Answer:
The yield to maturity is 6.45%.
Explanation:
Yield to Maturity (YTM) is the long term yield on the bond based on the assumption that the bond is held till maturity. The Yield to Maturity is calculated using the formula as shown in the attachment,
The coupon payment on bonds is = 1000 * 0.07 = 70
YTM = ( 70 + (1000 - 1038.5)/9 ) / ((1000 + 1038.5) / 2)
YTM = 0.06448 or 6.448% rounded off to 6.45%
Answer:
D) No impact on the accounting equation.
Explanation:
- Nothing would happen since the amount to be received would remain the same i-e $20,000, so there is no chance for increase in liabilities. Moreover, the there is no new services so that asset should be impacted.
- What there has been done is just classifying the payment which the Delta thought that they would receive earlier, but now it is being realized that it will take long, so just to not make any mistake or confusion for future this was done.
Answer:
Turbotax
Explanation:
it's easy to use especially for first timers.
<span>The FAFSA form is used in order to apply for Federal Student Aid. This is due to the fact that the form assesses the financial situation of the student and their family, and is able to provide funding for the student to pursue their higher level education.</span>
