Answer:
What is a substitute good?
substitute good is a type of good that has an alternative i.e another good can be used to compare with it
Explanation:
Global Entrepreneurship Monitor refers (s) to the annual assessment of the national level of entrepreneurial activity across countries, started as a partnership between London Business School and Babson College.
Global Entrepreneurship Monitor (GEM) is a consortium of national country teams, primarily associated with top academic institutions, that carries out survey-based research on entrepreneurship around the world.
The Global Entrepreneurship Monitor was conceived in September 1997 by Michael Hay of London Business School (LBS) and Bill Bygrave of Babson College.
Learn more about Global Entrepreneurship Monitor at
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Answer:
Current Yield is 5.74%
Explanation:
Current yield is the ratio of coupon payment of a bond to its current market price. It is calculated by using coupon payment and the current market value of the bond.
Coupon Payment = $1,000 x 5.6% = $56
Current market price = $975
Formula for Current yield is as follow
Current Yield = Annual Coupon Payment / Current Market Price
Current Yield = $56 / $975
Current Yield = 0.0574% = 5.74%
Answer:B. Teddy's agreement with Andrea and Cami, only.
Explanation:
Consideration is anything of value that moves from both parties to a contract, it must equally be specific and devoid of ambiguity.
The agreement with Andrea and Camil both meet these requirements. However the agreement with Lorne is not devoid of ambiguity because we are not sure of the amount of his consideration.
