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8 months ago

Can a person work as an agent for two different people with conflicting interests?

Business

1 answer:

ad-work [718]8 months ago

3 0

Yes, a person can work as an agent for two different conflicting interests.

Conflicts of Interest occur when an individual's private interests - financial, family, friendships, and other social factors, could compromise the individual's judgment, actions, or decisions in the workplace. It doesn't make it a conflict of interest if you perceive a conflict of interest. they are a clash that often occurs between interests and requirements.

the person can work for two different people with interests as an agent until he or she discloses the principles that he or she is representing both principals and persons agree to the dual relationship.

To know more about conflict of Interest refer to the link brainly.com/question/15544718?referrer=searchResults

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If you could have an all-expenses paid trip to see any famous world monument, which monument would you choose?

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Answer:

leaning tower of pisa

Explanation:

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2 years ago

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Bond Yields and Rates of Return A 30-year, 10% semiannual coupon bond with a par value of $1,000 may be called in 4 years at a c

Nookie1986 [14]

Answer:

The bond's yield to maturity is 9.45% using Excel to get exact values, and 9.59% using approximate method.

Explanation:

We can calculate is using 2 ways, using Excel to get the exact percentage or with approximate methods, calculating the semi-annual Yield to Maturity using the following formula

$YTM_{sm} =\cfrac{PMT+\cfrac{FV-PV}n}{\cfrac{FV+PV}2}$

And from there we can calculate the Yield to Maturity just by multiplying the semi-annual one by 2.

Identifying the given information.

We have a period of 30 years, so for the semiannual bond we have $n=2(30) = 60$ periods.

The face value, FV, is $1000, the coupon rate is 0.10, thus we can use them to find the interest per period PMT.

$PMT=0.10 \times \cfrac{1000}{2}\\PMT=\$ 50$

The current price of the bond, PV is $1050.

Replacing the values on the semiannual Yield to Maturity

$YTM_{sm} =\cfrac{PMT+\cfrac{FV-PV}n}{\cfrac{FV+PV}2}$

$YTM_{sm}=\cfrac{50+\cfrac{1000-1050}{60}}{\cfrac{1000+1050}{2}}$

Simplifying we get

$YTM_{sm}=4.797\%\\$

Finding the Yield to Maturity.

We can just multiply by 2 to get the Yield to Maturity from our previous result and rounding it to 2 decimals we get

$YTM = 2 YTM_{sm}\\YTM=9.59\%$

Alternatively we can use Excel and write:

RATE(n, PMT, PV, FV)*2

That is

RATE(60,50,1050,1000)*2

And we will get the exact Yield to maturity 9.49%

3 0

2 years ago

Several market participants interact in developed markets to organize the exchange of funds from buyers to sellers. Such institu

Sedaia [141]

Answer:

Description:

They underwrite, distribute, and design investment securities for corporations to help them raise capital.

Financial Institution: Investment banks

Description:

They are established by an employer to facilitate and organize employee retirement funds. They are asset pools that invest in securities that have a potential to give stable returns.

Financial Institution: Pension Funds

Description:

With the use of advanced investment techniques, these largely unregulated portfolios are invested in securities. The investment objective is to offset potential losses by investing in counterbalancing securities. They are open to only a select class of investors.

Financial Institution: Hedge Funds

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2 years ago

Manuel Rios wishes to determine how long it will take an initial deposit of $13 comma 000 to double. a. If Manuel earns 9% ann

Lorico [155]

Answer:

See Below

Explanation:

This is a problem of compound interest. The formula is:

$F=P(1+r)^t$

Where

F is the future value

P is the present value

r is the rate of interest

t is the time in years

P = 13,000

To double his money, that means, F = 26,000

Now, r = 9% = 0.09, so time it takes:

$F=P(1+r)^t\\26,000=13,000(1+0.09)^t\\2=1.09^{t}\\t=\frac{Ln(2)}{Ln(1.09)}\\t=8.04$

So, its gonna take about 8.04 years to double

Similarly, here we just use r = 0.06, so the calculation is:

$F=P(1+r)^t\\2=1.06^t\\t=11.9$

So, its gonna take about 11.9 years to double

Here, the r is 11% or 0.11

So, the time it will take:

$F=P(1+r)^t\\2 = 1.11^t\\t=6.6$

So, it is going to take about 6.6 years to double

The amount of time it takes to double his money decreases as the interest rate increases and the time increases as interest rate decreases.

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2 years ago

On average, 35% of the sales on account are collected in the month of sale, 40% are collected in the month following sale, 10% a

stellarik [79]

Answer:

35% of sales(say $2,000,000) in April

$700,000

Explanation:

Step one :

Assuming that the sales made for April is $2,000,000

According to the conditions in which money is collected 35% of sales made for a month is collected for the month

For april the expected amount

=35/100*2,000,000

=$700,000

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2 years ago

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