Answer:
The bond equivalent YTM = 8.36%
Effective annual YTM = 8.53%
Explanation:
The following image states the explanation:
Support this statement using complete sentences: “Constructive criticism is offered in a way that encourages growth and learning
1 answer:
You might be interested in
Cash Coverage ratio indicates if a firm has enough cash to pay of its interest expenses. The ideal ratio to be maintained by a firm is 1:1. This can be given by the following formula:
Cash Coverage Ratio=
Cash Coverage Ratio=
Cash Coverage Ratio=28.38
Assumption: Cost includes Depreciation, thus depreciation is added back, To find Cash Profits before Interest and Taxes.
Answer:
c the price elasticity of demand is about 1.43 and an increase in the airfare will cause airlines' total revenue to decrease.
Explanation:
q1 2,000 p1 250
revenue1 = quantity x price = 2,000x250 = 500,000
q2 1,700 p2 280
revenue2 = 1,700 x 280 = 476,000
<u>Midpoint formula:</u>
Ep = -1.432432432
As the price elasticity is above -1 the decrease in quantity is greater than the decrease in price thus, the revenue of the firm decreases if increase the price.