Noor Patel has had a busy year! She decided to take a cross-country adventure. Along the way, she won a new car on the "Price Is
1 answer:
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Answer:
Yes
Explanation:
Given:
- F = 1000$
- n = 7
- Coupon rate = 9%, because it pays the coupon semiannually, so
=> Coupon payment = 1000*9%/2 = 45
- Current market rate, YMT= 10%
So the current value of bond is:
C(1- (1+r)^(-n)/r + F/(
<=>45(1 - (1+0,1)^(-7/0.1)) + 1000(1+0,1)^7
<=> C = $951
So she will buy the bonds at the offered price 943.22 because it is smaller than $951
Answer: $1,600
Explanation:
The training hours per employee can be calculated by multiplying the Employee Training hours by the cost of training per employee.
From the Attached document, the Baldwin company does 80 hours of training for employees.
The Training costs per Employee is;
= 80 * 20
= $1,600
