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4 years ago

15

A. Monique balls is paid an hourly rate of $17.63 for a regular time work. What will her time and a half hourly rate for overtim

e work?
B. What will be her double-time hourly pay rate for overtime?

1 answer:

charle [14.2K]4 years ago

4 0

The answer is $26.44 per hour for double time hourly.

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2 years ago

Pension funds pay lifetime annuities to recipients. If a firm will remain in business indefinitely, the pension obligation will

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Answer:

Duration of liability (perpetual) = (1 + y) / y

= (1 + 17.5%) / 17.5%

= 6.71

Value of liability = Cash Flow / yield

= $3.5 million / 17.5%

= $20 million

a. Assume you invest w in 5-year bond and 1-w in 25-year bond such that the duration of the portfolio is 6.71

6.71 = w x 4 + (1 - w) x 16

w = (16 - 6.71) / (16 - 4)

w = 77% in 5-year bond

1 - w = 28% in 25 year bond

Market Value of 5 year bond = 77% * $20 million = $15.4 million

Market Value of 20 year bond = 23% * $20 million = $4.6 million

b. Market Price of 20 year bond can be calculated using PV function on a calculator

N = 25, I/Y = 17.5%, PMT = 9, FV = 100

Price = Present Value (25,17.5%, 9 ,100)

Price = 52.29042644

Price = $52.30

Par Value of 25 year bond = Market Value /% Price

Par Value of 25 year bond = $4.6 million / 50.83%

Par Value of 25 year bond = $9,049,774

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3 years ago

The term ________ refers to a company's efforts to reach distribution channels and target customers through communications such

amm1812

Answer:

A)social marketing

Explanation:

Social marketing involves all the activities a company does in order to reach more clients.

Activities such as relations, marketing through social media, personal selling (through the use of personal connections), direct marketing, etc.

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4 years ago

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Nadine works for an accounting firm. she makes enough money for herself and has bought a house with a top-notch security system.

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