Answer:
9.78%
Explanation:
The yield to maturity can be determined using the rate formula in excel as shown below:
=rate(nper,pmt,-pv,fv)
nper is number of times coupon interest would be paid,which is 12 years multiplied by 2(semi-annual interest payment) i.e 24
pmt is the semi-annual interest which is $1000*8%/2=$40
pv is the current price of the bond at $876.40
fv is the face value of the bond which is $1000
=rate(24,40,-876.40,1000)=4.89%
Semi-annual yield is 4.89%
Annual yield is 4.89%*2=9.78%
The yield to maturity on these bonds is approximately 9.78%
Answer:
$140,420
Explanation:
The demand function is q = -720p + 20,500.
The price is $17
q = -720 ($17) + 20500 = 8260
The quantity sold is 8260
Revenue = price × quantity sold
= $17 × 8260 = $140,420
Walmart visa gift cards are the gift cards that are used to make payments just like the credit or the debit cards used. The benefit with this is that you get a gift with every purchase you make, making it attractive for the buyer.
<u>Explanation:</u>
Walmart visa gift cards are the cards that are used to make payment just like the debit or the credit card. The amount gets deducted directly from the account with every purchase the consumer makes. But the benefit of this is that you get an assured gift with every purchase you make. So this attracts the customers.
Walmart Visa gift cards are acceptable at the places where visa gift cards are acceptable throughout the United States of America and the district of Columbia. These gift cards are not acceptable internationally. These can only be used in the country to make purchases and not in other countries of the world.
It is possible to question Jane Eyre’s
proto-feminism on the grounds that Jane only becomes Rochester’s
full equal (as she claims to be in the novel’s epilogue-like last
chapter) when he is physically infirm and dependent on her to guide
him and read to him—in other words, when he is physically incapable
of mastering her. However, it is also possible that Jane now finds
herself Rochester’s equal not because of the decline Rochester has
suffered but because of the autonomy that she has achieved by coming
to know herself more fully.<span />
