Answer:
Price of treasury bond in terms of percentage of face value is 102.106%
Explanation:
Given:
Face value (FV) = $1000
Coupon rate = 7% or 3.5% semi-annually
Coupon payment (PMT) = 1000×0.035 = $35
YTM (rate) = 6.5% or 3.25% semi-annually
Maturity period (nper) = 5×2 = 10 periods
Using PV function to calculate price of treasury bond:
=PV(rate,nper,pmt,FV)
Price of bond is $1021.06 (it is negative as it is a cash outflow)
Price of bond in terms of percentage of face value = 
=102.106%
<u>Explanation:</u>
A franchise business is one that allows another business (or non-profit) to carry out certain commercial activities, in a sense acting as an agent for the company.
Consider the following advantages:
1. Capital
The franchisor (the company that grants permission) may provide all the capital required to open and operate the non-profit.
2. Better-quality management. The years of experience accumulated by the franchisor may be of benefit to the non-profit. Thus, improving the quality of operations.
Other benefits include;
- increase their speed of Growth
- increased Profitability
- reduced Risk
Answer:
ethnocentric
Explanation:
A choice of ethnocentric staff can be defined as an approach in which an organization chooses to hire a team of staff of the same nationality as the host company, which guarantees several advantages and also some disadvantages.
A significant advantage is that having employees of the same nationality as the headquarters company, ensures that there is greater cohesion between culture and language, which guarantees an advantage in reducing barriers that may negatively affect the flow of organizational operations.
Answer:
B. - .
Explanation:
Shelf registration is a process that is part of regulation that a correction can evoke tomcomply with U.S. Securities and Exchange Commission (SEC) registration requirements for a new stock offering up to two years before doing the actual public offering.
Once shelf registration is complete, the only other SEC requirements revolve around standard reporting.
