The winner's curse is worse when there are fewer bidders. This is the correct option among the given alternatives. Auctions can be exciting and thrilling.
Nonetheless, when the auction involves scarce items, such as shares in an initial public offering, the adrenaline can quickly become a source of anxiety. The winner's curse is a theory that explains why that might be the case. When the winning bid exceeds the item's actual worth, the winner may feel that they've overpaid for the item, hence the curse. The winner's curse is said to have occurred if the winner overestimates the item's true worth, leading to a higher-than-necessary winning bid.
In auctions with fewer bidders, each participant may have a more precise estimate of the object's real value, which might raise the risk of the winner's curse. The winner's curse may not be as severe in auctions with a large number of bidders since the winner is less likely to overestimate the object's value. Hence, the winner's curse is worse when there are fewer bidders.
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Suppose the value of all the stocks in a fund's portfolio is currently $500,000. The fund has $450,000 in liabilities and has sold 2,500 shares of its fund to investors. Find the NAV.
Answer:
Well your currency will come up due to the investors only if it is a great good market platform The liabilities you must take time to pay them back it might cause interest and money building vlaues or taxes or possibly jail time
Explanation: I really hope i helped
If he fund has $450,000 in liabilities and has sold 2,500 shares of its fund to investors. The NAV is $20.
Net asset valueUsing this formula
NAV = (Assets - Liabilities) / Total number of outstanding shares
Let plug in the formula
NAV=($500,000-$450,000)/2500 shares
NAV=$50,000/2500 shares
NAV=$20
Therefore the net asset value is $20.
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Why is it important for a human resource manager to carefully maintain
employee records?
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
Before expiration, the time value of an in-the-money put option is always:_______
a. equal to the stock price minus the exercise price.
b. positive.
c. negative.
d. equal to zero.
Before expiration, the time value of an in-the-money put option is always positive., Therefore, the correct option is C
Time Value of Money
The idea of the time value of money (TVM) holds that a quantity of money is worth more now than it will be at a later time because of its potential for earnings in the interim. A foundational idea in finance is the time value of money. A sum of money in your possession is worth more than a similar sum that will be paid in the future. The present discounted value is another name for the time value of money. A sum of money, once invested, rises with time, therefore investors prefer to receive money today rather than the same amount of money in the future. For instance, interest is paid on funds deposited into savings accounts.
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A company has net income of $870,000; its weighted-average common shares outstanding are 174,000. Its dividend per share is $1.25, its market price per share is $104, and its book value per share is $100.00. Its price-earnings ratio equals
Answer:
Price earnings ratio is $20.8
Explanation:
Income available to common shareholders ;
= Net income - Preference dividend
= $870,000 - $0
= $870,000
Weighted average number of shares = 174,000 shares
Earnings per share (EPS) = Income due to common share holders ÷ Weighted average number of shares
= $870,000 ÷ 174,000
= $5 per share
Since Market price per share (MPS) = $104, therefore;
Price - Earnings Ratio = MPS ÷ EPS
= $104 ÷ $5
= $20.8
Question 13 Which of the following scenarios depicts intellectual stimulation? O Jane knows her team well, and assigns work based on their different skills and experience levels O Jane's team knows sh
Intellectual stimulation is described as the practice of encouraging creative thinking and creative problem-solving abilities among the members of a team by challenging and stretching them beyond their current skill level.
Jane's team receives assignments that demand them to learn new skills, technologies and explore fresh ideas and opportunities. A scenario in which employees are encouraged to develop their creativity, critical thinking, and problem-solving abilities is called intellectual stimulation. Intellectual stimulation is frequently used in the business setting to motivate and engage personnel, as well as to encourage a culture of innovation.
By doing so, the team members are empowered and stimulated, allowing them to develop their critical thinking, creativity, and problem-solving skills, which can help them in future job endeavors. In conclusion, intellectual stimulation is necessary to encourage employees to work hard and continuously improve their abilities while also being creative and innovative.
