I would say this is an example of the succession in the capitalist system whereby in this case a family business encourages the son to study a related field so he can take over from the father when he retires to own and manage the business and usually the one who inherits the business works in it for a time to get familiar with it.
Answer:
$1
Explanation:
Data provided in the question:
Purchasing price of stock = $53
exercise price of the stock = $50
Price of the stock = $56
Premium per share = $4
Now,
The gain is calculated as :
Gain = exercise price + Premium per share - Purchased stock
or
Gain = $50 + $4 - $53
or
Gain = $1
Hence,
The gain per share to the pension fund is $1
Iran, is the country that borders the Caspian sea, the Persian gulf, and the gulf of Oman.
<h3>Which countries lie along the Caspian sea, the Persian gulf and the gulf of Oman?</h3>
Iran country lies in the Middle-East of the Iraq and Pakistan, that borders the Caspian sea, the Persian gulf, and the gulf of Oman.
The inland sea is connected to the Gulf of Oman from the East and the countries that lie along the Persian Gulf and the Gulf of Oman are Oman, Iraq, Kuwait, Saudi Arabia, etc.
Strait of Hormuz connects the the Persian Gulf to the Arabian Sea.
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Answer:
The present value, when interest rates are 8.0 percent, of a $160 payment made every year forever is $2,000.
Explanation:
Payments each year = Cash flow = C = $160
Rate of Interest = r = 8% = 0.08
Present value of Perpetuity = Cash flow / rate of return
Present value of Perpetuity = C / r
Present value of Perpetuity = $160 / 0.08
Present value of Perpetuity = $2,000
So, the present value, when interest rates are 8.0 percent, of a $160 payment made every year forever is $2,000.
Debentures are bonds that are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing company.
Are debentures backed by assets?
Because the issuer anticipates paying back the loans with money from the sale of the business initiative they helped fund, debentures are also known as revenue bonds. Debentures are not backed by tangible property or collateral. They have the issuer's full faith and credit as their only guarantee.
What is debenture and its characteristics?
An extended source of funding is provided by the debentures. They are made up of a protracted predetermined maturity phase. The debentures are typically repaid at the conclusion of their 10–20 year maturity period. The business returns the investor's principal investment amount at maturity.
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