Answer:
n = 40
i = 3% (semiannual)
face value = $80 million
coupon payment = $2,000,000
market price:
PV of face value = $80 / (1 + 3%)⁴⁰ = $24.52 million
PC of coupon payments = $2 x 23.115 (PV annuity factor, 3%, 40 periods) = $46.23 million
market value = $70.75 million
Answer:
A
Explanation:
A Marketing Cluster contain jobs in the marketing field which require the similar skills or educational qualification. An individual that studies marketing can find employment in any of the clusters
The answers are the following; assortment warehouse and spot
stock warehouses.
It is because the assortment warehouse the capability of
carrying goods in a long period of time while the spot stock warehouses only
has seasonal goods that are placed or focused on.
Answer:
Following are the differences between monopolistically competetive market and perfectly competetive market.
Explanation:
Overall the profit ratio for the sellers is higher in monopolistically competitive market and low in a perfectively competitive market. In monopolistically competitive market, sellers charge a price higher than marginal cost, whereas, in a perfectly competitive market, the sellers charge a price equal to the marginal cost. In long-Run, the main difference between the competitive market and the monopolistic market is the excess capacity. It is the difference between the efficient level of output and profit-maximizing level of output.
Answer:
The answer is: 4,500 miles
Explanation:
Lesa can only deduct 4,500 miles as transportation expenses form her taxable income. She could include any other related expenses like parking fees, tolls, etc., that she spent during her business related trips.
The 7,000 miles she drove to and form work are not considered business expenses, since going to work is not an actual part of working. It's like an employee trying to get paid for the time he or she spends in a bus going to work.