Answer:
The right solution is "$966.27".
Explanation:
Given values are:
Coupon rate,
= 10%
Par value,
= $1000
Yield of maturity,
= 12%
then,
Coupon will be:
=
=
= ($)
Now,
The present value of coupon will be:
=
By putting the value, we get
=
=
=
= ($)
The present value of par value will be:
=
=
= ($)
hence,
The price of bond will be:
=
=
= ($)
Answer:
Equilibrium quantity falls by 200 - 160 = 40 units
Explanation:
Below is the calculation for the quantity by which the equilibrium quantity falls.
Given the equilibrium quantity = 200 per month
Tax per bracelet = $5
Total tax revenue = $800
Number of bracelet on which tax imposed = 800 / 5 = 160
Thus equilibrium quantity falls by 200 - 160 = 40 units
Answer:
The annual rate of return over the entire 15 years was of 5.64%.
Explanation:
Having made an investment for 15 years, with a varying interest rate, it is necessary to add all the annual interests and then divide them by the number of years to determine the average annual interest rate of said investment.
Thus, this investment had an annual interest rate of 3.3% for 7 years, and 7.7% for 8 years. Thus, it had an accumulated interest of 84.7% (3.3 x 7 + 7.7 x 8 = 84.7), which, divided by the 15 years that the investment lasted, give an average annual interest of 5.64% (84.7 / 15 = 5.64 ).
Explanation:
The government may also adjust spending, tax rates, or introduce tax incentives. ... As a result, these elected members of the government have a great deal of influence on the economy. Fiscal and monetary policies are intended to either slow down or ramp up the speed of the economy's rate of growth
Answer:
What is the final cost of the merchandise inventory for Jones Manufacturing from this purchase?
C: 8,340
Explanation:
Purchase 10000
Return 2000
8000
discount % 2%
discount 160
Net payment 7840
Freigth 500
Final cost 8340