answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vlada [557]
1 year ago
10

Suppose investors can earn a return of 2% per 6 months on a Treasury note with 6 months remaining until maturity. The face value

of the T-bill is $10,000. What price would you expect a 6-month maturity Treasury bill to sell for? (Round your answer to 2 decimal places.)
Business
1 answer:
N76 [4]1 year ago
5 0

Answer:<u> Selling Price = $9803.92</u>

Explanation:

Given:

Treasury bill will provide 2% return in every 6 months.

Time = 6 months

Rate of return = 2% per 6 months

Selling Price of Treasury bill = Face Value / (1 + Rate of Return)^{time period}

Selling Price = $10,000 / (1 + 0.02)^{1}

<u><em>Hence price we would expect a 6-month maturity Treasury bill to sell for is $9803.92</em></u>

You might be interested in
Which of the two project below would you pursue, if you based the decision on ROI (Discount rate: 10%)? Project 1 had a cash flo
Mila [183]

Answer:

Project 2 should be accepted as it's net present value (NPV) is higher

Explanation:

Project 1

Year     Cash Flows    Discounting factor @10%   Present Value(in $)

0            (5000)                      1                                (5000)

1             3000                     0.909                            2727                    

2            2000                     0.826                             1652                

3            1000                      0.751                                <u>751</u>

                                                                     NPV     $130          

Year    Cash Flows   Discounting Factor @10%   Present value (in $)

0           (7000)                      1                                  (7000)

1             5000                    0.909                            4545

2            3000                    0.826                             2478

3            2000                    0.751                               1502

                                                                    NPV    $1525  

Note: Cash flows in brackets denote cash outflows or negative cash flows.

5 0
2 years ago
What changes should be made to the above statement, located within a resume, to make it a more effective and powerful sounding q
never [62]

Explanation:

The question is incomplete as there is no above statement here. Here a general interpretation of the question shall be made. Normally human resource mangers have to go throughout thousands of resumes and it is not always possible for them to read line by line. This can negate chances of getting through for an employee. So they can make it a bit attractive by going some extra edge and using attractive lines that  are some in style and structure. They should not bombard the resume with precious English words by just represent their academic and extra curricular sides in brief.

6 0
1 year ago
How can injections affect an economy? Check all that apply.
yaroslaw [1]

Answer:2,3,4,5

is the answer, just took the assignment

Explanation:

5 0
2 years ago
In 2017 Wilkinson Company had net credit sales of $2250000. On January 1, 2017, Allowance for Doubtful Accounts had a credit bal
mamaluj [8]

Answer:

$114,000

Explanation:

Given that,

Net credit sales = $2,250,000

Opening allowance for Doubtful Accounts = $36,000

Uncollectible accounts receivable written off = $90,000

Firstly, we need to find the excess amount to be adjusted to allowance for Doubtful Accounts. It is calculated as follows:

= Uncollectible accounts receivable written off  - Opening allowance for Doubtful Accounts

= $90,000 - $36,000

= $54,000

Allowance amount:

= 10% of the balance in receivables

= 0.1 × $600,000

= $60,000

Therefore, the required adjustment to the Allowance for Doubtful Accounts at December 31, 2017 is determined by summing up the excess amount and  allowance amount.

= Excess amount to be adjusted to allowance for Doubtful Accounts + Allowance amount

= $54,000 + $60,000

= $114,000

4 0
2 years ago
If three workers are assigned to a task lasting four days, two workers are assigned a task lasting three days, and one worker is
yarga [219]

Three workers per day is minimum resource limit.

<u>Explanation:</u>

Every day he needs maximum of 3 workers, so this can be set of the minimum resource limit for the project.

Thus, the minimum resource limit for the project is -  Three workers per day

All asset make and change demands are assessed against each LimitRange object in the task. In the event that the asset abuses any of the listed requirements, at that point the asset is dismissed. In the event that the asset doesn't set an express worth, and on the off chance that the imperative backings a default esteem, at that point the default esteem is applied to as far as possible is an edge for an asset the executives and helps control asset use. A procedure for overseeing limits takes into consideration the reallocation of assets to various clients or activities as necessities change.

4 0
2 years ago
Other questions:
  • What are the three primary determinants of behavior in organizations?
    14·1 answer
  • Wd-40, inc. markets only one product, its namesake chemical lubricant. the company offers the product in several different conta
    11·1 answer
  • Ben and Sam Jenkins formed a partnership. Ben contributed $8,000 cash and a used truck that originally cost $35,000 and had accu
    15·1 answer
  • In its first month of operations, Bethke Company made three purchases of merchandise in the following sequence: (1) 300 units at
    6·1 answer
  • It is the beginning of the football season for the local college team. Martha redecorates the Coffee Collective with a theme tha
    10·1 answer
  • From a Group of 8 People, Including George and Nina, 3 people are to be selected at random to work on a certain project. What is
    7·1 answer
  • Daniels Corporation uses the step-down method to allocate service department costs to operating departments.
    9·1 answer
  • Signature Sweets, Inc. has 8 percent semiannual bonds outstanding with 15 years to maturity. The latest quote on these bonds is
    8·1 answer
  • Suppose every Buick owner's demand for gasoline is 20 - 5 p for p less than or equal to 4 and 0 for p &gt; 4. Every Dodge owner'
    15·1 answer
  • A cell phone company has a fixed cost of $1,500,000 per month and a variable cost of $20 per month per subscriber. The company c
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!