Answer:
6.34
%
Explanation:
For computing the coupon rate, first we have to determine the PMT by using the PMT formula that is shown on the attachment
Given that,
Present value = $939.02
Future value = $1,000
Rate of interest = 7.15% ÷ 2 = 3.58%
NPER = 11 years × 2 = 22 years
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the PMT is $31.70
It is semi annually
Now the annual PMT is
= $31.70 × 2
= $63.40
So, the coupon rate equals to
= $63.40 ÷ $1,000
= 6.34
%
Answer:you make an offer to buy your neighbor's house.
Explanation:
As seen from the aforementioned alternatives which all have insurable interest.Thus they are expantiated;
1)Firstly,a savings and loan company holding a mortgage on your home has an insurable interest on interest of the property on insurance premium.
2)Secondly,your lease makes you liable for fire damage to your rented premises makes for an insurable interest which is in form of mortagee/morgator contract,even if it isn't your property,it makes you liable for an insurable interest.
3)Thirdly,you have custody of a valuable painting when the owner is away also makes you eligible for an insurable interest.Though here as carrier,it still gives the right to an insurable interest courtesy of the fact that it is in your custody.
Finally,you make an offer to buy your neighbor's house doesn't make you eligible for an insurable interest because it's just a matter of a vocal agreement,thus no transaction has been carried out and therefore,no property transferred to your custody either way.
As manager of Kids Skids, Meghan wants to develop her relationship management skills. In order to do this, she learns how to communicate better with other people, learn about different learning styles, understand diversity and how it pertains to relationship building. By learning skills and focusing on how her communication skills very based on different people are, she is likely to become a better leader. When Meghan understands how to be an effective leader and use her management skills, she will have a better flow in the workplace.
Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.
Answer:
C. Free cash flow is utilized to fund a diversification strategy and having additional funds could support future investments.
