Answer:
$1,174.75
Explanation:
The computation of the invoice price of the bond is shown below:
As we know that
Invoice Price of Bond = Ask Price of Bond + Accrued interest
where,
Ask Price is
= $1,000 × 116%
= $1,160
Interest accrued for 3 months is
= $1,000 × 5.90% × 3 months ÷ 12 months
= $14.75
So,
Invoice Price of Bond is
= $1,160.00 + $14.75
= $1,174.75
Answer:
D. $375,000
Explanation:
Expected return of 13% for $1,000,000 will be $130,000
If we invest $375,000 in Stock X, our expected return based on 18% will be $ 67,500 and the remaining $625,000 will be invested in Stock X, therefore expected return based on 10% will be $ 62,500 and thereby giving the total return of $130,000 which is 13% of $1,000,000 and hence $375,000 will be invested in Stock X
The answer is a vast majority of people engage in simple
agriculture. This kind of economy is a non-monetary economy which depend
on natural resources to be responsible for basic needs, over and done with shooting,
gathering, and subsistence agriculture.
I would say that the use of teams in the workplace follows their use in universities and colleges whereby many heads are better than one and also different types of expertise may be required at work such as geologists, electricicans, pipefitters, excavator operators, etc.
Answer:
Supply Inelastic: Demand shift will have <u>more</u><u> </u>effect on <u>price</u> than on quantity
Explanation:
Demand and supply reflect buyers & sellers - buying & selling tendencies.
Demand curve & supply curve are downward sloping & upward sloping respectively (∵law of demand , law of supply) & EQUILIBRIUM is where Demand = Supply & Demand, Supply curves intersect.
Elasticity is demand / supply responsiveness to price change. Inelastic Supply doesn't respond to price. It has a vertical curve parallel to y axis (unlike usual upward sloping curve).
Demand change shifts downward sloping demand curve - 1. Rightwards if Increase in Demand, 2. Leftwards if Decrease in Demand. 1st case (↑Dd) with inelastic supply leads to increase in price & no change in quantity, at new equilibrium. 2nd case (↓Dd) with inelastic supply leads to decrease in price & no change in quantity, at new equilibrium.
So, Change in Demand with Inelastic Supply changes only Equilibrium Price & not Equilibrium Quantity.
