to figure the answer. 15 0 obj <>/Filter/FlateDecode/ID[<3096B9860985E747AD759002D266BDE8><3096B9860985E747AD759002D266BDE8>]/Index[10 7]/Info 9 0 R/Length 36/Prev 626342/Root 11 0 R/Size 17/Type/XRef/W[1 2 0]>>stream h�b```f``������T� �� 6�NF�P��P� �����4���ec�����@� I�n Your site experience may be affected. 10 0 obj <> endobj 12. He is also an instructor at Empire and is the author of Series 7 Exam For Dummies. So a bond trading at 101-3/8 would convert to a bond trading at 101.375 (3/8 = 0.375). Price and Yield Calculations on the Series 7 Exam, 1,001 Series 7 Exam Practice Questions For Dummies Cheat Sheet, Setting Yourself Up for Success on the Series 7 Exam, Municipal Bonds and Notes on the Series 7 Exam. h�bbd`b`�bb`�eb`� ����� #� Maturity. 2013-38858-21212 and the National Agriculture in the Classroom Organization. 10. 2. %%EOF Answer: C. $10,137.50. For the debt securities portion of the Series 7 exam, you need to know something about to determine bond prices and yields. The 101.375 is a percentage of par, so the bonds are actually trading at (101.375%)($1,000 par) = $1,013.75. Any opinions, findings, conclusions, or recommendations expressed on this website do not necessarily reflect the view of the USDA. Evaluation of beef quality and composition is important to cattle producers, meat packers and retailers, and consumers. Prime: Prime beef comes from young cattle who are well-fed. Name lipid or nucleic acid. So a bond trading at 101-3/8 would convert to a bond trading at 101.375 (3/8 = 0.375). The first thing you have to do is convert the fraction to a decimal. Next, you have to remember that these $1,000 par value bonds aren’t actually trading at 101.375. Economically important traits for beef cattle evaluation discussed below are live weight, dressing percent, muscling, fat thickness, yield grade and quality grade. 5. This website is managed by National Center for Agricultural Literacy at Utah State University (2020) and supported by the National Institute of Food and Agriculture (NIFA), United States Department of Agriculture (USDA), under Agreement No. These factors include carcass maturity, firmness, texture, and color of lean, and the amount and distribution of marbling within the lean. Bull B because he has the lowest milking ability EPD. 0 How did they figure the answer? 4. Send us a message with your question or comment. Consumers desire cuts of beef that are lean, nutritious, and possess desirable eating characteristics. I am doing a Beef Maturity Practice sheet and completely lost on how. ANSWERS 1. The first thing you have to do is convert the fraction to a decimal. Bone Lean Final A70 B10 = A90 It states use a simple average when lean and bone maturities are within 40 % of each other. A birth weight EPD of +7.0 is extremely high. 18. 6. Here is an example: with correct answer. %PDF-1.3 %���� A Look at Organic vs Conventional Food, Use our eLearning resources to engage your students, Learn more about the 2021 National Conference in Des Moines, Iowa, June 28-July 1, Highlights of 2020 National Virtual Summit, Meet the 2020 National Agriculture Advocate Winner, Join National Agriculture in the Classroom Organization, Donate to support the teacher professional development, National Center for Agricultural Literacy at Utah State University, Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. Caution: you have javascript disabled. Bull B should scare you! Whole cuts of beef are given a quality grade by USDA meat graders. Because this bond was purchased at a premium, you have to determine the annual amortization by taking the difference between the purchase price and par value and dividing it by the ten years until maturity. Per. H�*T034�30P AsKN$�**�+�{�*��+� ߏ � Quality Grade of a beef carcass is determined by evaluating carcass indicators of physiological maturity and marbling, as reflected in the Official USDA Grading Chart (Figure 2). The age of a beef animal has a direct effect on tenderness of the meat it produces. Now plug in the numbers to calculate the yield: A 4% bond is purchased at 92 with 25 years until maturity, What is the current yield? 16 0 obj <>stream Macromolecules Worksheet Part A. Classify each as a carbohydrate, protein, 2. $.' Next, because the investor is purchasing ten of these bonds, you have to multiply your answer by 10: ($1,013.7)(10 bonds) = $10,137.50. 15. Meat researchers have developed reliable methods for measuring the factors that influence eating characteristics and factors affecting yield of lean cuts. A person who understands and can communicate the source and value of agriculture as it affects our quality of life.

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