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anygoal [31]
3 years ago
8

Omkara, a furniture manufacturer, contracts with foam gnome for $50,000 worth of foam, which omkara will use for making ten sofa

s she has agreed to make for dukeâs furniture. a day before gnome is going to ship the foam to omkara, a flood destroys its entire inventory. gnome tells omkara it cannot send her the foam in time, but tells her that firmfoam can supply her with an identical shipment for $65,000. this increase in price will wipe out twenty percent of omkaraâs profit from her contract with dukeâs. omkara wants to get out of both contracts. can she
Business
1 answer:
snow_tiger [21]3 years ago
8 0
In this situation, it would be a breach of contract if G<span>nome would require </span>Omkara<span> to pay a higher price than the agreed price. They have already contracted the price and they both agreed to it. </span>Omkara<span> can enforce her right to the contract claiming that she will only pay the $50000 because it is what they have agreed upon.</span>
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When the coupon rate on newly issued bonds ________ relative to older, outstanding bonds, the market price of the older bond ___
azamat

Answer:

The Answer is B) Rises in the secondary market decreases.

                                 

Explanation:

When the coupon rate on newly issued bonds<u> decreases</u> relative to older, outstanding bonds, the market price of the older bond rises in the <u>secondary market.</u>

<u></u>

A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate

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Cheers!        

4 0
3 years ago
Determine the future amount if $240,000 is to be received 5 years from today, at 10 percent annual interest.
Novosadov [1.4K]
The future value of a given amount of money at a simple interest rate r% after t years is given by the formula: FV = PV(1 + rt), where PV is the present value of the money, r is the rate and t is the time.
FV = PV(1 + rt)
FV = 240000(1 + 0.1 x 5)
FV = 240000(1 + 0.5)
FV = 240000(1.5)
FV = 360,000

Therefore, the future amount of $240,000 received 5 years from today at 10 percent annual interest is $360,000
4 0
3 years ago
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