Answer:
$2,189.76
Explanation:
<em>The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.</em>
<em>The price of the bond can be calculated as follows:</em>
<em>Step 1</em>
<em>PV of interest payment</em>
Interest payment =( 5.94%× $2000)/2
= $59.4
Semi annual yield = 5.1/2 = 2.6%
PV of interest payment
= 59.4× (1-(1.026)^(-20×2))/0.026)
= 59.4 × 24.41400537
=<em>$ 1,450.19</em>
Step 2
<em>PV of redemption value</em>
= 2,000 × (1+0.051)^(-20)
= 2,000 × 0.369781925
= 739.56
Step 3
<em>Price of bond </em>
= $1,450.19 + $739.56
=$2,189.76
The words are
transparent,involved,and empathetic
Answer:
B) $77,350
Explanation:
Gross payroll=$100,000
Social Security taxes =6.20%
6.20/100×$100,000
=0.062×$100,000
=$6,200
Medicare taxes = 1.45%.
1.45/100×$100,000
=0.145×$100,000
=$1,450
federal and state income tax =15%
15/100×$100,000
=0.15×$100,000
=$15,000
Total Withholdings=
$6,200+$1,450+$15,000
=$22,650
Total employee compensation= Gross earnings-total withhold
=$100,000-$22,650
=$77,350
<u>Explanation:</u>
It is recommended by some to determine a card's current market value of by determining whether the card has been professionally graded by the Professional Sports Authenticator, if yes, then one can check up the value on the Sports Market Report (SMR).
However, the Hank Aaron card is Estimated to have a PSA 9 Mint Value of $17,500.
