Answer:
8%
Explanation:
Calculation to determine the stated annual rate of interest on the bonds
First step is to calculate Semi annual coupon rate
Semi annual coupon rate= 400 ÷ $10,000
Semi annual coupon rate= 4%
Now let determine the Annual rate of interest
Annual rate of interest= 4% × 2 (Semiannually)
Annual rate of interest= 8%
Therefore the stated annual rate of interest on the bonds is 8%
I interviewed a successful salon owner, and this is what determine her success according to her :
- Persevere , do not give up if somehow something doesn't go how you want it to be
- Care about your customer, and your business should live to fulfill what they need from you
hope this helps<span />
Answer:
Switching cost
Explanation:
Switching cost is defined as the cost that is incurred in the course of changing from one supplier to another.Switching cost can be in monetary terms like compensation and termination fees and also in non monetary terms like time , effort and psychological stress.
In the given scenario , the defined activities of Right foods and the intention of Ralph clearly point out the process of potential switch of suppliers , even as the potential switching cost of $0.5 million for termination and $100,000 for replacing of software and retraining of staff are apparent.