Answer:
Answer for the question:
You own a bond with a par value of $1,000 and a coupon rate of 8.50% (semiannual coupon). You know it has a current yield of 7.00%. What is its yield to maturity? The bond has 6 years to maturity. Current Yield = (annual payment / price). (hint: solve for price to answer the question). Group of answer choices
is given in the attachment.
Explanation:
The answer is 20%, 40 is 1/5 of 200, therefore it is 20%
Answer:
Petra,a plant manager ,received an e-mail from the CEO stating that the company will now be focusing on customer service.The e-mail also stated that all plant managers need to implement this policy and coordinate the activities related to this strategy for their lowest level mangers.Petra is a <u>middle level manager.</u>
<u>Explanation</u>: Middle level managers extract the information from top level managers who are above them and supervisors who are below them.They give data and facts back in the organisation.They act as a connecting link between top and lower level of management.
Middle level managers are responsible for making any changes needed in an organisation.They look after day to day routines and make sure everything is in accordance with the requirements of the concern.
Middle level managers needs to have following skills:
- They must have ability to hire good individuals for concern
- Very good communication skills
- They must have ability to delegate
- They must be capable of making strong decisions.
Buying and selling are at the centre of trading strategies that involve buying on one asset while selling another. Investors can also sell an asset in order to cut their losses. They may do this if one of there asset is dropping in value and they don't expect it to rise ever again.
