Answer:
More than $500,000.
Explanation:
In the case when the coupon rate is more than the market interest rate so the bond would be on premium
And, if the coupon rate is less than the market interest rate so the bond would be on discount
And if both are equal so it should be in par
Now in the given case, since the rate of interest is 7% and the market rate of interest is 6% so it would be on premium
That means the bond price would sell at more than $500,000
Answer:
PV= $22,677.03
Explanation:
Giving the following formula:
Number of periods (n)= 9 years
Annual payment (A)= $3,800
Discount rate (i)= 12%
<u>First, we will calculate the future value of the payments using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= {3,800*[(1.12^9) - 1]} / 0.12 + {[3,800*(1.12^9)] - 3,800}
FV= 56,147.49 + 6,737.7
FV= $62,885.19
<u>Now, the present value:</u>
PV= FV / (1 + i)^n
PV= 62,885.19 / (1.12^9)
PV= $22,677.03
Answer: 0.67
Explanation:
From the question, we are informed that Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%.
The investment's coefficient of variation will be the standard deviation divided by the expected return. This will be:
= 10/15
= 0.67
Answer: 1. Deliverables
2. Objectives
Explanation: A deliverable is a project management term that describes tangible or intangible goods or services that are produced from the project, with the intention of being delivered to a consumer.
An objective in this context is a goal that an enterprise aspires towards achieving.
In every enterprise each section is tasked with producing outputs within each department, and deliver to customers. The intention is to of achieve the overall objectives set by the enterprise. Functions are designed to operate cohesively, with the aim of achieving these 2 aspects and ensuring that the enterprise runs smoothly and generates the best possible outcome.
