Upper Darby Metals has a 8.50% coupon bond outstanding that was issued 5 years ago with an original maturity of 20 years. The bond pays interest semi-annually. What is the market price of the bond if the par value is $1000 and the yield to maturity is 7.25%?

Answers

Answer 1

To calculate the market price of the bond, we can use the present value of bond cash flows formula. The cash flows consist of periodic coupon payments and the final principal repayment. The market price of the bond is approximately $1,197.33.

The bond has a coupon rate of 8.50% and pays interest semi-annually. Since the bond has 20 years to maturity and pays interest semi-annually, the total number of periods is 40 (20 years * 2). The semi-annual coupon payment can be calculated as ($1000 * 8.50%) / 2 = $42.50.

The yield to maturity (YTM) is 7.25%, which is the required rate of return for the bond. Now, we can calculate the present value of the bond cash flows using the YTM of 7.25% and the semi-annual coupon payment of $42.50 for 40 periods, along with the final principal repayment of $1000.

Using a financial calculator or spreadsheet, the market price of the bond is approximately $1,197.33. Therefore, the market price of the bond is approximately $1,197.33.

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Related Questions

Companies buy each other. When this happens, both companies must change to allow the two organizations to become one. But we know, from research, that most mergers do not really succeed. Years later the two companies still haven't integrated How would you take two antagonistic companies — perhaps two strong former competitors, or two radically different business types (like merging a Silicon Valley tech company and a 150 year old insurance company) — and help the staff in both come together and work together, creating a new common corporate culture.

Answers

Creating a Unified Corporate Culture in the Merger of Antagonistic Companies

Merging two antagonistic companies, especially if they were former competitors or vastly different in business types, presents a significant challenge in creating a new common corporate culture. The success of a merger heavily relies on the integration of staff from both organizations and their ability to work together harmoniously. This report outlines strategies and recommendations to facilitate the process of merging two antagonistic companies and fostering a unified corporate culture.

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Where is the main Federal Reserve Bank located?​

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please mark me brilliance

Where is the main Federal Reserve Bank located?
Washington DC! Hope this helps!

inventory records for eliza company revealed the following: date transaction number of units unit cost march 1 beginning inventory 1,070 $ 7.16 march 10 purchase 570 7.28 march 16 purchase 860 7.45 march 23 purchase 590 7.62 eliza sold 2,100 units of inventory during the month. what is the cost of goods sold assuming weighted-average cost?

Answers

According to the inventory records for Eliza company, the cost of goods sold assuming the weighted-average cost is $15436.42.

All costs and expenses directly associated with the manufacture of goods are included in the cost of goods sold (COGS). COGS does not include indirect costs like as overhead, sales, and marketing.

Here,

Compute the total cost as follows:

Transactions              Number of               Unit costs            Total costs
                                     units (a)                        (b)                      (a x b)
Beginning inventory         1070                       7.16                     7661.2

Add: Purchase
10 March                            570                       7.28                    4149.6

16 March                            860                      7.45                     6407
23 March                           590                       7.62                    4495.8
Total                                 3090                                                  22713.6

Calculate the average cost per unit as follows:

Average cost per unit = 22713.6 ÷ 3090 = 7.35067961

Calculate the cost of goods sold as follows:

Cost of goods sold = 7.35067961 x 2100 = $15436.42

Therefore, the amount of the weighted average cost assuming the cost of goods sold is $15436.42.

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inventory records for eliza company revealed the following: date transaction number of units unit cost

Discuss any five items of government expenditure in Nigeria

Answers

Answer:

Government expenditure items, whether recurrent or capital, are usually classified into four major groups, namely: administration, economic services, social and community services and transfers.

Have you ever bought an item you didn't plan to? If yes, why do you think that happened?​

Answers

Answer:

Yes, I have absolutely no control when it comes to shopping.

Explanation:

Answer: Unreliable planning

Explanation: You were more focused on the things that are physically their, instead of what you put on your shopping list . Sometimes you will write a grocery list, but when you get their, you see so much better things. It can come out in a Bad way and a good way. The bad way is buying whatever you see their that you think looks good, the good way is sticking to your shopping list and if you see something that is better, and that you really need you should get it.

a flexible budget performance report indicates a sales variance of $200 unfavorable. the variance was likely caused by: multiple choice question. selling units for less than the budgeted price selling more units than budgeted selling units for more than the budgeted price

Answers

The variance was likely caused by selling units for less than the budgeted price.

