Answer:
A. No, this was a unilateral mistake of fact by Sid.
The answer for this question is: <span>Competition tends to drive down prices and improve quality
When free trade exist, every businesses must heavily compete in order to win the customers' favor.
In order to obtain the favor, a couple of things that they could do are lowering their price in comparison to their competitor and improve the products that they made.</span>
Answer:
$918.48
Explanation:
price of bond A after the interest rate increased to 5% and the time to maturity is 3 years:
PV of face value = $1,000 / (1 + 5%)³ = $863.84
PV of coupon payments = $20 x 2.7232 (PV annuity factor, 5%, 3 periods) = $54.46
Market value of bond A = $863.84 + $54.46 = $918.48
Since the market rate is higher than the coupon rate, the bond will sell at a discount.
.............................................................Budget Challenge?
Call wherever you wanna work, and be like "Hey, are y'all hiring" and based on what they say, then you can go to the place, ask for an application ,fill it out, and then bam.
