Answer:
The market price of this bond is: $1,069.8.
Explanation:
To calculate the market price of the bond, we have to use the following formula:
Bond Price= C*((1-(1+r)^-n)/r)+(F/(1+r)^n)
C= periodic coupon payments: $1,000*7%= $70
F= Face value: $1,000
r= Yield to maturity: 5.85%
n= No. of periods until maturity: 8 years
Bond Price= 70*((1-(1+0.0585)^-8)/0.0585)+(1,000/(1+0.0585)^8)
Bond Price= 70*((1-0.635)/0.0585)+(1,000/1.58)
Bond Price= 70*6.24+633
Bond Price= 436.8+633
Bond Price= 1,069.8
Team bonding through the subjugation of junior members is not valid. Junior members should be encouraged by the senior members to strive for the team, not belittled or humiliated in the process. Different people assume comradery in different ways, some through degradation or laughter, and others through positivity and cohesiveness, but subjugation and humiliation should never be a factor when building teams, especially in today’s society since we live in such a diverse culture in this country. If an organization relied on humiliating banter in order to form a collective unit, then it shows that the organization is less cohesive and reflects poor management and leadership skills within the organization.
Answer:
A. This professional serves as a law-enforcement officer, with the authority to arrest employees who do not abide by the ethics code.
Explanation:
