Answer:
5.15%
Explanation:
Following data provided in the question
Coupon rate = 5.02%
Present value of the bond = $1,948.34
Par value = $2,000
Time period = 17 years
By considering the above information, the current yield on the bond is
= (Par value × coupon rate interest) ÷ (Present value of the bond)
= ($2,000 × 5.02%) ÷ ($1,948.34)
= 5.15%
Answer:
This is because many goods and services have some or none of the characteristics that define public goods but may offer significant additional benefits beyond their private return brainliest plz!
This a simple interest question with the principal = $25,000 time = 90 days and rate = 7%.
The simple interest in an investment after t days is given by PRT / (100 x 360). where P = $25,000 R = 7% and T = 90
S.I = (25000 x 7 x 90) / (360 x 100) = 15750000 / 36000 = 437.5
Therefore, the amount of interest Jasper will collect is $437.50
Answer:
$98,165.14
Explanation:
Note: There are missing word but the full question is attached as picture below
Here, Initial Nominal Interest rate = 7%
Inflation expectation= 4%
So, real return = 3%
Now, investors would want same real return
New inflation = (159 - 150)/150 *100 = 6%
Nominal interest rate = 6 %+ 3% = 9%
Price after 1 year = $107,000
So, current price changes to = $107,000/(1+0.09) = $107,000/1.09 = $98,165.14
Answer:
D. Changes in federal expenditures