According to Miller and Modigliani's irrelevance argument, a company's equity share price simply depends on its earning power and is unaffected by how earnings are distributed between dividends and retained earnings.
They noted that given the firm's investment strategy, the dividend policy had no impact on the market price of the share under ideal market conditions with rational investors and no tax differentiate between dividend income and capital appreciation.
According to MM Theory, the government's decision to freeze the dividend will have no effect on stock prices (Wealth of Shareholders). The loss of dividend income will be made up for by a gain in share value for the shareholders.
Since this activity is neither for nor against capital investment, it won't have any real-world effects. However, companies will raise less money from the market because some of the capital they'll need for additional investments will be in the form of retained earnings.
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all unit managers are required to rejustify their fiscal needs annually during the budget cycle and budget allocations are made accordingly. this describes what type of budgeting?
Each year throughout the budget cycle, all unit managers are obliged to reassess their financial needs, and budget allocations are then determined in accordance with those needs. This budgeting method is called zero-based budgeting.
With zero-based budgeting, you allocate all of your income to necessities and wants savings for the short- and long-term, and debt repayment. By the end of the month, you want your revenue less your expenses to equal zero.
As an accounting method, zero-based budgeting offers a number of advantages, such as targeted operations, budget flexibility, lower costs, and strategic execution. When managers take into account how every dollar is spent, they become more aware of the top revenue-generating procedures.
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these high school seniors each bought $1500 of stuff to bring to college with them in the fall. each one used a credit card with similar terms to make their purchases. who will pay the least interest for their purchases?
Option 2 is correct that is Jasmine, who previously saved $1500, pays off all the debt at once and will pay the minimum balance on her credit card.
What is a credit card?A credit card is a form of payment that is issued to consumers (card holders) allowing them to pay a merchant for goods and services based on the amount they recorded (eg, promise to the cardholder to pay them. a fee in addition to other approved fees). The card issuer (usually a bank or credit union) creates an account and provides the cardholder with a line of credit where they can borrow money to pay for purchases or get accept cash advance.
So, we know that the small amount of money we give to pay for the use of credit card and it will take longer to pay all the debts.
The more interest we have to pay on debt. According to him, Nelson who pays at least a month will pay the most interest. And Jasmine to pay all $1500 at once will pay the lowest amount of her debt.
Therefore, Jasmine, who previously received a $1500 bonus, pays all of the debt at once and will make the minimum payment on her credit card.
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Complete Question:
These high school seniors each bought $1500 of stuff to bring to college with them in the fall. Each one used a credit card with similar terms to make their purchases. Who will pay the LEAST interest for their purchases?
1. Stephan, who pays the first $1000 using graduation money and then pays $250 per month until the debt is $0.
2. Jasmine, who had saved the $1500 previously and pays off the whole balance once her bill comes.
3. Nelson, who makes the minimum monthly payment each month until the debt is $0.
4. Robert, who makes $300 payments per month until the debt is $0.
opportunity costs arise due to resource scarcity. lack of alternatives. limited wants. abundance of resources.
Opportunity costs arise due to resource scarcity.
“Opportunity cost is the cost of the following-satisfactory opportunity while a choice is made; it's what's given up,” explains Andrea Caceres-Santamaria, senior monetary education specialist on the St. Louis Fed, in a current web page One Economics: cash and ignored possibilities.
In microeconomic idea, the possibility price of a selected pastime is the cost or gain given up by means of conducting that hobby, relative to conducting an opportunity activity. greater genuinely, it means in case you chose one interest you are giving up the opportunity to do a distinct alternative.
Opportunity cost refers to what you have to give up to buy what you want in phrases of different goods or services. while economists use the word “value,” we usually suggest opportunity cost. The word “cost” is usually used in day by day speech or within the information.
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what did the poll tax, the literacy test and the ku klux klan each attempt to limit?
Answer:
They were attempting to limit the effectiveness of the 14th and 15th amendments.
Explanation:
The poll tax, the literacy test and the ku klux klan each attempted to limit the 14th and 15th amendments.
