Answer:
Ans. Price of the bond is $9,250.57
Explanation:
Hi, first we need to establish the semi-annual coupon of the bond and the semi-annual discount rate (YTM semi-annually)
Coupon=10000*(4.9%/2)= $245
To turn the annaul YTM to semi-annual, we have to use the following equation
After all this, we are ready to find the price, here is the math of this.
Best of luck.
Answer: government taxes on products or services entering a country that primarily serve to raise prices on imports.
Explanation:
Tariffs are known to be taxes which the government of a particular country charges on goods and services which are imported into the country from other countries. It is a form of trade protection which the government uses in protecting local companies. Thus, the government imposes taxes on imported goods in order to make the prices of the goods high so that citizens can buy local or domestic goods and as a result encourage domestic companies to produce more of the local goods.
Answer and Explanation:
Simply enough, the IRS comes for you and charges a failure to pay penalty. The penalty is 0.5% of your previous unpaid taxes for every month. So if you wouldn't want to lose more money, I'd suggest you pay your taxes.
Answer:
The exchange rate implies in exchange rate of $1.75 but current market exchange rate is $1.80 which means that the dollar is undervalued and pound is over valued in the market.
We will buy Dollar in the market and use these dollars to buy gold and then sell this gold in Euros
E.G Buy a $1000 from the market for £555(10,000*1/1.8)
After that we can by 28.5(1000/35) ounces of gold from that and sell the gold for £571(20*28.5). This way we make a profit of £16 (571-555) without taking any risk.
Explanation:
