If we are hired by an organization, we would be least hurt by inflation if "the government increases social security retirement payments in anticipation of expected inflation".
<h3>What is
social security retirement payments?</h3>
Benefits from Social Security offer qualified retired adults and those with disabilities, as well as their spouses, children, and survivors, a portion of a replacement income.
To be eligible for benefits, a person must contribute to the Social Security system during their working years and accumulate 40 credits.
The role of social security in protecting against inflation are-
- Because Social Security benefits are adjusted to the Consumer Price Index for Urban Wage Earners and Clerical Workers, it is often assumed that recipients are protected from inflation (CPI-W)
- A cost-of-living adjustment (COLA) is a yearly increase to your benefit that Social Security calculates based on inflation, if any, in addition to any calculations based on your earnings.
- Social Security replaces a percentage of your pre-retirement income based on their lifetime earnings.
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When a bond is trading at a premium, then the coupon rate is higher than the current yield and the yield to maturity.
<h3>How does a bond trade at premium?</h3>
For a bond to trade at premium, the coupon rate would have to be higher than the yield to maturity and the current yield.
Such a bond would trade at premium because the present value of the bond would be more than the par value thanks to the coupon being larger than the discount rate which is the yield to maturity.
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Answer:
Spiritual
Explanation:
The Human Services career cluster include professional involved in beauty and human wellness. Some job titles in this cluster include psychologists, members of the clergy, social workers, hairdressers, and cosmetologist. Working in this cluster requires one to have good interpersonal and listening skills. One has to be patient and show empathy toward others.
The working environment in this cluster revolves around hospitals, worship places, saloons, and beauty parlors.
The area of business that deals with how a company conducts its business and implements controls to ensure proper procedures and ethical behavior is corporate governance.
<h3>What is corporate governance?</h3>
It should be noted that corporate governance simply means the system through which companies are controlled and directed.
The board of directors of an organization should hold regular meetings, maintain control over the company, and have clearly defined roles as a result of good corporate governance. Additionally, a strong risk management system is ensured. One of the cornerstones of any successful firm is excellent corporate governance.
In this case, it's important for companies to engage in ethical procedures
Therefore, the correct option is corporate governance.
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Answer:
convexity = 37.6306
Explanation:
given data:
maturity time = 7 years
yield to maturity (y) = 8% = 0.08
coupon bond = 6%
price= $89.59 ( gotten from the summation of pv(cf) from the table attached below )
t = time
convexity can be found using this formula
= 
= 37.6306
