Answer and explanation:
<em>The position of the student is correct</em>. Financial intermediaries are entities participating in a financial transaction that function as a bridge. A financial intermediary helps lenders contact creditors and buyers meet with sellers. In fact, the parties on either side of the transaction do not need to meet at all, thanks to the financial intermediary. Eventually, depositors earn a profit by the interest of the money stored in the financial intermediary.
The situation explained above is not the same when talking about insurances. Insureds pay a monthly fee for having a policy that provides them with coverage according to the insurance. If the insurance was never used, the money paid by the insured is not given back.
Answer:
Financial Markets by Coursera
Explanation:
Answer:
The correct answer is 8.679%.
Explanation:
According to the scenario, the given data are as follows:
Face value (F) = $1,000
Bond value (B)= $955
Time (t) = 18 years
Yield (r) = 9.2%
First we calculate the coupon payment:
Let coupon payment = C
then,
B = C × 
By putting the value, we get
$955 = C× 
$955 = C × 8.64 + 205.11
C = 86.79
So, Coupon Rate = Coupon Payment ÷ Face value
= 86.79 ÷ 1000
= 0.08679
= 8.679%
Answer:
Empathy
Explanation:
Empathy is the ability of a person of business entity to understand the thoughts, feelings, and emotions of their customers. It is the ability to personalise the customer's situation.
This makes the business go the extra mile in solving the customer's problem.
In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.
So without official death certificates they paid death benefits only 3 days after the attacks.
Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.
Answer:
The statement is: True.
Explanation:
Human Resources (<em>HR</em>) is the department of an organization in charge of recruiting, selecting, and training employees so they can easily adapt to their work environment. Human Resource Management (<em>HRM</em>) is dedicated to allocating the potential of those employees in a way that they can be more productive to the point of creating a competitive advantage for the firm.
