Answer:
5.15%
Explanation:
Following data provided in the question
Coupon rate = 5.02%
Present value of the bond = $1,948.34
Par value = $2,000
Time period = 17 years
By considering the above information, the current yield on the bond is
= (Par value × coupon rate interest) ÷ (Present value of the bond)
= ($2,000 × 5.02%) ÷ ($1,948.34)
= 5.15%
Answer:
c.They are at a disadvantage when paying back borrowed money.
Explanation:
In any economics of a country, inflation may be defined as the fall of the value of the money or currency of a country over a period of time. In inflation, the general price level increase and the value of money decreases.
Due to inflation, with each currency unit, less of goods or services can be bought. In inflation, the consumers are not concern about the disadvantage when they pay back the money that they borrowed because the value of the money decreases. Money decreases its value but the demand of goods and services increases in the economy.
Answer:
using humor to describe a situation
Commission paid by the building owner to the property Manager for the new tenant is $4575.
<h3>
What is a Commission?</h3>
A brokerage receives compensation for delivering a customer who signs a lease by way of a rental commission. Frequently, rental commissions are stated as months of rent or as a percentage of the annual rent.
The calculation for the Commission of Property Manager:
Commission = Total annualised rent x percentage of Commission
= (795 x 12 x 3 + 1200 x 12 + 900 x 12) x 8.5%
= 53820 x 8.5% = $4,575
Commission for the property manager = $4,575.
Thus, a rental commission, a brokerage is paid for bringing a consumer who signs a lease. The commission for the property manager is $4,575.
Learn more about Commission here:
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