<span>Subprime lending rates are higher than prime lending rates and are commonly offered to people with poor credit scores. When people have poor credit scores, they are given out loans with high interest rates because the lenders need to protect themselves incase the person does not pay or does not pay on time. When this happens, they are given subprime lending rates. </span>
John buys a toy plane from a toy store. The money he pays the store <u>is injected back into</u> the economy through <u>the employee's wage </u>and the taxes paid by the store.
Answer:
Total dollar return is $103.00
Explanation:
The total dollar return on the investment comprises of the increase in price as well as the annual coupon of 7.4% of face value received over the holding period of one year.
annual coupon=face value*coupon rate=$1000*7.4%=$74.00
increase in bond's price=$926-$897=$29.00
Total dollar return on investment=$74.00+$29.00
Total dollar return on investment=$103
Answer:
Telemarketing depicts that alternate sales channels are cost effective for small businesses is explained below with example.
Explanation:
Telemarketing is the straight marketing of assets or assistance to possible consumers over the communications or the Internet. Four standard varieties of telemarketing involve outbound calls, inbound calls, lead production, and sales calls. The benefits are it is manageable to reach out to consumers and it is cost-effective if done, fortunately.
It is because they do hard stuff and the economy is good.