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explain in simple terms the notion of equivalent units of production (eup). why is it necessary to use eup in process costing?
The amount of production work completed on partially finished units at the conclusion of the period is measured using equivalent units of production (EUP). To express the overall number of completed units, this measurement is made.
Why is using EUP in process costing required?Equivalent units of production reflect both incomplete and finished work in terms of completed work, which aids in calculating the total amount of work completed.
A manufacturer's work on output units that are only partially finished at the conclusion of an accounting period is expressed as an equivalent unit of production. In essence, completely completed units are used to indicate both fully completed units and partially completed units.
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If I were journalizing a prepaid expense, prepaid rent to be specific, what journal would I journalize the transaction in?
I know I have to debit prepaid rent and credit cash in bank, I just don't know which journals to use.
The journal entry for prepaid rent would be a debit to Prepaid Rent and a credit to Cash or Bank Account.
If you are journalizing a prepaid expense for prepaid rent, the journal entry would be
Debit - Prepaid Rent
Credit - Cash or Bank Account
The debit to Prepaid Rent account will increase the balance of the prepaid rent asset account, which represents the portion of rent that has been paid in advance but has not yet been used or consumed. The credit to Cash or Bank Account will decrease the balance of the cash or bank account, reflecting the payment made for the prepaid rent.
The journal entry records the payment of rent in advance as a prepaid expense, which will be recognized as an expense over the period for which the rent has been paid. As time passes, a portion of the prepaid rent will be recognized as an expense in the income statement, and the balance in the prepaid rent account will be reduced accordingly.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
what makes recession and recover different?
The thing that makes recession and recover different is that Economic recovery serves as the business cycle stage which do follow recession .
What is recession and recovery?Recession and recovery can be described as the economuic terms that is been used by the ecconomist whereby the recession can be seen as the period of economic meltdown where there is usually a high inflation of goods as well as services.
It should be noted that the recovery period do follow the reccession which can be described as the sustained period of improving business activity that can happen in a country.
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Written evidence of the ownership of a piece of property
a
b
Non-verbal contract
Loan Sharking
Deed
c
d
Sublet
Answer:
Deed
Explanation:
A deed, when duly signed, is a written legal document that confers some property rights to the holder. A signed deed facilitates the transfer of property ownership to the new owner. The deed is written evidence that the signed holder has an interest or right to the property stated in the deed document.
The deed has to be entered into the public records; otherwise, ownership of the property will be vulnerable.
60 points please help
1. What are two environmental hazards created by transportation? How are these hazards produced?
2. Imagine that you are a hospitality manager and you want to warn your guests about possible risks in the nearby park. What are two pieces of advice that you would give them to help them stay healthy while enjoying the park?
3. Some workers in transportation and logistics may work in factories or in transporting goods from factories. What are three common factory hazards? Describe each.
4. What are three hazards that might be found in restaurants? Why are these hazards found in restaurants?
5. Workers in hospitality and transportation careers often have to follow strict rules about environmental hazards. Why is this important?
Hospitality Manager <- your second lab link
1. Why is hospitality important in business?
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
4. What do you think you'd like best about working as a hospitality manager?
Answer:
The environmental impact of transport is significant because transport is a major user of energy, and burns most of the world's petroleum. This creates air pollution, including nitrous oxides and particulates, and is a significant contributor to global warming through emission of carbon dioxide.
E6-11 Reporting Net Sales after Sales Discounts [LO 6-4] T
he following transactions were selected from the records of Evergreen Company:
July 12 Sold merchandise to Wally Butler, who paid the $860 purchase with cash. The goods cost Evergreen Company $530. 1
7 Sold merchandise to Claudio's Chair Company at a selling price of $4,860 on terms 3/10, n/30. The goods cost Evergreen Company $3,430.
18 Sold merchandise to Otto's Ottomans at a selling price of $2,930 on terms 3/10, n/30. The goods cost Evergreen Company $1,830. 23 Received cash from Claudio's Chair Company for the amount due from Jul-17.
