Answer:
The Whip
Explanation:
According to my research on the process that every legislation goes through in order to proceed to the senate, I can say that based on the information provided within the question it is the job of The Whip to organize the votes. Formally known as the "assistant party leader", The Whip's primary job is to keep track and sum up the number of votes for and against a piece of legislation.
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Answer:
Net present value of this project is $282470.22
Explanation:
Present value of inflows = Cash Inflow * Present value of discounting factor(rate%,time period)
=900,000/1.08+900,000/1.08^2+900,000/1.08^3+900,000/1.08^4+900,000/1.08^5+900,000/1.08^6+900,000/1.08^7+900,000/1.08^8+900,000/1.08^9+900,000/1.08^10+900,000/1.08^11+900,000/1.08^12
=6782470.22
NPV=Present value of inflows-Present value of outflows
=6782470.22-6,500,000
=$282470.22
Predictions usually refer to the collective behavior of large groups rather than individual because looking at the behaviors of a large group of individuals allows economist to discern General patterns of actions and therefore make more reliable generalization.
Answer:
E) Yield to maturity < Coupon rate
Explanation:
As we all know that:
Bond's Yield = Coupon Payments / Market Price
If the market price has exceeded from the par value then the yield of bond will eventually fall from the previous level. In other words, as market value of bond is directly proportional to the coupon payments so we can say that the coupon rate increases the value of the bond.
Hence
Coupon rate > Yield to maturity (If the market value is above par value)
If we change the sign, we have:
Yield to maturity < Coupon rate (Which is the option E)
