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Bingel [31]
3 years ago
11

A bond that pays interest annually yielded 6.01 percent last year. The inflation rate for the same period was 3 percent. Given t

hat information, the actual real rate of return on this bond for last year was _____percent.
Business
1 answer:
Schach [20]3 years ago
6 0

Answer:

2.3%

Explanation:

The computation of the actual real rate of return is shown below:-

Actual real rate of return on this bond for last year = ((1 + Nominal rate of interest ) ÷ (1 + Inflation rate of return)) - 1

= ((1 + 0.0601) ÷ (1 + 0.03)) - 1

= 1.0601 ÷ 1.03 - 1

= 1.023 - 1

= 0.023

or

= 2.3%

Therefore for computing the actual rate of return we simply applied the above formula.

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Another restaurant manager says to you, "I’ve heard that Barcelona has a three-step hiring process. Candidates first have an int
Hoochie [10]

Answer:

Both steps give candidates a realistic preview of the job.

Explanation:

The purpose of both steps is to provide potential candidates a realistic and practical preview of the job opening. In the first step Scott does most of the talking, that means that he probably explains in detail how the restaurant works. On the second step, the candidates are taken to the restaurant to be able to see by themselves how it really is to work there.

This hiring approach increases commitment on the candidates and it provides them with a realistic job expectation about what Scott and the other employees expect them to do.

5 0
3 years ago
“ contact at least three banks in your community. what is the highest interest-rate you can earn on a passbook savings account?”
luda_lava [24]

Answer:

The Highest interest rate you can earn on a passbook savings account is 5%

Explanation:

According to the research of 5 Financial institutions in New York the Annual Percentage Yield of a Passbook savings account goes from 1% to 5%.

Bank                                         APY

Apple Bank for Savings          0.10

Emigrant Bank                  0.40

Investors Bank                  0.50

Provident Bank                  0.50

Queens County Svgs Bk  0.50

5 0
4 years ago
The managerial purpose of setting objectives include: Select one: a. Converting the strategic vision into specific performance t
Aleksandr [31]

Answer: d. All of these

Explanation:

Objectives are very important in ensuring that a company achieves that which it wants to achieve. With an objective in mind, the company is able to set deadlines that it can work towards to enable it achieve performance results. Without objectives, there would be no aim in sight to work towards which means that performance cannot truly be measured.

Objectives also help turn a company's strategic vision into actual performable targets which will enable the company achieve its long term goals by breaking the activities into doable segments.

Finally with an objective in mind, employees will be spurred towards it which will enable them to try to perform at full potential and deliver the best results so that they may reach the objectives set.

7 0
3 years ago
If a game is not sold out, the marginal costs to a team accommodating one more fan is(a) Almost infinite.(b) Half the average ti
rosijanka [135]

Answer:

(c) Essentially zero.

Explanation:

The cost of accomodating one more fan in a stadium that is not at full capacity (the game is not sold out) is almost zero because the stadium has the infraestructure to accomodate hundreds or thousands of fans.

The only cost is probably cleaning after the fan in case he or she throws away something in in or around his or her seat.

4 0
3 years ago
​Mid-Town Auto Parts Company uses the direct method to prepare its statement of cash flows. Refer to the following information r
Lera25 [3.4K]

Answer:

Collection from Customers =$487,000

Explanation:

Collection from Customers=account receivable beginning balance+sales revenue-account receivable ending balance

=97000+$519,000-$65,000

=$487,000

7 0
3 years ago
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