To solve: use the simple interest calculation.
interest earned over the life of the bond = (bond price)(coupon rate)(years)
= (2,000)(0.04)(20)
= $1,600
So after 20 years on a 4% coupon bond starting at $2,000 Muriel will earn $1,600 in interest.
Based on writing standards, the inquiry letter for purchase should begin with the sender's address and be written like a formal letter.
<h3>Structures of Letter of Inquiry.</h3>
- The sender's address should be written at the beginning of the letter, followed by the receiver's address.
- The letter must contain all the elements of the enquiring item, including their quantities.
- There must be the date and address of the receiver included.
- The letter's subject must be written clearly before the letter's content.
- Ensure you provide the expected salutation at the beginning of the letter.
- Write clearly and straightforward.
- Provide reasons and inquiry descriptions.
- Add your signature, name, and designation at the end of the letter.
Hence, in this case, it is concluded that there are specific ways to write a good inquiry letter.
Learn more about Inquiry Letter here: brainly.com/question/4208084
Answer:
2.88%
Explanation:
According to the fisher equation :
(1 + Nominal interest ) = (1 + real interest) (1 + inflation rate)
(1.07) = (1.04) x (1 + real interest)
(1.07) / (1.04) = (1 + real interest)
1.028846
real interest rate = 2.88%
Answer:
b. When there is a lack of importance of the buyer to the supplier group
Explanation:
According to Porter there are five forces that can cause rivalry in a production industry. These are supplier power, threat of new entrants, buyer power, threat of substitutes, and degree of rivalry.
Supplier power is when suppliers are able to benefit from the producers by increasing prices of inputs and gaining some industry profit. Since suppliers supply input and labour to the producer they have a greater control of there is lack of importance of the buyer to the supplier group.
This means that the supplier group has more control on price and quality it supplies to the buyer with buyer having little choice but to buy.
If however buyer is more important to the supplier it means they can control price and quality of inputs