The average arrival rate of the customer in a service supply chain does not influence the management of the actual waiting time or the perceived waiting time by the service company.a. True b. False
The average customer arrival rate in a supply chain has no bearing on the management of the real waiting time or the perceived waiting time by the service firm is False.
What is supply chain?A supply chain is a network of individuals and organisations in charge of creating a product and distributing it to customers. The chain's first link are the producers of raw materials, and its last link is the machine that transports the finished good to the buyer.
An effective supply network can reduce costs and boost production, which serves as an example of the importance of supply chain management. Businesses upgrade their supply networks to cut costs and stay competitive.
Therefore, the statement is False.
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a married individual received the following in the current year: workers' compensation award $ 25,000 w-2 wage income $ 20,000 unemployment compensation $ 4,800 damages awarded for medical expenses related to emotional distress as a result of workplace bodily injury $ 10,000 what is the taxpayer's current year gross income?
$24,800 is the taxpayer's current year gross income at compensation award of $25,000 and Unemployment compensation of $4,800.
given data:
workers' compensation = $25,000
w-2 wage income = $20,000
unemployment compensation = $4,800
current year gross = w-2 wage income + unemployment compensation
= $20,000 + $4,800
= $24,800
Both worker's compensation payouts and damages for physical injuries are exempt from taxation. In addition to not being taxable, emotional suffering brought on by a physical injury is seen as being similar to a physical injury. Pierce would count the $4,800 in fully taxed unemployment benefits and the $20,000 in W-2 income as part of his gross income.
An individual's gross income, commonly referred to as gross pay on a paycheck, is their total income before any taxes or other deductions. This covers all kinds of revenue, not just employment-related income, and does not just refer to money-related income; it also covers other types of income, such as property or services. Gross income and gross margin or gross profit are synonymous terms in business. The revenue from all sources less the company's cost of products sold is what is shown as a company's gross income on the income statement (COGS).
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inventory fraud often involves overstating inventory and/or understating cost of goods sold. the result is a decrease in the:
Inventory fraud often involves overstating inventory and/or understating cost of goods sold. The result is a decrease in the: inventory turnover ratio.
By multiplying the inventory days ratio by 365 and inverting the ratio, you may find the inventory turnover ratio. Inventory turnover ratio in this case is 1 / (73/365), which equals 5. This implies that the business may sell and replenish its inventory five times each year. Financial modeling classes at CFI,
Total turnover, voluntary turnover, and involuntary turnover may all be calculated. Example: Say you have 100 workers at the beginning of the year.
How do you calculate stock turnover ratio?
Inventory Turnover Ratio = Cost of goods sold / Average inventory.
Opening stock+ Closing stock / 2.
Inventory Turnover Ratio = Cost of goods sold / Average Inventory.
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Which one of the following is the basic objective of monetary policy?
a. to control deficit of the budget
b. to control deficit in the balance of payment
c. to control cost and availability of money
d. to control public expenditure
Answer: C
Explanation:
The basic objective of monetary policy is to control the cost and availability of money in an economy.
This is typically done by the central bank of a country, which uses a variety of tools and instruments to manage the supply of money and the level of interest rates in the economy.
The main goal of monetary policy is to promote economic growth and stability, and to help achieve this goal, central banks may use monetary policy to influence the rate of inflation, the level of employment, and other economic indicators.
Monetary policy is not used to control the deficit of the budget or the balance of payment, or to control public expenditure.
To increase the money supply using the reserve requirements, what would the Fed typically do?
A) increase the reserve requirement for banks
B) reduce the reserve requirement for banks
C) make each bank set its own reserve levels
D) let each bank get more currency from the
Treasury
The correct answer is A) increase the reserve requirement for banks To increase the money supply using the reserve requirements.
One method the Fed may impact the money supply is through reserve requirements, which mainly refer to the amount of cash banks must maintain against deposits in bank accounts. When reserve requirements are lowered, banks are able to lend more money, increasing the quantity of money that is available for usage across the economy. The Federal Reserve's contractionary monetary policy is shown by a higher reserve requirement. If banks have higher reserve requirements, there would be less money available to lend to people and businesses. The money supply is increased beyond the realm of open market transactions when a bank advances another loan and the borrower gets a bank deposit in return. This double expansion of the money supply is known as the multiplier effect.
