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natulia [17]
3 years ago
9

What is the current value of a $1000 Treasury inflation-protected security if the reference CPI is 203.19 and the current CPI is

205.47? The coupon rate is 3 percent and the bond was issued two years ago.
Business
1 answer:
faust18 [17]3 years ago
8 0

Answer:

the current value fo $1,000 is $1,011.22

Explanation:

The computation of the current value of $1,000 is shown below:

Current value

= Price × (Current CPI ÷ Reference CPI) × 100

= $1,000 × (205.47 ÷ 203.19)

= $1,011.22

We basically applied the above formula so that the current value would come

Hence, the current value fo $1,000 is $1,011.22

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Answer:

Organizational Behavior Specialist

Explanation:

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A market-oriented organization targets its products at "everybody" or "the average customer."
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exercise 4-9A Calculate the balance of cash using a bank reconciliation (LO4-5) Spielberg Company's general ledger shows a check
algol13

Answer:

$22,789

Explanation:

One of the uses of the Bank Reconciliation Statement is to check the accuracy of the Cash Balance.

The Balance on the Bank Statement and that of the Cash Book in the Ledgers should always agree.

Bank Reconciliation Statement as a July 31

Balance as per Bank Statement                      $22,364

Add Lodgments not yet credited                       $1,745

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Balance as per Cash Book                               $22,789

Therefore,

The balance of cash using a bank reconciliation is $22,789

5 0
3 years ago
The Lin household’s annual income is $188000. Based on the U.S. federal tax rates below, what is the average tax rate for the Li
Sedaia [141]

Answer:

24%

Explanation:

For the taxes due on April 2020 (current year taxes):

The Lin household falls under the fourth tax bracket for married individuals filing jointly:

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If no deductions were available, they would owe $188,000 x 24% = $45,120 in taxes.

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Individuals who provide baby-sitting and lawn-mowing services are<br> viewed by the IRS as?
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Explanation:

6 0
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