If sellers expect higher basket prices in the near future, the current prices will likely be lower.
What is the reason?This is because the sellers will try to sell their products as fast as possible to restock at a higher price when the prices go up. They may lower their prices to stimulate demand and attract more buyers who are looking for a better deal on the products.
A basket of goods is a collection of products or services that are usually purchased together. This can be used to monitor the price of common consumer products. The overall price level of goods in a basket is referred to as the basket price.
Inflation and deflation can have an impact on the prices in the basket, as well as supply and demand factors. When there is high demand for a good, the price tends to rise, while when there is low demand for a good, the price tends to fall.
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Janice contracts to sell a certain tract of land to Anthony for$5,000, but the contract does not state a time for delivery of the deed andpayment of the price. In this situation: courts will treat the promises to deliver the deed and to pay the $5,000 as mutually dependent.
When a contract fails to state a time for the delivery of the deed and payment of the price, the promises to deliver the deed and pay the amount will be treated as mutually dependent, and both parties are expected to perform their obligations at the same time.
What is the legal outcome when a contract does not state a time for delivery of the deed and payment of the price?Courts frequently view the pledges to deliver a deed or pay the sum as being mutually reliant when an agreement does not specify a deadline for either event.
This means that both parties are expected to fulfill their respective obligations at the same time, and neither party has the right to demand performance from the other without also being ready and willing to perform.
This principle is based on the concept of concurrent conditions, which is a rule that requires each party to perform their obligations under the contract simultaneously.
The courts will, therefore, treat the contract as containing an implied condition that both parties must be ready and willing to perform before either can demand performance from the other.
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If planned investment increases by $300, the change in equilibrium output will be greater than $300. An increase in planned investment will increase equilibrium income of those working on that investment project, thereby A. increasing their savings, and creating less income and less spending infinite times. B. decreasing their consumption, and creating less income and less spending multiple times. C. decreasing their investment, and creating more income and more spending infinite times. D. increasing their consumption, and creating more income and more spending multiple times over and over.
The correct answer is D. Increasing planned investment will increase the income of those working on the investment project, leading to increased consumption, income, and spending multiple times over.
In the context of business and economics, "planned" refers to activities, actions, or decisions that are intentionally and purposefully made in advance based on a predetermined strategy or goal. It involves the process of creating a structured approach to achieve desired outcomes. Planned activities are typically based on careful analysis, forecasting, and consideration of available resources and constraints. Examples of planned activities in business include strategic planning, budgeting, marketing campaigns, production schedules, and project management. Planning helps organizations anticipate challenges, allocate resources efficiently, and ensure alignment between actions and objectives. It provides a roadmap for decision-making and guides the implementation of strategies to achieve desired results.
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explain the relationship between occupation and education with example
Answer:
People who do not qualify for a particular job are given education through training in order to gain the needed knowledge for that particular job. As students, we go to school in order to be educated for future jobs. Good education on a job gives a better understanding and this brings out an excellent delivery of work.
Explanation:
More consistent and extended education leads to more job opportunities, increased income, and the ability to change one's economic status. Education has not only a connection to sanitation and hygiene elements in informal settlements but also to general career development.
ok
On May 16, 20X1, Safeway Company received a 90-day, 9 percent, $8,000 interest-bearing note from Black Company in settlement of
Black's past-due account. On June 30, Safeway discounted this note at Fargo Bank and Trust. The bank charged a discount rate of 14
percent. On August 14, Safeway received a notice that Black had paid the note and the interest on the due date.
Required:
Prepare the entries in general journal form to record these transactions.
Analyze:
On the balance sheet, Notes Receivable-Discounted would be presented as an asset with a value of $7,840.
What is a balance sheet?Generally, May 16:
Debit: Notes Receivable $8,000
Credit: Accounts Receivable $8,000
June 30:
Debit: Discount on Notes Receivable $160
Credit: Cash $7,840
Credit: Notes Receivable-Discounted $160
August 14:
Debit: Interest Receivable $120
Debit: Cash $7,960
Credit: Notes Receivable-Discounted $8,000
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If imports are greater than exports, which of the following is true?
