Answer:
It will be sold at $1,186.71
Explanation:
We will calculate the present value of the cuopon payment and the maturity at the new market rate of 7%
<u>The coupon payment will be calcualte as the PV of ordinary annuity</u>
C $50 (1,000 x 10%/2 as there are 2 payment per year)
time 16 (8 years x 2 payment per year)
rate 0.035 (7% rate / 2 payment per year)
PV $604.7058
<u>The maturity will be calculate as the PV of a lump sum</u>
Maturity 1,000.00
time 8 years
rate 0.07
PV 582.01
<u>The market price will be the sum of both:</u>
PV cuopon $604.7058
PV maturity $582.0091
Total $1,186.7149
FOR:
- increased income for workers
- more workers attracted to the workforce
- less strain on federal resources for those in poverty
Against
- more costly for businesses
- possible unemployment due to job automation
- higher prices for consumers.
Here are some basic arguments. You will need to explain these a bit more for your assignment though.
Answer:
The statement is: True.
Explanation:
In management, devil teams are those composed of individuals who tend to have a critical way of thinking about ideas or methods of working proposed. Their objective is not to play the role of antagonists but to expose possible weak points on what is being proposed to them to improve it.
Answer:
Pay the claim and the accident occurred during the grace period
Explanation:
Grace period is the period or the set length of the time after the due date during that the payment is to be made without any penalty by the insurer or the person.
The grace period mostly is of 15 days and it is usually involves in the insurance contact and the mortgage loan.
So, in this case, the insurer forget to pay the premium but on march 19, she met with an accident and broke her leg, then the insurance company will be paying the claim as the accident happened during the grace period.
Answer:
Simple rate of return is 5.8%
Therefore option (a) is correct option.
Explanation:
It is given that purchase cost = $793800
Company saving per year = $133000
Yielding = $21200
Annual depreciation = $88200
Annual profit = $133000 - $88200 = $44800
Net investment is equal to = $793800 - $21200 = $772600
Simple rate of return
= 5.8%
Therefore simple rate of return is 5.8 %
So option (a) is correct.