Answer: d. A B and C are correct.
Explanation:
A bond's price and it's Yield to Maturity (YTM) are inversely related such that when Yield to Maturity rises, the price of the bond falls. This is a because a higher YTM signifies that the bond is riskier so it will compensate by being cheaper.
If a bond is downgraded by Ratings agencies then it means that the bond is now riskier. As it is riskier investors will charge more interest for taking on the risk. The interest is the YTM and so it rises.
A Subordinate bond means that if the company were to go into bankruptcy for instance, the Subordinate bond would only be paid for after the bond that is not Subordinated. This means that there is a chance that Subordinate bond holders will not get anything from the liquidation of the company. Investors will therefore charge a higher YTM to cater for the risk that this happens.
Answer:
Procedure.
Explanation:
A procedure can be defined as a comprehensive set of sequential steps and actions which is typically used to specify the accepted, effective and efficient method for performing a task or executing a project and plans.
This ultimately implies that, procedures are mainly used by various companies or organizations to always achieve a standardized level of output and consistency in achieving its goals and objectives.
Hence, if you want all your stores to only accept returns with receipts this would be an example of a procedure.
The newly polished one as there will be less resistance and will travel faster across it
Answer:
a. $20.00
Explanation:
Given that
Common Stock = $150,000
Additional Paid-in Capital = $850,000
Par Value per share = $3
So,
Number of shares issued = Common Stock ÷ Par Value per share
= $150,000 ÷ $3
= 50,000
Now
Total Common Stock Equity = Common Stock + Additional Paid-in Capital
= $150,000 + $850,000
= $1,000,000
So,
Average Issue Price per share = Total Common Stock Equity ÷ Number of shares issued
= $1,000,000 ÷ 50,000
= $20.00
Answer:A. The lack of incentive voters have to become well-informed about candidates and issues because their vote is unlikely to affect the outcome of an election.
Explanation: Rational ignorance is a term used to describe the intentional decline or refusal by a person or group of persons to gain certain knowledge,mainly after considering the cost and benefits attached to gaining that knowledge.
When people choose not to learn a particular trade,subject etc after comparing the costs to the potential gains.
RATIONAL IGNORANCE IS ALSO CONCERNED WITH THE DECISION OF VOTERS WHEN MAKING CHOICE OF NOT PARTAKING IN AN ELECTION BECAUSE THEY BELIEVE THAT THEIR VOTES DO NOT COUNT OR HAVE EFFECTS ON THE FINAL OUTCOMES ETC.
