explain in simple terms the notion of equivalent units of production (eup). why is it necessary to use eup in process costing?

The formal measure of U.S. GDP tends to understate the actual size and value of the national economy due to the exclusion of non-market goods and services.

Non-market goods and services refer to goods and services that are not bought and sold in the marketplace, such as childcare and housework.

These goods and services are not included in the calculation of GDP, which means that the formal measure of GDP does not take into account the true size and value of the national economy.

This can lead to an inaccurate picture of the U.S. economy and can lead to policy decisions that are based on incorrect information.

Thus, the formal measure of U.S. GDP tends to understate the actual size and value of the national economy due to the exclusion of non-market goods and services.

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$9,700+$16,500+$23,300+$54,600 = utilities in sales office $26,600.The Answer is  $ 473,200.abc furniture company manufactures furniture at it's ohio factory. some of its costs.

A company limited by shares is the most common type of corporate entity used for business endeavours. A limited company is described as "a company in which the liability of each shareholder is restricted to the amount individually invested" and corporations are "the most common sort. The ownership of a company with a share limit can be either private or public.a business whose share capital is restricted by a guarantee: When a business is founded for philanthropic purposes, but its activities are primarily backed by investors who expect financial gain, the organisation is often referred to as a hybrid one. It is no longer possible to incorporate this kind of technology in the UK.

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The high cost of reconstructing a wrecked automobile is due to the complexity and specialized nature of the work, as well as the cost of materials and labour.

The cost of reconstructing a wrecked automobile is often much higher than the original purchase price due to a number of factors. One of the main reasons is the complexity of the work involved, which often requires specialized skills and equipment. Additionally, the cost of replacement parts, especially for newer vehicles, can be significantly higher than the original cost of the parts. Another factor that contributes to the high cost of reconstructing a wrecked automobile is the cost of labour. Auto repair shops charge a premium for their services, as the work involved in reconstructing a vehicle is often time-consuming and requires a high level of expertise. Furthermore, there are also hidden costs associated with reconstructing a vehicle, such as storage fees, rental cars for the owner, and other expenses that can add up quickly. All of these factors combined contribute to the high cost of reconstructing a wrecked automobile, which can be three times or more than the original purchase price in parts and labour.

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62196.97  is the present value of the payments if they are in the form of an ordinary annuity.

given data:

amount received = $13,700

interest rate, r = 8.6 percent

time period, t = 6 years

PVA  = C ( { 1 -[1/(1+r)]^t}/r)

PVA  =  13700 ( { 1 -[1/(1+8.6%)]^6}/8.6%)

         = 62196.97

Payments are transactions that involve the exchange of money or other forms of value between parties. They are an integral part of daily life and are used to fulfill financial obligations such as bills, taxes, salaries, and purchases. Payments can be made using various methods such as cash, checks, credit or debit cards, bank transfers, or mobile payment apps. The frequency of payments can range from one-time payments to recurring payments such as rent, loan repayments, or annuities. The amount of payments can vary based on the purpose and the agreement between the parties involved. Payment systems have evolved over time, with the emergence of electronic payment systems that provide faster, more convenient, and secure methods of payment.

the complete question is:

Suppose you are going to receive $13,700 per year for six years. The appropriate interest rate is 8.6 percent.

What is the present value of the payments if they are in the form of an ordinary annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)).

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The rapid growth of ridesharing companies ridesharing company also referred to as transportation network company or ride-hailing service matches customers with drivers of vehicles for hire that, unlike taxicabs, cannot be legally flagged down on the street via websites and mobile apps. These vehicles are referred to as app-taxis or e-taxis.

Depending on the jurisdiction, ridesharing businesses may or may not be allowed; in other places, they have been outlawed and are regarded as illegal taxicab operations.

Regulations can cover things like minimum salary requirements, fare limits, insurance regulations, license requirements, and background check specifications for drivers.

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Option A. A change in demand is a shift of the entire demand curve to the left or right.

It occurs when the quantity demanded changes at every price level due to a factor other than price, such as a change in consumer preferences, income, or the availability of substitute goods or services.

In contrast, a change in quantity demanded (B) refers to a movement along the demand curve in response to a change in price, holding all other factors constant. Complements (C) are goods or services that are consumed together, so a change in the price of one good affects the demand for the other. The income effect (D) is the change in quantity demanded of a good or service resulting from a change in the consumer's purchasing power due to a change in income. Substitutes (E) are goods or services that can be used in place of one another, so a change in the price of one good affects the demand for the other.

Therefore, the correct answer is A. Change in demand.

