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Solnce55 [7]
2 years ago
7

QUESTION 4 of 10: A stadium manager has signed five acts this year with a combined revenue projection of $1,000,050. The cost fo

r these is
expected to average $85,000 per act. How much profit margin does the stadium expect this last year?

a) $575,050
b) $750,000
c) $1,250,000
d) $1,720,000
Business
1 answer:
Ainat [17]2 years ago
7 0
A
85 x 5 = 425
1000 - 425 = 575
Used simple numbers but it’s correct
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The price elasticity of the bond, based on the years to maturity and the required rate of return is -0.494

<h3>How to find the price elasticity of he bond?</h3><h3 />

First, find the new price of the bond:
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Answer:

"$1,673,750" is the appropriate answer.

Explanation:

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hence,

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