Answer:
It would reduce to -24.3185
Explanation:
I solved this on paper and have added the solution as an attachment
At 8% rate of interest the price of this bond is 1000
At 8.96% rate of interest the calculated price of the coupon bond is 975.681
975.681-1000 = -24.3185
When the interest rate falls from 8% to 8.96%, the price of the bond reduces by -24.3185
Answer:
Buyer's responsibility because she had missed the inspection deadline.
Explanation:
In real life time limits and deadlines matter, and if the buyer's inspector didn't notice the broken window and the door, it is not the seller's fault. Since the buyer noticed the defects just before closing the deal, she has two options: either walk away and lose the earnest money deposit, or fix the defects herself.
Answer:
$4,000
Explanation:
The computation of the equipment recognized on the income statement for the year ending December 2018 is shown below:
= Amount received from the customers ÷ Number of years
= $24,000 ÷ 2 years
= $12,000
This $12,000 is one year
Now for one months i.e from September 1 to December 31 is
= $12,000 ÷ `12 months × 4 months
= $4,000
I honestly think it’s D because to be hired you need to have a résumé. Please tell me if I’m right. Have a great day.