purchase of weapons for the military
Answer:
Answer: Option “ D” = 16000
Explanation:
Answer for the question:
A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data:Year Attendance4 years ago 10,0003 years ago 12,0002 years ago 18,000Last year 20,000What is this year's forecast using exponential smoothing with alpha = .2, if last year's smoothed forecast was 15,000?A. 20,000 B. 19,000 C.17,500 D.16,000 E.15,000What is this year's forecast using the least squares trend line for these data?A. 20,000 B. 21,000 C. 22,000 D. 23,000 E. 24,000
is explained in the attachment.
Answer:
a. $880.74
b. 13 years
Explanation:
a. Conversion ratio = Current Value of bond / Conversion price = 1,000 / 93.4 = 10.71
Conversion price of bond = 10.71 × 28.60 = $306.31
Coupon = Par value of bond * Coupon rate = $1,000 * 6.4% = $64
Present value of straight debt is calculated below:
Present Value = $64 × [1-(1+7.4%)^-30 / 7.4%] + [$1,000 / (1+7.4%)^30]
= $64*11.93 + $117.46
= $763.28 + $117.46
= $880.74
.
Therefore, the minimum value of bond is $880.74
b. Conversion ratio = 10.71
Current stock price = $28.6
Suppose number of year the stock will take to reach above $1,140 is t.
Conversion value = Current stock price * Conversion ratio*(1+10.8%)^t
$1,140 = $28.6 * 10.71 * (1.108)^t
(1.108)^t = 3.7218
t = 12.8145 year.
t = 13 years
Answer:
a) make well-reasoned conclusions and solutions ; & b) begin jotting down a rough draft right away to capture their ideas.
Explanation:
Effective Business message should be - complete, clear, concise, concrete, correct, courteous, coherent.
Rough draft is good for brainstorming & initial preliminary creation stage of business message. After having a bunch of ideas : its important to well arrange them in a coherent, clear way & giving complete, concise structure. This implies better understanding of conclusions, solutions.