31 Received cash from Otto's Ottomans for the amount due from July Jul-18.
Required:
Compute the amount of revenue to be reported for the month ended July 31. (Round your answer to 2 decimal places.)
To compute the amount of revenue to be reported for the month ended July 31, we need to calculate the net sales. Net sales are calculated by subtracting sales discounts from gross sales.
Let's break down the transactions:
Transaction 1: Sold merchandise to Wally Butler for $860 in cash. Since there is no mention of any sales discount, the full selling price of $860 will be included in the net sales.
Transaction 2: Sold merchandise to Claudio's Chair Company for $4,860 on terms 3/10, n/30. This means that if the payment is made within 10 days, a 3% sales discount can be availed. The net amount will be $4,860 - (3% of $4,860) = $4,721.80.
Transaction 3: Sold merchandise to Otto's Ottomans for $2,930 on terms 3/10, n/30. Similar to the previous transaction, a 3% sales discount can be availed if the payment is made within 10 days. The net amount will be $2,930 - (3% of $2,930) = $2,842.10.
Now, let's calculate the total net sales:
$860 (Transaction 1) + $4,721.80 (Transaction 2) + $2,842.10 (Transaction 3) = $8,423.90
Therefore, the amount of revenue to be reported for the month ended July 31 is $8,423.90.
The net sales for the month of July amount to $8,423.90.
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A 3rd degree burn has burnt only part of the epidermis. the epidermis only. the epidermis and dermis. the epidermis and part of the dermis.
A 3rd degree burn has burnt the epidermis and part of the dermis. Option 3 is the correct answer.
A 3rd degree burn is a severe burn that extends through the entire thickness of the skin. In a 3rd degree burn, the epidermis, which is the outermost layer of the skin, and part of the dermis, which is the layer beneath the epidermis, are affected. This type of burn destroys the full thickness of the epidermis and can extend into the deeper layers of the dermis.
The epidermis serves as a protective barrier for the body, preventing the entry of harmful substances and pathogens. It also helps regulate body temperature and plays a role in the production of vitamin D. The dermis provides structural support, contains blood vessels, nerve endings, sweat glands, and hair follicles.
Due to the severity of the injury, 3rd degree burns often require medical intervention and specialized treatment. They can result in extensive tissue damage, loss of sensation, and impaired healing. Treatment may involve surgical interventions, such as skin grafting, to promote healing and minimize the risk of infection. Rehabilitation and long-term care are often necessary to manage the physical and psychological effects of a 3rd degree burn.
Hence, option 3 is the right choice.
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How do style guides differ from one another? Select all that apply. Some have rules for documenting sources; some do not. They address the needs of different academic disciplines. They include different guidelines. There are no differences between style guides.
Answer:
Option B. They address the needs of different academic disciplines
Option C. They include different guidelines.
Explanation:
Option A is incorrect because all of the writing style guides have rules for documenting sources, for example, the Harvard style says the name of the article or book must in italic format.
Different Writing Style Guides are used for different disciplines. For example, AP Style is used for stuff associated with Journalism based writings, APA is used for social sciences, MLA Style is used for literature, etc. So every writing style guide deals with a separate academic disciplines. Hence the option B is correct here.
Option C is correct because all of these writing style have different guidelines.
Option D is incorrect because there is a difference between style guides otherwise we don't have bunch of writing styles.
Answer: b & c
Explanation:
got a 100%
10)
How might a mission statement help Donna with her new
business?
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 9,188. The FICA tax for social security is 6.2% of the first $118,500 of employee earnings each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,524.57. Her net pay for the month is:______ (Round your intermediate calculations to two decimal places.)
Answer:
$6,960.54
Explanation:
Gross payment = $9,188
Social security tax = 6.2% × $9,188 = $569.66
Medicare tax = 1.45% × $9,188 = $133.23
Federal income tax = $1,524.57
So, Net Pay = Gross Payment - Federal Income Tax- Social security Tax -Medicare Tax
By putting the value, we get
= $9,188 - $1,524.57 - $569.66 - $133.23
= $6,960.54
How does a command economy differ from a mixed market economy?
