Answer:
$746,617.36
Explanation:
Using a financial calculator, input the following to calculate the price of the US Treasury note. I'm using Texas Instruments BA II Plus model;
Face value of the bond ; FV = 1,000,000
Semiannual coupon payment; PMT = Coupon rate * Face value ;
PMT= (3%/2) *1,000,000 = 15,000
Time to maturity of the note ; N = 4*2 = 8
Semiannual interest rate; I/Y = 11% /2 = 5.5%
then compute the Present value of bond or price; CPT PV = $746,617.36
Answer:
are qualified in there industry
Explanation:
that's what my quiz said was right
Answer:
A. $7,350
Explanation:
The computation of the vested benefit is shown below:
= Average salary × given percentage × five years × vesting percentage
= $70,000 × 3.5% × 5 years × 60%
= $7,350
Hence, the correct option is A.
It would be d bc it not everyone does all of the things they are saying