Answer:
The correct answer is letter "D": company that specializes in making replacement tiles for the space shuttle.
Explanation:
Market-dependent industries are those whose production relies on the manufacturing of another institution. This is a threat for the entity since if the other producers fail, the entity is likely to follow the same path. The situation is even worse when the manufacturing company produces rare or uncommon goods.
Therefore, <em>a firm producing replacement tiles for space shuttles is highly market-dependent since a few organizations worldwide require spare parts for space tiles, which is not a common product traded in the market.</em>
$4,050, i got that by adding up each size than subtracting the totals
Answer:
7.4%
Explanation:
Coupon rate=coupon payment/face value
The coupon payment can be ascertained using the pmt Excel function as stated below:
=pmt(rate,nper,-pv,fv)
rate is the yield to maturity expressed in semiannual terms i.e 6.9%*6/12=3.45%
nper is the number of semiannual coupons the bond would pay over its 22.5 years i.e 22.5*2=45 payments
pv is the current price of $1057
fv is the face value of $1000
=pmt(3.45%,45,-1057,1000)=$37(semiannual coupon)
annual coupon=$37*2=$74
coupon rate=$74/$1000=7.4%
Answer:
$3,545
Explanation:
PV = 3990
APR = .139
PV = $3,990 = $50 × (1 - {1 / [1 + (.139 / 12)]t}) / (.139 / 12)
t = 224.16 months.
PV = $3,990 = $60 × (1 - {1 / [1 + (.139 / 12)]t}) / (.139 / 12)
t = 127.72 months.
Additional cost = (224.16 ×$50) - (127.72 ×$60) = $3,545
It will cost Jake $3,545 to pay off his balance, if he makes monthly payments of $50 rather than $60.
