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4 years ago

What is dismissal in business?

Business

1 answer:

Oliga [24]4 years ago

8 0

Answer:

A dismissal is when you end an employer's contract, with or without notice. Dismissal from work also occurs when an employee's fixed-term contract expires and you choose not to renew it. When should I dismiss someone?

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Miller Corporation has a premium bond making semiannual payments. The bond has a coupon rate of 8 percent, a YTM of 6 percent, a

Vesna [10]

Answer:

The function/formula for PV is PV(Rate,Nper,PMT,FV) where Rate = YTM, Nper = Period, PMT = Coupon Payment and FV = Face Value of Bonds.

a. Miller Bond

Here, Rate = 6%/2 = 3%, Nper = 18*2 = 36, PMT = 1,000*8%*1/2 = $40 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(3%,36,40,1000)

Bond Price = $1,218.32

Modigliani Bond

Here, Rate = 8%/2 = 4%, Nper = 18*2 = 36, PMT = 1,000*6%*1/2 = 30 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(4%,36,30,1000)

Bond Price = $810.92

b. 1 Year from Now

Miller Bond

Here, Rate = 6%/2 = 3%, Nper = 18*2 = 34, PMT = 1,000*8%*1/2 = $40 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(3%,34,40,1000)

Bond Price = $1,211.32

Modigliani Bond

Here, Rate = 8%/2 = 4%, Nper = 17*2 = 34, PMT = 1,000*6%*1/2 = 30 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(4%,34,30,1000)

Bond Price = $815.89

9 Years from Now

Miller Bond

Here, Rate = 6%/2 = 3%, Nper = 9*2 = 18, PMT = 1,000*8%*1/2 = $40 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(3%,18,40,1000)

Bond Price = $1,137.54

Modigliani Bond

Here, Rate = 8%/2 = 4%, Nper = 9*2 = 18, PMT = 1,000*6%*1/2 = 30 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(4%,18,30,1000)

Bond Price = $873.41

13 Years from Now

Miller Bond

Here, Rate = 6%/2 = 3%, Nper = 5*2 = 10, PMT = 1,000*8%*1/2 = $40 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(3%,10,40,1000)

Bond Price = $1,085.30

Modigliani Bond

Here, Rate = 8%/2 = 4%, Nper = 5*2 = 10, PMT = 1,000*6%*1/2 = 30 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(4%,10,30,1000)

Bond Price = $918.89

17 Years from Now

Miller Bond

Here, Rate = 6%/2 = 3%, Nper = 1*2 = 2, PMT = 1,000*8%*1/2 = $40 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(3%,2,40,1000)

Bond Price = $1,019.13

Modigliani Bond

Here, Rate = 8%/2 = 4%, Nper = 1*2 = 2, PMT = 1,000*6%*1/2 = 30 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(4%,2,30,1000)

Bond Price = $981.14

18 Years

Miller Bond

Here, Rate = 6%/2 = 3%, Nper = 1*2 = 2, PMT = 1,000*8%*1/2 = $40 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(3%,0,40,1000)

Bond Price = $1,000

Modigliani Bond

Here, Rate = 8%/2 = 4%, Nper = 0, PMT = 1,000*6%*1/2 = 30 and FV = $1,000 [we use 2 since the bond is semi-annual]

Bond Price = PV(4%,0,30,1000)

Bond Price = $1,000

3 0

3 years ago

Darren Bloom, the sales manager for John Fountain Products, a small family business, is eager to get the company on an export pa

vlada-n [284]

Answer:

The correct answer is C

Explanation:

Exporting is the term which is defined as the function of the international trade whereby the goods are produced or manufacture in one country and then are shipped to another country for the purpose of future sale or trade.

In order to convince the CEO for exporting the Bloom, he should state the advantage that on exporting, the company will have or provide large amount of revenue and the opportunities for profit.

7 0

3 years ago

A local portrait photographer currently employs 2 helpers for the busy Fall season. With two helper she can produce 450 packets

Cerrena [4.2K]

Answer:

The marginal product for the third worker is 150 packets

Explanation:

Marginal product is the change in the output of a firm as a result of an additional input or factor of production. These additional inputs may include materials, labor etc.

The Marginal product for the third worker can therefore be calculated as

change in Total product / change in labour

change in total product = New packets of senior portrait - old packets of senior portraits ( 600 - 450) = 150

change in labour ( 3 - 2 ) = 1

150/1 = 150 packets

6 0

3 years ago

Quantitative Problem: Rosnan Industries' 2013 and 2012 balance sheets and income statements are shown below.

Whitepunk [10]

Answer:

Explanation:

8 0

4 years ago

Consider a bank counter with two employees serving the customers. Deposit takes 5 minutes, cash withdraw takes 6 minutes, and el

Pavel [41]

Answer:

75%

Explanation:

As we know that

Utilization of the counter is

= Required time ÷ Capacity in terms of minutes per hour

where,

Required time is

= 5 minutes × 10 deposit transactions + 6 minutes × 5 withdraw transactions + 10 minutes × 1 electronic transfer

= 50 minutes + 30 minutes + 10 minutes

= 90 minutes

And, the capacity is

= 60 × 2

= 120 minutes

So, the utilization is

= 90 minutes ÷ 120 minutes

= 75%

4 0

3 years ago

What is dismissal in business?​

What is dismissal in business?