Answer:
approximate YTM = 12.16%.
Explanation:
the approximate yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]
approximate yield to maturity = {100 + [(1,000 - 850) / 12]} / [(1,000 + 850) / 2] = 112.5 / 925 = 0.1216 = 12.16%
An investor that purchases this bond at $850 can expect to earn a 12.16% return.
The possession of a credit thin file is a liability and not an asset because its does not allows lender to access your credit worthiness which makes it hard to obtain loans or credit.
<h3>What is a credit scores?</h3>
A credit score serves an a finacial tool that helpt to tells about someone's creditworthiness.
Normally, the higher the credit score, the higher the rate of repayment of credit.
Hence, these credit score are used by lenders to decide whether to borrow, extend or deny credit for a borrower.
However, having a thin file is not considerd an asset in credit scores because its does not let us know the willing borrower's repayment history of credit.
Read more about credit scores
<em>brainly.com/question/26220899</em>
Answer: 7 years
Explanation:
There are 50 lights and it will cost $50 to replace each light.
Total replacement cost is therefore;
= $2,500
The company gets to save $350 per year if they use LED bulbs.
= 2,500/350
= 7.14 years
= 7 years
