The EU has created many different programs and actions, including:
1) Euro: The Euro is the currency shared by all members of the EU, and works in all European countries except for Britain (which uses the pound) and Western Russia.
2) Trade tariffs: All trade tariffs between the countries in the EU were lifted, and they essentially have 'free trade' within.
3) Unified response: Members of the EU work together, and may take action to help each other in case of situations, such as immigration, invasion, etc.
hope this helps
Answer:
Price of bond = $1150.72 (Approx.)
Explanation:
Given:
Number of years 12 years
Per value = $1,000
Coupon rate = 10% = 0.1
Market rate = 8% = 0.08
Find:
Price of bond
Computation:
Coupon payment = 1,000 x 10%
Coupon payment = 100
Price of bond = [C/r][1 - 1/(1+r)ⁿ] + Per value/[(1+r)ⁿ]
Price of bond = [100/0.8][1 - 1/(1+0.8)¹²] + 1000/[(1+0.08)¹²]
Price of bond = [100/0.8][1 - 1/(1.8)¹²] + 1000/[(1.08)¹²]
Price of bond = $1150.72 (Approx.)
Answer:
American historical figure, the militant abolitionist John Brown embodies the idea that one man’s terrorist is another man’s freedom fighter. Brown’s zeal at the Pottawatomie Massacre, where five pro-slavery Kansans were taken from their homes and murdered, and his botched raid on the arsenal in Harpers Ferry, Virginia, beginning October 16, 1859, made him a pariah in the South and helped precipitate the secessionist movement that led to the Civil War.
