Answer
Price of bond = 17.96825
Explanation:
Bond price = ∑(C / 
)+ P /
where
n = no. of years
C = Coupon payments
YTM = interest rate or required yield
P = Par Value of the bond
put values in above equation
price = (5.66%/2) × 2000 × (0.31746) + ( 2000 ÷ 4.595×
)
= 17.96825
The question is incomplete:
The staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called:
a. Ethnocentric staffing policy
b. Polycentric staffing policy
c. Geocentric staffing policy
d. None of the above
Answer:
Geocentric
Explanation:
-Ethnocentric staffing policy is when a business that has global operations seeks the people for key positions from the home country.
-Polycentric staffing policy is when a company seeks employees in the home country for positions in the headquarters and people from other places for the other offices abroad.
-Geocentric staffing policy is when a company seeks the best person for each position without considering the nationality or culture.
According to this, the answer is that the staffing policy that seeks the best people for key jobs throughout the organization, regardless of nationality, is called geocentric staffing policy because the company only focuses on the person that best fits the position without considering the nationality.
Answer:
DM Cost per Equivalent unit: 4.25
Explanation:
22400 beginning 60% materials 20% conversion
140,000 started
33600 ending 90% materials 40% conversion
Beginning Inventory
DM 71,160
DL 26,610
MO 20,110
Conversion Cost 46,720
Cost during the month
DM 618,800
DL 241,330
MO 513,600
Conversion Cost 754,930
Equivalent units Materials
22,400 * .4 8,960
140,000 140,000
33,600 * .1 (3,360)
145,600
DM Cost per Equivalent unit: 4.25
Answer:
A share of this stock be worth$ 21.88 four years from now
Explanation:
Amount of annual dividend that will be paid the next year = $ 2.05
increase in dividend by 3.5% = 
= increase by a factor of 1.035
Since there is a 14% return, overall increase in dividend = 
= 9.857
<em>Note:</em>
<em>0.035 was obtained from </em>
<em>= 0.035 (dividend increase)</em>
<em>0.14 was obtained from </em>
<em> = 0.14 (percentage return required)</em>
over the next 20 years his new value of dividend will be
New value of dividend = $2.05 + 9.857 = 11.907
Converting to a percentage,
= 1.1907
Net dividend increase =
Dividend returns minus increase in dividend for 20 years is given as
14% - 3.5% = 10.5%
From the above, the
Worth of a share of his stock 4 years from now can be computed by
(dividend X Percentage increase in 20 years)/ net percent dividend increase + (increase in 4 years/ net dividend increase) X 100
+ 
× 100 =$21.88
∴ A share of this stock be worth$ 21.88 four years from now
