Answer:
Present value = $1,170.68
Explanation:
The value of the bond in 5 years will be:
PV of face value = $1,000 / (1 + 7%)¹⁵ = $362.45
PV of coupon payments = $110 x 9.1079 (PVIFA, 15 periods, 7%) = $1,001.87
Total value = $1,364.32
The current value of the bond is:
PV of face value = $1,364.32 / (1 + 12%)⁵ = $774.15
PV of coupon payments = $110 x 3.6048 (PVIFA, 5 periods, 12%) = $396.53
Present value = $1,170.68
Answer:
The utility-maximizing rule suggests that this consumer should: Increase consumption of product Y and decrease consumption of product X
Explanation:
Answer:
c. Airprint
Explanation:
AirPrint -
It refers to as one of the technology of Apple, which enables to generate complete output , where the process of downloading or installation is not required , is referred to as AirPrint .
It enables to get a very high quality images and document , from any apple device like the iPad , Mac , iPhone , iPod .
The feature is available in the MacOS and even in iOS operating system .
Where the printing process is done via LAN .
The most attractive feature of AirPrint is that, it does not require any printer - specific drivers .
Hence, from the given information of the question,
The correct option is - AirPrint.
