Answer:
YTM = 0.6940%
Explanation:
THe Yield to Maturity (YTM) is the return that you expect from the bond if you held the bond till maturity.
The formula would go as:
YTM = 
Where
F is the face value, or par value
P is the current price
n is the time period, maturity period
Given,
F = 1000
P = 920
n = 12, we have:
YTM = 
Thus, the yield to maturity would be:
YTM = 0.6940%
Out of the following choices given, the term that describes the seller's ability and desire to seel good and services is called demand. The answer will be B.
Answer:
30,154 units
Explanation:
In this question we use the formula of break-even point in unit sales which is shown below:
= (Fixed expenses) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $15 - $8.5
= $6.5
And, fixed cost is $196,000
Now put these values to the above formula
So, the value would equal to
= ($196,000) ÷ ($6.5)
= 30,154 units