Answer:
97.37 SF
Explanation:
Swiss bond purchase price = 1,000 SF
Swiss bond current value = PV at maturity + PV of coupon payments = (1000 / (1 + 0.10)^7) + (80 * (1 - (1 + 0.1)^-7) / 10% = 513.16 + 389.47 = 902.63 SF
Loss to investor who holds Swiss bond for a year = 1,000 - 902.53 = 97.37 SF
Answer:
$951.02
Explanation:
We use the present value formula that is shown on the attachment. Kindly find it below:
Data given in the question
Future value = $1,000
Rate of interest = 5.3% ÷ 2 = 2.65%
NPER = 15 years - 1 year × 2 years = 28 years
PMT = $1,000 ×4.8% ÷ 2 = $24
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $951.02
Foward Inc uses a <u>Functional structure</u> to organize its sales force
Explanation:
- It is one of the Most common type of organizational structure.
- In this type of structure the employees are given roles/task as per their specialization.
For example:A employee who specializes in Human Resource management will work as a Human Resource Manager.
Similarly a employee who specializes in Finance can play the role of a Mutual Fund Advisor ,Wealth Manager.