Answer:
The bond price is $ 9,184.18
Explanation:
I discounted all the future cash flows of the bond to present value in order to arrive at the price of the bond.
The discounting factor formula is 1/(1+r)^N where r is the rate of return of 3.4% divided by two as the return is semi-annualized and N is the relevant period of the cash flow.
The coupon is also divided by two to show that it is received twice a year.
Find attached detailed computation.
Answer:
D. A competitive market with a few dominant firms producing substitutes
Explanation:
E book market has<u> few dominant firms</u> - Amazon, Apple.
Their e - book selling digital services have uniquely different features from each other. They serve similar nature of good ie e books contests. So, the digital services rendered by firms are <u>substitute</u> of each other.
Providing substitute goods, firms <u>compete </u>with each other.
As per technical economic terminologies : this market structure is analogous to Oligopoly market structure.
Answer:
Production in third quarter should be budgeted at $<u>245000</u>
Explanation:
10) Production in third quarter = Sales unit+Desired ending inventory-Beginning inventory
= 240000+(260000*25%)-(240000*25%)
Production in third quarter = 245000 Units
so answer is 245000
Answer: $438
Explanation:
Antoine's tax basis in the stock received in the exchange will be gotten as the adjusted basis of asset exchanged which will then be decreased by the liability assumed on the property that's transfered. This will be:
= $535 - $97
= $438
Therefore, Antoine's tax basis in the stock received in the exchange is $438.
