Answer:
6.35%
Explanation:
If you purchase this bond you will need to pay $1,000 x 136.04% = $1,360.40
the coupon rate is 9.5% / 2 = 4.75% or $47.50 every six months
the bond matures in 18 years or 36 semiannual periods
yield to maturity = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]
YTM = {47.5 + [(1,000 - 1,360.4)/36]} / [(1,000 + 1,360.4)/2]
YTM = 37.49 / 1,180.2 = 0.031766 x 2 (annual yield) = 0.06353 = 6.35%
<span>The morgan company, a small furniture manufacturer, divides its organization into marketing, human resources, accounting, and production departments. this is an example of departmentalization by function
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Scarcity exists when there are limited resources available to satisfy all the competing uses.
<h3>What is scarcity?</h3>
When the demand for a resource or a product is more than its actual supply in the market, such a condition in the market is regarded as scarcity. For example, in deserted regions there is a scarcity of water.
Hence, the significance of scarcity is aforementioned.
Learn more about scarcity here:
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Answer:
10.23%
Explanation:
Formula for computation of equivalent taxable yield is r = rm/1-t. Where the tax rate is t, rm is Yield on municipal bond and r is Tax equivalent yield
r = rm/1-t
r = 6.75% / 1 - 34%
r = 6.75% / 0.66%
r = 10.22727272727273%
r = 10.23%
So, the equivalent taxable yield to a taxpayer in a combined federal plus state 34% tax bracket is 10.23%.
According to the American psychologist who specialized in adult development, Camille may be experiencing the turmoil of becoming ill. It is when a person ages, especially at around 50 years old that a person becomes aware that people their age die regularly. As such, they develop the fear of becoming ill.
