Which employees typically work in an office environment within schools? Check all that apply.

15-year bonds 2 years ago at a coupon rate of 7.3 percent. The bonds make semiannual payments. If these bonds currently sell for

svp [43]

Answer:

The answer is 6.95%

Explanation:

We are looking for Yield-to-maturity (YTM). YTM can also be called rate of return or discount rate.

Note: The 15 -year bond was bought 2 years ago, meaning it remains 13 years

N(Number of periods) = 26 years ( 13years x 2)

I/Y(Yield to maturity) = ?

PV(present value or market price) = $103

PMT( coupon payment) = $3.65( [(7.3percent ÷ 2)x $100)]

FV( Future value or par value) = $100

We are using a Financial calculator for this.

N= 26; PMT = 3.65; FV= $100; CPT PV= -103, CPT I/Y

I/Y = 3.47.

3.47% is for semiannual rate

Therefore, annual rate is 6.95% (3.47% x 2)

8 0

3 years ago

Which of the following is an example of tertiary healthcare? Question 4 options: A family doctor An Ear, Nose, and Throat Specia

zhannawk [14.2K]

A Research Facility that specializes in experimental therapies for a condition called Laryngomalacia.

Primary Healthcare is your regular family medicine/pediatric doctor

Secondary is more complex problems where disciplines are brought together like hospitals

Tertiary is super specialized care that receives referrals from primary/secondary docs.

5 0

3 years ago

HURRY HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

NNADVOKAT [17]

I think maybe A, hope it helps!

5 0

3 years ago

Read 2 more answers

Ted was dissatisfied with his job. He said that the company policy, supervision, and working conditions were responsible for his

poizon [28]

Answer: (B).

"Hygiene factors" are the extrinsic factors that create job dissatisfaction.

Explanation:

Frederick Herzberg's theory states that some factors in the organization lead to job satisfaction while others cause job dissatisfaction.

According to him, the presence of motivators (such as; recognition and employee involvement) in an organization lead to job satisfaction.

He also stated that when "hygiene factors" (such as conducive working conditions, good supervision and job security) are absent, it causes dissatisfaction in the workplace, even though their presence don't improve job satisfaction.

7 0

4 years ago

Calculate the present value of the following annuity streams:

storchak [24]

Answer:

a. = $29,503.95

b. = $75,302.15

c. = $31,274.18

d. = $79,820.27

Explanation:

A financial product that gives an investor a fixed stream of payments over period of time is called an annuity.

The two types of annuity are in the question. The first is an ordinary annuity while second is annuity due.

An ordinary annuity gives investors payments at the end of each time period. The formula that is used to calculate the Present Value (PV) of ordinary annuity is:

PVo = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] ....................................... (1)

Where

PVo = Present value of an ordinary annuity

P = periodical payment

r = interest rate

n = number of periods

An annuity due gives investors payments at the beginning of each time period. The formula is used to calculate the Present Value (PV) of annuity due is:

PVd = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] × (1+r) .......................................... (2)

Where

PVd = Present value of an annuity due.

P, r and n are already described above.

Question "a"

This is an ordinary annual annuity, and equation (1) will be used to calculate the PV as follows:

PVo = P × [{1 - [1 ÷ (1+r)]^n} ÷ r]

Where,

P = yearly payment = $6,000

r = interest rate = 6% = 0.06

n = number of years = 6

PVo = $6,000 × [{1 - [1 ÷ (1+0.06)]^6} ÷ 0.06]

= $29,503.95

Question "b"

This is an ordinary quarterly annuity, and equation (1) will also be used to calculate the PV as follows:

PVo = P × [{1 - [1 ÷ (1+r)]^n} ÷ r]

Where,

P = quarterly payment = $6,000

r = interest rate = 6% = 0.06

n = number of quarters = 6 × 4 = 24

PVo = $6,000 × [{1 - [1 ÷ (1+0.06)]^24} ÷ 0.06]

= $75,302.15

Question "c"

This is an annual annuity due, and equation (2) will be used to calculate the PV as follows:

PVd = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] × (1+r)

Where,

P = yearly payment = $6,000

r = interest rate = 6% = 0.06

n = number of years = 6

PVd = $6,000 × [{1 - [1 ÷ (1+0.06)]^6} ÷ 0.06] × (1+0.06)

= $31,274.18

Question "d"

This is a quarterly annuity due, and equation (2) will be used to calculate the PV as follows:

PVd = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] × (1+r)

Where,

P = yearly payment = $6,000

r = interest rate = 6% = 0.06

n = number of years = 6 × 4 = 24

PVd = $6,000 × [{1 - [1 ÷ (1+0.06)]^24} ÷ 0.06] × (1+0.06)

= $79,820.27

All the best!

3 0

4 years ago