Answer:
Commercial business.
Explanation:
An institution that facilitates the channeling of funds between lenders and borrowers indirectly. And this all are the examples of the same.
Banks.
Mutual savings banks.
Savings banks.
Building societies.
Credit unions.
Financial advisers or brokers.
Insurance companies.
Collective investment schemes.
cooperative societies
Stock exchanges
Commercial business is not a financial intermediary, but this includes the distribution of goods & services and this include all the asset and liabilities of the business and doesn't take into account the operations.
Cheaters in cartels make more profit when the other cartel members keep their promises. Thus, option D is correct.
<h3>What are Cartels? </h3>
A cartel is a group of separate companies or social groups that combine to fix prices on goods or services. Within the same sector, cartels compete and work to lessen that rivalry by setting prices in accordance with themselves.
A cartel is an entity with no ethics, which means it often includes cheaters who tend to earn more money than the ones who keep promises. Therefore, option A is the correct option.
Learn more about cartels, here:
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The question is incomplete, the options are:
A)more; break
B)less; keep
C)zero; break
D)more; keep
The correct answer that would best complete the given statement above is option D. One drawback of a personal marketing survey is that the answers may be influenced by the interviewer. A personal marketing survey is a research done to provide clients with high quality market research emphasizing on the client's needs and a consistent commitment to excellence.
Answer:
if YTM at 4% price : $2,902.1237
if YTM at 8% price : $1,788.0448
The bonds are above face value asthey offer a higher coupon payment than the market yield therefore the bond holders are willing to pay above theri face value
Explanation:
the market price of the bond will be the present value of coupo payment and maturity:
C 150.000
time 30
rate 0.04
PV $2,593.8050
Maturity 1,000.00
time 30.00
rate 0.04
PV 308.32
PV c $2,593.8050
PV m $308.3187
Total $2,902.1237
No we repeat the process with the yield at 8%
C 150.000
time 30
rate 0.08
PV $1,688.6675
Maturity 1,000.00
time 30.00
rate 0.08
PV 99.38
PV c $1,688.6675
PV m $99.3773
Total $1,788.0448
