Answer:
Explanation:
Coupon rate = 5.07%
Yield to maturity = 4.84%
Rate = Yield/2 = 2.42%
N = 14 = 14*2 semiannually = 28 semiannually
Face value = $1000
PMT = (face value*coupon rate)/2 = $25.35
Need to find price which is PV
Using the financial calculator, PV = $1023
Number of bonds to be issued = 41,000,000/1023 = 40,078
Answer: allows businesses, within broad limits, to choose what goods to produce
Explanation:
Free enterprise also referred to as the free market is a form of economy whereby prices, services and products, are determined by the market, and not the government. In free enterprise, the susinesses and services are free from the control of the government.
Things that are free means they are unconstrained, while a business means an enterprise. Therefore, the free enterprise is an economy whereby the businesses are free from the control of the government.
Answer:
option (b) 20
Explanation:
Data provided in the question:
Net fixed assets = $400,000
Short-term liabilities = $30,000
Long-term liabilities = $20,000
Common stockholders' equity = $90,000
Total stockholders' equity = $100,000
Now,
Ratio of fixed assets to long term liabilities
= Net Fixed assets ÷ Long term liabilities
or
= $400,000 ÷ $20,000
= 20
Hence,
The correct answer is option (b) 20
