Answer: $9909
Explanation:
Let the amount that will be paid be represented by y. The question can now be solved as:
(10000 - y)/10000 × 360/182 = 0.018
(10000-y)/10000 = 0.018 × 182/360
(10000 - y)/10000 = 0.0091
10000-y = 0.0091 × 10000
10000 - y = 91
y = 10000 - 91
y = $9909
Answer:
The correct answer is: command groups.
Explanation:
Formal groups are created by the organization and are intentionally designed to direct members towards an important objective of the organization. A type of formal group is referred to as a group of commands (that is, those that can legitimately give orders to others). Formal organization group can also be formed around a specific task. This group is known as a task group. Unlike command groups, a work group can be made up of people with some special interest or experience in a given area, regardless of their positions in the hierarchy of the organization. It consists of managers, subordinates, or both, with close relationships between group members that influence the behavior of individuals in the group.
Answer: have someone study its target market to see what needs and wants should be met by Mimi Couturier Co
Explanation:
Despite the fact that Mimi Couturier is doing everything possible to be efficient and productive, the company is losing money because the company hasn't studied the target market.
The target market refers to the group of consumers that the product is aimed for. When the target market is studied, then the company will be able to know what the consumers want from them and seek ways to address that.
Answer:
10,064 bonds
Explanation:
Given:
Amount to be raised = $2,800,000
Par value (FV) = $1,000
Maturity (nper) = 20×2 = 40 periods
Yield (rate) = 6.49 ÷ 2 = 3.245% or 0.03245
Coupon payment is 0 as it's a zero coupon bond.
Assume it's compounded semi-annually.
Calculate the price of the bond today using spreadsheet function =PV(rate,nper,pmt,FV)
Price of bond is $278.23
PV is negative as it's a cash outflow.
Number of bonds to be sold = Total amount to be raised ÷ Price of bond
= 2,800,000 ÷ 278.23
= 10,064 bonds
Company should sell 10,064 bonds to raise $2.8 million
