Answer:
$1,174.75
Explanation:
The computation of the invoice price of the bond is shown below:
As we know that
Invoice Price of Bond = Ask Price of Bond + Accrued interest
where,
Ask Price is
= $1,000 × 116%
= $1,160
Interest accrued for 3 months is
= $1,000 × 5.90% × 3 months ÷ 12 months
= $14.75
So,
Invoice Price of Bond is
= $1,160.00 + $14.75
= $1,174.75
<span>Net investment is computed on several factors which includes capital gains, rental and/or royalty income, income from businesses, interest. To calculate net investment income, an individual's investment income will be reduced by a certain amount . This is simply to determine the depreciation of the investment.</span>
N = 1
this is because 4-3 is one
<h2>Answer</h2>
Mixed Economic System
<h3>Explanation</h3>
Jenn wants the concept of private ownership when it comes down to establishing her own coffee shop and this therefore results in call for rights to ownership. On the other hand, she looks forth to availing various subsidized facilities such as that offered in the bus and subway network. The combination of both economic systems can be found in the Mixed Economic Structure.
