Answer:
The correct answer is 18.84%.
Explanation:
According to the scenario, computation of the given data are as follows:
Time period ( Nper) = 18 years
Rate = 9.625%
Let FV = $1,000
Coupon rate = 7.625%
Then, Coupon payment = $1,000 × 7.625% = $76.25
Attachment is attached of financial calculator
So PV = $831.95
After 1 year
Time period (Nper) = 17 years
Rate = 8.625%
Payment = $76.25
Attachment is attached of financial calculator
So, Pv = $912.46
So, we can calculate the holding period return by using following formula:
Holding period return = Total return ÷ Investment × 100
= ( $912.46 + $76.25 - $831.95) ÷ $831.95 × 100
= 18.84%
Answer:
Line is the correct answer.
Explanation:
The flexible budget performance report directs managements attention to areas where corrective action can help control operations. Management uses the report to determine price and quantity variances.
Answer:
counterproposals
Explanation:
Instead of trying to reach a compromise that both Desi and Consuela will agree upon, they are just shouting out different options that will only make one of them happy. Whatever Desi says, Consuela will give a counterproposal that suits only her point of view, and vice versa when Consuela gives an option.
Unless both cool down and realize that they are both probably wrong, at least to some extent, they will continue to argue for a long time and no positive outcome will be possible.
Joe has 8 pencils. This question is so easy XD
