Answer:
hence investor's rate of return is 10.26%
Explanation:
Given data
time = 5 year
rate = 9%
coupon bond = $975
sell bond = $985
at time = 1 year
to find out
investor's rate of return
solution
we will find first here Coupon payment that is
Coupon payment = 9% of 1000 that is $90
so that we can say that coupon bond will be
975 = 90 / (1 + r ) + $985 / (1 + r )
solve here r we get r
rate r = 10.26 %
so
hence investor's rate of return is 10.26%
Answer:
poop is the place to go. as long a as there is a bathroom nearby
Answer and Explanation:
The computation is shown below:
Total material variance = Actual quantity × Actual rate - Standard quantity × Standard rate
= 29000 × $6.3 - (16,000 units × 2) × $6
= $182,700 - $192,000
= - $9,300 favorable
Material price variance = Actual quantity × Actual price - Actual quantity × Standard price
= (29,000 units × $6.3) - (29,000 units × $6)
= $182,700 - $174,000
= $8,700 unfavorable
Material quantity variance = Standard quantity × Actual quantity - Standard rate × Standard quantity
= $6 × 29,000 units - $6 × (16,000 units × 2)
= $174,000 - $192,000
= -$18,000 favorable
The favorable is when the standard cost is more than the actual one while the unfavorable is when the standard cost is less than the actual one
