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alukav5142 [94]
3 years ago
9

David is the HR manager at Garden Pipes International. For filling the vacancies created by recent retirements in the finance​ d

epartment, David has developed a formal statement summarizing the tasks involved in the job and the conditions under which the new hires will work. The statement David developed is​ _________.
Business
1 answer:
Harlamova29_29 [7]3 years ago
6 0

Answer:

A job description

Explanation:

A job description -

It refers to the piece of information where all the work related to a particular job is mentioned , is referred to as a job description .

Things like the duties , skills , qualifications , responsibilities are mentioned in a job description .

The responsibility is handled by the Human resources department of the company .

Hence , from the given scenario of the question ,

The correct answer is a job description .

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Miller Corporation has a premium bond making semiannual payments. The bond pays a coupon of 10 percent, has a YTM of 8 percent,
Degger [83]

Answer:

          Miller Bond:                    

Today:      1,166.63

1-year       1,159.83

4-years     1,135.90

9-years     1,081.11

13-years   1,018.86

14-years  1,000 (maturity)

Modigliani Bond

Today:     851.01

1-year      856.25

4-years    875.38

9-years     922.78

13-years   981.41

14-years  1,000 (maturity)

Explanation:

The present value will be the discount coupon payment and maturirty at the YTM rate:

<u>Miller Bond:</u>

The coupon payment are calcualte as ordinary annuity

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 50.00 (1,000 x 10% / 2)

time      28 (14 years x 2 payment per year)

rate   0.04 (8% YTM / 2 payment per year)

50 \times \frac{1-(1+0.04)^{-28} }{0.04} = PV\\

PV $833.1532

While Maturity, using the lump sum formula

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $1,000.00

time   28 semesters

rate  0.04

\frac{1000}{(1 + 0.04)^{28} } = PV  

PV   333.48

PV coupon $833.1532  +PV maturity  $333.4775  = Total $1,166.6306

For the subsequent time we must adjust t

in one year, there will be 26 payment until maturity

50 \times \frac{1-(1+0.04)^{-26} }{0.04} = PV\\

PVcoupon $799.1385

\frac{1000}{(1 + 0.04)^{26} } = PV  

PVmaturity   360.69

Total $1,159.8277

As the bond get closer to maturity it will get closer to face value until maturity when it will equalize it.

<u>We recalculate the same formula with values of:</u>

in 4-year : then 10 years to maturity t = 20

in 9-years: then 5 years to maturity t= 10

in 13-years: 1 year to maturity t = 2

at 14 years: is maturity date so equals the face value of 1,000

<em>Remember:</em> there are two payment per year.

Same process will be done with Modigliani bond:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 1,000 x 8% / 2 payment per year : 40.00

time: 14 years x 2 payment per year = 28 payment

rate 10% annual rate /2 = 0.05

40 \times \frac{1-(1+0.05)^{-28} }{0.05} = PV\\

PV coupon $595.9251

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity $ 1,000.00

time   28 semester

rate  0.05

\frac{1000}{(1 + 0.05)^{28} } = PV  

PV  maturity 255.09

PV coupon $595.9251  + PV maturity  $255.0936 = Total $851.0187

and then we calcualte for the same values of t we are asked for the Miller bond.

8 0
3 years ago
A policy of permitting the people of a country to buy and sell where they please, without restrictions, is called:
jeyben [28]

Answer: free trade

Explanation:

A policy of permitting the people of a country to buy and sell where they please, without restrictions, is referred to as the free trade.

Free trade allows countries interact with one another and trade the foods and services that they've.

6 0
3 years ago
An effect of changing legislation on human resources professionals is that: Multiple select question. they must update company H
navik [9.2K]

They must update company HR policies and procedures is An effect of changing legislation on human resources professionals.

<h3>What is human resources?</h3>

Human resources is the recruiting department in the organization, that has many roles and responsibilities like payroll, fill the vacant position of the company, ensure the company's harmony, arranging the events in the organization.

Thus, option A is correct.

For more details about human resources, click here:

brainly.com/question/13190588

#SPJ1

3 0
2 years ago
Who benefits from deducting the amount paid in state income tax from their income for purposes of computing federal income tax?
Nonamiya [84]

The person that benefits from deducting the amount paid in state income tax from their income for purposes of computing federal income tax is  option a: Everyone who must pay state income tax.

<h3 /><h3>What are Income tax in the United States?</h3>

Income taxes in the United States is known to be a kind of a tax that is often imposed by the federal government, as well as a lot of states.

Note that  the income taxes are said to be set by applying a tax rate as income increases,  and as such,

Therefore, The person that benefits from deducting the amount paid in state income tax from their income for purposes of computing federal income tax is  option a: Everyone who must pay state income tax.

Learn more about federal income tax   from

brainly.com/question/1601662

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3 0
1 year ago
The job outlook for physical therapists
dusya [7]

The job outlook for physical therapists B. depends on the economy. Jobs in general depend on the economy and the needs of those within it. If there is a high need for physical therapists, then the will improve or remain stable over time. If the economy starts to decline, there may be a lesser need or opportunity for physical therapists (and other professions) to find work.

8 0
3 years ago
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