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Different amounts demanded at every price, causing the demand curve to shift to the left or the right.

A. Change in demand

B. Change in quantity demanded

C. Complemented

D. Income effect

E. Substitutes

Occasion segmentation is a very specific form of behavioral segmentation by which segments are formed based on when a product or service is purchased or consumed.

Occasion segmentation involves dividing the market into groups based on the specific occasions when customers are most likely to purchase or use a product or service. This approach allows marketers to develop targeted marketing campaigns that are tailored to the specific needs and preferences of each segment, and to time their marketing activities to coincide with key purchasing or usage occasions. Occasion segmentation can be used for a wide range of products and services, from consumer goods and personal care products to travel and entertainment services. By understanding the occasions that drive customer purchases, marketers can create more effective marketing strategies that resonate with their consumer target audience and drive higher levels of engagement and conversion.

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To determine the profit that the comedian makes at a performance where 25 people attend, we need to start by calculating the amount of money earned from the performance. We know that the comedian earned $80 from the performance.

Next, we need to calculate the cost of putting on the performance. We know that the performer used 32% of the money earned to pay the costs involved in putting on the performance. So we can find the cost by multiplying the amount earned by 0.32:

Cost = $80 x 0.32 = $25.60

Therefore, the cost of putting on the performance is $25.60.

Now that we know the cost, we can calculate the profit that the comedian makes. We know that the profit is equal to the amount earned minus the cost:

Profit = $80 - $25.60 = $54.40

Therefore, the profit that the performer makes at a performance where 25 people attend is $54.40.

It's important to note that in real-world scenarios, there may be other costs associated with putting on a performance that are not accounted for in this calculation. These costs could include things like transportation, lodging, and equipment rental. Additionally, the amount earned from a performance can vary depending on factors such as the location, audience size, and ticket prices.

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The Total Future Value of Bank A = $62435.61

The Annual Interest Rates of Bank B = 19.233 %

Bank A:

Monthly Deposits: $241;

Term of Deposits: 10 Years (10 x 12);

Interest Rate: 14%;

Monthly compounding at a monthly interest rate of 14/12 = 1.167%

Total Future Value of the monthly deposits = 241 x [tex](1.01167)^{119}[/tex] + 241 [tex](1.01167)^{118}[/tex] + ............... +241

Total Future Value = 241 x [{[tex](1.01167)^{120}[/tex]-1}/ {(1.01167) -1}]

Total Future Value = $62435.61

Bank B:

Target Future Value = $ 62435.61,

Annual Deposits = $ 2498,

Deposit Tenure = 10 Years,

Compounding frequency = Annual , and

Annual Interest Rates = y%

Thus, {2498 x [tex](1 + y)^{9}[/tex] }+ {2498 x [tex](1 + y)^{8}[/tex] }+ ........ + 2498 = 62435.61

2498 x [{[tex](1+y)^{10}[/tex]-1} /{(1+y)-1}] = 62435.61

[{[tex](1+y)^{10}[/tex]-1} /{(1+y)-1}] = 62435.61 / 2498

[{[tex](1+y)^{10}[/tex]-1} /{(1+y)-1}] = 24.9942

y = 0.19233 or 19.233 %

∴ Annual Interest Rates = 19.233 %

The return on an investment or the amount of interest due on a loan when compounding is taken into account is the effective Annual Interest Rate.

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It is impossible to answer this question as the amount of money you will be able to bequeath in your will depends on a variety of factors such as your income, savings, investments, and lifestyle.

The amount of money that you can bequeath depends on many factors such as your income, lifestyle, investments, and other sources of wealth. It is impossible to answer this question without knowing more information about your financial situation.

Depending on your resources, you may be able to leave a large sum or a small amount. Ultimately, the amount of money that you can bequeath will depend on your individual circumstances.

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Since no interest rate is mentioned, Molly will pay 0% interest. Loans are sums of money given by lenders to borrowers in exchange for interest payments and principal repayments at maturity.

What is the loan's duration?

Since the loan's term is relatively lengthy, you will have plenty of time to repay it. For individuals who are concerned about completing their payments on time, this is good news. You must still make your payments on time, it's crucial to keep this in mind. If not, you risk incurring late fees or having your interest rate rise.

The total amount borrowed, the interest rate and the length of the payback period are just a few of the variables that affect the monthly payment under this plan. Generally speaking, the monthly payment will increase as the total amount borrowed increases.

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Correct question:

Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight off her total. How much loan does Molly need?

How much total interest will Molly pay using this plan?

The concept is the Perpetual Inventory System, a system for tracking and recording inventory levels. Gross margin is $10,910.