How do you calculate a flexible budget's variance?

For instance, a flexible budget model is created with the expectation that the cost per unit will be $100. 800 units were sold in the most recent month, with a $102 average selling price per unit. By multiplying 800 units by $2 per unit, the favorable flexible budget variance for revenue equals $1,600.

What is the difference between the actual sales results and the flexible budget?

A flexible budget variation is a calculated discrepancy between the budget that was anticipated and the outcomes. In the aforementioned illustration, the corporation has a goal production capacity of 85%. The estimated or anticipated 212,500 unit sales volume results in a $740,625 profit.

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Meeting planners might find themselves doing all of the following except

arranging for technical and audiovisual needs
establishing agenda, objectives, and budget
establishing policies and programs for business travel
working with vendors to secure location

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Meeting planners might find themselves doing all of the following except establishing policies and programs for business travel.

A meeting planner tends to make professional decisions in all areas of meeting preparation and presentation. They plan and schedule meetings,  establish meeting objectives, inspect meeting sites, budget expenses, and also negotiate with suppliers.

So a meeting planner brings together every person involved in producing a meeting. Thus, such meeting planners are someone who tend to understand the intent of the event, or its business rationale. Thus, meeting planners must be familiar with concepts, standards, practices and procedures in events industry and profession.

Hence, option C is correct.

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Question 11 (Multiple Choice Worth 5 points) (03.05 MC) Christina received an offer for a grant to pay for her college tuition. If she accepts the grant, what does this mean? O She will have to pay back the money after graduation. O She will not have to pay back the money. O She will only have to pay back half of the money after graduation. She will have to pay back twice the amount of money after graduation.​

Answers

Christina received an offer for a grant to pay for her college tuition. If she accepts the grant She will not be required to repay the money.

What is a payment from a grant?

A payment called a grant is a type of financial aid that is given to a recipient by the government or another organization to help them pay for a project or program. Grants typically come in one lump sum, but they can also come in a series of smaller payments spread out over time.

Most of the time, grants are given out based on how well the applicant can show that their project or program is valuable to the public and will help the community in some way. Research grants, educational grants, community development grants, and business grants are all examples of grants. The recipient of a grant payment is not required to repay the grant money.

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Which of the following is a disadvantage of being a private limited company?
a. It has a separate legal Identity and therefore has continuity
b. Control is kept over who buys shares in the company
c. Shareholders' personal possessions cannot be taken to pay any debts
d. A summary of the business's accounts can be viewed by the public

Answers

The most likely answer here is B

a well in a water-table aquifer was pumped at a rate of 873 m^3/d. drawdown was measured in a fully penetrating observation well located 90 m away.

Answers

People who've penetrating eyes or a penetrating gaze/stare/look make you sense uncomfortable by way of looking at you in a way that makes you experience that they know what you're questioning. She transfixed me with a penetrating gaze.

A few common synonyms of penetrating are input, pierce, and probe. whilst these types of phrases suggest "to make manner into something," penetrate carries a robust implication of an impelling pressure or compelling strength that achieves entrance. the enemy penetrated the castle.

To pierce or skip into or via: The bullet penetrated the wall. The fog lighting fixtures penetrated the mist. to go into the interior of to penetrate a wooded area. to enter and diffuse itself through; permeate. to reach the reality or meaning of; apprehend; comprehend: to penetrate a thriller.

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What part of the money supply does the fed have direct control over?

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The Federal Reserve, often known as the Fed, has direct control over the monetary base of the money supply.

This implies that they have complete control over the number of physical dollars in circulation, with all other types of money in the economy, including bank deposits, being produced as a result of fractional reserve banking practices. The Fed controls the monetary base through its control over the money supply and its authority to buy and sell government securities in open-market operations. The monetary base is frequently referred to as M0, and it consists of all the physical currency and coins in circulation, as well as the money that the Federal Reserve keeps in reserve at its member banks. The Fed alters the monetary base through open-market operations, which involve purchasing or selling government securities on the open market to increase or decrease the supply of money in the economy, respectively.

