Answer
Current Price of Bond M = $25,202
Current Price of Bond N = $7,102
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
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<u>Answer:</u>
<em>$50,325 is the sale price of the property</em>
<u>Explanation:</u>
Karen made a commission of $3522.75 on the sale of a property. Splitter commission clear with her broker which is 50% to the broker and 50% Karen. Broker took 55% of the total commission on a 7% commission rate.
So not considering the commission for a while if we divide commission by the commission rate we will get the sale price.
$3522.75/0.07= $50,325.
Answer:
business processes
Explanation:
Enterprise software includes a database and thousands of predefined business processes that reflect best practices