Answer:
Current yield is 6.17%
<em>YTD is 5.43%</em>
<em>YTC is 4.26%</em>
Explanation:
Tenor: 15 years
-> number of payment (NPer) is 30 (= 15 years * 2 for semiannual)
Coupon rate: 7.4%
- > semiannual payments (PMT): $37 = ($1000*7.4%/2)
Future value (FV): $1000
Present value (PV): $1200
Current yield = annual coupon/ current price = $37*2/$1200 = 6.17%
<u>Extra: </u>
We use excel to calculate yield to date (YTD) or nominal yield:
= Rate(Nper, PMT, - PV,FV) = Rate(30,37,-1200,1000) = 2.717% semiannual
-> annual rate is 5.43%
The bond issue is callable in 5 years at a call price of $1,074, then FV is $1074
Yield to call = rate(10,37,-1200,1074) = 2.13% semiannual
-> annual rate is 4.26%
Answer:
$9,555
Explanation:
As for the trend provided, the year 3 Sales will also be $40,000
Cost of goods sold will be $25,000
gross margin = $15,000
Operating expenses are decreasing with time by 
Thus, it will decrease with the same trend = $7,000 - 22.22% = $5,445
Rounded off
Therefore, net income = $15,000 - $5,445 = $9,555
Note: Gain on sale of land is one time event and not permanent, thus it will not be considered as part of trend.
Answer:
- Chipping away at student loans or getting a secured credit card.
Explanation:
The suggestion that does not depend on the support of a parent or guardian would be 'chipping away at the student loans or getting a secured credit card' as it lays the responsibility on the shoulders of the student which does not require parents' backing. The supportive parents always tend to offer every possible opportunity to their child upto the extent they can afford to provide a better experience and future to their kid.
Answer:
a) decrease the quantity demanded
Explanation:
According to the law of demand, an increase in the price of a good reduces the quantity demanded for that good.
The most directly applied sentence for capitalism is the price and availability of goods are determined primarily by the market. As the market is a free market in the economy.
<h3>What is Capitalism?</h3>
Capitalism is commonly thought of as an economic system in which private actors own and control the property.
According to their own interests, demand and supply freely set market prices in ways that benefit society.
Thus, option D which is iii only is correct.
For further details about capitalism refer to this link:
brainly.com/question/414301
