Answer:
$1,125.98
Explanation:
market price of the bonds = present value of face value + present value of coupons
PV of face value = $1,000 / (1 + 0.0599)⁴ = $792.39
PV of coupons = coupon x {1 - [1/(1 + r)ⁿ]} / r = 96.25 x {1 - [1/(1 + 0.0599)⁴]} / 0.0599 = 96.25 x 3.34659 = $333.59
market value = $792.39 + $333.59 = $1,125.98
Answer:
B) 9.75 percent
Explanation:
Christina's net gains with this operation was:
- $148 in dividends
- 200 shares x ($70.25 - $62.30) = 200 x $7.95 = $1,590
total gain = $148 + $1,590 = $1,738
Christina invested 200 x $62.30 = $12,460
her nominal rate of return = $1,738 / $12,460 = 13.95%
if the inflation rate was 4.2%, then her real rate of return = 13.95% - 4.2% = 9.75%
Based on the provided information, the technique that Nordstrom managers were using is Delphi technique.
<h3>What is a Delphi technique ?</h3>
Delphi technique can be regarded as the structured communication technique which is been developed to serve as interactive forecasting method that is based on a panel of experts.
Therefore, Nordstrom managers as using Delphi technique.
Learn more about Delphi technique at;
brainly.com/question/24506250
Answer: 2.51
Explanation:
First, we calculate the number of shares that will be issued in order to raise $8.6 million at $40 a share. This will be:
= $8.6 million / $40
= 215,000
Since the firm currently has 540,000 shares of stock outstanding, the number of rights that a shareholder will need to purchase one new share of stock in this offering will be:
= 540,000 / 215,000
= 2.51
