C. follow a pathway toward a career goal.
Hope that helped :)
Answer:
Bond Price = $903.585916 rounded off to $903.59
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Coupon Payment (C) = 1,000 * 0.083 = $83
Total periods (n) = 7
r or YTM = 0.103
The formula to calculate the price of the bonds today is attached.
Bond Price = 83 * [( 1 - (1+0.103)^-7) / 0.103] + 1000 / (1+0.103)^7
Bond Price = $903.585916 rounded off to $903.59
Answer:
In the first situation would you rather be a borrower
In the second situation would you rather be a lender
Explanation:
For the first situation you as a borrower you want the lowest Real Interest rate (2%)
For the second situation you as a lender you want the highest Real interest rate (3%)
Answer:
The budgeted required production for August is 11940 units and option B is the correct answer.
Explanation:
The opening inventory in August will be 20% of the August's sales in units.
Thus, the opening inventory for August = 0.2 * 11600 = 2320 units
The Production in August should be enough to meet the desired closing inventory for August and the remaining sales requirements for August after selling off the beginning Inventory for August.
The desired closing inventory in August is equal to 20% of September's sales requirements.
Desired Closing Inventory - August = 13300 * 0.2 = 2660 units
Production in August = Desired Closing Inventory + Sales - Opening Inventory
Production in August = 2660 + 11600 - 2320 = 11940 units