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Alik [6]
2 years ago
10

Bateman Enterprises invested in the bonds of Greater Gloucester on January​ 1, 2018. These 10minus​year, $ 400 comma 000 bonds p

ay interest of 3​% with semiannual payments every June 30 and December 31. The effective rate of interest for similar bonds on January 1 was​ 4%. What is the semiminusannual interest payment received by Bateman for these​ bonds?
Business
1 answer:
BlackZzzverrR [31]2 years ago
4 0

Explanation:

\frac{400 \times 10 \times 4}{100}  \\  \frac{16000}{100}  \\ 160 \\  \frac{1}{25}  \times 160 \\ 6.4 \: intrest

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According to the concept of comparative advantage, a good should be produced in that nation where its <u>domestic </u><u>opportunity cost</u><u> is the least.</u>

This is further explained below.

<h3>What does the opportunity cost?</h3>

Generally, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

In conclusion, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

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complete question

According to the concept of comparative advantage, a good should be produced in that nation where:

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<u>Notice: </u>There is no hint about the adjustment being related as negative, so it should be assuem are positive cashflow.

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