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andre [41]
4 years ago
9

What is the name of the federal health insurance program for senior citizens?

Business
1 answer:
pav-90 [236]4 years ago
8 0
The answer is Medicare
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You observe the following term structure: Effective Annual YTM 1-year zero-coupon bond 5.2 % 2-year zero-coupon bond 5.3 3-year
Lisa [10]

Answer:

Explanation:

a. If you believe that the term structure next year will be the same as today’s, calculate the return on (i) the 1-year zero and (ii) the 4-year zero.

b. Which bond provides a greater expected 1-year return? O 1-year zero-coupon bond O 4-year zero-coupon bond

The return on one year bond is = 5.2%

The price of 4 year bond today

=\frac{ 1000}{ (1.055)^4}

Price of 4 year bond today = 807.22

If yield curves is unchanged, the bond will have 3-year maturity and price will be

=\frac{  1000}{(1.054)^3}

If yield curves is unchanged, the bond will have 3-year maturity and price will be = 854.04

Return

=\frac{ (854.04 - 807.22)}{807.22}

Return = 5.8%

The longer term bond has given the higher return in this case at it's YTM fell during the holding period(4 -year)

8 0
3 years ago
______ is the total accumulation of past budget deficits less surpluses.
denis23 [38]
Public Debt is the total accumulation of past budget deficits less surpluses.
3 0
3 years ago
Generally, the top management of a company would most benefit from information such as summary reports of transactions, detailed
lana66690 [7]

Answer:

False

Explanation:

Different levels of management have their information need, this can be classified as operational, tactical and strategic.

Operational information - are information relating to day to day routine of the entity, such information is needed by the lower level management.

Tactical information- are information which deals with decisions relating to the deployment of the various assets of an entity, this information is needed by middle level management.

Strategic information - This is information that relates to the strategic focus of an entity such information is for top level management..

7 0
3 years ago
Gina has decided that she wants to be an auditor. What should she do in order to best prepare herself for this position?
sweet [91]
A. Obtain experience on leadership and management

Explanation: You need to be able to experience something before you can tell if your good at it
8 0
3 years ago
Pls helppp...
Aloiza [94]

Answer:

32 700

Explanation:

that is the answer 32 700

8 0
2 years ago
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