If the duration of a bond being discounted a 5.8% is 4.4 years, and interest rates on comparable debt decrease by 1.4%, by what percentage will the price rise (+) or fall (-)? (Your answer is in percentage terms - 4 digits, and should be positive for an increase in price, and negative for a decline in price.)
In: Finance
If the duration of a bond being discounted a 5.8% is 4.4 years, and interest rates on comparable debt decrease by 1.4%, by what percentage will the price rise (+) or fall (-)? (Your answer is in percentage terms - 4 digits, and should be positive for an increase in price, and negative for a decline in price.)
In: Finance
If the duration of a bond being discounted a 4.2% is 4.9 years, and interest rates on comparable debt decrease by 1.7%, by what percentage will the price rise (+) or fall (-)? (Your answer is in percentage terms - 4 digits, and should be positive for an increase in price, and negative for a decline in price.)
In: Finance
In: Economics
A hospital director is told that 32% of the treated patients are uninsured. The director wants to test the claim that the percentage of uninsured patients is below the expected percentage. A sample of 160 patients found that 40 were uninsured. At the 0.05 level, is there enough evidence to support the director's claim?
In: Statistics and Probability
Consider a 10% annual coupon bond with three years of remaining maturity and a current YTM of 12%. Calculate the duration and convex it’s of this bond. If rates are expected to decline 2 percentage points use the convexity approximation to estimate the percentage change be in price for the bond.
In: Finance
one way we can evaluate how good or bad our lives are
is to identify what percentage of our days we are winners and what
percentage of our days we are losers, do you agree or disagree with
this statement? explain your views
In: Economics
I need to write a forumn on income elasticity from a managers perspective in economics not less than 75 words. income elasticity- a measure of the responsiveness of the demand for a good to changes in consumer income; the percentage change in quantity demanded divided by the percentage change in income.
In: Economics
The average human body contains 5.70 L of blood with a Fe2+ concentration of 2.10×10−5M . If a person ingests 10.0 mL of 25.0 mM NaCN, what percentage of iron(II) in the blood would be sequestered by the cyanide ion?
Express the percentage numerically.
In: Chemistry
NWT Consultants, located in Yellowknife, Northwest Territories, is a small but growing business that analyzes a variety of construction materials before they are used by contractors. The testing procedures are specific to the individual materials used because reagents used for testing react differently based on their composition and the quantity used. How they are introduced into the materials for testing is also important.
During the month of December 2021, NWT completed 36 different jobs.
Records pertaining to one such job (reference number: MT Q421-442)
are as follows:
| Date | Document | Amount | ||
| 2/12/21 | M-3316 | $ | 900 | |
| 4/12/21 | L-4423 | 680 | ||
| 11/12/21 | L-4437 | 1,150 | ||
| 13/12/21 | M-3399 | 1,870 | ||
| 20/12/21 | M-3407 | 1,340 | ||
| 22/12/21 | L-4509 | 1,620 | ||
The documents with the references M and L pertain to direct
materials and direct labour, respectively. NWT currently allocates
overhead using direct labour cost as the allocation base. For the
year 2021, it estimated $650,240 as the overhead amount and
$508,000 for direct labour costs.
Required:
1. Compute the overhead allocation rate for 2021.
- Predetermined overhead rate: %
2. Compute the total costs of the job.
Amount
- Direct Materials: $
- Direct Labour: $
- Overhead: $
- Total Costs: $
3. Prepare a job cost sheet for job MT Q421-442.
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In: Accounting