O Trade balance is positive resulting in a deficit
O Trade balance is negative resulting in a deficit
O Trade balance is positive resulting in a surplus
O Trade balance is negative resulting in a surplus
Answer:
Trade balance is negative resulting in a deficit
Explanation:
The difference between a country's value of imports and exports is known as the balance of trade. When imports of a country surpass the exports in a particular period, it is said to have a trade deficit. The balance of trade is negative should a country be a net importer.
A trade surplus is when a country is a net exporter. Should the value of a country's exports exceed the imports, the balance of trade is positive, and the country is said to have a trade surplus.
a printed price of a manufacturer or wholesaler that is subject to trade discounts is called
A printed price of a manufacturer or wholesaler that is subject to trade discounts is called a list price.
The list price serves as a reference point for retailers and distributors to calculate their actual purchase cost. Trade discounts are offered to incentivize bulk purchases, maintain good business relationships, and promote the sale of specific products. These discounts are typically provided as a percentage of the list price and can vary depending on factors such as order volume, customer type, and market conditions.
The actual price paid by the retailer or distributor after applying the trade discount is known as the net price. By offering trade discounts, manufacturers and wholesalers can encourage larger orders, improve cash flow, and maintain a competitive edge in the market.
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I need help asap
What are the four function of a sale staff???
A sales staff's four roles include preparing sales plans, prospecting, researching, and dealing with sales issues.
What do the employees in the sales office do?A company's products and services are sold by a sales department. The department has a sales team that works together to make sales, make more money, and build and keep relationships with customers to get them to buy again and stay loyal to the brand. As a result, sales representatives are the ones who actually interact with customers and persuade them to sign the contract. As a result, the department most directly responsible for actually interacting with the customer in person is the sales function.
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_______ consists of creating something new to meet the needs of consumers in a given country.
a. Product adaptation
b. Straight product extension
c. Undifferentiated marketing
d. Product invention
The correct answer is d. Product invention.Product invention refers to the process of creating something entirely new to meet the needs of consumers in a specific country.
It involves developing innovative products or services that address unique market demands or solve specific problems in a particular geographical area.
Product invention requires research, creativity, and understanding of the target market's preferences, cultural factors, and consumer behaviors. It goes beyond simply adapting existing products or extending them unchanged to new markets (as in options a and b). Instead, it involves developing entirely new offerings that may not have existed before to cater to the specific needs and preferences of the target country's consumers.
Undifferentiated marketing (option c) refers to a marketing strategy that does not segment the market and treats all consumers as a single homogeneous group, offering a standardized product or service to everyone. It is not directly related to creating something new to meet specific consumer needs.
Therefore, product invention is the most suitable option for the process of creating something new to meet the needs of consumers in a given country.
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The journal entry for adjustment of overallocated manufacturing overhead includes a ________.
The journal entry for adjustment of overallocated manufacturing overhead includes a credit to cost of products sold.
In order to document a business transaction in the accounting records of the company, a journal entry is employed. A journal entry is often made in the general ledger, but it can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized. After then, the general ledger is utilized to produce the company's financial statements. Every company transaction should be recorded at least twice, or in double entry accounting, according to the logic behind a journal entry.
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Robertson Company had 40,000 shares of common stock outstanding during 2016 and compensatory share options to purchase 5,000 shares of common stock at $10 a share plus a $3 a share unrecognized compensation cost (net of tax). The average market price is $20 a share. The company also had 7% convertible preferred stock on which dividends of $9,000 were declared. Each preferred share is convertible into 6,000 common shares. Robertson's after-tax net income was $88,000, and the tax rate was 40%. Required: Compute 2016 diluted earnings per share for Robertson Company.
Diluted earnings per share for Robertson company which had 40,000 share of common stock outstanding during 2016 is $1.89 per share.
