Answer:
Total $1,091.0030
Explanation:
The market value of the bond will be the sum of the present value of the cuopon payment and the maturity date:
present alue of cuopon payment will be calculate as present value of an ordinary annuity:
C 42.25 (1,000 face value x 8.45% /2 payment per year)
time 21 (10 years at 2 payment per year+ 1 payment)
rate 0.036 (here we use the YTM rate /2 because there are 2 payment per year)
PV $615.1803
<u>Then, for the present value at maturity, we calculate the present value of a lump sum</u>
Maturity 1,000.00
time 21.00
rate 0.036
PV 475.82
<u>Finally, we add them both together</u>
PV c $615.1803
PV m $475.8227
Total $1,091.0030
Answer:
Price weighted index
Explanation:
A price weighted index is an index used in stocks where each company that is part of the index makes up a fraction of the total, and is proportional to its price per share.
Higher weight is given to sticks that have higher prices.
Rice weighted index is a good way to track track portfolio performance that best match for your portfolio.
Answer:
Brook brothers is the oldest that is still doing business today
First store was open in 1818
Answer:
The number of units of good G that can be purchased if all income is used to purchase good G is 15 units.
Explanation:
Since D is on the y-axis, indicating G is on the x-axis, the formula for calculating the marginal rate of transformation (MRT) is given as follows:
MRT = - PG / PD …………………. (1)
Where:
MRT = Marginal rate of transformation = -2
PG = Price of good G = ?
PD = Price of good D = $6
Substituting the relevant values into equation (1) and solve for PG, we have:
-2 = - PG / $6
PG = -2 * (-6) = $12
Therefore, we have:
Number units of good G if all income is spent on it = Monthly income / PG = $180 / $12 = 15
Therefore, the number of units of good G that can be purchased if all income is used to purchase good G is 15 units.