Answer:
By January 1, 2006 the price of the bonds=$50.675 M
Explanation:
The price of a bond at any given time can be expressed as;
Current price=(Annual coupon×((1-(1/(1+r)^i)/r)+ (face value/(1+r)^i)
where;
i-maturity period, from 2005-2006=1 year
r-nominal yield to maturity rate=8%
coupon rate=10%
face value=$50 M
Annual coupon=(10/100)×50 M=5 M
replacing;
Current price=Annual coupon×((1-(1/(1+r)^i)/r + face value/(1+r)^i
(5 M×((1-(1/(1+0.08)^1)/0.08)+50/(1+0.08)^1
(5 M×(1-0.93)/0.08)+46.3
(5×0.875)+46.3=4.375+46.3=50.675 M
By January 1, 2006 the price of the bonds=$50.675 M
Answer:
Private saving = $2 trillion
Public saving = $1 trillion
Explanation:
Private saving = GDP - Taxes + Transfer payments - Consumption spending
= Y - T + TR - C
= $11 - $2 + $1 - $8
= $2 trillion
Public saving = Taxes - Government spending - Transfer payments
= T - G - TR
= $2 - $0 - $1
= $1 trillion
Therefore;
Private saving = $2 trillion, Public saving = $1 trillion
Answer:
Revenue
- Ticket Sales - The Super Bowl is one of the most watched sporting events in the world and people pay top dollar to be able to attend it in the stadium. In 2019 the lowest estimate of revenue coming from ticket sales was $65 million.
- Television Rights - Networks pay to be able to broadcast the Super Bowl as it will bring in a lot of money for them from Ads. Fox, CBS and NBC are said to pay upwards of $2.5 billion every year to broadcast it.
- Merchandising - Millions are made in revenue from the sales of merchandise leading up to and after the big game.
Expenses
- Security - With so many people coming to the event, there has to be a provision for both private and public security. This means that Police will have to be paid for overtime and private firms will have to be paid their due.
- Cleaning - The stadium will have to be cleaned before, during and after the event so cleaning expenses will cost a bit too.
- Ad Hoc staff - There will be a need for people who will not have a specific job title but will still be needed to run around and embark on errands.
Profits
The profits will depend on how much revenues exceeds costs by so all the above listed factors can affect profit.
Answer:
a) Property
Explanation:
A property right is the exclusive or sole authority which determines the legal ownership of tangible and intangible resources and how these resources are to be used, whether by individuals or government.
Basically, properties can either be owned by the government, an individual or business entity. Some examples of a property include cars, land, houses, machines, books, inventions, mobile phones, ideas, birds, etc.
Hence, property rights refers to a set of rights to control a tangible or intangible thing.
Answer:
The characteristics of industrial organic agriculture are:
- economies of scale and mechanization
- substitution of conventional inputs such as conventional fertilizer with organic fertilizers
- bagging technology makes the transport of organic salads possible
Explanation:
Pollan's book discusses how modern individuals have a disconnection between food and knowledge. Modern individuals just pick up their food and practically don't know anything about how that food got reached our tables.