Answer:
Quoted price of bond = $1825.05
Explanation:
The quoted price or price of the bond can be calculated by taking adding the present value of the annuity payments in form of interest made by the bond and the present value of the face value of the bond. The formula for the price of bond is attached.
The interest is payed semi annually, thus the semi annual coupon payment (C) is,
C = 2000 * 5.87% * 6/12 = 58.7
The semi annual YTM is = 6.9%/2 = 3.45%
Total semi annual periods are = 13 * 2 = 26
Bond Price = 58.7 * [(1 - (1+0.0345)^-26) / 0.0345] + 2000 / (1+0.0345)^26
Bond Price = $1825.051207 rounded off to $1825.05
Answer:
The correct answer is option b.
Explanation:
A firm is able to maximize it's profit by producing output at the level where the marginal revenue earned from the last unit of output is equal to marginal cost incurred on it.
If a firm is operating at the point where the marginal revenue is lower than the marginal cost then the firm can maximize profit by reducing its output till the point where the marginal revenue and marginal cost are equal.
Answer:allows ads to be placed quickly
Explanation:
Radio advert might seems like not really in use but when adverts are placed it always hit targeted customers and mainly the adverts are placed immediately without delay once the necessary process has been completed.
The practice that's illustrated based on what Carolina did is showrooming.
<h3>What is showrooming?</h3>
It should be noted that this is a practice of going to a store to check a product before going to somewhere else to buy something cheaper.
In this case, the practice that's illustrated based on what Carolina did is showrooming. Showrooming is a trend in shopping behavior where consumers visit stores to touch and feel the products but opt to purchase them online.
Learn more about store on:
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GDP is the total market value of all final goods and services produced within a country in a given period of time.