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as compensation for contributions in the design phase, the architect is often given a percentage of the construction cost. for simple garden apartment designs, the average compensation will be:
3.1 What are the most typical ways that developers are paid? a cost of progress. profits made from the project's sale to consumers.
greater ownership stake than the developer's share of the project's equity capitalization. They also pay for the work involved in building. Around 75% to 85% of the price of your project will probably be made up of hard costs.
An HVAC system must be designed by a building systems engineer to suit tenant demands while taking into account local climate, governmental restrictions, initial financial constraints, and ongoing energy and maintenance expenses. Creating power distribution systems for buildings is the responsibility of the electrical engineer. Commission is the amount of pay given to an employee as a direct result of all service revenue brought in by the salon.
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under the sherman act competitors are permitted to agree not to deal with certain buyers. group of answer choices false true
Boycotts among rivals are per se violations of the Sherman Act. so, statement is true that Under Sherman Act opponents are now not allowed to agree not to deal with positive buyers.
Mergers amongst Competitors: Clayton Act prohibits mergers that will lessen competition or create a monopoly.
What is prohibited with the aid of the Sherman Act?It prohibits all agreements and conspiracies in restraint of change and commerce. These prohibited restraints include price fixing, market allocation, boycotts, bid rigging and tying agreements. The Sherman Act additionally prohibits monopolizing or attempts to monopolize any line of commerce.
Any mixture "in the shape of have confidence or in any other case that was once in restraint of exchange or commerce among the various states, or with foreign nations" was declared unlawful
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https://brainly.com/question/2125202#SPJ4What do most companies do when they look to provide an offering to global markets.
When businesses are just starting to distribute internationally, indirect exporting is often chosen.
Since agents are aware of what it takes to succeed in the markets in which they operate, indirect exporting often yields a return on investment (ROI) despite the fact that businesses pay agents for their services.
When embarking on global marketing, what factors should a business take into consideration?
An evaluation of a company's resources and capabilities should be carried out prior to deciding to expand internationally. The organization ought to enjoy clear serious benefits with regards to advertise information, innovation, arrangement of items, dependable accomplices and other pertinent boundaries.
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list the five foundations in order. how can they help you make wise choices with your money?
Here are the five foundations that will be helpful in making wise choices with money, debt, saving, budgeting, taxes, and career.
The fundamental set of behaviours and actions that establish the long-term financial security and stability required to plan, construct, and lead the life desired is one's financial foundation.
The emphasis on real-world applications while teaching financial concepts in Foundations in Personal Finance for Homeschool will alter students' lives for the better.
They will discover how to graduate from college debt-free, give generously and meaningfully, and more. Money has an influence.
They will also learn how to pay cash for their first car. The following five principles will aid in helping in making informed decisions regarding the finances, debt, savings, budget, taxes, and career.
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If M= 2,000, P= 2.25, and Y= 6,000, what is velocity? a. 6.75. b. 3.00. c. 1.33. d. 1.50.
If M= 2,000, P= 2.25, and Y= 6,000 then the velocity will be 6.75.
The directional speed of a moving element, measured in a specific unit of time and observed from a certain reference point, is called velocity. In kinematics, the field of classical mechanics concerned with the motion of objects, speed is a fundamental idea.
A physical vector quantity called velocity must have both magnitude and direction defined. Velocity is the scalar absolute value (magnitude) of the velocity; it is a consistently derived unit whose quantity is measured in meters per second (m/s or m/s1) in SI (metric system).
Hence the correct option is A
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isabis exchanges a rental building, which has an adjusted basis of $520,000, for investment land which has a fair market value of $700,000. in addition, isabis receives $100,000 in cash. what is the recognized gain or loss and the basis of the investment land?
The correct answer is $280,000. In a taxation context, a financial gain arises following the disposal of property to a 3rd party and should be rumored in tax filings. Financial gain is understood because more than the return of disposition over the tax basis of the property sold.
