Answer:
superseding or intervening event
Explanation:
A superseding or intervening event refers to an event that occurred after the initial negligent event that caused the injury or the accident. If this intervening event causes further injury or damage, the tortfeasor is not responsible for it.
The golfer (tortfeasor) is responsible for hitting the spectator (initial negligent act), but the lightning hitting him/her while lying on the floor is considered a superseding event and the golfer is not responsible for any damages caused by the lightning.
<span>According to study as of 2016, there are seventeen (17) states that regulate medical marijuana dispensaries that are currently open in the United States. These seventeen states have at least one medical marijuana dispensary that varying the product laws. But there twenty-three (23) who regulates some form of medical cannabis sales despite federal laws. As for recreational dispensaries, today there were five states that currently regulate recreational sellers, these are the stores where any adult with the age of 21 and above can enter and purchase cannabis.</span>
Answer:
Face value of bond = 100
Years of maturity = 4
Market value = 106
Coupon frequency = 2
Semi annual coupon = 12
1. Current yield = Semi-annual * Coupon frequency / Market value
Current yield = 12 * 2 / 106
Current yield = 0.2264150943396226
Current yield = 22.64%
2. YTM = 2*Rate(Years of maturity*Coupon frequency, Semi annual, - market value, FV, 0)
YTM = 2*Rate(4, 2, 12, -106, 100,0)
YTM = 0.2168
YTM = 21.68%
3. Capital yield = Current yield - YTM
Capital yield = 21.68% - 22.64%
Capital yield = -0.96%
You have to go to the bank