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can someone please help me with this question?​

can someone please help me with this question?

Answers

Answer:

We can first assess the effects of each of the transactions on the balance cheat.

the a) transaction will reduce cash by $500, and reduce creditors by the same amount.

the b) transaction will increase cash by $300, and reduce debtors by the same amount.

the c) transaction will reduce cash by $1,000, and reduce the Loan from L. Stennett by the same amount.

Now we can list this effects.

Cash is reduced by $500 + $1,500 and increased by $300. The total net effect on cash is then a $1,200 decrease ($1,500 decrease + $300 increase).

All the other accounts have only one reduction, so we simply substract that figure from the balance sheet on the picture to obtain our new figures.

Now we can write the new balance sheet

Balance Sheet as at 10 April 2007

Assets

Buildings                $6,000

Motor Vehicle        $4,000

Stock of Goods      $2,000

Debtors                  $2,500 (-$300)

Cash at bank         $2,000 (-$1,200)

Total Assets           $16,500

Liabilities

Loan L. Stennet      $1,000 (-$1,000)

Creditors                 $1,100 (-$500)

Total Liabilities        $2,100

Capital                     $14,400

By the accounting equation, Capital + Liabilities = Assets, we see that it holds true: $14,400 + $2,100 = $16,500, so are figures are right.

According to the figure at right, an increase in aggregate demand between real Gross Domestic Product (GDP) levels Yo and Y O A would not increase output since the economy is already working at full O B. would most Skely result in some inflation. AS capacity. S O c. would have no effect on the price level hel。D. would cause price levels to fall. Po Yo Y Real GDP per Year

Answers

An increase in aggregate demand between real GDP levels Yo and YOA would most likely result in some inflation, as the economy is already operating at full capacity (OB).

This means that the resources and factors of production are already being fully utilized, and any increase in demand would lead to upward pressure on prices rather than an increase in output.

The figure represents the aggregate supply (AS) and aggregate demand (AD) curves. The point OB represents the economy's full capacity, where the aggregate supply curve intersects the aggregate demand curve. At this level, the economy is producing at its maximum potential output.

If there is an increase in aggregate demand between Yo and YOA, the economy would not be able to increase output beyond its full capacity (OB). Instead, it would experience inflationary pressures. As demand exceeds supply, businesses would raise prices to manage the increased demand, leading to an increase in the price level. Therefore, the most likely outcome in this scenario is that some inflation would occur.

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two benefits of good customer service

Answers

The buyer will want to come again. The buyer will tell others to buy from there because of the good customer service

what is cash case of pascal

Answers

Pascal case - - or Pascal case - - is a programming naming show where the main letter of each compound word in a variable is promoted. The utilization of distinct variable names is a product improvement best practice.

The case explanation should constantly have an end articulation related to it. The articulation utilized for a situation explanation should have a vital or listed type or be of a class type in which the class has a solitary transformation capability to a basic or counted type.

You can include quite a few case explanations inside a case. The case explanation is utilized to permit your program to perform various activities relying upon the worth of a variable.

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If net sales are $600,000 and gross profit is $412,800, what is the gross profit rate?.

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If net sales are $600,000 and gross profit is $412,800, the gross profit rate  is 68.8%.

Gross Profit: A company's gross profit is calculated by deducting its entire sales from its total cost of products sold. All products sold by the business are included in the overall sales. All of the variable costs related to sales are added together to form the overall cost of the products sold.

How can I determine my gross profit?

Cost of goods sold (COGS) is subtracted from total revenue to determine gross profit. Typically, only variable expenses are taken into account when determining gross profit from COGS. Variable expenses are those that are directly related to output (like material and shipping costs).

What is a gross profit, exactly?

Gross profit, often known as gross income, is calculated by deducting a company's cost of goods sold from its sales (COGS). It is frequently used to assess how effectively a business is controlling labor and resources throughout production.

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Identify one piece of music shared during this presentation that captured your attention.
Please describe what you liked about the music or what the speaker had to say about it.

