The yield of maturity for this bond is "8.4 percent".
We can calculate this in the following way;
<span>Yield to maturity = YTM = {($1,000 x .06) + [($1,000 - 900)/5]}/[($900 + $1,000)/2]
=(60 + 20) / (950)
=80/950
=0.084
=0.084 x 100
= 8.4 percent</span>
Answer:
C. Responsiveness of quantity demanded to a percentage change in income.
Explanation:
Income elasticity is defined as the responsiveness of the quantity of a good demanded by an individual as his income changes, all other factors being constant.
Mathematically it is calculated as percentage change in quantity demanded divided by percentage change in income.
Income elasticity is used to find out if a good is a necessity or a luxury good.
The demand for goods that are a necessity does not change with a change in income.
However demand for a luxury good increases as income increases and vice versa
Based on the above scenario, Since it is in its growth phase, I believe that the manufacturer should agree to make this changes.
<h3>Why agree to the changes?</h3>
Note that there are regulations on how to use of the existing food coloring and as such it is vital for the company to see or consider this change.
Note that since it is in its growth phase, the product is widely accepted and there are lot of holiday sales.
Therefore, Based on the above scenario, Since it is in its growth phase, I believe that the manufacturer should agree to make this changes.
Learn more about confectionary from
brainly.com/question/24150134
#SPJ1
Answer: answer number 2
Explanation: it is the number answer 2 because you first open it then date stamp it and sort then distribute
Answer:
d) the ratio of the money supply to the monetary base.
Explanation:
Money multiplier is the maximum change in checkable deposits (extra money) resulting from an increase in bank reserves by one dollar.
Money multiplier are enhanced by the central bank.
Additionally, the money multiplier is equal to the ratio of the money supply to the monetary base. This simply means that it is equal to one (1) divided by the required reserve ratio;
MM = 1 / (required reserve-deposit ratio).