A. In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
B. In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
C. In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property.
D. In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property
Answer:
A mixed economy is partly run by the government and partly as a free market economy, which is an economic system that includes no government intervention and is mainly driven by the law of supply and demand . A command economy is an economic system where the government has control over the production and pricing of goods and services.
Explanation:
what’s one category you wish fewer taxes were spent on? why?
I wish less tax money went toward healthcare. While everyone's health is important, I believe there are other social issues that are more pressing and need attention, such as the federal debt or veterans' benefits.
What exactly is a tax?We engage in financial transactions every day, and taxes play a significant role in those transactions. A portion of the money we spend goes into maintaining the area in which we live, whether it is on groceries, a home, or gas.
Taxes are sums of money that an individual or organization must pay to tax bodies to support public spending. Without expecting anything in particular in return, taxpayers pay taxes in accordance with national tax regulations. Taxes are used by governments to fund internal operations, new infrastructure, public health, education, and security.
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A hot dog manufacturer wishes to minimize the cost in dollars of producing a low-cost niched product while meeting the dietary guidelines for protein and sodium. once the model has been run, the surplus variable in the sodium constraint has a value of 1300 milligrams. the best interpretation of this outcome is:
Answer:
The minimum cost hot dog has 1300 milligrams more sodium than required.
Explanation:
Since in the question it is mentioned that the manufactured of a hot dog wants to minimize the cost in terms of dollars for generating the less cost at the same time the guidelines for the dietary would be meet
Also the surplus variable, the amount would be 1,300 milligrams
So here we interpret is the cost i.e. minimum is needed more sodium and hence the same is to be considered
PLZ HELP ON TIMER CARRERS!!!!! 15 POINTS
The advantages of being an entrepreneur are _____.
a.
excitement, independence, and financial risk
b.
flexibility, independence, and salary potential
c.
short working hours, independence, and financial risk
d.
administration, short working hours, and excitement
Please select the best answer from the choices provided
Answer:
B.
Explanation:
It seems most reasonable.
the achievement of financial aspirations that are desired, planned or attempted fnianacial goalsthis should be defined by _ and may include having and abundance of money, property, investments and other resources or
The best answer which can be given for the achievement of financial aspirations that are desired, planned or attempted and may include having and abundance of money and properties is known as:
Financial SuccessThis refers to the financial goals which a person has and is willing to execute so that he can become financially successful.
With this in mind, we can see that financial success has to do with the systems which are put in place that enables a person to become financially independent and to multiply his wealth.
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explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
show the vegetable market of nepal in pyramid
Due to massive increases in agriculture and production area over the last two decades, per capita vegetable consumption has increased to 105 kg from 60 kg. Nepal has reported 3,243,521 vegetable holdings. Vegetable crops are grown on a total of 232,295 hectares of cultivable land.
What is market?A market is a collection of systems, institutions, procedures, social relations, or infrastructures through which parties exchange goods and services. While parties can barter for goods and services, most markets rely on sellers offering their goods or services to buyers in exchange for money. The exchange of goods and services that occurs as a result of buyers and sellers coming into contact with one another, either directly or through mediating agents or institutions, is referred to as a market.A market is defined as the total number of buyers and sellers in the area or region under consideration. The area could be the entire planet, a country, a region, a state, or a city.To learn more about market, refer to:
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Which of the following is not one of the risk categories
A:Practical
B:controllable
C:Pure
D:Speculative
Answer:
pretty sure controllable bc controllable isn't a risk. ( I've I had brainliest could u pls give me it ???)