The Perpetual Inventory System is an inventory tracking and recording system that automatically and instantly records every purchase and sale of inventory. In this system, the software records the inventory change in real time for each transaction.

Given:

commercial purchases = $13,600 Discount

= 2/10 = 0.02%

returns = $3,100

cash flow from inventory sales = $21,200

A) Purchase Discount = (Current Purchase Price − Current Return Price) ×           Discount Percentage

Shopping Discount = ($13,600 - $3,100) × 0.02 = $210

B) Cash To Purchase Inventory = $13,600 - $3,100 - $210

withdrawals = $10,290

Net cash flow from operations =  $21,200 -B

= $21,200 - $10,290 = $10,910

Therefore:

the company will have a gross profit of $10,910

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Horseshoe Inc. has a return on assets of 6.09% as a result. This means that the corporation makes 6.09 cents in profit for every dollar it invests in assets.

In general, a ROA of over 5% is regarded as good, and one of over 20% as exceptional. However, companies in the same industry should always be compared when comparing ROAs.

The return on assets (ROA) is a metric used to determine how much profit a business makes on each dollar invested in assets. It is calculable as follows: ROA is calculated as Net Income / Total Assets.

By entering the specified values, we obtain:

ROA = $700,000 / $11,500,000

ROA = 0.0609

We may multiply this by 100 and round the result to two decimal places to get the percentage:

ROA = 6.09%

Horseshoe Inc. has a return on assets of 6.09% as a result. This means that the corporation makes 6.09 cents in profit for every dollar it invests in assets.

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The direct material cost is the cost of the parts and raw materials required to manufacture a product. It must be simple to tell what ingredients are in the finished product.

Direct materials have a clear pricing that is directly correlated to the production unit. Materials are a variable cost that must be paid directly while manufacturing a good or service.

Materials are needed by a business to produce an item, hence these costs directly affect the price of the good. In a manufacturing corporation, direct costs are referred to as the cost of goods sold.

Direct materials cost          85000

X Predetermined overhead rate 160%

Overhead cost applied         136000

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Conservation and reduced tillage involve mulching the soil with organic materials or crop waste to prevent evaporation and improve moisture retention.

With smaller, more concentrated, higher-value, water-efficient operations like tunnel and hydroponic production, there is dense planting.

Conserving water is one of the simplest actions we can take to lessen the effects of the drought. When a drought strikes, we will have more water accessible to people and to plants and animals if we always use water properly.

Due to farming techniques at the time, when a severe drought hit the Great Plains region in the 1930s, there was erosion and topsoil loss. The topsoil became friable and, in some areas, reduced to a powdery consistency as a result of the drought's drying effects.

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If the Obama administration imposes a 400% import tariff on leather riding boots from Canada, the result is that the price of the Canadian leather riding boots will increase significantly for American consumers.

Suppose a pair of leather riding boots costs $100 in the U.S., but only $25 in Canada without the tariff. After the tariff, the price of the Canadian boots would increase to $125, which is still cheaper than the U.S. price. However, the increased price of the Canadian boots may make them less competitive with U.S. boots, which could lead to a decline in demand for the Canadian boots.

In addition, the tariff could lead to retaliation by Canada, such as imposing tariffs on U.S. goods, which could harm U.S. exporters. This could result in a trade war between the two countries, with negative economic consequences for both sides.

Overall, while the tariff may provide some protection for domestic producers of leather products, it also has the potential to harm consumers, producers, and the overall economy through the effects of trade retaliation.

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While Louisiana's oil and gas sector supports more than 260,000 employments, it also helps to develop local economies and communities for both employees and their families.

In most cases, the term "employment" refers to the condition of having a paid job—of being employed. A person is paid to work when they are employed. Employees are employed by an employer. As in We're working to increase our employment of women., the term "employment" can also refer to the act of employing people.

According to common-law principles, if you can direct what will be done and how it will be done, anyone who provides services for you is your employee. Even when you allow the employee freedom of action, this is still the case. What important is that you have the power to decide exactly how the services will be provided.

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Financing activities are defined as the procurement and disposition of resources with the aim of marketing goods and services.

What different sorts of investment are there?

As part of investment activity, liabilities that a company needs to finance its operating costs are bought and sold.The phrase "investing activities" in accounting describes the purchase and sale of long-term assets as well as other company investments over a certain reporting period.

Which of the following actions falls under the definition of investing*?

Equipment purchase is the appropriate answer (a). The buying, selling, and long-term investing of fixed assets are all examples of investment activity. Equipment investment is a financial activity as a result.

