Answer:
Price of bond = $1150.72 (Approx.)
Explanation:
Given:
Number of years 12 years
Per value = $1,000
Coupon rate = 10% = 0.1
Market rate = 8% = 0.08
Find:
Price of bond
Computation:
Coupon payment = 1,000 x 10%
Coupon payment = 100
Price of bond = [C/r][1 - 1/(1+r)ⁿ] + Per value/[(1+r)ⁿ]
Price of bond = [100/0.8][1 - 1/(1+0.8)¹²] + 1000/[(1+0.08)¹²]
Price of bond = [100/0.8][1 - 1/(1.8)¹²] + 1000/[(1.08)¹²]
Price of bond = $1150.72 (Approx.)
The majority of the state constitutions that formed after the American revolution D) included more severe checks and balances than the U.S. constitution
<h3>How were state constitutions influenced by the U.S. Constitutions?</h3>
State constitutions were often based on the rights and responsibilities enshrined in the U.S. constitution as well as methods of electing officials.
As several states were still afraid of abuse of power by the executive, they imposed stricter checks and balances on the branches of government.
Find out more on state constitutions at brainly.com/question/150922.
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The correct answer for this question is this one:
<span>Life in cities improved in late 1800s and early 1900s. The transportation system has been improved where there are no more steam engines. In fact, the cars are very smart enough already because of the advancement of the technology. The world seems smaller because of this. They were able to connect easily.</span>
Hope this helps answer your question and have a nice day ahead.
Answer:
Muslims pray 5 prayers.
Explanation:
The first prayer takes place at sunrise. The second prayer is around noon. Third prayer is during the evening. Fourth prayer takes place at sunset. And the fifth prayer is at night. There are other prayers that Muslims pray, but those aren't required. There isn't a fixed time for each of these prayers since sunset/sunrise times change and there's Daylight Savings time. Before praying, Muslims need to be clean. If they secrete any semen or blood during menstruation, they must perform ghusl, which purifies the whole body. If Muslims haven't secreted any of those fluids, they have to perform wudhu which cleans the body before praying. If one excretes waste, fluids (pee), pass gas, or bleeds from a cut they have to perform wudhu again before praying the next prayer.
Other facts:
- If a Muslim drinks alcohol, they can not pray for 40 days because it stays in their system.
- Women who have their menstruation cycle can not pray, they can only pray once they are finished with their cycle and have performed ghusl.