Answer:
892.69
Explanation:
Given the following :
Par value of bond (FV) = 1000
Period (n) = 15 years
Coupon rate (r) = 7.3% annually
Yield to maturity (r) = 8.6% = 0.086
The coupon price = 7.3% of par value
Coupon price (C) = 0.073 * 1000 = 73
Current price of bond can be computed using the relation:
= C * [1 - 1 / (1 + r)^n] / r + (FV / (1 + r)^n)
73 * [1 - 1/(1+0.086)^15]/0.086 + 1000/(1 + 0.086)^15
73*(1 - 1/3.44704)/0.086 + (1000/(1.086)^15)
= 73*8.2546131 + 290.10326
= 602.5867563 + 290.10326
= 892.69
Answer: $13,161.264
Explanation:
interest rate after first 3 months 9% for 3 months.
I = P x R x T / 100
Where;
I= interest
P= principal
R= interest Rate
= Time
$6000 x 9% x 3 / 100
= $ 1620
Interest for next 3 months 12%
P= $6000 + $1620 = $7620
I= 7620 x 12% x 3 /100 = $2,743.2
Interest after for last 3 months 9%
P= $7620 + $2743.2 = $10,363.2
I = $10,363.2 x 9% x 3 / 100
= $2798.064
Principal after 9months
= $13,161.264
Answer:
Modified Rebuy
Explanation:
Modified Rebuy is a purchasing scenario in which products are bought that were previously sold but there will be noticeable differences when it comes to the buying agreement under analysis: certain components of the original order are altered, like design specifications, conditions, quality, price, condition arrangements, etc.
In this Situation, manufacturing companies have to be updated for these changes that's why they need new advance software.
Incorrect. You don’t need a comma after “crocodiles” or before “other”
<span>Planning teams are most effective when (C) the group finds common ground on which to build consensus for action. In a team there are different people with different points of view. To bring these people together in an attempt to find what they all like or have in common will help to focus the group's purpose on their goal for planning.</span>