Answers

Music has a powerful way to take attractions of people mostly during the event

Finanrial ctatomante for tha Canatran Manu ifarturino Cornnration for the years 2020 and 2019 are shown.
Calculate Genatron's dollar amount of net working capital in each year. eTextbook and Media

Answers

Therefore, the dollar amount of net working capital for 2020 is $175,000.

Net working capital for the year 2019:

Current assets = $400,000

Genatron Manufacturing Corporation's financial statements for the years 2020 and 2019 are given as follows:

20202019

Current assets$450,000$400,000Current liabilities$275,000$200,000Noncurrent assets$625,000$700,000

Noncurrent liabilities$450,000$525,000Net sales\($1,650,000$1,500,000\)Cost of goods sold$1,100,000$1,050,000

Gross profit\($550,000$450,000\)

Operating expenses$400,000$375,000O

perating income$150,000$75,000

Interest expense$75,000$60,000

Net income$50,000$15,000

Solution: Net working capital is the difference between current assets and current liabilities. It is one of the most important metrics to measure the liquidity position of a company. Net working capital for the year 2020:

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Why must a cash book always shows a debit balance ​

Answers

Because it helps the buyer or seller know how much they have

Answer: It should be noted that the total of the debit side of the cash book always exceeds the credit side. It is because business cannot pay more cash than what he has got. If the money is paid by borrowing from someone, it will first be recorded on the receipts side and only then it will be shown on the payment side. Hence, the cash book always shows a Debit balance or at the most nil balance but can never show a credit balance.

Explanation:

What is the total market supply, Qs, for car wax in the United States if the only three suppliers inverse supply functions are P=−2+2Qs1, P=4+Qs2 and P=−2+2Qs3​ ? [Hint: Horizontal Summation] A) P=−4+2Qs B) Qs=−2+2P C) Qs=5+3P D) Qs=−2+3P

Answers

The total market supply, Qs, for car wax in the United States is represented by the equation Qs = -2 + 2Qs1 + Qs2 + 2Qs3. This equation combines the inverse supply functions of the three suppliers. The correct answer is D) Qs = -2 + 3P.

To find the total market supply, we need to horizontally sum the individual supply functions.

The inverse supply functions given are:

P = -2 + 2Qs1

P = 4 + Qs2

P = -2 + 2Qs3

To horizontally sum the supply functions, we need to add up the quantities supplied at each price level.

Qs = Qs1 + Qs2 + Qs3

By substituting the given supply functions into the equation, we get:

Qs = (-2 + 2Qs1) + (4 + Qs2) + (-2 + 2Qs3)

Simplifying the equation, we have:

Qs = 0 + 4 - 2 + 2Qs1 + Qs2 + 2Qs3

Qs = 2 + 2Qs1 + Qs2 + 2Qs3

Therefore, the correct answer is D) Qs = -2 + 3P.

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What's the answer I need help ASAP!!

What's the answer I need help ASAP!!

Answers

Answer:

B

Explanation:

salvador supervises ten sales associates at a large retail store. what is salvador's management level?

Answers

Based on the information provided, Salvador's management level would be considered first-line or front-line management.

This level of management is responsible for supervising non-managerial employees who are involved in the day-to-day operations of the organization, such as the sales associates in this case.

First-line managers are typically responsible for tasks such as training, scheduling, and evaluating the performance of the employees they supervise. They are also responsible for ensuring that organizational policies and procedures are followed and for communicating with upper management about any issues or concerns that arise.

              Front-line managers are typically responsible for overseeing the daily operations of an organization, including the activities of front-line employees, who interact with customers directly and provide essential business services.

Overall, first-line managers play a critical role in ensuring that an organization runs smoothly and efficiently, and they are often the first point of contact for employees who need guidance or assistance.

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GIVING BRAINLIEST

1a. What is meant by design mix?
(2)
1b. Explain how function has been critical in the development of the CargoRunner.
(4)
1c. Assess how changing the design mix of the rucksack is reflected by social trends.
(10)
Total: 16 marks

GIVING BRAINLIEST1a. What is meant by design mix?(2)1b. Explain how function has been critical in the

Answers

No do it ur self and learn

April is worried that she is not a "good speller," so she plans to let the spelling
checker correct all her mistakes. What would be the most helpful advice for
April?

