Answer:
This question is missing the options given below:
A. 11%
B.13%
C. 15%
D. 17%
E. 20%
The correct answer is option B,the bond current yield is 13%
Explanation:
Bonds Current Yield = Year one cash flow / Current Price x 100 = 9 / 71.375 x 100 = 12.60% or approximately 13%
Note that 71 3/8 is the same as 71.375% as 3/8 gives 0.375 and when added to 71% gives 71.375%
The year cash flow is calculated as :9% of bond par value($100)=$9
Answer:
Hierarchy of hazard control is a system used in industry to minimize or eliminate exposure to hazards. It is a widely accepted system promoted by numerous safety organizations. This concept is taught to managers in industry, to be promoted as standard practice in the workplace.
Explanation:
five rungs of the Hierarchy of Controls: elimination, substitution, engineering controls, administrative controls and personal protective equipment. The hierarchy is arranged beginning with the most effective controls and proceeds to the least effective.
Answer:
C option is correct hope it is OK
Answer: The reduction in spending by the unemployed workers will further lower incomes
Explanation:
Economic downturn is when there's a reduction in the economic activity. During thus period, there's rising unemployment, reduction in investment, low consumer confidence etc.
Based on the principle that one person's spending is another person's income, the reduction in spending by the unemployed workers will further lower incomes. This is because an increase in the productive economic activity depends on cash transfers.
Since there's an economic downturn, there'll be a decrease in spending since there's less money available to the people, hence this will further lead to decrease in the income.
