Answer:
10.68%
Explanation:
Face value = 1,000
Coupon rate = 10%
Years to maturity = 15
Nper = 15*2 = 30
PMT = 1000*10%/2 = 50
Price(Present value) = Bond sale price - Issue cost
Price(Present value) = 970 - 20
Price(Present value) = 950
Yield to maturity = Rate(Nper, pmt, -pv, fv) * 2
Yield to maturity = Rate(30, 50, -950, 1000) * 2
Yield to maturity = 0.0534 * 2
Yield to maturity = 0.1068
Yield to maturity = 10.68%
Thus, the before-tax cost of debt is 10.68%
Answer:
Correct option is d. Short spells of unemployment, while structural unemployment is thought to explain relatively long spells of unemployment.
Explanation:
frictional unemployment is short term as it may arise due to update in industrial machinery or because of natural job search process whereas the structural unemployment is relatively long term and can hamper economical growth. This makes option d an obvious choice which defines frictional unemployment and structural unemployment correctly.
Answer:
The correct answer is b. will go primarily to consumers.
Explanation:
Inelastic demand is that demand that is not very sensitive to a change in price. In this way, before a variation in the price the quantity demanded reacts in a less than proportional way. For example, if the price increases by 10% and in response the quantity demanded is reduced by less than 10%, then the demand is said to be inelastic.
While the elasticity of the offer presents the degree of response of the quantities offered to variations in the price of the good considered, the price of other goods, the costs of productive factors or business expectations.
Answer:
intellectual property rights
Explanation:
You do not need to watch any video to understand that the greatest concern for multinational corporations that want to operate in China through a joint venture, license or franchise is the protection of intellectual property rights. I'm not a fan of the current president, but his argument about Chinese government purposely breaching or helping to breach intellectual rights from foreign companies is extremely solid.
As a totalitarian government and the partner of basically every single Chinese company, it is impossible that the Chinese government doesn't know about property right breaches specially in the technological sector. This is beyond being careless, this is totally on purpose and intentional, and probably instructed by the government itself.