_______ is the ability to anticipate, envision, maintain flexibility, think strategically, and work with others in the organizat
1 answer:
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Answer:
present value of bond = $1042.96
Explanation:
given data
spot rates for six months = 1%
spot rates for one and = 1.1%
spot rates for one and half years = 1.3%
price = $1000
coupon bond = 4.25%
time = 6 month
solution
we get here first price on bond paid that is
coupon paid = $1000 × 4.25 × 0.5 = $21.25
we get here present value of 6 month and 1 year and 1 and half year
present value = ..............1
present value of 6 month = = 20.23
present value of 1 year = = 21.01
present value of 1 year and half year = = 20.97
and
now we get present value of par value in 1 and half year
present value of par value in 1 and half year =
present value of par value in 1 and half year =
present value of par value in 1 and half year = 980.75
so
present value of bond will be as
present value of bond = 20.23 + 21.01 + 20.97 + 980.75
present value of bond = $1042.96
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Answer:
Your answer would be D). $2,040.00
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Explanation:
To find the state income tax in this situation, we would need to be doing a lot of multiplying and dividing in order to get our answer.
We would use this equation:
t = px
t = Total paid
p = percentage
x = unknown
In this case, we would need to find what x is.
Let's give you the equation:
15,449.60 = 28.4x
We would need to get x by itself, so we would divide by 28.4. But first, we would need to move the decimal place from 28.4 2 times to the left, so we would be dividing by .284
Now, that;;s the federal income tax, but we have to find the state income tax. We would use 54,400 and miltiply it by 3.75 (move 2 decimal places to the left to get 0.0375).
Agnes payed <u>$2,040</u> in state income tax.
D). $2,040 should be your FINAL answer.
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