A. Find the present value of the $50,000 twenty-year annuity. At 10%, the answer is $425,678.
b. Find the duration of this annuity. This is easiest using the closed-form equation.
c. Find a package of the bonds that has this duration and this market value.

During the economic periods of , the economy is at its highest point and unemployment is low, in addition, total income is high and consumers are willing to buy products and services.

If people lost confidence in the government in government, which money would have the least value flat money representative money commodity money gold standard

The fields company has two manufacturing departments, forming and painting. the company uses the weighted-average method of process costing. at the beginning of the month, the forming department has 25,000 units in inventory, 60% complete as to materials and 40% complete as to conversion costs. the beginning inventory cost of $60,100 consisted of $44,800 of direct materials costs and $15,300 of conversion costs. during the month, the forming department started 300,000 units. at the end of the month, the forming department had 30,000 units in ending inventory, 80% complete as to materials and 30% complete as to conversion. units completed in the forming department are transferred to the painting department. cost information for the forming department is as follows: