Answer:
$875
Explanation:
Generally, the relationship can be expressed as interest rate = Coupon Payment / Face Value.
Initially a 7% market rate a investor gets 7% which gives a coupon payment of $70 because the face value of 1000.
Hence 70/1000 = 7%
Subsequently with the interest rate change, we can look for the bond price.
Substitute 8% for the interest rate and find the revised bond value which will fall as rate increases
$70/bond price = 8%
Then $70/ bond price = 0.08
0.08 x bond price = $70
bond price = $70 / 0.08 = $875
Answer:
I think that solid analytical skills are easily transferable. So, there is no problem in crossing over to the newer approach.
Explanation:
An experienced analyst possesses core analytical skills such as researching, critical thinking, adaptability, eye for detail and strategy.
Now, the introduction of object modelling which differs from their current procedure will require a general orientation and if need be a thorough training on their part to get used to.
A skilled analysts, they can easily cross over to the new approach of object modeling which involves designing and developing object oriented software modeled from objects in the real world.
This would be a focused growth strategy. P&G is divesting of some of their brands so that they can pay more attention to (focus on) their core brands. Sometimes businesses expand too much and lost the essence of what the company was founded upon.
I would say that the stock market deals with selling and buying shares according to the confidence of the shareholders in say the price of metals and the quality of the companies' assets, whereas for currency exchange, it is based on the exchange rates between currencies and converting one to the other.