Answer:
$11,204.25
Explanation:
For computing the dollar price of each bond we need to applied the present value formula which is to be shown in the attachment below:
Provided that
Future value = $10,000
Rate of interest = 3.4% ÷ 2 = 1.7%
NPER = 18 years × 2 = 36 years
PMT = $10,000 × 4.3% ÷ 2 = $215
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After applying the above formula, the dollar price of the bond is $11,204.25
B is how much of the cost should be included in the initial (t 0) cash flow for the project
Answer:
D: $259,000
Explanation:
The computation of the paying amount which borrower can pay for a property is shown below:
= Mortgage loan amount for borrow ÷ loan-to-value ratio
= $220,000 ÷ 85%
= $258,823.53
= $259,000 round off
We simply divide the mortgage loan by the loan to value ratio so that paying amount could arrive which borrower can pay for a property.
Answer:
I don't know but don't delete my answer pls
Explanation:)
