The bond value computed shows that the percentage change in the price of Bill's bond is -10.20%.
<h3>How to calculate the percentage</h3>
From the information given, the following can be deduced:
Nper = 10
PMT(semi annual payment) = 1000 × 12.4% × 0.5 = 62
FV (face value) = 1000
Rate = (12.4 + 3)/2 = 7.7%
New bond value = PV(7.7%, 10.62, 1000) = $897.97
Therefore, the percentage change will be:
= (897.97 - 1000)/1000
= -10.20%.
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brainly.com/question/24304697
1. The law does not allow a person who becomes involuntarily incapacitated to escape his contractual responsibilities, they must be fulfilled unless it is proven that the disability does not permit full compliance under any circumstances.2. The statutory statutes of contractual responsibilities take into account whether a person is incapacitated or not. At the time of compliance with these statutes, the parties concerned must be aware of any inconvenience.If the disability arises after a contract has been signed, there are laws that govern according to the type of contract, the facts under which there are conflicts and the type of disability that exists, as well as the time it originated and its causes.
Answer:
b. $12.67
Explanation:
The value of the company is the present value of its future dividends payments discounted at the company's cost of equity.
Year 1 dividend=current year dividend*(1+12%)
Year 1 dividend=$60m*(1+12%)=$67.20m
Year 2 dividend=$67.20m*(1+12%)=$75.26m
Year 3 dividend=$75.26m*(1+12%)=$ 84.30m
Year 4 dividend=$ 84.30m*(1+12%)=$ 94.41m
Year 5 dividend=$ 94.41m*(1+12%)=$105.74m
the terminal value of dividends=Year 5 dividend*(1+terminal growth rate)/(cost of equity)
the terminal value of dividends=$105.74m*(1+8%)/(16%-8%)=$1427.49m
value of the company=$67.20/(1+16%)^1+$75.26/(1+16%)^2+$ 84.30/(1+12%)^3+$ 94.41/(1+16%)^4+$105.74/(1+16%)^5+$1427.49/(1+16%)^5
value of the company=$956.00 m
value of one share=$956.00 m/75m=$12.75(the correct option is $12.67 the difference is due to rounding error)
The Fruit of the Poisonous Tree Doctrine states that evidence obtained as a result of an earlier illegality must be excluded from trial. This doctrine extends the rule to make evidence inadmissible in court if it was derived from evidence that was illegally obtained and <span>evidence obtained from illegal arrest, search or seizure is not admissible in the court of law.</span>
The field that is larger than the other three fields combined is the polo field.
On average, one polo field measures 275 meters by 146 meters, which is equal to 40,154 squared meters or approximately 432,000 square feet.
This is a very big area if compared with the areas required to play different sports. Here are some of the areas:
- Soccer field: The area of a soccer field is approximately 7,140 squared meters or 76854 squared feet.
- Baseball field: The area of a baseball field is 14,864 squared meters or 159994 squared feet.
- Football field: The area of a football field is 5351 squared meters or 57600 squared feet.
Indeed, if you add the three areas (76854 + 159994 + 57600) the total area is 294,448 is still smaller than the area of a polo field.
Note: This question is incomplete because the options are missing; here is the missing part:
- Soccer field
- Baseball field
- Polo field
- Football field
Learn more about field in: brainly.com/question/4988718