Calculation of the diluted earnings per share for Robertson Company:
Calculation of diluted earnings per share:Particulars Amount Net income$88,000Add:
After-tax interest on convertible preferred stock$5,400(1)
Add: After-tax compensation cost on stock options$1,800(2)
Total$95,200
Weighted average common shares outstanding40,000
Add: Common shares issuable on conversion of preferred stock$9,000 ÷ $15 per share × 6,0005,400(3)
Add: Common shares issuable on stock options5,000(4)
Total 50,400
Diluted earnings per share$95,200 ÷ 50,400
=$1.89 per share
The calculation of diluted earnings per share is shown in the table below:
The interest on the convertible preferred stock was added back to the net income, because it would no longer be an expense after conversion of preferred stock into common stock.
The after-tax compensation cost on stock options was added back to the net income, because it would no longer be an expense after stock options are exercised.
The common shares issuable on conversion of preferred stock were added to the weighted average number of common shares outstanding, because those shares would be issued upon conversion of preferred stock into common stock.
The common shares issuable on stock options were added to the weighted average number of common shares outstanding, because those shares would be issued upon exercise of stock options.
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Internal controls to safeguard assets means the company must safeguard assets against all EXCEPT:
A.
waste.
B.
audits.
C.
inefficiency.
D.
fraud.
Internal controls are measures implemented by a company to protect its assets and ensure the accuracy and reliability of financial information. These controls aim to prevent and detect risks and irregularities
Among the options given, audits are not a risk or threat that needs to be safeguarded against but rather a tool used to assess the effectiveness of internal controls.waste, refers to the inefficient or unnecessary use of company resources. Internal controls help prevent and identify instances of waste, ensuring that assets are used efficiently inefficiency, relates to the ineffective use of resources, processes, or systems. Internal controls help identify and address inefficiencies, promoting effective and optimal use of assets.fraud, is a significant risk that companies must safeguard against. Internal controls play a crucial role in preventing and detecting fraudulent activities, such as misappropriation of assets, financial statement fraud, or corruption. Therefore, the answer is B. Audits do not need to be safeguarded against as they serve as an evaluation tool for assessing the effectiveness of internal controls rather than a risk to assets.
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According to authors Murphy and Murphy, a 2% Increase in customer retention has the same net effect on a
business as decreasing costs by 10%.
According to authors Murphy and Murphy, a 2% Increase in customer retention has the same net effect on a business as decreasing costs by 10%. This is a true statement.
Why is it crucial to retain customers?Because retaining current customers is much less expensive than obtaining new ones, client retention is crucial. Retaining consumers also have a higher propensity to spread the word about your business or act as brand ambassadors.
Which element affects client retention the most?Enhance Your Relationships With Your Customers. On trust, the most prosperous companies are based. 83% of customers will refer your brand to others, according to a poll by the Concerto Marketing Group. Nevertheless, 82% of consumers are more likely to stick with your brand if they believe in it.
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The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales $ 1,350,000 Selling price per pair of skis $ 450 Variable selling expense per pair of skis $ 49 Variable administrative expense per pair of skis $ 19 Total fixed selling expense $ 150,000 Total fixed administrative expense $ 110,000 Beginning merchandise inventory $ 60,000 Ending merchandise inventory $ 120,000 Merchandise purchases $ 290,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin per unit?
Answer:
Results are below.
Explanation:
Giving the following information:
Units sold= 1,350,000 / 450= 3,000
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 60,000 + 290,000 - 120,000= $338,000
Absorption costing income statement:
Sales= 1,350,000
COGS= (338,000)
Gross profit= 1,012,000
Total selling expense= (49*3,000) + 150,000= (297,000)
Total administrative expense= (19*3,000) + 110,000= (167,000)
Net operating income= $548,000
Now, the contribution margin income statement:
Sales= 1,350,000
COGS= (338,000)
Total Variable selling expense= (49*3,000)= (147,000)
Total Variable administrative expense= (19*3,000)= (57,000)
Total contribution margin= 808,000
Total fixed selling expense= (150,000)
Total fixed administrative expense= (110,000)
Net operating income= $548,000
Finally, the unitary contribution margin:
CM per unit= 808,000 / 3,000= $269.33
such as Immigration, automation, and globalization, to plan Dante is monitoring developments in for how they will affect his company. Multiple Choice adaptive change outside forces inside forces innovative change
As the business world becomes more complex, companies must stay vigilant and adaptable to changes that affect their operations.
