The option that describes possession utility is : ( A ) Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.
<h3>What is possession utility ?</h3>
Possession utility is the value which a product possesses that enables a customer to freely own and use the product as the customer/purchaser wishes.
In conclusion the option that describes possession utility is Efforts to communicate ( i.e. promote ) a product's value and then facilitate the exchange process.
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<u>Attached below are the missing options </u>
<em>A. Efforts to communicate (i.e., promote) a product's value and then facilitate the exchange process.</em>
<em>B. Acquiring inputs and transforming them into products or services of greater customer value.</em>
<em>C. Effectively managing all value-added processes that influence when a product is available for purchase.</em>
<em>D. Assuring that products and services are where customers expect to find them—when they are needed.</em>
<em>E. All of the above</em>
Answer:
Stated yield is 11.04%
expected yield is 5.78%
Explanation:
The expected yield to maturity can be computed using the rate formula in excel which is given below:
=rate(nper,pmt,-pv,fv)
nper is the number of coupon interest the bond would pay which is 13
pmt is the amount of coupon interest the bond pays which is $1000*10%=$100
pv is the current price of the bond which is $930
fv is the face value of $1000
=rate(13,100,-930,1000)=11.04%
However the expected yield has the coupon interest reduced to one -half as calculated below:
=rate(13,100*0.5,-930,1000)=5.78%
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