Answer:
Utility
Explanation:
Utility is an economic term used to represent satisfaction or happiness. Marginal utility is the incremental increase in utility that results from consumption of one additional unit.
The cover letter should be short and direct.
<u>Answer:
</u>
The invention of the car is an early example of disruptive technologies.
<u>Explanation:
</u>
- The technologies that successfully break a certain long-running trend to start another successfully can be termed as disruptive technologies.
- The rate of acceptance of such technologies is initially the lowest but they thrive very soon to completely replace the existing methods in use.
- Disruptive technologies are often more efficient than their older alternatives and that is why they are deemed as profitable.
Answer:
Current yield = 0.05238 or 5.238% rounded off to 5.24%
option B is the correct answer
Explanation:
The current yield is the return on investment in form of interest or dividend expressed as a percentage of the current market value of the instrument. Thus the formula for current yield on a bond will be,
Current yield = Interest per year / Current market price
Assuming that the value of bond is 100. The interest or coupon payment on bond will be = 100 * 5.5% = $5.5 per annum
Current yield = 5.5 / 105 = 0.05238 or 5.238% rounded off to 5.24%
