It Means you’re staying up-to-date on what you pay for and what leftover money you will have possibly?
Answer:
6%
Explanation:
Data provided as per question is as given below:-
Redeemed amount = $1,000
Sale value of Bond = $687.25
Number of year = 5
The computation of interest rate is as shown below:-
Interest rate = (Redeemed amount ÷ Sale value of bond) ^ (1 ÷ Number of Year) - 1
= (1,000 ÷ 747.25) ^ (1 ÷ 5) - 1
= (1.338) ^ (0.2) - 1
= 0.06
= 6%
Answer:
A. Product Focus
Explanation:
In business, product focus is an approach that operations, strategies and metrics in the terms of the product . High volume, low variety production is best suited for product focus production because the facilities are organized around the finished product. Firms that use this approach usually operates in high levels of standardization and quality control. This are usually associated with manufacturing and firms that continually improve products to stay relevant in an industry.
To solve for the current yield, we must do the following
steps:
1.
Get the interest of the preferred stock.
100 x 0.06 = 6
2.
Now if you get the interest, divide this by the
amount of the current selling price of the stock.
6 / 102 = 0.0588
3.
Just convert this into percentage.
0.0588 x 100 = 5.9%
Nope I’m in middle school