Answer:
Coupon (R) = 6.8% x 10,000 = $680
Face value (FV) = $10,000
Number of times coupon is paid in a year (m) = 2
No of years to maturity = 8 years
Yield to maturity (Kd) = 8% = 0.08
Po = R/2(1- (1 + r/m)-nm) + FV/ (1+r/m)n
m
r/m
Po = 680/2(1-(1+0.08/2)-8x2) + 10,000/(1 + 0.08/2
)8x2
0.08/2
Po = 340(1 - (1 + 0.04)-16) + 10,000/(1 + 0.04)16
0.04
Po = 340(1-0.5339) + 10,000/1.8730
0.04
Po = 3,961.85 + 5,339.03
Po = $9,300.88
Explanation:
The current market price of a bond is a function of the present value of semi-annual coupon and present value of the face value. The present value of semi-annual coupon is obtained by multiplying the coupon by the present value of annuity factor at 8% for 8 years. The present value of face value is obtained by discounting the face value at the discount factor for 8 years. The addition of the two gives the present value of the bond. All these explanations have been captured by the formula.
A. By eliminating the effects of price increases on GDP growth. Nominal GDP is calculated using the current prices while Real GDP is adjusted for inflation.
Answer: d.All of these choices are correct.
Explanation:
All the above can result in different quantities of materials being used for comparable jobs.
Employee Carelessness can cause more material to be used if they fail to adequately measure the Requirements of a job. If they are also careless in the usage of the material, there will be wastage and therefore a larger use of materials.
Poor Quality Materials can also result in different quantities being used because for instance, more material could be required to do something that a stronger material could have easily done.
Inadequately trained Employees is a major reason for Material Wastage. If employees are not trained by seasoned people who know how to reduce wastage, that knowledge could take time to come to them. If they were adequately trained however, they can master the tricks on wastage avoidance and limit discrepancies in the amount of materials used per comparable jobs.
Answer:
Salesman
Explanation:
A Salesman, also called a Sales Representative or Salesperson, sells products or services to businesses or consumers. - JH
Answer:
0.98
Explanation:
Computation for Bill Duke portfolio's beta
First step is to find the Investment in Y which is:
Investment in Y=100,000-35,000
=$65,000
Second step is to calculate for the Portfolio beta using this formula
Portfolio beta=Respective beta*Respective Investment weight
Portfolio beta =(35,000/100,000*1.5)+(65,000/100,000*0.7)
Portfolio beta=(0.35*1.5) +(0.65*0.7)
Portfolio beta =0.525 +0.455
Portfolio beta=0.98
Therefore the Portfolio Beta will be 0.98