Answer:
The current value of the Bond is $807.03
Explanation:
The price of the bond can be calculated by taking the present values of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond.
According to the given data
Face value of the bond = F = $1,000
Coupon payment = C = $1,000 x 4.5% x 6/12 = $22.5 Semiannually
Number of periods = n = 25 years x 2 = 50 period
s
YTM = 6% / 2 = 3%
Price of the bond is calculated by using following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Placing all the available values in the formula
Price of the Bond = $22.5 x [ ( 1 - ( 1 + 3% )^-50 ) / 3% ] + [ $1,000 / ( 1 + 3% )^50 ]
Price of the Bond = $578.92 + $228.11
Price of the Bond = $807.03
Answer:e. importing.
Explanation:
Importing is a component of international trade that deals with the process of bringing goods, merchandise or services from an external/ Foreign country in order to resell them in another country ( Importer's country)
Matt's market is involved in the process of importing because it is getting fruits grown from other countries ( Mexico and South Africa) and selling in the grocery store chain United States where it is located.
Answer: B. 3
Explanation:
The expected arrival rate at service point is 45 customers per hour and reasonable service rate is 4 minutes.
The total numbers of customers each clerk can handled per hour is calculated below,
= (60 minutes)/ 4(minutes) = 15 customers
At the arrival rate of 45 customers per hour. The required number of clerks needed to handle 45 customers per hour is;
= customer arrived / customer served
= 45/15 =3
Therefore 3 clerks are required to keep the pace steady at an average time under 5 minutes.
Answer:
Extensive Problem Solving.
Explanation:
Robin is engaging in extensive problem solving by trying to get all the information she needs in order to make a choice on the best gift for her grandparent's 50th wedding anniversary.
Extensive problem solving: This can be defined as the process by which a buyer makes decision on the kind of product to purchase without having a prior knowledge or information about the product. It could be stressful and time consuming.
Extensive problem solving usually arise when buyers discovers there is a need that is new to them and the need requires a lots of effort to satisfy it. It involves getting information on the product to selecting the best brand. Robin is searching for a gift that will be accepted by both her grandmother and grandfather.