Answer: 10 years to call
Explanation:
Maturity period = 25 years
Coupon rate = 7%
6.25% basis is,
- Callable in 10 years at 103
- Callable in 15 years at 102
- Callable in 20 years at par
This bond is considered as premium bond. Therefore, in case of premium bonds, Yield to call will be lower than the yield to maturity. Here, the question is which call date should be utilized. According to the rule of thumb, it states that always use the term that is nearest to the whole call date.
Hence, on the customer's confirmation, the dollar price quoted must be based on 10 years to call.
The answer s "How to Produce it".
This is not one of the three basic economic questions.
Mostly what they usually asks is what to produce base on the needs of the consumers, where to produce it in where people really are needing it and who will consume what is produced, they may be rich people, etc.
Answer:
0.7207
Explanation:
Mean μ = 84g
SD σ = 1.85g
Upper specification limit (USL) = 88g
Lower specification limit (LSL) = 78g
Cpk = Min[USL - μ/3σ, μ-LSL/3σ]
Cpk = Min[88 - 84/3*1.85, 84-78/3*1.85]
Cpk = Min[4/5.55, 6/5.55]
Cpk = Min[0.7207, 1.0811]
Cpk = 0.7207
So, the process capability index for the current manufacturing process is 0.7207
Answer:
B) When the price of ice cream rose, the quantity demanded of ice cream fell and the demand for ice cream topping fell.
Explanation:
A rise in the price of a good would lead to a fall in the quantity demanded of the good.
So, a rise in the price of ice-cream would lead to fall in the quantity demanded of ice cream.
A rise in the price of ice-cream would lead to a fall in the demand for ice cream toppings.
Answer:
The statement is true
Explanation:
Business expenses are deductible to the extent that they are incurred outside the tax home. Expenses related to business purpose are deductible. For example, meals and lodging expenses. Personal expenses are not deductible.
However, for cost incurred on travel to and from destination within tax home is considered business expenses and is not required to be prorated between business and personal expenses. IRS keeps a close eye on any business travel outside tax home as in this case expenses need to be prorated between business and personal use.