Answers

She can try reading stories, correct her mistakes on her own and then check to see how she has done, she can study Riggs too.

Most licensed architects are members of which association? A. ACSA B. AIA C. NAAB D. NCARB E. NVOB

Answers

Answer: It is B. AlA

Explanation:ALA is open to all architects and professions related to architecture. Our members hold individual memberships and specialize in all types of architecture.

A customer's confirmation of a municipal securities transaction must include A) the highest potential yield the customer may receive and the amount of markup or markdown in a principal transaction. B) the lowest potential yield the customer may receive and information regarding the catastrophic call provision. C) the highest potential yield the customer may receive and information regarding the catastrophic call provision. D) the lowest potential yield the customer may receive and whether the bond is taxable or subject to the alternative minimum tax.

Answers

Answer:

D) the lowest potential yield the customer may receive and whether the bond is taxable or subject to the alternative minimum tax.

Explanation:

All municipal securities are exempted from registration and filing requirements of the Securities and Exchange Commission (SEC).

However, a customer's confirmation of a municipal securities transaction must include the lowest potential yield the customer may receive and whether the bond is taxable or subject to the alternative minimum tax.

the intent of managed health care was to a. replace fee-for-service plans with affordable, quality care to health care consumers. b. dramatically improve the health care delivery system in the united states. c. have employees of a managed care organization provide patient care. d. retrospectively reimburse patients for health care services provided.

Answers

Replace fee-for-service arrangements with ones that offer patients cheap, high-quality care. Managed health care's goal was to. Enrollees.

How do you employ manage?

To be successful at managing something, especially something challenging He suppressed his disappointment and forced a feeble smile. We will manage it, albeit I'm not really sure how. manage (to do something) (to do something) We arrived at the airport with plenty of time.

to take care of and decide upon: directly. control a factory; 2 to produce and maintain under one's control she has good control of her skis.

Today I'll use another phrase that many of my students find confusing: "manage to."

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Trail Bike Corporation is a public company whose shares are traded in the public securities markets and does not qualify for an exemption from registration requirements. Under the Securities Act of 1933, Trail Bike is required to

Answers

Under the Securities Act of 1933, companies like Trail Bike are required to provide full and fair disclosure of their financial situation, operations, and management when offering securities to the public.

Trail Bike Corporation, a public company with shares traded in public securities markets, must adhere to the registration requirements outlined in the Securities Act of 1933, as it does not qualify for an exemption.


The prospectus is a document provided to potential investors, which contains detailed information about the company, its business, financial statements, risks, management, and the securities being offered. This allows investors to make informed decisions before investing in the company.

The additional information section includes various exhibits, such as contracts, legal documents and other relevant material. This section is not directly provided to potential investors, but it is available for public inspection through the SEC.

In summary, Trail Bike Corporation, as a public company without exemption, must adhere to the Securities Act of 1933 by filing a comprehensive registration statement with the SEC, providing potential investors with a prospectus containing crucial company information, and making additional information available for public inspection.

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A law-enforcement officer or government agent doesn't need a search warrant to search the premises of a munitions factory.

Answers

It is false that a law-enforcement officer or government agent doesn't need a search warrant to search the premises of a munitions factory.

Who is a law enforcement officer?

A law-enforcement officer  is an individual who have been endorsed by the government to ensure compliance of laws and regulation.

An  agent must obtain a search warrant before conducting a search of any premises. One of the  Amendment of the US Constitution protects citizens against unreasonable searches and seizures, and a warrantless search would be considered unconstitutional. In order to obtain a warrant, the officer must provide probable cause to a judge, who will then issue the warrant if the cause is deemed sufficient

Therefore, a  law-enforcement officer or government agent need a search warrant to search the premises of a munitions factory.

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When total cost is $10,000 and variable costs are $4,000 with an output level of 10 units, average fixed cost is $ and average variable cost is $

Answers

When the total cost is $10,000 and variable costs are $4,000 with an output level of 10 units, the average fixed cost is $600 and the average variable cost is $400.

To calculate the average fixed cost, we need to subtract the variable costs from the total cost and then divide it by the output level.

