Answer:
Bond M= $21,914.32.
Bond N= $6,131.14
Explanation:The price of any bond (or financial instrument) is the PV of the future cash flows. Even though Bond M makes different coupons payments,to find the price of the bond,we just find PV for the cash flows
Answer:
C.good
Explanation:
A business can offer either goods or services. Goods are tangible products that can be touched, seen, smelled, eaten, etc., depending on the product, e.g. Coke, chocolate, cars, etc. Services are intangible, meaning that they cannot be seen or touched, they are experienced, e.g. going ot the movies, staying at a hotel, etc.
Answer: Sales orientation
Explanation:
A firm that makes use sales orientation is focused on making its products and services very good and affordable. When a sales orientation strategy is adopted, the goal is to sell many goods and services without the firm worrying about marketing to its target audience.
The idea is that by making a product or service that is superior and being sold at the right price, which is combined with aggressive sales tactics, firms can convince people to purchase whatever they are selling. With the explanation, we can infer that the company Harvey works for uses a sales orientation.
Answer:
The selling price should be $66K.
Explanation:
Capital Budgeting defines the future value as present value times the interest rate over the years FV=(1+i)^n, the following table shows both future values for Neighbor’s house and mine to calculate the differences.
Future value (FV) = Present value (PV) + (1 + Interest rate)n, where n is raised to the power of the number of years.
FV = PV +p (1+r) -30
PV = 60000
= $60000 (1+0.075) - 30
= $60000 (0.11422)
= $6859.26 + $60000
= $66853.26
.
Given this estimate, my selling price will now be $66K, making a profit of $5K, this way the future seller can either choose to buy my home or any other in the neighborhood since the future value will be the same even though the interest rate is 0.5% higher.
