Answer:
Bond price= = $869.84
Explanation:
Given data:
Face value (F)=$1000
Interest rate (i)=10%
Coupon rate (c)= 7% annually
No of year n = 14
we know that bond price is given as

putting all value to get the desired value

= $869.84
Answer:
Explanation:
Answer has been provided in the attachment
Answer:
Option (B) is correct.
Explanation:
Given that,
Megabux National Bank currently has deposits = $200 million
Fed establishes a reserve requirement = 12 percent
Therefore,
Reserves must be hold by the Megabux national bank against its deposits:
= Amount of Deposits × Required reserve ratio
= $200 million × 12 percent
= $200 million × 0.12
= $24 million
Answer:
Mail and online research.
Explanation:
Since in the given situation, it can be seen that the company does not have much amount to be incurred on the research so the best option is to do online research and mail as the person research and the telephone research becomes expensive as compared to the mail and online research
Therefore the above should be the answer
Checking account makes one's money available when and where you need it while also keeping it safe.
Let first understand that Checking account is an account that facilitates easy withdrawal and deposit at any period of time while Saving account is an account used primarily for savings.
- Usually, a saving account does not allow withdrawal until maturity period, but the Checking account is opposite because its an account that is made ready for withdrawal of money therein.
In conclusion, a debit card are issued with the Checking account to ensure your money is available when and where you need it.
Learn more about Checking account here
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