Average Fixed Cost = (Total Cost - Variable Costs) / Output Level

Given that the total cost is $10,000 and the variable costs are $4,000, we can calculate the average fixed cost as follows:

Average Fixed Cost = ($10,000 - $4,000) / 10 = $6,000 / 10 = $600

Therefore, the average fixed cost is $600.

To find the average variable cost, we divide the variable costs by the output level.

Average Variable Cost = Variable Costs / Output Level

In this case, the variable costs are $4,000, and the output level is 10 units.

Average Variable Cost = $4,000 / 10 = $400

Thus, the average variable cost is $400.

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Other Questions
Delco Accents is looking at a project that will require $140,000 in fixed assets and an initial investment in net working capital of $19,000. The project is expected to produce sales of $165,000 each year with associated operating costs of $99,000. The project has a 5-year life. At the end of 5 years, the fixed assets will have zero salvage value. The company uses straight-line depreciation to a zero book value over the life of the project. The tax rate is 21%. The discount rate is 13%. What is the Net Present Value of the project? does anyone no how to refill ink into the polar pen 2.0 WILL GIVE BRAINLIEST There are many different types of dolphins. Some are smaller than a child 1.(up, have, and) some are so big that people confuse them with whales. The most well-known 2.(type, noises, different) of dolphin is the common bottlenose dolphin. This friendly, grey sea creature is 3.(each, what, into) most people think of when they 4.(hear, wild, animals) the word dolphin. The reason dolphins are so amazing is because of their 5.(back, squeak, intelligence). Bottlenose dolphins are very smart compared 6.(hunt, to, many) other animals. They can learn and 7.(remember, groups, there) how to do difficult jobs. These dolphins have been trained to hunt for 8.(might, danger, often) underwater and even to help fishermen 9.(scare, will, catch) fish! Dolphins have even been known to help drowning people get back to 10.(near, good, safety). Bottlenose dolphins can make lots of 11.(them, different, with) noises. They can squeak, grunt, growl, and even whistle. Sometimes they make noise 12.(by, people, to) talk to other dolphins. Other times 13.(some, they, confuse) use noise to help them find 14.(all, you, their) way around under water. The dolphin makes a noise and then waits for 15.(around, an, fish) echo. Just by listening to the 16.(intelligence, echo, big), the dolphin can find food, recognize danger, or figure out what is ahead 17.(use, like, of) it. Bottlenose dolphins are social animals. 18.(More, Dolphins, They) live in groups called pods which 19.(recognize, under, can) have 15 or more dolphins. Dolphins work 20.(trained, together, sometimes) to hunt for food and protect each other from danger. Some pods of 21.(dolphins, some, ridges) have been spotted that have over 1000 22.(types, learn, dolphins) all living together. Dolphins eat fish, 23.(eels, jobs, make), and other sea creatures. The dolphins will work together to herd the fish 24.(into, noise, type) groups so they can easily be 25.(feel, reason, caught). Even though dolphins have ridges on 26.(called, their, most) mouth like teeth, they do not 27. (living, dolphin, chew) their food, instead they swallow it 28. (all, echo, mouth) up in one bite. For many 29.(people, one, the), the bottlenose dolphin is their favorite animal. Because they are intelligent and often 30.(instead, for, friendly), many people feel that dolphins are our good friends. However, dolphins are still 31.(wild, they, listening) animals and if you ever get 32.(times, help, near) one, do not do anything that 33.(might, amazing, friendly) scare it! Atiqah opens a bank account with RM 10 000 and lets it accumulated at an annual interest rate of 6% convertible semiannually. Chan also opens a bank account with RM 10 000 at the same time as Atiqah, but it grows at an annual nominal interest rate of 3% convertible monthly. For each account, interest is credited only at the end of each interest conversion period Calculate the number of months required for the amount in Atiqah's account to be at least double the amount in Chan's account. Question: Let say I have two products one that gains 25.4% apy and the other 30% APY. The 25.4% gains (all of it go into the 30%) What is my true apy? is it 55.4 apy? If I'm earning 25.4 % APY (in US dollar) and let say I gain 30pc APY on top of that 25.4%, does that mean I'm effectively earning 55.4pc APY? Define cost of capital and explain the key assumptions made relating to risk in isolate the basic structure of the cost of capital