Answer:
the bonds' current market value = PV of face value + PV of coupon payments
a. The bond has a 6 percent coupon rate.
PV of face value = $1,000 / (1 + 5%)²⁴ = $310.07
PV of coupon payments = 30 x 13.799 (PV annuity factor, 5%, 24 periods) = $413.97
bond's market value = $724.04
b. The bond has a 8 percent coupon rate.
PV of face value = $1,000 / (1 + 5%)²⁴ = $310.07
PV of coupon payments = 40 x 13.799 (PV annuity factor, 5%, 24 periods) = $551.96
bond's market value = $862.03
DTP or Desktop Publishing software is a software used to arrange element on a page in a way that makes communication more effective. In publishing houses, DTP are used to layout variety of printed materials such as magazines, books, pamphlets and menus
Answer:TRUE
Explanation: A bid is a proposal made by a supplier or contractor to another Organisation who wants to the service or the product of the bidder. A bid is usually requested from different parties and it is contested by the bidders any successful bidder wins the Project or contract.
A bid that is signed by the automatically becomes binding and can be tendered in the court as a legal document.
Answer:
- The gross pay of Kenny is $750.
- The gross pay of Charles is $525.
- The gross pay of Laurie is $855.
- The gross pay of Hylis is $480.
Explanation:
As the data of the employers is not given here, a similar question is found , for which the data is attached herewith.
Now the minimum wage per week for $8 an hour is given as
Minimum Wage=40*$8=$240.
The gross pay of Kenny with 50 new customers is given as
So the gross pay of Kenny is $750.
The gross pay of Charles with 35 new customers is given as
So the gross pay of Charles is $525.
The gross pay of Laurie with 52 new customers is given as
So the gross pay of Laurie is $780.
The gross pay of Hylis with 32 new customers is given as
So the gross pay of Hylis is $480.
As Laurie has the highest number of new customers, so she will receive a bonus of $75.
So the gross pay of Laurie is $780+$75=$855.
So the gross pays are given as
- The gross pay of Kenny is $750.
- The gross pay of Charles is $525.
- The gross pay of Laurie is $855.
- The gross pay of Hylis is $480.
Answer:
a. standing plan
Explanation:
operational plan make a room for strategy plan it give clear picture of the goals to be accomplished as well as the objectives and the task behind it to the personnel in an organization. It is an implementation of strategies.It should be noted that standing plan is a type of operational plan that saves managers time because it is created once and then used repeatedly to handle frequently recurring events.
