When a currency appreciates, it means it increased in value relative to another currency; Depreciates means depreciation or depreciation relative to other currencies. It is often said that the dollar is strong when it is bought by equal or greater value in another currency. If the purchase amount is less than the equivalent, it is weak.
An example of a currency would be the US banknotes you have on hand. It is one of the coins issued by the United States, along with pennies, nickels and quarters. Currencies are also banknotes and coins issued by governments of other countries around the world.
Currency is anything of general value as a medium of exchange that can be exchanged for goods and services. The trading system within an economy is based on a currency, usually country-specific and issued by that country's government.
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Answer:
$663.5
Explanation:
given that
number of years remaining = 4 years
yield to maturity ratio = 10.8% = 1.108
Par value = $1000
Current yield takes a look at the current price of a bond, instead of looking at it from a face value. That being said, it can be calculated mathematically as
Current yield = 1000 / 1.108^4
Current yield = 1000 / 1.507
Current yield = $663.5
Therefore, the current yield from the question we are given, is found to be $663.5.
I hope that helps
Answer:
a. empowers workers by adding more decision-making authority to their jobs.
Explanation:
Job enrichment differs from job rotation in that job enrichment empowers workers by adding more decision-making authority to their jobs.
Job enrichment can be defined as a strategic approach or technique adopted by organizations, which typically involves the process of adding more authority, dimensions and responsibility to the job of an employee in order to get them motivated and induce greater satisfaction. For example, an employee whose job description is to stock shelves, could be enriched to take customer orders, incoming inventory and closing sales.
On the other hand, job rotation can be defined as the process in which employees are shifted or moved from one job function to another at regular intervals in order to boost their knowledge, skills and experience.