The price of the bond if the yield to maturity falls to 7%, based on the period and amount will be $1,620.45.
<h3>What is the price of the bond at 7%?</h3>
We shall assume that the bond has a face value of $1,000.
The coupon is:
= 12% x 1,000
= $120
The price is:
= (Coupon x Present value interest factor of annuity, 30 years, 7%) + Face value of bond / ( 1 + rate) ^ number of periods
= (120 x 12.409) + (1,000 / (1 + 7%)³⁰)
= $1,620.45
Find out more on bond pricing at brainly.com/question/25596583.
Answer:
Ending inventory under:
FIFO = $3655
LIFO = $3385
Explanation:
<u>Ending Inventory under FIFO</u>
These 320 units purchased at the end will make up the ending inventory,
135 units at $12 = $1620
(320-135 = 185) 185 units at $11 = <u>$2035</u>
Total cost of ending inventory = $3655
<u />
<u>Ending Inventory under LIFO</u>
The 320 units under LIFO will be the ones purchased at the start.
135 units at $10 = $1350
(320-135 = 185) 185 units at $11 = <u>$2035</u>
Total cost of ending inventory $3385
Answer:
The correct answer is B. the conflicts of interest are greater between large controlling shareholders and small outside shareholders than between managers and shareholders.
Explanation:
Conflicts of interest are those situations in which the judgment of a subject, in relation to a primary interest for him or her, and the integrity of their actions, have to be unduly influenced by a secondary interest, which is often of economic or personal type. That is, a person incurs a conflict of interest when instead of complying with the right thing, he could guide his decisions or act for his own benefit or that of a third party.
Conflicts of interest are present in numerous decisions of the lives of professionals, managers and employees, as well as of companies and organizations, public or private. An example of a conflict of interest is, for example: Being a director of a company and, at the same time, being a partner of another provider company of which it is directed. At some point, under such circumstances, decisions will have to be made in relation to suppliers, and the following questions will surely arise: what will be privileged? The company you are running or the company you are a partner of?
Answer:
Maplewood will it pay $4,998 on April 27
Explanation:
Term 3/10, 2/30, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 and discount of 2% is available on payment of due amount after 10 days and before 30 days of sales with net credit period of 60 days.
According to given data
Sales = $5,420
Freight = $320
Sales Amount = $5,420 - $320 = $5,100
As the payment is made on 12th day after sale which falls in 30 days discount period, so 2% discount will be availed
Discount = $5,100 x 2% = $102
Amount of payment = $5,100 - $102 = $4,998
