Answer:
by writing the answer
Explanation:
I would advise figuring the question out first.
Answer:
$977.93
Explanation:
This is a coupon paying bond. Using a financial calculator, input the following;
Time to maturity; N = 15
Coupon payment; PMT = 7.25% *1000 = 72.5
Face Value; FV = 1,000
Annual interest rate; I/Y = 7.5%
then compute the price of the bond, a.k.a present value; CPT PV = 977.93
Therefore, the price of the bond today is $977.93
According to one source from the internet, the cross-border sales is projected to top $450 within the next 5 years. Cross-border trade is the process of buying and selling of products, selling goods and services between business domestically or in the neighborhood countries.
Answer:
The money multiplier of the economy is 20
Explanation:
Money multiplier is the term of economics which is defined as the maximum amount, the money supply could rise grounded on the increase in the reserve in the system of banking.
The formula used for computing the money multiplier is as:
Money Multiplier = 1 / r
where
r is the reserve ratio that is 5%
So, putting the same value above:
Money Multiplier = 1 / 5%
Money Multiplier = 20
