The correct option is c. In most companies, portfolio management is typically done at the SBU or product line level of the firm.
A company's ability to capitalize on the success of its project selection and execution is ensured by portfolio management. To accomplish strategic goals, it alludes to the centralized management of one or more project portfolios. A portfolio manager is a qualified individual tasked with selecting investments and managing investments on behalf of invested people or institutions. Clients put their money into a retirement fund, endowment fund, or education fund as part of the PM's investing strategy in order to develop it in the future.
In most companies, portfolio management is typically done at the SBU or ___________ level of the firm.
a. sales representative
b. corporate
c. product line
d. customer care
e. accounting;
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Answer:
Walter company Journal $
Date
Bond investment Dr 1,000,000
Bond premium Dr 50,000
Bank Cr. 1,050,000
Narration. Bond retirement at a premium of 5% over par.
Explanation:
The bond investment account is kept fixed at the amount at which it was subscribe, the corresponding interest are debited to income statement on payment to the bond holders.
In the same vein the retirement of the bond at a premium represents an expenses to the firm which has to be debited to the income statement on payment to the bond holders.
C) They are income distributed only to retirees who have worked a certain amount of years. A pension plan provides for future retirement income based on the employee's earnings and length of service with the company. This type of pension plan is termed as a defined benefit plan.
Answer:
The price she sold the bond is $1,001.47
Explanation:
The formula for yield return in given as ;
Yield to maturity= (Annual interest+ per value - market price ÷ numbers of years to maturity)/per value+ market price÷ 2
048 = (Selling price + [(.07 × $1,000)/2] - $989)/$989
Making selling price the subject of formula we have this as the abswer
Selling price = $1,001.47