Changes such as immigration, automation, and globalization can have significant impacts on a company's ability to function and compete. Therefore, it is essential to monitor these developments and plan for how they will affect the company.
Adaptive change is a type of change in which an organization seeks to maintain its status quo in the face of outside forces.
In other words, the company adapts to the changes in the environment while maintaining its existing systems, structures, and practices. This type of change is often incremental and aimed at maintaining stability and continuity.
In contrast, innovative change involves creating new systems, processes, products, or services. It is a type of change that transforms the organization's fundamental way of doing things.
Innovative change is usually driven by inside forces, such as new technology or changing customer demands, and can lead to significant improvements in the company's competitiveness and profitability.
To plan for how these changes will affect the company, Dante should consider both types of change.
He should assess the potential impact of adaptive change on the company's existing systems and processes, and determine whether changes are needed to maintain the company's competitiveness.
He should also be prepared to identify opportunities for innovative change that can help the company take advantage of new technologies or changing market trends.
By staying vigilant and adaptable to changes in the environment, Dante can help his company thrive in a constantly evolving business landscape.
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Maryann has just opened a new food-truck business selling homemade crepes. She is confident in the quality of her product and she must now decide on the right price. Should she attract new customers through lower prices or highlight the quality of her products through higher prices? these questions represent which step of the price-setting process?.
These questions represent the defined pricing objective step of the price-setting process
What is a defined pricing objective?Generally, Pricing objectives are the goals that direct how a company determines the rates that they will charge for its goods or services. These goals are applicable to pricing for both new and current clients, and they should be applied.
Adjusting prices over time in order to fulfill your goals requires constant reevaluation, and the guidance offered by pricing objectives is essential to this process.
In conclusion, Maryann has just opened a new food-truck business selling homemade crepes.
She is confident in the quality of her product and she must now decide on the right price.
Should she attract new customers through lower prices or highlight the quality of her products through higher prices? these questions represent the defined pricing objective step of the price-setting process
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Finish this sentence... I believe car loans are
What is one major effect of specialization on an economy?
O A. Self-sufficiency becomes more important as many businesses
shut down.
B. Opportunity costs for trade rise as businesses are slow to change.
C. Labor becomes more divided as workers focus on certain skills.
D. Voluntary exchange declines as fewer countries can trade
internationally.
Answer: It’s C
Explanation: read it before you check it because the order might be different in different test.
The one major effect of specialization on an economy is that the Labor becomes more divided as workers concentrate on definite skills.
What is specialization in an economy?Specialization is a manufacturing method in which an organization concentrates on producing a narrow range of products in order to increase efficiency.
Specialization has one cardinal determinant on an economy, that the labor becomes more and more divided as workers focus on specific abilities.
Therefore, option C is correct.
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True or false: Flexible prices help to explain how unexpected changes in demand lead to the fluctuations in GDP and employment that occur over the course of the business cycle.
Answer:
True this is the answer thanks please rate
Net Income ($82)
Charges in Working Capital $100
FCFO
$[?]
$150
Fill in the blanks
on this financial
statement.
