Answer:
$1,035.71
Explanation:
first we must determine the annual interest = face value x coupon rate = $1,000 x 7.25% = $72.50
now to determine the approximate market value = annual interest / market interest rate = $72.50 / 7% = $1,035.71
since the market rate is lower than the coupon rate, you can sell your bond at a premium
They control a country's foreign exchange reserves and set its monetary policies.
Answer:
c. Gap 4
Explanation:
When choosing a transition method, gap 4 analyses the disparity created in the business cycle due to the inconsistency in consumers ' expectations with what service provider provides on the market.
Therefore in the given case the Gap 4 to be considered as a misunderstanding or misperception regarding what customers truly needs and what service provided provides to the customer
Hence, the correct option is c.
Matters where you live. it is different in different places.