Answer:
Option E (143) is the appropriate solution.
Explanation:
According to the question,
The modified duration will be:
= 
= 
= 
The percentage change in price will be:
= 
=
(%)
Now,
The EMOD will be:
= 
=
($)
Or,
The EMAC will be:
= 
=
($)
Hence,
⇒ 

⇒ 
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Answer:
$8,000
Explanation:
The computation of the amount of dividend received by the preferred shareholders in year 2 is shown below:
Annual preferred dividend = Par value of preferred stock × Dividend rate on preferred stock
= 200,000 × 4%
= $8,000
By multiplying the par value with the dividend rate we can get the amount of dividend received and the same is shown above
Answer:
all of the above
Explanation:
because it needs to be affordable safe and comfortable
Answer:
a. Civil, procedural, and public.
Explanation:
A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as civil, procedural, and public.