It is true that the narrative pattern of organization is particularly effective when addressing a sympathetic audience.
The narrative pattern refers to the fact that you are organizing your speech or writing around a particular story that you want to tell. You want your audience to perhaps learn something from your story, to get your message, and it will be particularly successful if your audience is a sympathetic one.
Answer:
$1,423.39
Explanation:
For computing the current bond price we use the present value formula i.e to be shown in the attachment below:
Given that,
Future value = $1,000
Rate of interest = 6% ÷ 2 = 3%
NPER = 13 years - 1 year = 12 years × 2 = 24 years
PMT = $1,000 × 11% ÷ 2 = $55
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After applying the above formula, the current bond price is $1,423.39
This is an example of Churning.
<h3><u>
What is Churning?</u></h3>
- Churning, or excessive trading of assets in a client's account by a broker to generate commissions, is an unlawful and unethical practice.
- Churning cannot be quantified, it may be demonstrated by the repeated purchasing and selling of stocks or other assets that fall short of the client's investing goals.
- Churning is the practice of exchanging assets excessively in a client's brokerage account in an effort to earn commissions.
Learn more about churning with the help of the given link:
brainly.com/question/10845172?referrer=searchResults
#SPJ4
Explanation:
<h3>The personal and social costs of unemployment include severe financial hardship and poverty, debt, homelessness and housing stress, family tensions and breakdown, boredom, alienation, shame and stigma, increased social isolation, crime, erosion of confidence and self-esteem, the atrophying of work skills and ill-health ...</h3>
