Answer:
The price of the bond is $659.64.
Explanation:
C = coupon payment = $62.00 (Par Value * Coupon Rate)
n = number of years = 6
i = market rate, or required yield = 15 = 0.15 = 0.15 /2 = 0.075
k = number of coupon payments in 1 year = 2
P = value at maturity, or par value = $1000
BOND PRICE= C/k [ 1 - ( 1 / ( 1 + i )^nk ) / i ] + [ P / ( 1 + i )^nk )]
BOND PRICE= 62/2 [ 1 - ( 1 / ( 1 + 0.075 )^6x2 ) / 0.075 ] + [ $1,000 / ( 1 + 0.075 )^6x2 )]
BOND PRICE= 31 [ 1 - ( 1 / ( 1.075 )^12 ) / 0.075 ] + [ $1,000 / ( 1.075 )^12 )]
BOND PRICE= 31 [ 1 - ( 1 / ( 1.075 )^12 ) / 0.075 ] + [ $1,000 / ( 1.075 )^12 )]
BOND PRICE= $239.79 + $419.85 = $659.64
Answer:
The correct answer is the option A: inflationary impacts are not distributed evenly across the population, therefore, inflation causes the economy to redistribute income across households.
Explanation:
To begin with, <em>inflation</em> is the name that receives, in an economic field, the term that refers to the situation where the economy of a country <em>decreases its purchasing power per unit of money</em> causing a<em> loss of real value in the unit of exchange</em>. Moreover,<em> it affects the economy in many negative ways</em>, such as the reductions of the real value of the wages, causing a more difficult situation for the people to buy the primary groceries. Furthemore, it also increases the opportunity cost of holding money, causing to discourage investment and savings.
Therefore, that it is understandable that the correct answer is the option A, due to the fact that <u><em>a high inflation do not cause a redistribution in the income of the economy to the households, actually it causes the whole oppositve impact. </em></u>
Answer:
A. Contingency planning
Explanation:
Contingency planning refers to the an approach in forecasting unexpected events by developing an action plan to appropriately respond to such threats. In this scenario, despite that the company expects favourable sales in the future, it is planning to face an unexpected drop in sales.
Answer:
Non-piracy.
Explanation:
If a pharmaceutical research firm prohibits the employees who leave the firm from soliciting business from former customers or clients for a period of two years. This best exemplifies the non-piracy clause.
A non-piracy clause is a legal framework which provides protection for companies from an ex employee who has left. This clause states that ex employees are prohibited from soliciting business from former customers or clients either directly or indirectly for a period of two years.
<em>For instance, if Joyce works for XYZ pharmaceutical company that uses a non-piracy clause and later dropped a resignation letter or was laid off for a disciplinary action, she's prohibited from taking contracts from XYZ' customers for a period of two (2) years. </em>
Answer:
E-mail
Explanation:
Text messages, instant messages, and social networking are all generally considered as informal methods of communication which are used to communicate informal information, such as a the change in a meeting time if schedules have been adjusted during a factory tour.
Secondly such informal means of communication might not be ideal for use to a colleague in another office as the relationship would not be very personal but official.
Since Caroline needs information from a coworker in another office about an upcoming salespromotion, she is better off sending her request via e-mail