In 2016, the city of Vancouver collected $500,000 in taxes and spent $450,000. In 2016, the city of Vancouver had a
Assume a manufacturer has six distribution centers in the United States, including distribution centers attached to its two manufacturing plants. Which of the following best explains how a manufacturer's total amount of inventory in its distribution network changes as it decreases the number of distribution centers that it has in its network? Question 4 options: a) Total inventory decreases at a decreasing rate as more distribution centers are eliminated. b) Total inventory decreases at an increasing rate as more distribution centers are eliminated. c) Total inventory is uncorrelated with the number of distribution centers. d) Total inventory decreases at a constant (i.e., linear) rate as more distribution centers are eliminated.
A manufacturer's total amount of inventory in its distribution network changes as it decreases the number of distribution centers that it has in its network.
The more distribution centers that a manufacturer has, the more it can spread out its inventory, which can reduce the total amount of inventory that it needs to hold. Reducing the number of distribution centers in a network can help the manufacturer reduce its holding costs, but it can also make the network less responsive to changes in demand.
This will cause the total amount of inventory in the network to decrease at an increasing rate as more distribution centers are eliminated. The decrease in inventory will not be linear because the amount of inventory held by each remaining distribution center will increase at a faster rate as more distribution centers are eliminated.
Therefore, total inventory decreases at an increasing rate as more distribution centers are eliminated.
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When a manufacturer reduces the number of distribution centers, the total inventory in its network decreases, but at a decreasing rate. Thus, the correct answer is option A) Total inventory decreases at a decreasing rate as more distribution centers are eliminated.
When a manufacturer decreases the number of distribution centers in its network, it reduces the number of locations where inventory is stored. This means that the manufacturer's total inventory will decrease. However, the rate at which the total inventory decreases will be at a decreasing rate.
Initially, when the manufacturer has all six distribution centers, each center holds a certain amount of inventory. As the manufacturer eliminates distribution centers, the remaining centers will need to hold more inventory to compensate for the loss of the other centers. This is because the remaining centers need to serve a larger area and meet the demand of customers previously served by the eliminated centers.
Therefore, while the total inventory decreases as distribution centers are eliminated, the decrease occurs at a decreasing rate. This is because the remaining centers must hold more inventory to support the increased demand from the larger area they now serve.
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irc section 263a requires the capitalization of certain indirect costs related to inventory when a qualifying business is manufacturing tangible personal property. which of the following costs is not required to be capitalized as part of this adjustment?
Under IRC Section 263a, certain indirect costs related to inventory must be capitalized when a qualifying business is manufacturing tangible personal property. These costs include direct materials, direct labor, and certain indirect costs like rent, utilities, and insurance.
However, there is one cost that is not required to be capitalized as part of this adjustment, which is interest expense.
Interest expense is considered a financing cost and is therefore not directly related to the production of tangible personal property. Therefore, it is not included in the list of costs that must be capitalized under IRC Section 263a. It is important for businesses to properly identify and allocate these costs to ensure accurate financial reporting and compliance with tax regulations.
IRC Section 263A requires the capitalization of certain indirect costs related to inventory when a qualifying business is manufacturing tangible personal property. To provide an accurate answer, I would need a list of specific costs to determine which ones are not required to be capitalized as part of this adjustment.
However, common indirect costs that are generally not required to be capitalized include marketing expenses, general and administrative expenses unrelated to production, and research and development costs. Please provide a list of costs, and I will be able to identify the cost that is not required to be capitalized as part of the IRC Section 263A adjustment.
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You manage the Information Systems department at a small startup Internet advertiser. You need to set up an inexpensive system that allows customers to see real-time statistics, such as views and click-throughs, about their current display ads. Which type of system will most efficiently provide a solution? CRM Enterprise system Extranet KWM Intranet
Answer:
Extranet
Explanation:
An extranet is a controlled private network in the information is accessible from an organization's intranet to partners, vendors and suppliers or an authorized set of customers.
To manage the Information Systems department at a small startup Internet advertiser and to set up an inexpensive system that allows customers to see real-time statistics, Extranet can efficiently provide a solution.
What type of account is used regularly and handles day-to-day
transactions?
