Answer:
Their study of data from the Gallup-Healthways Well-Being Index found that while “life evaluations rise steadily with income,” emotional well-being drops off at about $75,000 a year. Beyond $75,000, money is important for life evaluation but does nothing for happiness, enjoyment, sadness, or stress.
Explanation:
Answer:
firms compete on multiple dimensions like price, quantity, and product attributes.
Explanation:
Price, product and place are common factors used by firms to establish a competitive advantage over other strategic groups within the same industry. These factors enable a firm to establish a long term projection plan for their products and services in a competitive environment.
Answer:
4.92%
Explanation:
we have to calculate the market price of the bond in one year from now but in order to do this we have to calculate the yield to maturity:
YTM = {80 + [(1,000 - 750)/10] / [(1,000 + 750)/2] = 105 / 875 = 12%
the market price of the bond in one year is:
PV of face value = $1,000 / 1.12⁹ = $360.61
PV of coupon payments = $80 x 5.3282 (PV annuity factor, 12%, 9 periods) = $426.26
market price one year from now = $786.87
capital gains yield = ($786.87 - $750) / $750 = 4.92%
