Answer:
yield to maturity is 6.37%
Explanation:
Face value (FV): $10,000
Coupon rate: 4.5% -> counpon received semi-annually = $10,000 * 4.5%/2 = $225 (PMT)
Tenor: 8 years -> number of payments (NPer): 16
The price of bond today is $8,840 (PV)
We can use excel to calculate the rate as YTM (yeild to maturity)
= Rate(Nper,PMT,-PV,FV) = rate(16,225,-8840,10000)
= 3.19% (semi-annual)
-> annual rate or YTM = 6.37%
Answer:
Price of share= $112.496
Explanation:
According to the dividend valuation model , the current price of a stock is the present value of the expected future dividends discounted at the required rate of return.
So we will discount the steams of dividend using the required rate of 16.0% as follows
Year Present Value
1 2.95× 1.28× 1.16^(-1)= 3.178
2 2.95× 1.28^2 × 1.16^(-2)= 3.591
3 2.95× 1.28^3 × 1.16^(-3)= 3.963
Year 4 and beyond
Present Value in year 3 =(2.95× 1.28^3× 1.064)/(0.28-0.064)= 68.568
Present value in year 0 = 68.56813227
× 1.16^(-3)= 43.92
Price of share =3.1788 + 3.591 + 3.963 +43.928
= 112.496
Price of share= $112.496
Answer:
A. True
Explanation:
The two most common settings for legitimate non-competition agreements are the sale of a business and an employment relationship. When a non-compete agreement is ancillary to the sale of a business, it is enforceable if reasonable in time, geographic area, and scope of activity.
Answer:
Done
Explanation:
Saving your money for financial well-being can help you with multiple opportunities. The money will later go into your family or in investments in the future, also this will give you important time of any information you need. Achieving and maintaining financial well-being is important for families and individuals, as well as your entire region. Stronger families make for stronger communities. Stronger communities encourage stronger schools. Stronger schools lead to better prepared students for education, which leads to better prepared as an adult. This will get you go have many savings in money.
The division of household chores in Jason's home is a simple example of departmentalization. A group of people within a unit is given task that is dissimilar to those given to another group. A certain group has a head and some subordinates or support system.