Answer:
5.16%
Explanation:
Missing word <em>"(Assume a face value of $1,000 and annual coupon payments."</em>
Current price of the bond = $980
FV = $1000
Coupon rate = 8%
Term = 10 maturity
After 1 year bond price = $1,200
Remaining life = 9 years (10-1)
New yield rate = [Coupon rate+(Maturity value-Current price) / Useful life] / [0.6*Current price + 0.4*Maturity value]
New yield rate = [1,000*8% + (1,000-1,200) / 9] / [0.6*1,200 + 0.4*1,000]
New yield rate = $57.78 / $1,120
New yield rate = 0.0515893
New yield rate = 5.16%
<span> The fact that Pat has a savings account and a car loan from a not-for-profit financial institution owned by its member , means that </span>Pat is probably a member of the financial institution: Credit Union. This type of financial institution is created and operated by its members (the members are <span>depositors, borrowers, and shareholders.</span>
Answer: Share
Explanation:
According to the given scenario, the berry hill is one of the type of insurance company that basically decided to sharing the risk for paying the flood claims by increase the rate of of the insurance in the southern state.
The various types of companies or insurance based organization are effectively determining their risk by calculating the actual premium rate of the policy holder partner.
The risk sharing is one of the process in which the both the factor such as profit or loss are get share between the partners or any policy holder member in the company on the basis of the pre-determine formula.
Therefore, Share is the correct answer.
Answer:
If Trein sues E-presto for tortious interference with a contract, E-presto<u> is liable for tortious interference with a contract.</u>
Explanation:
A tort is a violation of a duty imposed by civil law
, i.e. a civil wrong.
Tortious interference refers to one company, A, interfering with the contract of another company, B. This interference must be intentional, and must result in a financial, reputational or business relations damage to company B.
