Answer:
PV= $74,999.97
Explanation:
Giving the following information:
Interest rate= 0.036/4= 0.009
Number of quarters= 5*4= 20
Future value= $89,719
We need to determine the initial inventment. We will use the following formula:
PV= FV/(1+i)^n
PV= 89,719/ (1.009^20)
PV= $74,999.97
It answers for whom the product will be made for. I'd love a thanks and brainliest answer!
Answer:
False.
Explanation:
Attribution theory suggests that leadership arises because of the existence of certain attributions of the persons like intelligence, oral skills or determination. In no way this approach tries to prioritize the objectives of an organization. Actually, explains certain dynamics in capital human which explains the leadership and how share and stakeholders understand the concept.
$1,000-par-value bond had a 5.700%
Current price quote of 97.708
Yield to maturity (YTM) of 6.034%.
A.What was the dollar price of the bond?
Dollar price of bond = Par-value bond x Price of quote
$1,000 x 0.97708= $977.08
b.What is the bond’s current yield?
Current Yield = discount (or coupon) x par-value)/Dollar price of bond
= (0.057000 x $1,000)=57
57/$977.08= 0.05833708601 or 5.83%
C.Is the bond selling at par, at a discount, or at a premium? Why?
The reason been that the bond is selling at discount due to the fact that the coupon is lower than both the current yield and yield to maturity (YTM).
d.Compare the bond’s current yield calculated in part b to its YTM and explain why they differ?
The bond’s current yield in part (b ) is lower because the coupon is so high. If the discount were lower, then the current yield would be close to or the same as the YTM.
E. 22.5 percent should be the answer