Answer:
7.44 %
Explanation:
The Yield to Maturity (YTM) is the Interest rate that makes the Present Value of Coupons and Principle equal the Market Price or Current Price of the Bond.
The Yield to Maturity can be calculated using a financial calculator as follows :
PV = - $100
N = (15 -2) × 2 = 26
PMT = ($100 × 7.30%) ÷ 2 = $3.65
FV = $103
P/YR = 2
YTM = ?
Therefore, Inputting the values in the calculator as shown gives the Yield to Maturity is 7.44 %.
Answer:
b. $212,174
Explanation:
Division Q's contribution margin = $157,780
Division Q's sales = $343,000
Division Q's contribution margin = $157,780 ÷ $343,000 = 0.46
Division Q's traceable fixed expenses = 97,600
Division Q's break-even in sales dollars = 97,600 ÷ 0.46 = $212,174
Therefore, the break-even in sales dollars for Division Q is closest to $212,174.
Answer:
yes but to check you can look it up
Answer:
d) $3: $6
Explanation:
The computation is shown below:
Before the one firm cheats, the firm revenue is
= $10 × $6
= $60
Before the one firm cheats, the firm revenue is
= $9 × $7
= $63
No cheating firm's revenue
= $9 × $6
= $54
Now in case of cheating, it is
= $63 - $60
= $3
And, in the case of non cheating, it is
= $60 - $54
= $6