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Vikentia [17]
3 years ago
10

R(0,t) is the Spot Zero-Coupon (or Discount) Rate. It is the annualized rate on a pure Unit Discount bond B(0,t) - the bond that

pays 1 dollar at time t. Assume that R(0,13) = 8.00 per cent. What is the price of B(0,13)? Answer with three decimal digits accuracy. Example: 0.728
Business
1 answer:
nikitadnepr [17]3 years ago
8 0

Answer:

0.368

Explanation:

Price of B(0,13) = 1 / (1 + interest rate)^years

Price of B(0,13) = 1 / (1 + 8%)^13

Price of B(0,13) = 1 / (1+0.08)^13

Price of B(0,13) = 1 / (1.08)^13

Price of B(0,13) = 1 / 2.7196237

Price of B(0,13) = 0.3676979247

Price of B(0,13) = 0.368

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A taxi crashed into a telephone pole. The taxi's passenger commenced a negligence action against the taxi driver, properly servi
andrew-mc [135]

Answer:

If the court denies the motion, the most likely reason is that vicarious liability cannot be established against the taxi owner because the driver is an independent contractor.

Explanation:

While an employer is vicariously liable for the negligent acts of its employees when carried out "in the course of employment," the taxi driver is an independent contractor, and his acts cannot be made good by the taxi owner.  Secondly, since a verdict had already been entered in his favor against the taxi driver, the passenger's claim for damages will be adequately met by the first judgment.

8 0
3 years ago
Midyear on July 31st, the Chester Corporation's balance sheet reported:______. Total Liabilities of $51.391 million Total Common
Allisa [31]

Answer:

$72.206 million

Explanation:

To get Chester Corporation's total assets, recall that;

Total liabilities = Total assets - (Retained earning + Total common stock)

Given that;

Total assets = ?

Retained earning = $18.275 million

Total liabilities = $51.391 million

Total common stock = $2.540 million

Total liabilities = Total assets - (Retained earning + Total common stock)

$51.391 = Total assets - ($18.275 + $2.540)

$51.391 = Total assets - $20.815

Total assets = $51.391 + $20.815

Total assets = $72.206

Therefore, Chester Corporation's total asset is $72.206 million.

3 0
3 years ago
For a​ manufacturer, the budgeted income​ statement________. A. does not include depreciation expense B. is​ accrual-based C. in
marissa [1.9K]

Answer:

For a​ manufacturer the budgeted income​ statement includes amounts from the​ sales, cost of goods​ sold, cash, and capital expenditures budgets (c)

Explanation:

Like a typical income statement, the Budgeted income statement would show its Sales Forecast, and the resultant costs of producing these volume projected. It will usually follow a trend consistent with the Previous years Business seasonality, peak and lows, and duration of consumer improved disposable income (e.g periods of tax credit, black friday etc).

In addition a Business will want to forecast its Cashflow and Capital expenditure (Balance Sheet) so as to have a general view of what to expect if circumstances turn out as planned and to have a picture of how much growth or decline it is projecting into the future.

8 0
4 years ago
A new restaurant has introduced a wildly popular macaroni and cheese dish made with goat cheese. however, at approximately the s
bixtya [17]

How do the price and quantity of goat cheese change? The price of goat cheese will likely rise because there is less being produced and able to be consumed. The quantity of goat cheese is not able to be determined by the information provided in the question.

7 0
3 years ago
Read 2 more answers
''what type of goods includes raw materials used to produce other products?''
Ulleksa [173]
Industrial goods are type of goods that includes raw materials used to produce other products. They are physical items used by companies to produce other products. Derived demand is the consumer demand for consumer goods. On this  derived demand is based the d<span>emand for </span>industrial goods.

5 0
3 years ago
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