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Eduardwww [97]
3 years ago
7

Your firm has just issued five-year floating-rate notes indexed to six-month U.S. dollar LIBOR plus 1/4 percent. What is the amo

unt of the first coupon payment your firm will pay per U.S. $1,000 of face value, if six-month LIBOR is currently 7.2 percent?
Business
1 answer:
andre [41]3 years ago
5 0

Answer:

The first coupon payment is 37.25 dollars.

Explanation:

This problem require us to calculate the first coupon payment that the firm will make. This can be easily calculated by multiplying the applicable interest rate with face value of notes issued.  

The applicable interest rate is six month libor + 0.25% (1/4)

so

First coupon payment = (7.45%)'/2 * 1000 = 37.25 dollars

'7.25%  + 0.25% = 7,45%

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Colt1911 [192]

Answer:

Physical budget.

Explanation:

A budget can be defined as the total amount of money that is required for a particular purpose. A budget shows how an individual decides to spend his/her income.

A good budget must start with the individual source of income, that is the person source of money. It is very important for an individual to know how much comes in so as to effectively plan his expenses.

Jonathan Wynn has developed a physical budget by putting a specific amount of money in different envelopes which he plans to spend each month.

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3 years ago
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joja [24]

Answer:

The correct answer is "Geographic proximity ".

Explanation:

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3 years ago
Shawn is a regional sales manager of a popular fortnightly magazine. He sets targets for and reviews the performances of the sal
disa [49]

<u>Full question:</u>

Shawn is a regional sales manager of a popular fortnightly magazine. He sets targets for and reviews the performances of the sales representatives of his region. Changes in marketing strategies mandated by the magazine's headquarters authorized Shawn to be solely responsible to bring about the necessary changes in his region. In the given scenario, Shawn is most likely a _____.

A) middle manager

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<u>Answer:</u>

In the given scenario, Shawn is most likely a middle manager

<u>Explanation:</u>

Middle managers deal with intent perspective and department-level decision making. Middle managers are accountable for each of the areas, as properly as for specific units inside the functional lines. Middle managers are responsible to top management for their department’s function.

They control lower-level managers and encourage them to work better. General managers, branch managers, department managers are all instances of middle-level managers. Middle managers require information from high to know what the plan is and erudition from beneath to track growth and contemporary conditions.

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3 years ago
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MariettaO [177]

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I did that because I wanted to earn points, and alas. I wasnt sure how to other than this.

Explanation:

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3 years ago
What is meant by cot plus pricing
KatRina [158]

Answer:

Its technically just a mark up on goods.

Explanation:

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3 years ago
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