Market value = $700,000
Cash received = $100,000
Adjusted basis = $520,000
The financial gain would be:
= truthful worth of received property - the basis of sold property
= 700,000+100,000 - 520,000
= $280,000
Like-kind exchanges solely apply to business and investment belongings. A like-kind exchange may be a tax-deferred dealing allowing the disposal of a plus and, therefore, the acquisition of another similar plus.
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during a budget meeting, eva concludes her part of the talk and points to her presentation partner. what does this gesture most likely mean in context?
The correct answer is Eva is indicating that it is his turn to speak.
What takes place at a budget meeting?Bring past data in the form of ledgers, balance sheets, bank statements, invoices, and other financial records. To construct an accurate record of income and expenses, take into account the appraisal of bad debts, penalties, and fines paid. The main rule of budgeting is that you should spend no more than 50% of your after-tax income on necessities and commitments that you cannot live without. The remainder should be divided into 30% for anything else you might want, 20% for savings, and 10% each for debt reduction and saves. Companies often utilize one of four types of budgets: incremental, activity-based, value proposition-based, or zero-based. Each of these four budgeting strategies has benefits and drawbacks of its own.
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the bureau of labor statistics divides the adult population into three categories: employed, unemployed, and not in the labor force. true false
The statement is True, the bureau of labor statistics divides the adult population into three categories: employed, unemployed, and not in the labor force.
Employment is a partnership between two people that governs the delivery of compensated labor services. One party, the employed person, who may be a company, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in accordance with the terms of a contract in exchange for doing the job that has been allocated to them. Employees perform work in exchange for pay, which may be made up of an hourly rate, piecework payments, or an annual salary, depending on the nature of the work performed, the industry conditions in effect, and the bargaining power of the parties. In some industries, employees could get stock options, bonuses, or gratuities. An independent contractor must agree with the customer on what the finished work product will be before controlling the means and method of reaching the intended result. This distinction distinguishes independent contractors from employees. Second, an independent contractor provides services to the whole public, not only to one corporation, and is in charge of handling client payments, covering out-of-pocket costs, and supplying the necessary equipment to finish the task.
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barry needs financing to start his inner-city venture. his goal is to provide part-time employment for at-risk youths to keep them off the streets and engaged in learning marketable skills. barry may find some assistance from:
Barry may find some assistance from community based financial institutions for his city venture.
Whenever someone tries to do something for the betterment of the society he is always supported by the social groups that are always present for the betterment of the society. They provide funds and financial support to people that work on the community guidelines for the betterment of the society. These institutions are called community based financial institutions. Barry who is trying to open a city venture having an aim to provide employment to the youths who are finding it hard to get some job. This is a good cause and these institutions will definitely help him by providing financial support.
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Lat year, Soren' return wa completed in BlockWork Online. How do you tart Soren' current-year return in BlockWork Online? (Select all that apply. )
An annual rate of return is the profit or loss on a one-year investment. There are numerous methods for calculating the annual rate of return. If the rate of return is calculated monthly.
Multiply it by 12 to get the annual rate of return. Block Management, a collaborative programme between private landowners and the FWP, assists landowners in managing calculating activities and provides free hunting access to private land, as well as adjacent or isolated public lands. The participation of landowners in block management is entirely voluntary. The annualised return differs from the average and reflects the true gain or loss on an investment, as well as the difficulty in recouping losses.
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castaneda accounting has sales of $332,700, cost of goods sold of $221,800, inventory $13,700, accounts receivable of $22,400, and accounts payable of $11,900. how many days of sales are in receivables?
Castaneda Accounting has $332,700 in sales, $221,800 in cost of goods sold, $13,700 in inventory, $22,400 in accounts receivable, and $11,900 in accounts payable. Sales receivables have 24.57 days of sales remaining.
Days sales in accounts receivable might reveal a company's ability to successfully recover payments from clients. A company can shift such revenue to other activities as soon as its receivables are collected.