A Line of credit
B Money market
C Checking
D Savings
The five-year RM1000 par bond of Luke Berhad pay 7\% interest. The market's required yield to maturity on a comparable risk bond id 9%. The current market price for the bond is RM1200. The interest is annually paid.
i. Determine the yield to maturity.
ii. What is the value of the bond, given the yield to maturity on a comparable risk bond?
iii. If the above bond is paid semi-annually, calculate (i) and (ii). iv. What are the differences of the result if the interest is paid annually and semiannually?
i.) Yield to maturity is the total return expected on a bond if it is held until maturity. In the given case, Yield to maturity (YTM) is 5.15%.
ii.) The value of a bond is the present value of its future cash flows, discounted at the bond's yield to maturity. The value of the bond in this case is RM1,078.90.
iii.) The semi-annual yield to maturity is 5.22% and the value of the bond, given the semi-annual yield to maturity, is RM1,078.09.
iv.) In this case, the YTM increases from 5.15% to 5.22% and the value of the bond reduces negligibly from RM1,078.90 versus RM1,078.09.
i.) YTM is determined using the current market price, the face value of the bond, the amount of the interest payments, and the time left until maturity.
To find the yield to maturity, the equation used is: PV = (C / (1 + r)^1) + (C / (1 + r)^2) + ... + (C + F / (1 + r)^n)
where PV is the present value of the bond, C is the annual interest payment, r is the yield to maturity, F is the face value, and n is the number of years until maturity.
Here, the bond has a face value of RM1,000 (F), pays 7% interest annually (C) for 5 years (n), and has a current market price of RM1,200 (PV).
Plugging in these values in the above equation, we get:
RM1,200 = (RM70 / (1 + r)^1) + (RM70 / (1 + r)^2) + (RM70 / (1 + r)^3) + (RM70 / (1 + r)^4) + (RM1,070 / (1 + r)^5)
Solving for r using a financial calculator or spreadsheet, we get r = 5.15%.
ii.) Using the same formula as before but plugging in the newly calculated YTM, we get:
Value of bond = (RM70 / (1 + 0.0515)^1) + (RM70 / (1 + 0.0515)^2) + (RM70 / (1 + 0.0515)^3) + (RM70 / (1 + 0.0515)^4) + (RM1,070 / (1 + 0.0515)^5) = RM1,078.90
iii.) If the bond is paid semi-annually, the annual interest payment is divided into two equal payments of RM35 each. To calculate the semi-annual yield to maturity, the equation used is:
PV = (C / (1 + r/2)^1) + (C / (1 + r/2)^2) + ... + (C + F / (1 + r/2)^2n)
where PV is the present value of the bond, C is the semi-annual interest payment, r is the semi-annual yield to maturity, F is the face value, and n is the number of semi-annual periods until maturity (which is twice the number of years until maturity).
Plugging in the given values, we get:
RM1,200 = (RM35 / (1 + r/2)^1) + (RM35 / (1 + r/2)^2) + (RM35 / (1 + r/2)^3) + (RM35 / (1 + r/2)^4) + (RM1,035 / (1 + r/2)^5) + (RM1,035 / (1 + r/2)^6)
Solving for r using a financial calculator or spreadsheet, we get r = 5.22%.
Using this new value for r and plugging it into the same formula as before, we get:
Value of bond = (RM35 / (1 + 0.0522/2)^1) + (RM35 / (1 + 0.0522/2)^2) + (RM35 / (1 + 0.0522/2)^3) + (RM35 / (1 + 0.0522/2)^4) + (RM1,035 / (1 + 0.0522/2)^5) + (RM1,035 / (1 + 0.0522/2)^6)
Value of bond = RM1,078.09
iv.) If the interest is paid semi-annually instead of annually, the yield to maturity will be slightly higher from 5.15% to 5.22% due to the effect of compounding. However, the difference in the value of the bond between annual and semi-annual payments is relatively small (RM1,078.90 versus RM1,078.09), so it is not a significant difference.
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