You purchased a bond 81 days ago for $921.95. You received an interest payment of $32.00 74 days ago. Today the bond’s price is $1,047.64. What is the holding period return (HPR) on the bond as of today?

HPR on the bond is 17.1%

Explanation:

The return received on the asset in the period in which it is held is called holding period return. It included the interest / dividend received and change in the initial price and current price.

According to given data

Interest received = $32.0

Initial Value = $921.95

Today value = 1,047.64

HPR = Income + [ ( End of period value - Initial Value ) / initial value ]

HPR = Interest received + [ ( Today value - Initial Value ) / initial value ]

HPR = [ $32.0 +  ( 1047.64 - 921.95 ) / 921.95 ]

HPR = [ $32.0 +  ( 1047.64 - 921.95 ) / 921.95 ]

HPR = 157.69 / 921.95

HPR = 0.171

HPR  = 17.1%

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.