Answer:
6%
Explanation:
Data provided as per question is as given below:-
Redeemed amount = $1,000
Sale value of Bond = $687.25
Number of year = 5
The computation of interest rate is as shown below:-
Interest rate = (Redeemed amount ÷ Sale value of bond) ^ (1 ÷ Number of Year) - 1
= (1,000 ÷ 747.25) ^ (1 ÷ 5) - 1
= (1.338) ^ (0.2) - 1
= 0.06
= 6%
Answer:
d.a customer interacting with a franchise employee
Explanation:
Customer contact points are avenues through which a company interacts with its customers directly. The modes of interactions include phone calls, written communication, online interactions, or one-on-one customer support.
Many businesses recognize the importance of customer contact points. They invest heavily to ensure that the customer gets a wonderful experience at the contact points.
Answer:
the holding period return is 3.77%
Explanation:
The computation of the holding period return is shown below:
Holding period return is
= (Income + (Selling price - Purchase price)) ÷ Purchase price
= ($3 + ($52 - $53)) ÷ 53
= 3.77%
Hence, the holding period return is 3.77%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
7.84%
Explanation:
Given:
Bond's par value (FV) = $1,000
Maturity (nper) = 25 × 2 = 50 periods (since it's semi-annual)
YTM (rate) = 0.0925÷2 = 0.04625 semi annually
Price of bond (PV) = $875
Calculate coupon payment (pmt) using spreadsheet function =pmt(rate,nper,-PV,FV)
PV is negative as it's a cash outflow.
So semi- annual coupon payment is $39.20
Annual coupon payment = 39.2×2 = $78.40
Nominal Coupon rate = Annual coupon payment ÷ Par value
= 78.4 ÷ 1000
= 0.0784 or 7.84%
Answer:
If there are two lawyers with similar experience and fees, you should make a decision by asking other lawyers for recommendations.