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Organizations and project managers should take into account a wide range of variables that may affect team member engagement, productivity, and success. They should also try to build a good and encouraging work environment.

Autonomy and empowerment, opportunities for skill development and improvement, and a sense of belonging are some aspects that are frequently listed as being extremely motivating for project team member performance. goal-setting that is specific and meaningful, positive team dynamics and collaboration, feedback and acknowledgment Together with pay and benefits, job stability, and work-life balance, there may be other elements that are less motivating for some team members. The relative weight of these criteria can, however, change based on a person's tastes and situation, so it's crucial to keep that in mind.

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In order to fully leverage the talents of the best and brightest employees, a firm should be concerned with hiring, retention, and training.

In order to fully leverage the talents of the best and brightest employees, a firm must focus on attracting and hiring top talent, retaining them through effective employee engagement and development programs, and providing them with opportunities for continuous learning and skill development through training and career advancement programs. While rewards and customer support are important factors, they alone are not sufficient to attract and retain top talent. Firms must also create a supportive and inclusive workplace culture that encourages innovation, collaboration, and personal growth, and provide employees with opportunities to apply their skills and talents to meaningful and challenging projects. By focusing on these key sales areas, firms can create a motivated and high-performing workforce that can drive innovation, growth, and competitive advantage.

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Taylor and Lucy were divorced on September 24, 2021. Neither has any dependents. Neither has remarried. The correct filing status they should each use is Single.

Because filing requirements, some credits and above-the-line deductions, tax brackets, and the standard deduction are dependent on filing status, tax law distinguishes between filing statuses.

The primary justification for categorizing taxpayers based on filing status is the assumption that, given an identical income, single people can afford to pay a higher tax rate than those with children, and that, by enabling joint filing, married couples can file their taxes more easily. Five filing statuses exist:

Single, Head of Household, Married Filing Jointly, Married Filing Separately (MFS), Qualifying Widow(er) with Dependent Chil

Therefore, The correct filing status they should each use is Single.

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Temporal segmentation is a very specific form of behavioral segmentation by which segments are formed based on when a product or service

One type of behavioral segmentation is temporal segmentation, in which consumers are divided into groups based on when they buy or use a product or service.

Using this method, a market can be divided into groups based on how long customers spend using a product or service. Businesses that offer goods or services that are only available during specific times of the year, such as clothing for the holidays or other special occasions, can benefit greatly from this kind of segmentation.

Businesses can better target their marketing and sales efforts, optimize production schedules, and enhance the overall customer experience by comprehending the temporal patterns of customer behavior.

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The false statement  about enterprise resource planning (erp)  is: "ERP glitches often have a logistical component to them."

A form of software known as enterprise resource planning (ERP) is used by enterprises to manage routine business operations including accounting, purchasing, project management, risk management and compliance, and supply chain management. While there may be a financial, manufacturing, or other element to ERP errors, there may not always be a distinct logistical one. ERP's main goal is to combine several business operations into a single system, therefore problems might arise in any area involved in that integration—not only logistics. Changing the behaviour of users and functional groups so they can cooperate with the new solution is one of the largest implementation issues for ERP. Strong project management and support from high leadership are necessary to drive this transition. ERP software is used by businesses to manage important aspects of their operations.

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1. Account titles                           Debit      Credit

Share capital a/c                        $42000

       To share allotment a/c                        $3000

       To share first call a/c                           $18000

       To share forfeiture a/c                        $21000

(Being 600 shares were forfeited)

2. Account titles                       Debit      Credit

Bank a/c                                   $39000

Share forfeiture a/c                 $3000

         To share capital a/c                       $42000

(Being forfeited shares were reissued at 70 paid up)

3. Account titles                       Debit       Credit

Share forfeiture a/c                   $18000

         To capital reserve a/c                     $18000

(Being balance of forfeiture a/c is transferred to capital a/c)

Full question ". A limited company forfeited 600 shares of 100 each (originally issued at 25% premium which was payable along with application money) on which allotment money of 20 and first call money of 30 were not received; the final call money of 30 is not yet called. These shares were originally allotted on pro-rata basis in the ratio of 4 : 3. These shares were subsequently reissued at a discount of 5 per share, credited as 70 paid up. Pass necessary Journal entries for forfeiture and reissue of shares.

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Outsourcing occurs when a US company chooses to use suppliers from other countries to provide labor, goods, or services.

The practice of employing a third party from outside a business to carry out tasks or produce commodities that were previously completed in-house by the business's own employees and personnel is known as outsourcing.

