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devlian [24]
3 years ago
7

You are buying a bond at a clean price of $1,140. The bond has a face value of $1,000, a coupon rate of 3.8 percent, and pays in

terest semiannually. The next coupon payment is one month from now. What is the dirty price of this bond
Business
1 answer:
DanielleElmas [232]3 years ago
8 0

Answer:

$1,155.83

Explanation:

The computation of dirty price of this bond is shown below:-

Clean Price = $1,140  

Face Value = $1,000  

Interest = 3.80%  

Interest for 5 month = Face Value × Interest × Time  

$1,000 × 3.8% × 5 ÷ 12  

$15.83  

Dirty Price = Clean Price + Accrued Interest

= $1,140 + $15.83  

= $1,155.83

Therefore for computing the dirty price of bond we simply add clean price with accrued interest.

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the loss of producer surplus associated with some sellers dropping out of the market as a result of the tax is
san4es73 [151]

Answer:

$60

Explanation:

According to information on your question. We are to note that an absence or reduction of suppliers could lead to lower supply.

As in this case, the producer supply loss of $60 was incurred as some sellers dropped out of the market as a result of the tax.

6 0
3 years ago
Sid has decided to leave his $70,000-a-year landscape design job and open a new kayak business. His insurance cost is expected t
madreJ [45]

Answer:

The correct answer is $15,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

Revenue = $100,000

Insurance cost = $2,000

Design job leave = $70,000

Rent = $10,000

Annual depreciation = 10% × $25,000 = $2,500

So, we can calculate the economic profit by using following formula:

Economic Profit = Total Revenue - (Explicit cost + Implicit costs)

By putting the value, we get

= $100,000-($70,000 + $2,000 + $10,000 + $2,500)

= $15,500

7 0
3 years ago
1) Markets and competition In a perfectly competitive market, all producers sell___________ goods or services. (perfectly identi
marishachu [46]

Answer:

The answers are,

1) Perfectly Identical

2) many

3)takers

4)false

Explanation:

Lettuce is a commodity that can't be differentiated much based on the product. It can be however, differentiated from branding, packaging, etc.

But since the Lettuce is a broad category, we can assume that it is a competitive market.

Perfectly competitive markets do not really exist in the real world and are more of a hypothetical scenario. However, knowing the concept allows businesses and governments to make sound economic decisions regarding production and consumption.

3 0
3 years ago
Betty's Blossoms Nursery's social media presence has taken the company a step in the right direction toward building relationshi
frozen [14]

Answer:

The Company is practicing Social CRM

5 0
3 years ago
A monopolistic firm has a sales schedule such that it can sell 10 prefabricated garages per week at $10,000 each, but if it rest
Wewaii [24]

Answer:

option (D) $1,000

Explanation:

Data provided in the question:

Sales when 10 prefabricated garages per week are sold = $10,000 each

Sales when 9 prefabricated garages per week are sold = $11,000 each

Now,

Marginal revenue is given as Change in revenue with 1 unit change in production

Thus,

Marginal revenue = ( $10,000 × 10 ) - ( $11,000 × 9 )

= $100,000 - $99,000

= $1,000

Hence,

The answer is option (D) $1,000

7 0
3 years ago
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