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Sonbull [250]
2 years ago
11

At base, the mainstream concept of poverty translates to a. sufficient hard currency but insufficient purchasing power. b. an al

most Calvinist self-betterment. c. unfulfilled material needs. d. an abundance of liquidity.
Business
1 answer:
nataly862011 [7]2 years ago
7 0

At base, the mainstream concept of poverty translates to c. unfulfilled material needs.

<h3>What is Poverty?</h3>

This refers to the financial state of not being able to afford the basic needs of a person.

Hence, at the base level, the mainstream concept of poverty translates to "not enough money in the pocket" which has to do with low or insufficient purchasing power and this leads to a list of c. unfulfilled material needs.

Read more about poverty here:
brainly.com/question/9640781

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The operations, management, and regulation of a financial conglomerate are the same irrespective of the types of services offere
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Many customers value fast, fresh, flavorful food that is free of preservatives, chemicals, and antibiotics. The marketing mix fa
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5 0
2 years ago
Whipple Corp. just issued 280,000 bonds with a coupon rate of 6.02 percent paid semiannually that mature in 25 years. The bonds
sesenic [268]

Answer:

529.64 million or $529,639,600 was received from the sale of bonds.

Explanation:

Money Raised from the sale is based on the current value of the bond. Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

As per given data

Face Value = $2,000

Coupon payment = $2,000 x 6.02% = $120.4 /2 = $60.2 semiannually

Number of period = n = 25 years x 2 period per year = 50 period

Yield to maturity = 6.46% annually = 6.46% / 2  = 3.23% semiannually

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $60.2 x [ ( 1 - ( 1 + 3.23% )^-50 ) / 3.23% ] + [ 2,000 / ( 1 + 3.23% )^50 ]

Price of the Bond = $1,483.51 + $408.06 = $1,891.57

Cash received = Number of bonds x Price per bond = 280,000 x $1,891.57 = $529,639,600

3 0
3 years ago
What is allowable self-employment plan contributions.
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