Answer:
The bond should sell for a price of $59.74 today.
Explanation:
Zero Coupon Bond is a bond which does not offer any interest payment but it is issued at deep discount amount from the face value of the bond.
Price of Zero Coupon Bond = ![\frac{F}{( 1 + r )^t}](https://tex.z-dn.net/?f=%5Cfrac%7BF%7D%7B%28%201%20%2B%20r%20%29%5Et%7D)
F = Face / Par Value of Bond = $1,000
r = rate of interest = 11%
n = number of years = 27 years
Price of Bond = ![\frac{1000}{( 1 + 0.11)^27}](https://tex.z-dn.net/?f=%5Cfrac%7B1000%7D%7B%28%201%20%2B%200.11%29%5E27%7D)
Price of Bond = $59.74
As Zero coupon bond does not offer any discount so, it is valued much below the par value.
Answer:
Operational
Explanation:
Operational feasibility is a strategic process that typically involves measuring how well a proposed solution to a particular problem will work in an organization while also determining how the organization's internal and external customers will react to the proposed solution.
As a general rule, it's very important and necessary that an organization carry out an operational feasibility so as to have a good knowledge and understanding of its proposed actions.
If the demand for product x is inelastic, a 15 percent decrease in the price of x will: Reduce by more than 15 percent the amount of X that is being requested. Reduce by less than 15 percent the amount of X that is being requested.
This is further explained below.
<h3>What is the inelastic market?</h3>
Generally, An economic concept known as inelastic refers to an item or service's static quantity when its price varies. When a product's price increases or decreases, customers' purchasing patterns are said to be inelastic, which indicates that neither change affects the other.
In conclusion,If there is no elasticity in the demand for product x, then a price reduction of 15% for product x will have the following effects: The quantity of X that is being requested should be decreased by more than 15 percent. The quantity of X that is being sought should be decreased by more than 10 but less than 15 percent.
Read more about the inelastic market
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Answer:
Beginning inventory 50,000
Add: Purchases <u>244,000</u>
294,000
Add: Freight-in <u>14,500</u>
308,500
Less: Purchases return <u>7,400</u>
301,100
Less: Ending inventory <u>20,000 </u>
Cost of goods sold <u>281,100</u>
Explanation:
Cost of goods sold is calculated beginning inventory plus purchases plus freight-in minus purchases return minus ending inventory.
Answer: True
Explanation:
Under the discipline of computer science, the ADT i.e. abbreviated as abstract data type is referred to as a mathematical configuration for the data types, under which the data type is mostly defined by the manner of conduct from the perspective of the user, specifically with regards to their values, operations on the data, and further the conduct of the operations.