When a contract is deemed against generally accepted public policy, the courts will determine the agreement to be _____?
1 answer:
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Answer:
OA.<u> Following the workplace dress code</u>
Explanation:
By Following the workplace regulations or rules they may have will most likely lead to success in the workplace.
Option B. is incorrect because It's important to work with other people or ask for help.
Option C. That is incorrect because it may seem like you are Anti-Social.
Option D. is incorrect because If you have a certain time to be at work and you show up whenever you want there may be consequences.
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Answer: -12.1%
Explanation:
Bond Sam was priced at Par which means it could have been priced at $1,000 and its yield was the same as the coupon rate of 8%.
If interest rates rise by 5%, the yield becomes:
= 8% + 5%
= 13%
Price of bond is attached:
Yield = 13% /2 = 6.5% per semiannual period
Coupon = 8% * 1,000 * 0.5 = $40 per semi annual period
Period till maturity = 3 * 2 = 6 semiannual periods
Price = $878.97
Percentage change in price:
= (878.97 - 1,000) / 1,000 * 100%
= -12.1%