Disposal of PPE
Purchase of PPE
FCFI
Issuance of Stock
($27)
$[ ]
$540
Dividend Payment ($110)
Issuance of Debt
$68
Debt Repayment ($25)
Interest Expense
($75)
FCFF sĩ
Total FCF $[
FCFO = $182
FCFI = $216
FCFF = $ -82
Total FCF = $583
What are the above terminologies and how did we arrive at the answers?FCFO - Free Cahs Flow to Firm is derived by adding Net Income to Charges in Working Captial
= $82 + $100
= $182
FCFI - Free Cash flow to Firm (Investing
= Disposal of PPE - Purchase of PPE + Issuance of Debt + Debut repayment
= 150 - 27 + 68 + 25
= $216
FCFF = Free Cash Flow to Firm
= Dividend payment + Interst Exprense + FCFI
= $110 + 75 + 216
= $401
Total FCF = FCFO + FCFF
= $182 + $401
= $583
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if a buyer has given the broker a signal that the buyer is ready to make an offer, what should the broker do to get the buyer to make the offer?
Act as if the buyer has made up their mind to make an offer. A buyer wants to have the offer reviewed by a lawyer.
What happens when an offer is made on a home?
You'll also need money to pay for a few more immediate expenses in addition to the down payment. Along with your offer, you must deposit earnest money. The deposit is normally between one and three percent of the house's asking price. By putting down a deposit, you may show the seller that you're committed to buying their home.What is the name of the contract to buy a house?
An offer to acquire real estate, also known as a real estate purchase contract or a residential purchase agreement, is a contract in which the seller(s) and the buyer are both named (s),
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"COMPUTER SHOP"
Management Theory
Management Plan/Sustainability Plan
The computer store may embrace TQM as its management philosophy (TQM). TQM is a management strategy that places an emphasis on enhancing the quality of products and services continuously.
Does TQM involve ongoing improvement? Why?TQM is centred on enhancing organisational processes continuously to produce high-quality goods and services. Doing things correctly the first time and every time is TQM's ideal objective. The final arbiter of quality is the consumer. Quality cannot be raised without suffering considerable production losses.
Whole quality management definition TQM as a method of management?Total Quality Management (TQM) is a management paradigm based on the idea that by having all of an organization's members, from entry-level employees to its highest ranking executives
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Kate likes to draw and is quite good at it. She's also enjoyed photography classes and has a good eye. While she loves her artwork, she is looking for a stable career option. Which career should she choose and why?
Answer:
food
Explanation:
because
Answer:
peeee
Explanation:
peeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
María, age 32, earns $60,000 working in 2022. She has no other income. Her medical expenses for the year total $6,000. During the year, she suffers a casualty loss of $9,500 when her apartment is damaged by flood waters (part of a Federally declared disaster area). María contributes $6,000 to her church and pays $4,000 of state income taxes. On the advice of her friend, Maria is trying to decide whether to contribute $5,000 to a traditional IRA. Complete the table to show the effect the IRA contribution would have on Maria's itemized deductions.
Her taxable income would be reduced by the $5,000 IRA contribution if she decides to make it, resulting in a lower tax liability.
Itemized Deductions Without IRA Contribution With IRA Contribution
Medical Expenses $6,000 $6,000
Casualty Loss $9,500 $9,500
Charitable Donations $6,000 $6,000
State Income Taxes $4,000 $4,000
Total $25,500 $25,500
Maria's IRA contribution would not affect her itemized deductions because IRA contributions are not deductible on Schedule A.
Instead, they are deducted from her taxable income on the front page of her tax return. Therefore, her taxable income would be reduced by the $5,000 IRA contribution if she decides to make it, resulting in a lower tax liability.
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b) an investment promises an annual income of $35,000 for 15 years. the investment costs $350,000 upfront. what is the implied rate of return on this investment?
If an investment promises an annual income of $35,000 for 15 years. the investment costs $350,000 upfront then the implied rate of return on this investment would be approximately 9.54%.
To calculate the implied rate of return on an investment that promises an annual income of $35,000 for 15 years with an upfront cost of $350,000, you can use the following steps:
1. Identify the cash flows: The upfront cost (initial investment) is -$350,000, and the annual income for 15 years is $35,000.
2. Set up the formula for the net present value (NPV): NPV = CF0 + CF1/(1 + r)^1 + CF2/(1 + r)^2 + ... + CFn/(1 + r)^n, where CF represents cash flows and r represents the rate of return.
