Answer:
The 52 of its portfolio should be allocated to the zero-coupon bonds to immunie if there are no other assets funding the plan.
Explanation:
the duration of the perpetuity = (1+YTM)/YTM
= (1+0.04)/0.04
= 26 years
the weights of the bonds = w
5*w + 26*(1-w) = 15
5*w + 26 - 26*w = 15
21*w = 11
w = 0.52
Therefore, The 52 of its portfolio should be allocated to the zero-coupon bonds to immunie if there are no other assets funding the plan.
Answer:
$347,000
Explanation:
Financing Activities are Activities regarding sourcing and repayment of finance.
Also, Consider only transactions or events involving movement of cash.
<u>Cash flow from Financing Activity</u>
Proceeds from Issue of shares $513000
Dividend Paid ($91000)
Purchase of treasury stock ($75000)
Net Cash Provided by Financing Activities $347,000
therefore,
The financing section of the statement of cash flows will report net cash inflows of $347,000.
Answer:
The correct answer is letter "A": Swing group of employees who could be honest or dishonest.
Explanation:
Managers have the responsibility to deal with different types of employees. In most organizations, there is a mixture of <em>honest and dishonest workers</em>. Both of them are typically hired for their skills but while performing their duties they start reflecting what their personalities are. Managers should focus on working with dishonest employees to correct their behavior and to avoid their actions affect the productivity of the firm.
Answer:
Common market.
Explanation:
In order to spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the three countries, they agreed on a common external trade policy, and allowed factors of production to move freely between the three countries. In short, the three countries formed a common market.
A common market can be defined as a formal agreement between a group of countries in which they adopt a common external tariff on products imported from countries outside the union. It is simply a type of market involving the formal organization of countries who have collectively agree to trade freely with one another with eliminated internal tariffs but imposes a common external tariff on trade with other countries.
Common market was founded in 1958 and was made up of countries like Luxembourg, France, Belgium, Netherlands, West Germany and Italy.
The main purpose and advantage of the common market is that, it avails member countries the opportunity to move goods, people, services and capital freely.