Days in receivables in computed using the below formula:
Days in receivables = Average receivables * 365 / Credit sales
= $22,400 * 365 / $332,700
= $8,176,000 / $332,700
= 24.5747 days
= 24.57 days.
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Which best describes the difference between a desktop publishing program and a word processing program?.
While a word processing tool generally focuses on text, a desktop publishing program gives users control over images.
In today's generation, word processing software has grown to be a crucial type of computer software programme or electronic gadget. Computers that are used for all purposes are running this software. Thus, word processing software is a type of processor that offers certain more functions along with the fundamental editing, input, formatting, and output of the text.
A sort of frame-based programme called desktop publishing software assists in document creation by using page layout tools on a personal computer. They are employed in the production of publications such as brochures and newsletters. The two primary categories of DTP are graphic-based and layout-based.
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When you are creating a budget, should you use your gross pay or net pay? explain your reasoning.
Use your net salary rather than your gross pay, which is the sum you are paid after all applicable deductions. Utilize only trustworthy and consistent income. Rent, mortgage payments, and auto payments are examples of fixed expenses that frequently have contracts and are consistent from month to month.
You should decide whether to use your gross or net income when creating a budget before you start. Depending on the budgeting tool you choose, this will change. Some people may advise you to start by listing your gross income, followed by line items for taxes and deductions as costs. Others might request that you begin with your net salary. To avoid duplicate counting a cost in your budget (such health insurance payments that may have already been taken out of your pay), start with your net pay.
When creating a general monthly budget, choosing which revenue figure to use is a pretty small detail because your budget tool will provide guidance, or if you choose to budget manually, you can decide which method is best for you.
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what must managers be able to do if they want employees to understand the business’s goals and be productive?
Managers must have conceptual skills if they want employees to understand the business’s goals and be productive.
Who requires conceptual skills?Your ability to conceptualize allows you to foresee issues, provide suggestions for solutions, and understand the strategic big picture that directs a company's day-to-day operations. Though they are helpful in any profession, conceptual abilities are especially important for individuals in managerial roles.
What are the conceptual skills of the manager?Conceptual management skills call for the ability to act quickly when necessary. Some types of problem-solving skills include problem-solving, critical reasoning, logical arguments, multitasking, and troubleshooting. They are necessary for leadership roles, especially in middle- and upper-management positions.
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assume that larry's marginal tax rate is 24 percent. if corporate bonds pay 10 percent interest, what interest rate would a municipal bond have to offer for larry to be indifferent between the two bonds?
larry's marginal tax rate is 24 percent. if corporate bonds pay 10 percent interest.than
interest rate=7.60 percent. ((10 x (1-0.24) = 7.60%))
The marginal tax rate is calculated in what way?The marginal tax rate is the amount of additional tax paid for every additional dollar received in income. Divided by total income earned, the average tax rate is calculated. Every additional dollar earned would be subject to a tax of 10 cents at a marginal tax rate of 10 percent. You must calculate the additional tax on the new income in order to get the marginal tax rate on the investment. $500 will be subject to a 15% tax rate and a 25% tax rate in this scenario. This results in a tax of $200, which, when applied to income of $1,000, results in a marginal tax rate from that investment of $200 divided by $1,000, or 20%.
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do you expect to claim deductions other than the standard deduction and want to reduce your withholding?
The amount you really spent on some deductible items, including medical costs, state and local taxes, mortgage interest, and charity deductions, is what is known as an itemized deduction. If you want to itemize, you must include Schedule A with your tax return and identify all of these costs on it.
The standard deduction, which is a set dollar amount, lowers the amount of income that is liable to taxation. The total of the basic standard deduction plus any extra standard deductions for old age or blindness is your standard deduction.
Compare the sum of your itemized deductions to the standard deduction that applies to your filing status. Add up all of your deductions. Itemizing makes sense for you if your total deductions exceed the standard deduction.
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during new employee orientation, elise, the assistant director of human resources, oversees diversity and sexual harassment training. this orientation is taking place at what level?
Simulations are more suited for training new skills. They permit continuous use and rapid, contextual input.
