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eimsori [14]
3 years ago
15

In 2003, several investment banking firms were fined $1.4 billion for ethics abuse related to the underwriting process. will thi

s be a deterrent for ethical lapses?
Business
1 answer:
Mkey [24]3 years ago
3 0
This can be a deterrent for engaging in practices that are ethically wrong during underwriting process.
Knowing that they could be fined large amount of money if found to be engaging in acts that ethically incorrect will serves to discourage investment banking firms from such acts.<span />
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Which of the following statement about communication is true? a. In a business scenario, communication occurs only during the le
love history [14]

Answer:

c. ​It is necessary to have an agreement for an effective communication

Explanation:

The communication is basically a two way communciation where the sender send the message and the receiver received the message by decoding the message sended by the sender

When the communciation starts so there is an agreement i.e. necessary between the parties to have an effective communication

hence, the correct option is c.

8 0
3 years ago
The local baseball team owner hires you to help maximize the team's profits. You are told that costs are constant because enough
ozzi

Answer:

increase price per ticket.

Explanation:

increase price per ticket in proportion to cost incurred.

set up an internal control system to ensure all revenue from ticket are well accounted for.

3 0
3 years ago
Stephen plans to purchase a car 5 years from now. The car will cost $43,011 at that time. Assume that Stephen can earn 7.11 perc
olga nikolaevna [1]

Answer:

$30,174.74

Explanation:

The computation of present value is shown below:-

Future value = Present value × (1 + Rate of interest ÷ 1200)^12 × time period

$43,011 = Present value × (1 + 7.11 ÷ (12 × 100)^(12 × 5)

$43,011 = Present value × (1 + 7.11 ÷ 1,200)^60

$43,011 = Present value × (1 + 0.005925 )^60

Present value = $43,011 ÷ (1 + 0.005925 )^60

= $43,011 ÷ (1.005925 )^60

= $43,011 ÷ 1.425397857

= $30,174.73317

or

= $30,174.74

Therefore for computing the present value we simply applied the above formula.

We also attached the spreadsheet for better understanding

In compounded monthly, the interest rate is divided by 12 months and the time period is multiplied by 12 months and the same is to be considered

8 0
3 years ago
West Corp. issued 10-year bonds two years ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If these bond
umka21 [38]

Answer:

7.82%

Explanation:

Given the following :

Par value = 102%

Coupon rate = 8.1%

Period (n) = 10 years

Yield to maturity (YTM) =?

with a face value (F) of $1000

The current price (P) of bond will be:

102% * $1000 = (1.02 * $1000) = $1020

Annual coupon payment = $1000 * 8.1% = $1000 * 0.081 = $81

The YTM formula is given by:

YTM = [ C +( F - P) / n] / [(F + P) / 2)]

YTM= [(81 + (1000 - 1020) / 10] / [(1000 + 1020)/2)]

YTM = [(81 +(-20/10)] / (2020/2)

YTM = [(81 - 2) / 1010]

YTM = 79 / 1010

YTM = 0.078217

YTM =0.078217 * 100

YTM = 7.82%

4 0
3 years ago
41.
dsp73

a) ( 0.8509718, 0.8890282)

b) ( 0.7255, 0.7745)

Explanation:

(a)

Given that , a = 0.05, Z(0.025) =1.96 (from standard normal table)

So Margin of error = Z × sqrt(p × (1-p)/n) = 1.96 × sqrt(0.87 × (1-0.87) / 1200)

=0.01902816

So 95 % confidence interval is

p+/-E  

0.87+/-0.01902816  

( 0.8509718, 0.8890282)

(b)

Margin of error = 1.96 × sqrt (0.75 × (1-0.75) / 1200) = 0.0245

So 95% confidence interval is

p+/-E

0.75+/-0.0245

( 0.7255, 0.7745)

5 0
4 years ago
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