Answer: $34.33
Explanation:
From the question, we are informed that bond has a par value of $1,000, a current yield of 6.84 percent, and semiannual coupon payments and that the bond is quoted at 100.39.
Thee amount of each coupon payment goes thus:
We have to calculate the bond price which will be:
= $1000 × 100.39%
= $1000 × 1.39
= $1003.9
It should be noted that the current yield is calculated as the annual coupon amount divided by the bond price. This will be:
6.84% = annual coupon amount ÷ $1003.9
Annual coupon amount = $1003.9 × 6.84%
= $1003.9 × 0.0684
= $68.67
Each coupon amount will now be:
= $68.67/2
= $34.33
Answer:
It could be to explain any confusion caused by differences in language
Explanation:
The official language in Japan is Japanese. Since some of the members of the team of Japanese corporation may not or have limited understanding of English Language, which was being used as a form of communication at the meeting, those who understand English very well among the members of the team of Japanese corporation may have to explain better in Japanese to their colleagues who do not or have limited understanding of English Language.
Explanation:
The three activities that took place in the forming stages are:
- Team members introduce to each other, they share their backgrounds and information about their interests and experience and develop impressions towards each other.
- Team members come to know about each other strengths, interests, and challenges.
- Team members learn about the project they are doing work and they discuss the project's goals and they conceive about what contribution and role they are going to perform on the particular project.
Answer: c. tax increase of some amount less than $45 billion
Explanation:
Increasing taxes will have the effect of reducing the Consumption in the Economy as it will reduce the disposable income that people have to spend on goods and services. It is therefore an option to bring the Economy back down to fill employment.
However, when the Taxes are increased, they should be increased by an amount less than the $45 billion because Taxes have a Multiplier effect meaning that an increase in taxes will slow down the economy more than the increase itself. This is why it should be an amount less than 45 billion especially having taken the Multiplier into account so that a good estimate of the amount needed will be ascertained.
Answer:
- <em>The annual annuity payment (PMT) will be </em><u>$750.00</u>
Explanation:
The value of a <em>annuity payment</em>, A, is equal to the present value of the future payments.
When the interest rate,r, and the <em>annual annuity payment (PMT) </em>remain constant over the entire life of the annuity, the formula for the value of the annuity is:
![A=PMT\times \bigg[\dfrac{1}{r}-\dfrac{1}{r(1+r)^{t}}\bigg]](https://tex.z-dn.net/?f=A%3DPMT%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7Br%7D-%5Cdfrac%7B1%7D%7Br%281%2Br%29%5E%7Bt%7D%7D%5Cbigg%5D)
To caculate PMT substitute:
- A = $3,806.77
- r = 5.00% = 0.05
- t = 6 years
![\$3,806.77=PMT\times \bigg[\dfrac{1}{0.05}-\dfrac{1}{0.05(1+0.05)^{6}}\bigg]](https://tex.z-dn.net/?f=%5C%243%2C806.77%3DPMT%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7B0.05%7D-%5Cdfrac%7B1%7D%7B0.05%281%2B0.05%29%5E%7B6%7D%7D%5Cbigg%5D)
Compute and solve for PMT:
![\$3,806.77=PMT\times \bigg[20-14.9243079\bigg]\\\\\\PMT=\$3,806.77/5.07569207=\$750.00](https://tex.z-dn.net/?f=%5C%243%2C806.77%3DPMT%5Ctimes%20%5Cbigg%5B20-14.9243079%5Cbigg%5D%5C%5C%5C%5C%5C%5CPMT%3D%5C%243%2C806.77%2F5.07569207%3D%5C%24750.00)
