Answer:
Option (b) 15.0 percent
Explanation:
Data provided in the question:
Value of the bonds issued in Philippines pesos (PHP) at par = 500,000
Coupon rate = 15 percent
Now,
In the given question the bonds are issued at par.
Also, over the life of the bonds the exchange rate remains stable and until maturity the bonds are held
Therefore,
the financing cost will be equal to the coupon rate of the bond. i.e 15%
Hence,
Option (b) 15.0 percent
The correct answer is that is will take 14 years for the savings account to double in value.
The rule of 70 is the concept that an investment will double in value in the amount of time that you get when you divide 70 by the annual interest rate. In this case you divide 70 by 5, which equals 14. Therefore, according to the rule of 70, it will take 14 years for this money to double in value.
Google has multiple internet browsers such as ‘Google’ and ‘Google Chrome’ which can access the google search engine. You can also access it through internet explorer, mozilla Firefox, and safari.
Alexander Maconochie initiated the concept of Good time.
Answer:
Lobbying
Explanation:
This is a tool used since the beginnings of political organized society. Nowadays it is considered a business practice and there are enterprises that use lobby to influence politicians in order to meet the objectives they want to attain with actions such as passing of bills.