3. Insert the cash flows and solve for r: 0 = -$350,000 + $35,000/(1 + r) + $35,000/(1 + r)^2 + ... + $35,000/(1 + r)^15.
4. Use a financial calculator, spreadsheet software, or trial-and-error method to find the value of r that makes the NPV equal to 0.
In this case, the implied rate of return on this investment is approximately 9.54%.
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Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing
Answer:
franchising marketing
What are three examples of investments?.
Answer:
fund
investment company
stock
A startup business estimates first-year revenues at $93,000. Their cost of
goods sold is estimated at $41,200. The following amounts are estimates of
operating expenses for that year: rent, $11,400; utilities, $1,080; salaries,
$18,000; advertising, $950; supplies, $500; insurance, $1,800; other, $350.
What are the total estimated operating expenses?
A. $34,080
B. $41,200
C. $75,280
create an array called resampled slopes that contains the slope of the best fit line for 1000 bootstrap resamples of birds. plot the distribution of these slopes. (8 points)
Create an array called resampled slopes that contains the slope of the best fit line for 1000 bootstrap resamples of birds,
What is bootstrap?
A open and free CSS framework called Bootstrap is designed for front-end web development that prioritises mobile responsiveness. It includes design layouts for typography, formation, buttons, navigation, as well as other interface elements in HTML, CSS, and (optionally) JavaScript. With over 158,000 stars as of July 2022, Bootstrap is GitHub's eighth most starred project. An HTML, CSS, and JS library called Bootstrap aims to make the creation of educational web pages as simple as possible (as opposed to web apps). The main goal of adding this to a web project would be to apply the colour, size, font, and layout options of Bootstrap to that project.
import numpy as np
from scipy.stats import linregress
import matplotlib.pyplot as plt
# Create bootstrap resamples
np.random.seed(1)
n_resamples = 1000
resampled_slopes = np.empty(n_resamples)
for i in range(n_resamples):
resample_inds = np.random.choice(range(len(birds)), len(birds))
x = birds.iloc[resample_inds]['weight']
y = birds.iloc[resample_inds]['wing_length']
slope, _, _, _, _ = linregress(x, y)
resampled_slopes[i] = slope
# Plot distribution of resampled slopes
plt.hist(resampled_slopes, bins=50, density=True)
plt.xlabel('slope')
plt.ylabel('proportion of resamples')
plt.show()
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Unilever Company Ltd issues a 6.80% coupon rate per year with annual payments that have a four years period to maturity. Determine the price of its bond today, round to the nearest dollar, if the current yearly yield to maturity is 5.35 %.
a. $923 b. $1,030 c. $1,051.00 d. $1,066.21
The price of the bond is closest to $1,051.00 when rounded to the nearest dollar. The correct option is c.
To calculate the price of the bond, we can use the present value formula for bonds. The formula is: Bond Price = (Coupon Payment /
\((1 + Yield)^1)\)
+ (Coupon Payment /
\((1 + Yield)^2)\)
+ ... + (Coupon Payment + Face Value) / (1 +
\((Yield)^n\)
The bond has a coupon rate of 6.80%, and the yield to maturity is 5.35%. The bond has a four-year maturity period.
First, let's calculate the coupon payment, which is 6.80% of the face value. As the coupon rate is expressed annually, the coupon payment is (6.80/100) * Face Value.
Next, we'll plug the values into the formula: Bond Price = (Coupon Payment /
\((1 + Yield)^1)\)
+ (Coupon Payment /
\((1 + Yield)^2)\)
+ (Coupon Payment /
\((1 + Yield)^3)\)
+ (Coupon Payment + Face Value) /
\((1 + Yield)^4\)
By substituting values in the equation we get $1,051.00 when rounded to the nearest dollar.
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What types of information are found on a balance sheet ? (Select all that apply.)
total bank equity capital
total liabilities
interest expense
total assets