Answer:
39,183 bonds
Explanation:
In order to determine the number of bonds that must be sold to realize cash of $71.8 million,the price per bond needs to be established using pv formula in excel as found below:
=-pv(rate,nper,pmt,fv)
rate is yield to maturity of 6.46% divided by 2
nper is the number of coupon payments which is 25 years multiplied by 2 i.e 50
pmt is the amount of semiannual coupon i.e $2000*5.78%*6/12=$57.8
fv is the face value of $2000 per bond
=-pv(6.46%/2,50,57.8,2000)=$ 1,832.43
number of bonds to be issued=$71,800,000/$ 1,832.43 = 39,183 bonds
Answer: Check attachment
Explanation:
a. Determine the net dollar amount to be received (or paid) by Cleveland each year.
The the net dollar amount to be received by Cleveland for:
Year 1: = $0
Year 2 = $1,000,000
Year 3: = $1,500,000
b. Determine the dollar amount to be received (or paid) by the counterparty on this interest rate swap each year based on the assumed forecasts of LIBOR.
Check the attachment for further details.
Answer:
FV = $9745.02838 rounded off to $9745.03
Explanation:
To calculate the amount of money in account after five years, we will use the formula for future value of cash flow. The formula is as follows,
FV = Present value * (1+i)^t
Where,
- i is the annual interest rate
- t is the time in years
As we have annual interest rate of 8.1% but it is compounded daily, we will use 8.1%/365 in our formula to get daily rates. Move over as the compounding is done daily, we will take 365*5 days instead of 5 years.
So,
FV = 6500 * [1+(8.1%/365)]^(5*365)
FV = $9745.02838 rounded off to $9745.03
Im pretty sure the answer is A but it might be C
but i think its A
hope this helps
In this situation there many skills that a person is capable to develop.
Self-confidence
Self-knowledge
Initiative
Competitiveness
Empathy
Self-confidence and Self-knowledge these skills are important for you to take risks and have security, they are great for entrepreneurship, aiming to be a leader and entrepreneur. To do this, get out of your comfort zone and start getting a broader view of how far you can go; mark your goals on paper, circle those you've already achieved, and always determine new ones; run away from very protective people and superiors who do not delegate tasks, limiting their ability; To improve your self-awareness, try to see how people around you see you or look for a subject matter expert, such as a therapist, to improve your personal abilities.
Initiative serves to turn good ideas into practice. It is acting with speed and innovation. To leverage this ability: Offer help in solving difficult and unpredictable situations; If you tend to avoid risks, consider past mistakes as new opportunities for learning. develop activities that are related to the initiative such as delegating tasks, cost-benefit analysis; clarify your priorities to put them into practice.
Competitiveness is to have clear goals, don't settle for reaching the common goal. Worrying about doing a great job, going beyond the goals set by your superiors, having a tendency to innovate and enjoying things you couldn't before. All of these factors refer to sound competitiveness, a step to success. This skill is closely linked to your emotions and personal motivations.
Empathy is the key skill, especially for those who deal directly with customer service and service professionals, as it is up to these professionals to empathetically identify what their customers really need. In fact, empathy develops with practice, first consciously (taking notes of what the other says, listening to doubts and needs) and then converting it into a daily habit.