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Vikki [24]
3 years ago
15

. Which of the following individuals commonly use finance in the course of their job?I. Chief financial officersII. AccountantsI

II. Security analystsIV. Strategic managersA.I and II onlyB.III and IV onlyC.I and III onlyD. I, II, and III onlyE. I, II, III, and IV
Business
1 answer:
sergiy2304 [10]3 years ago
5 0

Answer:

E. I, II, III, and IV

Explanation:

Chief Financial Officer is the officer in charge of all the financial transactions who, monitor the business financially, so he uses his knowledge of finance in doing analysis and evaluation of the transactions.

Accountants do not only accounting but has also to perform the financial job many a times in calculating the amounts of each transactions.

Security Analysts are core finance related people, they basically evaluate each aspect in terms of finance of the security, how profitable it would, what are the related costs and benefits, etc:

Strategic managers use finance as to make the strategy that best suits the company to grow also further it helps the manager to take the decisions regarding the funds needed and the financial viability of the decisions to be made.

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The answer is Less.

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7 0
4 years ago
8-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments and have a par value of $1,000. If the
nexus9112 [7]

Answer:

Current price of bond is $1060.47

Explanation:

Coupon payment = 1000 x 8% = $80 yearly = 80/2 = $40 semiannually

Number of periods = n = 8 years x 2 periods per year = 16

Yield to maturity = 7% yearly = 7% / 2 = 3.5%

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$80 x [ ( 1 - ( 1 + 3.5% )^-16 ) / 3.5% ] + [ $1,000 / ( 1 + 3.5% )^16 ]

Price of the Bond = $80 x [ ( 1 - ( 1.035 )^-16 ) / 0.035 ] + [ $1,000 / ( 1.035 )^16 ]

Price of the Bond = $483.76 + $576.71

Price of the Bond = $1,060.47

7 0
3 years ago
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