is associated with the benefit enjoyed by consumption of the last unit only.