Fidelity bonds insure

Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round intermediate calculations. Roun

neonofarm [45]

Answer:

(a) $50,980.35

(b) $5,129.90

(c) $2,400

(d) $50,980.35

(e) $5,129.90

(f) $2,400

Explanation:

A constant payment for a specified period is called annuity. The future value of the annuity can be calculated using a required rate of return.

Formula for Future value of annuity is

F = P * ([1 + I]^N - 1 )/I

P =Payment amount

I = interest rate

N = Number of periods

(a) $1,000 per year for 16 years at 14%

F = $1,000 x ([1 + 14%]^16 - 1 )/14%

F = $50,980.35

(b) $500 per year for 8 years at 7%

F = $500 x ([1 + 7%]^8 - 1 )/7%

F = $5,129.90

(c) $600 per year for 4 years at 0%.

F = $600 x 4

F = $2,400

(d) $1,000 per year for 16 years at 14%

F = $1,000 x ([1 + 14%]^16 - 1 )/14%

F = $50,980.35

(e) $500 per year for 8 years at 7%

F = $500 x ([1 + 7%]^8 - 1 )/7%

F = $5,129.90

(f) $600 per year for 4 years at 0%.

F = $600 x 4

F = $2,400

3 0

3 years ago

Eduardo goes to his mentor, Mateo, to get tips for improving his performance. Administrative While reviewing his goals for the y

nasty-shy [4]

Below is the correct outline of the question:

Eduardo goes to his mentor, Mateo, to get tips for improving his performance.

Type of training:________

While reviewing his goals for the year, Tyrell and his manager discuss what training Tyrell might require to accomplish next year's goals.

Type of training:________

Adriaan and Arie got off on the wrong foot. Arie messed up his first project for Adriaan, and now Adriaan gives him low performance ratings in every category of performance. This is an example of a ________ error. _______ training will help the manager to evaluate performance more accurately.

Answer:

1. Type of training: Developmental

2. Type of training: Developmental

3. Halo error

4. Frame of Reference (FOR) training

Explanation:

Eduardo goes to his mentor, Mateo, to get tips for improving his performance.

Type of training: Developmental

While reviewing his goals for the year, Tyrell and his manager discuss what training Tyrell might require to accomplish next year's goals.

Type of training: Developmental

Suzy is known for her highly rated employees. Everyone gets a performance rating of "outstanding," regardless of the work they have actually done. This is an example of a leniency error. Frame of Reference training will help the manager to evaluate performance more accurately.

Further Explanation:

For (1) and (2) A development training involves identifying areas employees need to improve on and organizing training programs to strengthen those skills that each employee needs to improve.

For (3), Leniency error is a rater's bias where the individual who does the rating has the tendency to rate people too positively.

For (4), Frame of Reference (FOR) training is a form of training that teaches how to produce accurate and reliable workplace-based ratings when assessing a performance It's aim is to improve the accuracy of the ratings of the individual responsible for the evaluation of employees.

5 0

3 years ago

Suppose you buy a 7 percent coupon, 20-year bond today when it’s first issued. If interest rates suddenly rise to 15 percent, wh

Mariana [72]

Answer: The value of the bond will decrease

Explanation:

The Interest rate has a negative inverse relationship with the value of a bond . When the interest rate increases the value of a bond decreases and when interest rate decreases the bond value increases. Bonds with low coupon rates tend to be more sensitive to interest rate changes this is known has coupon effect.

Bonds with long time frame (long term bonds), they also tend to be are more sensitive to changes in the interest rate this is known has the maturity effect. Therefore a change in the interest rate will cause a huge change in the value of a Bond with low coupon rate and long time period.

The Bond is a 20 year Bonds which qualifies it to be a long term bond and the coupon Rate is 7%, with these facts and knowing that long term bonds are more sensitive to interest rate changes we can conclude that the sudden increase of the interest rate to 15% will cause a huge decrease in the value of the bond

5 0

3 years ago

You are evaluating a fund that had an annual average return of 7.2%. During that time, the average risk-free rate was 1.5% and t

PilotLPTM [1.2K]

Answer:

Risk free rate(Rf) = 1.5%

Market return(Rm) = 8%

Beta(β) = 0.8

ER(P) = Rf + β(Rm – Rf)

ER(P) = 1.5 + 0.8(8-1.5)

ER(P) = 1.5 + 0.8(6.5)

ER(P) = 1.5 + 5.2

ER(P) = 6.7%

Alpha = Annual average return - ER(P)

= 7.2% - 6.7%

= 0.5%

Explanation:

In this case, we will calculate the expected return on the stock based on CAPM. Thereafter, we will calculate alpha by deducting the expected return from annual average return.

7 0

4 years ago

As part of PSM standards, hazard communication standards require employers who use hazardous chemicals to _____.

dusya [7]

As part of PSM standards, hazards communication standards require employers of different companies who use hazardous, unsafe and life threatening chemicals "to check, evaluate, classify and label each of those chemicals". These standards are developed and established by OSHA (Occupational Safety and Health Organization).

8 0

4 years ago