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leonid [27]
3 years ago
7

Pierce wishes to purchase a municipal bond with a par value of $500 from Chattahoochee County, and he is trying to decide which

broker he should employ to purchase the bond. Broker A charges a 3.1% commission on the market value of each bond sold. Broker B charges a flat $24 for each bond sold. If the bond has a market rate of 88.754, which broker will give Pierce the better deal, and by how much?
Business
2 answers:
Mrrafil [7]3 years ago
6 0

He should take the option one of sales commission of 3.1% on each bond. If he takes the 2nd option, he is required to pay 24$ per bond. But if he takes the ist option, he is required to pay 15.5$ per bond. 88.754 is the market rate. Total investment is of 500$. Multiply the commission rate with the amount and you get 15.5 $. There is a difference of 8.5 dollars between the two options.

Burka [1]3 years ago
5 0

the answer to this is d


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3 years ago
Define the term teamwork
Stella [2.4K]

Answer:

helping and communicating

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word done by several associates with each doing a part but all subordinating personal prominence to the effeciency of the whole

hope it helps

source: merriam webster

6 0
2 years ago
Read 2 more answers
How many years will it take you to accumulate $30,000 for a down payment on a house if you deposit $12,000 today and you expect
DENIUS [597]

Answer:

9.61 years

Explanation:

For this question , we use the NPER formula that is presented in the attached spreadsheet

Given that,  

Present value = $12,000

Future value = $30,000

Rate of interest = 10%

PMT = $0

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the answer is 9.61 years

3 0
3 years ago
Mariposa is buying a car for five thousand dollars. She has two thousand dollars. What is the best way to finance the balance?
yulyashka [42]
The best way for Mariposa to finance the remaining balance on her car is installment credit. The correct answer is C. 
5 0
3 years ago
Briefly describe the disadvantages of multiple points of contact for a user who has a question or problem.
mars1129 [50]

Incomplete question. The options:

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  • The user may misdiagnose the problem and contact the wrong contact person.
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Answer:

  • <u>The contacts may disagree about the solution to a problem</u>

Explanation:

Of course, there is a likelihood of disagreement between the contacts as they may have slightly to very broad different opinions about how to solve a particular problem.

For example, imagine a customer has a problem he believes can be solved, he decides to;

  • contact support team A <u>via phone call, </u>he's attended to and offered a solution, still unclear he again
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Finally, he likely discovers that the suggestions made by the contacts disagree (not in harmony) about the solution to a problem.

8 0
3 years ago
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