Answer:
Current price of bond is $1060.47
Explanation:
Coupon payment = 1000 x 8% = $80 yearly = 80/2 = $40 semiannually
Number of periods = n = 8 years x 2 periods per year = 16
Yield to maturity = 7% yearly = 7% / 2 = 3.5%
Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond =$80 x [ ( 1 - ( 1 + 3.5% )^-16 ) / 3.5% ] + [ $1,000 / ( 1 + 3.5% )^16 ]
Price of the Bond = $80 x [ ( 1 - ( 1.035 )^-16 ) / 0.035 ] + [ $1,000 / ( 1.035 )^16 ]
Price of the Bond = $483.76 + $576.71
Price of the Bond = $1,060.47
Answer: collaborative filtering
Explanation:
Collaborative filtering is a technique thta helps to filter out the things that a user can like base on how other identical users react. Here, a small sample of the people with similar taste will be chosen from a larger group.
When you view a selection at Amazon and see "Customers who bought this (item) also bought ...," you are seeing the application of collaborative filtering.
Answer:
Increase consumer recognition and awareness of product offerings.
Explanation:
It is difficult to stand out in the market if you don't have a specific identity. Marketing a range of products through a brand helps increase recognition. There are tons of companies that sell chocolate, but Hershey's is the most recognizable and has helped all their various products stand out simply by being associated with the name Hershey's.
Answer:
Upward sloping
Explanation:
An increase in the demand for movies will increase the salaries of actors because the demand for actors will increase. In long-run overall supply of the movies will be high, which is why, the supply curve for the movies will be upward sloping. Increase in the supply of movies in long-run will be depicted by upward supply curve.
At the profit-maximizing level of output, a monopolist will always operate where: <span>Price is greater than marginal cost
a company that obtains a monopoly within a market will have no competition that disturbs their market share of potential customers, therefore they technically could fully determine the most acceptable price for that specific market.</span>