Foreign and domestic contracting are both included in outsourcing, which may also involve nearshoring or offshore (moving a corporate function to another country) (transferring a business process to a nearby country).

Outsourcing and offshoring are not mutually exclusive; either one can exist.

They can be combined (offshore outsourcing), reversed separately or collectively, in part or entirely, using techniques like reshoring, inshoring, and insourcing.

A US business that decides to hire suppliers from abroad to offer labor, products, or services is engaging in outsourcing.

Therefore, outsourcing occurs when a US company chooses to use suppliers from other countries to provide labor, goods, or services.

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Revenue, costs, and net income are all included in the income statement (loss). Users can calculate additional data including gross profit, income from continuous activities, total operating expenses, and net sales using an income statement with numerous phases. Instead of the income statement, the balance sheet contains information on current assets.

What is balance sheet ?

An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, a financial statement. One of the three fundamental financial statements used to assess a company is the balance sheet. The assets and liabilities of a corporation as of the publication date are shown in a snapshot.

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Opportunity costs capture the value of the best alternative use of the resources employed.

Employment is a two-person partnership that oversees the supply of paid employment services. One of the parties, the employer, which can be a firm, a nonprofit organization, a cooperative, or any other organization, pays the other party, the employee, according to the terms of the contract in exchange for executing the task allocated to them.

Employees conduct labor for money, which may take the shape of hourly wages, piece rates, or yearly earnings, depending on the nature of the job performed, industry circumstances, and the parties' negotiating strength.

Hence the correct option is C

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The above question is incomplete the complete question is-

________costs capture the value of the _______ alternative use of the resources employed.

a-Threat; worst

b-Opportunity; average

c-Opportunity; best

d-Opportunity; worst

b. transnational organization, a transnational organization  is a multinational company that has a global scope and does not consider any particular country as its​ base, home, or headquarters.

A transnational organisation is a multinational company with a worldwide focus that does not regard any one nation as its base, residence, or headquarters. Instead of being bound to a single area or region, multinational corporations conduct activities across several nations and strive to function as a cohesive global organisation. This enables businesses to make the most of their global reach and operational effectiveness while also allowing them to adjust to local markets and laws. Although transnational organisations may have centralised management structures, they also permit a high level of local autonomy to cater to the particular requirements of each market.

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Development is described as "raising the human well-being which the economy provides from the a given amount of matter and energy" by Costanza and Daly.

The set of procedures and equipment needed to create the code for a programme or piece of software constitutes a development environment. Development, staging, and production servers are all included in the infrastructure that aids the process in its whole. Promotes human well-being without jeopardizing the capacity of future generations to fulfill their own needs, which is the significance of sustainable development. They contend that, despite the fact that economic activity entails the conversion of energy and matter into riches, the long-term well-being of people and the world may suffer if material gain is the only goal. They therefore support a broader definition of progress that takes into account both the economic and social effects of economic activity.

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The expected total rate of return over the next year is 27.2%.

To calculate the implied one-year forward rates, we can use the formula:

(1 + YTM)n = (1 + f1) * (1 + f2) * ... * (1 + fn)

where YTM is the yield to maturity for each respective maturity, and f1, f2, ..., fn are the one-year forward rates for each respective year.

Using this formula, we can calculate the implied one-year forward rates as follows:

(1 + 0.093)^1 = (1 + f1)

(1 + 0.103)^2 = (1 + f1) * (1 + f2)

(1 + 0.113)^3 = (1 + f1) * (1 + f2) * (1 + f3)

Solving for f1, f2, and f3, we get:

f1 = 0.1028, f2 = 0.1153, f3 = 0.1291

Therefore, the implied one-year forward rates are 10.28%, 11.53%, and 12.91% for the first, second, and third years, respectively.

To calculate the expected total rate of return for a three-year zero-coupon bond over the next year, we need to first calculate the current price and expected future price.

The current price of the three-year bond can be calculated as:

P0 = FV / (1 + YTM)^n = 1000 / (1 + 0.113)^3 = $713.78

where FV is the face value of the bond.

To calculate the expected future price, we can use the one-year forward rates. The expected price in one year is the future value of the bond after one year at the prevailing one-year forward rate. Therefore, we can calculate the expected future price as:

P1 = FV / (1 + f1)^1 = 1000 / (1 + 0.1028)^1 = $908.04

where f1 is the one-year forward rate for the first year.

The total rate of return over the next year is then:

Expected total rate of return = (P1 - P0) / P0 = ($908.04 - $713.78) / $713.78 = 27.2%

Therefore, if you purchase a three-year zero-coupon bond now, the expected total rate of return over the next year is 27.2%.

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