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kakasveta [241]
3 years ago
13

Five years ago, you purchased a $1,000 par value corporate bond with a coupon interest rate of 6 percent. Today comparable bonds

are paying 6.5 percent. What is the approximate dollar price for which you could sell your bond?
Business
1 answer:
Pani-rosa [81]3 years ago
8 0

Answer:

$923.077

Explanation:

Data provided in the question:

Face value of the bond = $1,000

Interest rate = 6% = 0.06

Comparable interest rate = 6.5% = 0.065

Now,

The amount of annual interest  on the bond

= Face value × Interest rate

= $1,000 × 0.06

= $60

Therefore,

the approximate dollar price for selling the bond

= ( Dollar amount of annual interest ) ÷ ( Comparable interest rate )

= $60 ÷ 0.065

= $923.077

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'Nagia Steel Pvt. Ltd.' has divided the whole of its business into five departments. Now the
iVinArrow [24]

Answer:

Generally speaking, there are five functions of Management. They are:

  • Setting Objectives
  • Planning
  • Execution
  • Measurement
  • Control

The two functions of management identifiable from the passage are:

  1. The setting of Objectives and
  2. Control

Explanation:

Objectives in business are multilateral in nature. They speak to

  • Identifying where the company wants to go
  • How the company is going to get there
  • Who the company will need to get there and
  • What the company will need to get there

In the passage above, the company via it's general manager is defining clearly those the company will need and what each person's role is in helping to achieve such objectives

It is not the responsibility of the employee to define his or her own job or objectives. It is the responsibility of Management.

With regard to the second function which we will identify as Control, when management admits employees, there has to be structure otherwise there would be chaos.

It is the function of management to clearly define reporting lines. Who reports to whom? Who is responsible for overseeing who? Who will lead what team? etc.

We see from the passage that the general manager distributed jobs according to each employees ability. And in doing so also defined reporting lines.

This is an example of the Control function of management.

Cheers!

3 0
3 years ago
As an employee of new hampshire industries, kathleen has an opportunity to invest pre-tax income in an employer-sponsored retire
nadezda [96]
Payroll savings plan( psp)
4 0
3 years ago
Read 2 more answers
A person needing help in planning a retirement program, setting aside educational funds, and deciding where and how much to inve
Komok [63]
Hello there!

The correct answer is D. All of the above organizations provide these services.

Hope This Helps You!
Good Luck :)
4 0
3 years ago
What is the problem with creating a promotional message to use for all countries?
Soloha48 [4]

Answer:

Different countries have different advertising/promotional laws. Plus you have no target market if you're creating a promotional message to use for all countries. Also, assuming if your promotional message inspired, say a person in Africa, a person in Russia, a person in China, and a person in Japan bought a product from your promotion, you would have to ship to all of those countries with extreme shipping rates.

5 0
3 years ago
Wallace Heating is attempting to estimate its costs of manufacturing heating ducts for the coming year using the high-low method
Anna11 [10]

Answer:

Variable Cost per hour is $4.86

Explanation:

given data

Highest Cost = $27,049

Lowest Cost = $19,772

Highest Cost Driver = 4,168  hours

Lowest Cost Driver =  2,672  hours

solution

we get here Variable Cost per hour that is express as

Variable Cost per hour = (Highest Cost - Lowest Cost) ÷ (Highest Cost Driver - Lowest Cost Driver)   ......................1

put here value and we get

Variable Cost per hour = \frac{27049-19772}{4168-2672}    

Variable Cost per hour = \frac{7277}{1496}    

Variable Cost per hour = 4.86

so Variable Cost per hour is $4.86

5 0
3 years ago
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