Answer: -10.14%
Explanation:
Original Price of bond:
Interest is paid semiannually so some variables need to be adjusted:
Period = 13 * 2= 26 semi annual periods
Coupon = 6% * 1,000 * 0.5 = $30 per period
Yield = 5.5% / 2 = 2.75%
Price = $1,046
Price after yield increases to 6.7%
Period = 13 * 2= 26 semi annual periods
Coupon = 6% * 1,000 * 0.5 = $30 per period
Yield = 6.7% / 2 = 3.35%
Price = $939.88
Percentage change = (939.88 - 1,046) / 1,046
= -10.14%
Answer: Option A
Explanation: Scarcity refers to the situation when there is limited availability of a commodity. This term is usually used for the natural resources like coal, drinking water etc.
In economics it refers to the situation when there is not limited quantity of resources available for fulfilling the market demand. Scarcity deals with the problem of limited resources in nature and unlimited wants of the population.
Hence, from the above we can conclude that the correct option is A.
Answer:
Dividens paid in 2015: $85.000
Explanation:
TOTAL ASSETS 972.500
TOTAL LIABILITIES 450.000
Common Stock $ 370.000
Retained Earnings $ 152.500
TOTAL EQUITY $ 522.500
Retained Earnings Report
Opening retained earnings $ 0
Add: Net Income $ 237.500
Subtotal $ 237.500
Less: Dividens -$ 85.000
Total $ 152.500
Answer:
D) 4.95 percent
Explanation:
The current yield formula can be used to determine the coupon payment which would thereafter be used to compute coupon rate as required:
current yield=coupon payment/current market price
current yield=4.87%
coupon payment=unknown
current market price=101.6533%*$10,000
current market price=$10,165.33
4.87%=coupon payment/$10,165.33
coupon payment=$10,165.33 *4.87%
coupon payment=$495.051571
coupon rate=coupon payment/face value
coupon rate=$495.051571
/$10,000
coupon rate=4.95%
Answer:
business activities in India
<h3>1) Manufacturing - </h3>
- When product is manufacture or made to that it cn be sold in Market
<h3> </h3><h3>2) storage - </h3>
- After the product is ready it required some space to store until it would sold in the market
<h3>3) transporting</h3>
- as per the demand it will transport from one place to another
<h3>4) financing - </h3>
- It requires some money to meet the expense before solding a product
<h3>5) marketing</h3>
- to let people know about the product so that more products will be sold
There are other activities also such as managing, accounting etc