CELL is the smallest level.........
An extended period of little or no growth in GDP, wages, and prices is a period of stagnation.
When real economic growth is less than 2% annually it is considered stagnation. Stagnation is a prolonged period of little or no growth in an economy. This no growth economic period affects various sectors of the economy such as GDP, wages, prices etc.
Stagnation can occur as a temporary condition, such as a growth recession or temporary economic shock. Stagnation is a situation which occurs within an economy when total output is either flat, declining, or growing slowly.
Hence, stagnation in economy can occur due to a number of causes.
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The two primary factors affecting an entrepreneur choice of legal ownership for a venture are TAXES AND LEGAL LIABILITY.
The type of business that an entrepreneur establish will determine the type and the amount of tax that it will be required to pay. The legal liability of the entrepreneur determines the extent to which he can be liable in case he finds himself in a financial mess. The entrepreneur should try and minimize the impacts of these two factors.
Answer:
$1,035,459.51
Explanation:
First we must determine the issuing value:
- cash flow 1 = $60,000
- cash flow 1 = $60,000
- cash flow 1 = $60,000
- cash flow 1 = $60,000
- cash flow 1 = $1,060,000
using an excel spreadsheet to calculate the bond's price with a discount value of 5%:
the bonds were sold at $1,043,294.77
the effective interest expense = bond's price x market interest = $1,043,294.77 x 5% = $52,164.74
bond's value = bond's price - (coupon payment - effective interest) = $1,043,294.77 - ($60,000 - $52,164.74) = $1,035,459.51