Answer:
Account. Manage your money.
Card. Spend anywhere.
Budgeting. Save money and time.
Add Funds. Cash into your account.
Payments. Bank transfers.
Security. Safe money.
Explanation:
Answer:
€928.46
Explanation:
Since it was hinted that bonds issued outside of the United States pay coupons annually, it is expected that the bonds issued in Germany pay annual coupons, and its price is computed below using the bond price formula, excel PV function, and financial calculator:
Bond price=face value/(1+r)^n+annual coupon*(1-(1+r)^-n/r
face value=€1,000
r=yield to maturity=8.7%
n=number of annual coupons in 10 years=10
annual coupon=face value*coupon rate=€1,000*7.6%=€76
bond price=1000/(1+8.7%)^10+76*(1-(1+8.7%)^-10/8.7%
bond price=1000/(1.087)^10+76*(1-(1.087)^-10/0.087
bond price=1000/2.30300797+76*(1-0.43421474)/0.087
bond price=1000/2.30300797+76*0.56578526/0.087
bond price= 434.21+494.25= €928.46
Excel PV function:
=-pv(rate,nper,pmt,fv)
=-pv(8.7%,10,76,1000)
pv=€928.46
Financial calculator:
N=10
PMT=76
I/Y=8.7
FV=1000
CPT PV=€928.46
Answer:
The correct word for the blank space is: market cannibalization.
Explanation:
Market cannibalization refers to the loss of revenues as a result of the introduction of a new product by the same company. The initial purpose of the firm is to spread its market share but the product introduced is so similar or covers the same need than the previous that it ends up replacing it instead of acquiring more consumers.
Market cannibalization also takes place when franchises of the same firm open stores too close to each other than one of them ends up capturing all consumers which replace the first store operating in the area.
