Answer:
3.98%
Explanation:
For determining the yield to maturity we have to applied the RATE formula which is to be shown in the attachment below:
Given that,
Present value = $1,204
Future value or Face value = $1,000
PMT = 1,000 × 5.90% ÷ 2 = $20
NPER = 14 years × 2 = 28 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, applying the formula the yield to maturity is
= 1.99% × 2
= 3.98%
Horizontal Price Fixing.
That's if they were to charge the same fare for a single route......
Answer:
Option "A" is the correct answer to the following statement.
Explanation:
in the market, some consumers vary in one way or more. they can vary in want, money, places, perceptions and purchasing habits. A marketing executive, therefore, needs to define his market positions and decisions.
Marketing Strategy helps him to create and find his market Position and help him to target the best spot in the market.
i would its because to profit motive i think.
Answer: Adverse selection
Explanation: In simple words, adverse selection refers to an insurance problem in which the buyer and seller of the insurance do not have same information. This occurs when the buyer deliberately hide some material facts from the insurance company.
In the given case, The company is charging more from new customers because they have perception that they take their services only when it is highly probable they have to use that.
Hence from the above we can conclude that the correct option is B.