They replicate the outcomes of the activity in the real world rather than rating the applied behaviour as correct or improper. Simulators offer a consistent message about what has to be learnt, allow learners to proceed at their own pace, and, in comparison to in-person education, can encompass additional scenarios or issues that a learner may run into.
contextual input. virtual simulation, which includes actual individuals using simulated systems, recreates reality as it appears on a computer screen. By putting people at the centre of a simulation, it allows them to practise their decision-making, motor control, and communication abilities [11]. Computer software that mimics human interaction is known as a chatbot.
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Under what condition do you think extravert make more effective leader than introvert? What unique abilitie of introvert could make them more effective in ome ituation?
When it comes to interacting with peers and big groups of people, extroverts can be more effective leaders. Extraversion frequently manifests as talkativeness, friendliness, and excitement. These traits facilitate effective group interaction, communication, problem-solving, and critical thinking.
Introverts can become more effective in a one on one situation because listening is among the unique skills that tend to come naturally for introverts. They listen to what is explicitly stated and often pick up on implications, thoughts, and feelings that are not said.
Introverts allow others to speak while yet speaking up when necessary. Others instantly feel at home with them since they always endeavor to make others around them happy. Due to their delicate nature, they may also be patient with others, even when they are stepping on their toes.
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which of the following are characteristics of a perfectly competitive industry? new firms can enter the industry easily. there is no product differentiation. the industry's demand curve is perfectly elastic. the supply curve of an individual firm in the industry is perfectly elastic.
New firms can enter the industry easily, there is no product differentiation, and the demand curve of and individual firm in the industry is perfectly elastic. are the characteristics of a perfectly competitive industry.
In the subject of general equilibrium theory, a perfect market, often referred to as an atomistic business, is defined by a set of idealising conditions called perfect competition, or atomistic competition. Consider for a moment that starting your own business is your ultimate ambition. Knowing that starting your own business may be difficult and require a lot of labour and hassle, you choose to hunt for items that are nearly likely to sell. You are attempting to lessen the possibility of your business failing by doing this. Before deciding to promote and sell a completely competitive product, you perform in-depth research.
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FILL IN THE BLANK. when a nation imports a good, its ________ surplus decreases and its ________ surplus increases.
When a nation imports a good, its producer surplus decreases and its consumer surplus increases.
In economics, the consumer surplus is the difference between the price a consumer pays for a good and the amount he would be prepared to pay rather than go without it. It is also referred to as societal surplus and the consumer's surplus. The following is the simplest formula for figuring out the consumer surplus:
Maximum Price - Market Price = Consumer Surplus.
Quantity at Equilibrium = (1/2) Consumer Surplus (Maximum Price – Equilibrium Price). The difference between the price the producer is willing to sell his goods for and the price he actually receives from the sale is known as the producer surplus. By deducting total marginal costs from total revenue, producer surplus is calculated.
Total Revenue - Total Marginal Costs = Producer Surplus.
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g calculate an estimate of the price change for a 3 year bond with a modified duration of 1.357 years, assuming the bond's yield to maturity goes from 8 percent to 7.5 percent. (b) if the bond's yield to maturity does go from 8 percent to 7.5 percent and the bond's price is $952.86, what will be the bond price after the decline?
As per the given percentage of yield of maturity, the bond price after the decline is $953.35
The formula to calculate the yield of maturity is written as,
YTM = [tex]\sqrt[n]{\frac{Face vaule}{future value} } -1[/tex]
Here we have given that if the bond's yield to maturity does go from 8 percent to 7.5 percent and the bond's price is $952.86, then what will be the bond price after the decline.
As per the given question, we have identified the value of
Future value = $952.86
Initial percent = 8%
Final percent = 7.5%
Number of years = 1.357
Then the bond price is calculated by using the yield to maturity formula is written as,
=> 7.5% = [tex]\sqrt[1.357]{\frac{x}{952.86}}-1[/tex]
=> 0.075¹°³⁵⁷ = x/952.86 - 1
=> 0.0297 + 1 = x/925.86
=> 1.0297 x 925.86 = x
=> 953.35
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