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Sidana [21]
2 years ago
11

Find the compounded amount. Assume 3.5% interest compounded daily.$2,750 deposited June 12 and withdrawn August 30

Business
1 answer:
natita [175]2 years ago
8 0

Answer:

June is 30 days

30-12=18 days

July is 31 days

August is 30 days

Time=18+31+30=79 days

A=2,750×(1+0.035÷365)^(79)

A=2,770.91

Interest earned

I=A-p

I=2770.91-2750

I==20.91

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West Corp. issued 14-year bonds 2 years ago at a coupon rate of 9.8 percent. The bonds make semiannual payments. If these bonds
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Answer:

the YTM is 9.38 %.

Explanation:

Bond Prices in most countries is expressed per $100. We shall use this as the Price for the bond in question.

Then the Yield to Maturity (YTM), r of the Bond can be determined as follows

Pv = - $103

pmt = ($100 × 9.80) ÷ 2 = $4.90

p/yr = 2

n = (14 - 2) × 2 = 24

Fv = $100

r = ?

Using a Financial Calculator,  the Yield to Maturity (YTM), r is 9.38 %

3 0
3 years ago
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Answer:

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A stock has an average expected return of 10.8 percent for the next year. The beta of the stock is 1.22. The T-Bill rate is 5% a
uranmaximum [27]

Answer: 4.7%

Explanation:

Expected return is calculated as:

= Risk free return + Beta ( Market risk premium)

10.8% = 5% + (1.22 × Market risk premium)

10.8% - 5% = 1.22market risk premium

5.8%/1.22 = market risk premium

Market risk premium = 0.058/1.22

Market risk premium = 0.047

Market risk premium = 4.7%

7 0
3 years ago
Klassen Toy Company, Inc., assembles two parts: Part 1 is first processed at workstation A for 15 minutes per unit and then proc
Sever21 [200]

Answer:

a) Process A is the bottleneck of the process

b) Hourly capacity = 60 / bottlenecktime = 60/25 = 2.4 units / hour

Explanation:

Part 1 is processed at A for 15 minutes and then at B for 10 minutes.

Thus part 1 take 15 + 10 i.e. 25 minutes two complete both processes

Part 2 is processed at C for 20 minutes.

Output from B and C i.e. part 1 and 2 respectively are fed to process D where the time taken to assemble is 15 minutes

Thus looking at the given data,

Part 1 takes longer time i.e. 25 minutes to reach process C compared to part 2 i.e. 20 minutes

So bottleneck occurs at process A and B because it takes maximum time i.e. 25 minutes

a) Process A is the bottleneck of the process

b) Hourly capacity = 60 / bottlenecktime = 60/25 = 2.4 units / hour

4 0
3 years ago
The primary responsibility of the board of directors is to __________. Select one: A. oversee the affairs of the organization B.
Paladinen [302]

The primary responsibility of the board of directors is to (D) make daily operational decisions.(The main responsibility of a Board of Director is to make day-to-day management decisions. )

Explanation:

The main responsibility of a Board of Director is to make day-to-day management decisions. The primary purpose of the board of directors is to safeguard the shareholders interest by maintaining detached, impartial oversight on management.

Some of the duties of Board Members are:

  • To develop  the Organization's Mission and Purpose.
  • Another important duty is to Monitor and Manage Financial Resources.
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  • To Spread positive word of mouth about t the Organization.

So we can Say that The primary responsibility of the board of directors is to (D) make daily operational decisions

4 0
3 years ago
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