Answer:
c. 2.35%
Explanation:
10 year T bond Yield = 5.05 % (let it be rT10)
10 year TIPS yield = 1.8 % ( let it be r* )
MRP = 0.9%
Expected Inflation = rT10 - r* - MRP
= 5.05 % - 1.8 % - 0.9%
= 2.35 %
Therefore, The expected rate of inflation over the next 10 years is 2,35%.
Answer:
B)debit Interest Expense, $200; credit Interest Payable, $200
Explanation:
The adjusted journal entry for the interest expense is shown below:
Interest expense A/c Dr $200
To Interest payable $200
(Being the interest adjusted entry is recorded)
Since we have to record the interest expense from September 1 to September 30 which reflects 1 month and the computation of interest expense is shown below:
= Principal × rate × (number of month ÷ total number of months in a year)
= $40,000 × 6% × (1 ÷ 12)
= $200
Jordan's Underprices
If you find a lower advertised price on identical merchandise under the same terms and conditions from another store-based retailer within the local Retail Trade Area, within 30 days of purchase, Jordan's Furniture will refund the difference.
Industry: Retail; Furniture
It would be D because it explains why there cannot be a fortune telling gift!