Answer:
Of course Jo-Anne Roberts can keep the apartment.
Explanation:
Jo-Anne and the previous owner of the apartment had a valid contract by which Jo-Anne was to pay $3.7 million for the apartment. She has already partially completed her performance on the contract, so the seller must perform his part of the contract.
The reason why Coca-Cola structured their stock options as they did was to encourage employees not to sell their options.
<h3>
</h3><h3>Why did Coca-Cola issue options at close to market price?</h3>
When options are redeemed and sold, it works to decrease the price of stock thanks to the increased supply of stock in the market.
Coca-Cola therefore granted their options at close to market value so that employees would be encouraged to hold their stock options instead of redeeming them and decrease share price.
Find out more on granting options at brainly.com/question/13573990.
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Answer:
Discount yield is 8%
Bond equivalent yield is 8.19%
Explanation:
The discount yield on the commercial paper is calculated as:
(($500,000 - $495,000)/$500,000 ) x (360/45)
= ($5,000/$500,000 x (360/45)
= 0.01 x 8
= 0.08
= 8%
And bond equivalent yield is calculated as:
(($500,000 - $495,000)/$495,000) x (365/45)
= ($5,000/$495,000) x 8.11
= 0.0101 x 8.11
= 0.0819
= 8.19%
