1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tester [92]
2 years ago
9

Last year, Bailey bought a bond for $1,000 that promises to pay $110 a year. This year, a person who buys a bond for $1,000 rece

ives $125 a year. If Bailey were to sell his (old) bond, its price would be approximately:__________.a. $880.b. $1,125.c. $1,136.d. $1,110.
Business
1 answer:
miv72 [106K]2 years ago
6 0

Answer:

a. $880.

Explanation:

Bailey bought a bond for $1,000 that promises to pay $110 a year.

The interest rate was 110/1000 * 100 = 11%

This year, $1,000 receives $125 a year= 125/1000 * 100 = 12.5%. So, this year the interest rate now rises to 12.5%.

If Bailey were to sell his (old) bond, the price should be 110/12.5% = 110/0.125 = $880.

You might be interested in
Change happens within people, but it also happens in how businesses are organized to address their hrmt440
Ivenika [448]
Ummm qa buisness you choose
4 0
2 years ago
Workers are constantly adjusting to changes in technology and society that affect work. In order to keep up with all of these ch
lukranit [14]

B: Because if you're only caught up with what you had when you were young, you won't know how to effectively use todays inventions to your advantage.
8 0
3 years ago
Read 2 more answers
Creating, developing, retaining, and obtaining products and services that meet consumer needs is called _____.
Sophie [7]

Answer:

D. Product/service management

Explanation:

"Creating, developing, retaining, and obtaining...meets consumer needs" basically equals management

"Products and services"=product/service

Add them together is product/service management!

Let me know if you have any more questions :)

7 0
2 years ago
Does anyone know the answers in this chapter???
bazaltina [42]

I saw on quizlet.com that the answer to this question is $199,000 and that number appears to be one of your choices. If I were you I would choice C.

8 0
2 years ago
Read 2 more answers
The replacement cost of an inventory item is below the net realizable value and above the net realizable value less the normal p
Andrews [41]

Answer:

D. Replacement cost.

Explanation:

As we know that the inventory should be recorded at the cost or market value whichever is lower

Given that

Original cost is less than the net realizable value subtract the profit margin

So we assume the following figures

Original cost $10

Net realizable value 9

Replacement cost 8

NRV less normal profit margin 7

As if we compare the original cost and replacement cost so the lower value is of replacement cost

hence, the same is to be considered

Therefore the correct option is D.

4 0
2 years ago
Other questions:
  • During 2018, Cary and Bill incurred acquisition debt on their residence of $1,300,000. They also borrowed $200,000 on a home equ
    15·1 answer
  • Your firm is a U.K.-based importer of bicycles. You have placed an order with an Italian firm for €1,000,000 worth of bicycles.
    6·1 answer
  • Arbitrage is based on the idea that _________
    5·1 answer
  • Suppose a monopolist has a demand curve that can be expressed as P = 90 - Q. The monopolist's marginal revenue curve can be expr
    11·2 answers
  • Ken and Tim realize that in order to resolve their conflict, it is better if they each get something of what they want, in effec
    15·1 answer
  • If the cross-price elasticity of demand between two goods is 1.75, then the two goods are:A) complements.B) substitutes.C) luxur
    14·1 answer
  • Barker Company paid cash to purchase two identical inventory items. The first purchase cost $18.00 cash and the second cost $20.
    7·1 answer
  • What term refers to the process used to produce a good or service, such as using a robotic device to assemble cars? open opportu
    8·1 answer
  • PLEASE ANSWER THESE IT WOULD BE A HUGE HELP
    15·1 answer
  • which factor in the business environment does be wiser need to address in order to stay abreast minimum wage
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!