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3 years ago

1. All of the following are good financial savings strategies EXCEPT ___. (1 point)

1 answer:

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All of the following are good financial savings strategies EXCEPT "saving for an emergency fund, then paying off credit debt".

Option: B

Explanation:

An effective financial system can encourage savings by offering simple and convenient exposure to suitable savings tools provided at reasonable price by high-quality, reputable institutions. The emergency funds through your earning years can be extremely valuable, if you lose your job or are unable to work due to a temporary injury or after retirement, so you need cash to cover your regular bills.

Here saving for emergency fund, then paying off credit card is blunder idea, because interest rate may become huge load, and if not paid and simultaneously retirement or any tragedy take place which donot permit to continue job than there will be burden from two sides i.e paying regular bills and credit card's principal amount with interest.

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A company issued 5%, 20-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity i

m_a_m_a [10]

Answer:

The bond was sold at $1,136.78.

Explanation:

Annual coupon = Bond face value * Coupon rate = $1000 * 5% = $50

Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)

Where;

r = semi-annul interest rate = 4% / 2 = 2%, or 0.02

n = number of period = 20 years * Number of semiannuals in a year = 20 * 2 = 40 semi-annuals

Substituting the values into equation (1), we have:

Annual coupon discount factor = ((1-(1/(1 + 0.02))^40)/0.02) = 27.3554792407382

Present value of coupon = (Annual coupon * Annual coupon discount factor) / 2 = ($50 * 27.3554792407382) / 2 = $683.886981018455

Present value of the face value of the bond = Face value / (1 + r)^n = $1,000 / (1 + 0.02)^40 = $452.890415185236

Therefore, we have:

Price of bond = Present value of coupon + Present value of the face value of the bond = $683.886981018455 + $452.890415185236 = $1,136.77739620369

Approximating to 2 decimal places, we have:

Price of bond = $1,136.78

Therefore, the bond was sold at $1,136.78.

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3 years ago

Adrian used primarily Web sources for his informative speech about gun control. However, his over-reliance on the Web site spons

creativ13 [48]

Answer:

The answer is: Adrian didn't determine the objectivity of the NRA sponsored website before preparing his speech.

Explanation:

Sometimes people are very passionate about certain topics and gun control is one of them. You either support much stricter gun control laws in an attempt to prevent unnecessary killings or you despise any type of gun control since it undermines your basic rights as a US citizen. Other "hot" debate topics are abortion, LGTB rights, etc.

In order to understand and put into context what any website is trying to communicate to you, you must understand what position they take on certain issues. In this specific case, the NRA is totally against gun control so their position will be totally biased and extremist.

If your are going to look online for information, you can't rely on just one source (this applies to all information). The websites you find will usually favor extreme positions on these "hot topics". They lobby their position undermining and sometimes even being offensive against those who don't share their beliefs. Only after you get to read about both positions, you can formulate a better general view of the situation.

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3 years ago

The uncontrollable forces in a marketing decision involving social, economic, technological, competitive, and regulatory forces

fiasKO [112]

Answer:

Environmental forces.

Explanation:

Environmental forces refer to the entire macroenvironment in which the company is inserted, so they are forces that the organization cannot control, so in order to survive in the market, the company must adapt and monitor environmental forces.

The political, legislative, economic, social, competitive and technological forces, which are the forces that make up the company's macroenvironment, are extremely changeable, so the importance of being constantly monitored, as they may include relevant challenges for the company, such as entry new competitors in the market, legislative and other changes.

But they can also set great growth opportunities, and improve decision-making based on available information from environmental forces.

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3 years ago

The condition that results from society not having enough resources to produce all things people would like to have is known as

cricket20 [7]

The answer would be B. Scarcity

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3 years ago

The manager of a crew that installs carpeting has tracked the crew's output over the past several weeks, obtaining these figures

Taya2010 [7]

Answer and Explanation:

a. The computation of labor productivity for each of the weeks is shown below:-

Week Crew size Yards installed labor productivity

1 4 97 24.25

2 3 71 23.67

3 4 98 24.5

4 2 54 27

5 3 63 21

6 2 52 26

Therefore for computing the labor productivity for each week we simply divide the yards installed by crew size.

b. Perhaps even-sized crews are better than uncommon sizes and a crew of 2 seems to be performing best among the others

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2 years ago