Answer and Explanation:
a. The computation of price (expressed as a percentage of the face value) is shown below:-
Price = Face value ÷ (1 + Yield to maturity)^Number of the compounding period
= $1,000 ÷ (1 + 0.0323)^1
= $1,000 ÷ 1.0323
= $968.71
Price expected as a percentage to a face value = Price ÷ Face value × 100
= $968.71 ÷ $1,000 × 100
= 96.87%
b. The computation of credit spread of AAA-rated corporate bonds is shown below:-
Credit spread = Yield of AAA-rated corporate bond - Yield of treasury bond
= 3.23% - 3.15%
= 0.08%
c. The computation of credit spread on B-rated corporate bonds is shown below:-
Credit spread = Yield of B-rated corporate bond - Yeld of treasury bond
= 4.94% - 3.15%
= 1.79%
d. The credit rating for a bond changes with its respective credit risk change. That implies the bond 's rating would be lower the lower risk, and likewise.
The investor is demanding higher returns on risky bonds for additional risk-taking. Hence the credit spread is widening as the rating of bonds falls with an increase in the risk.
Answer:
The inventory has been reportedly increased and it should be checked.
Inventory management should be further examined.
Explanation:
Current Ratio = Current Assets/ Current liabilities
An increase in the current ratio means that there is an increase in the current assets or decrease in the current liabilities.
Acid test Ratio= Current Assets - Inventory / Current liabilities
If the acid test ratio is decreased it means that there is an increase in current liabilities or the current assets have decreased.
If we carefully look at the two formulas we find that inventory has increased and deduction of inventory from current assets reduces the amount of current assets and increases the current liabilities giving a bigger acid test ratio.
The inventory has been reportedly increased and it should be checked.
Inventory management should be further examined.
Answer:
He must inform the seller in writing that he has a license before he makes an offer
Explanation:
A broker is an individual or a company that sells and buy properties, stocks, or investments on behalf of investors. A licensee must be licensed by a broker.
In this case, broker Greg has a listing for an office building and licensee Gary who works for broker Greg wants to buy the building as an investment. Since Gary, who is an emoloyee to Greg is interested in the building, he needs approval before making any investment in the buliding. This approval would help avoid insider trades.
Therefore, Gary must inform the seller in writing that he has a license before he makes an offer.
Answer:
B. Deliverables
Explanation:
Deliverables -
It refers to the good and services , which may or may not be tangible , that are produced by some project which need to be delivered to the customer , which can be internally as well as externally , is referred to as deliverables.
Since, deliverables are intangible so , it can be software or presentation.
Various small deliverables merge together to form a deliverable.
Hence, from the given information of the question,
The correct option is B. Deliverables .
Answer:
The correct answer are: Hypodermis and subcutaneous layer; areolar and adipose tissue; stabilizing position of the skin.
Explanation:
- The hypodermis, also called subcutaneous tissue, or superficial fascia, is the lowest layer of the integumentary system in vertebrates. The types of cells found in the hypodermis are fibroblasts, fat cells and macrophages. It derives from the mesoderm, but unlike the dermis, it does not derive from the dermatome in the region of the mesoderm. The hypodermis is mainly used to store fat.
- Areolar connective tissue: It is one of the most widely distributed. It contains cell types such as fibroblasts, macrophages, plasma cells, mast cells and white blood cells. It consists of collagen, elastic and reticular fibers. The main substances it contains are hyaluronic acid, chondroitin sulfate. This type of tissue is part of the subcutaneous tissue.
- Adipose tissue: It is composed of a cell type called adipocira that store triglycerides. It is associated with areolar tissue. It acts as an insulator to prevent heat loss. It is the main source of energy and provides support and protection to various organs.
