Answer:
7.84%
Explanation:
Given:
Bond's par value (FV) = $1,000
Maturity (nper) = 25 × 2 = 50 periods (since it's semi-annual)
YTM (rate) = 0.0925÷2 = 0.04625 semi annually
Price of bond (PV) = $875
Calculate coupon payment (pmt) using spreadsheet function =pmt(rate,nper,-PV,FV)
PV is negative as it's a cash outflow.
So semi- annual coupon payment is $39.20
Annual coupon payment = 39.2×2 = $78.40
Nominal Coupon rate = Annual coupon payment ÷ Par value
= 78.4 ÷ 1000
= 0.0784 or 7.84%
The Major problem facing transportation in Ghana and around the world is the human capital and infrastructural issues.
<h3>
Human Capital</h3>
The importance of Human capital cannot be overemphasized in curbing the problems of transportation in Ghana and the world at large. Human capital must interface with physical capital to bring about good transport systems because physical capital will always remain out of existence without the input of human capital.
<h3>Infrastructure</h3>
Transport infrastructure is generally lacking in Ghana and sub-Saharan Africa. There is absence of well developed and functional infrastructure to drive the transport system. Such infrastructure include fast trains, durable roads etc.
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Answer:
Nill
Explanation:
Given that;
Capital gain tax = $6,000
Capital losses = $9,000
Net loss = Capital loss - Capital gain
Net loss = $9,000 - $6,000
Net loss = $3,000
Recall that maximum net loss deductible from taxes in a year is $3,000
Therefore,
Unsecured loss carried into next year
= Net loss - Deductible
= $3,000 - $3,000
= Nil
Answer: The five components of internal control are control environment, risk assessment, control activities, information and communication, and monitoring.
Explanation:
The five components of internal control are control environment, risk assessment, control activities, information and communication, and monitoring.
Control environment; is also known as internal control environment. These are set of standards and structures that guides the basis of carrying out internal control within an organization. It is the awareness, attitude and action of the management team regarding internal control and it's relevance to the organization
Risk assessment is used to describe the process and method of identifying hazard and risk which have potentials to raise harm in an environment
Control activities are policies, techniques and procedures that are pit in place to manage or reduce risk in an environment. Their actions carried out to minimize or limit risk in an environment
Information and communication is a method of information being passed through systems by means of communication. To place everyone involved in the system enlightened by communicating properly to them.
Monitoring is the act of observing a process to control both success and failure that may tend to arise within the process.
Answering a Part correctly
Explanation:
The university contains the following letters and numerical numbering schemes. The average grade points are measured on the next scale of points determined for each attempted credit hour:
90 – 100% A 4 points
80 – 89% B 3 points
70 – 79% C 2 points
60 – 69% D 1 point
0 – 59% F 0 points
A student may also need a considerable time to complete the course because of unforeseen circumstances at the end of the period. Uncompleted disorders, such as severe disease or life-impact events, are released only when extenuating. Incomplete work shall not be provided when the applicant can not necessarily complete his or her work within the stated time.
During their study programme, their students are limited to two incomplete degree requests.