Answer:
Total $53.0656 (millions)
Explanation:
We will need to add the present value of the coupon payment
and the present value of the maturity date
<u>present value of the annuity:</u>
C= 60 million x 5% /2 1.5
time= 20 years 2 payment per year = 40
rate = 6% annual = 0.06/2 = 0.03 semiannually
PV $34.6722
<u>present value of the bonds:</u>
Maturity 60
time 40
rate 0.03
PV $18.3934
<u>The value of the bond will be the sum of both</u>
PV c $34.6722
PV m $18.3934
Total $53.0656
Answer:
C
Explanation:
They are the ones to use to products.
b. They come from socially transmitted information.
Explanation:
Informal institutions -
- Socially shared information and rules
- social rules of informal institutions are usually unwritten rules
- social rules are created, communicated, enforced informal channels.
- do not depend on monitoring by external authority
Answer:
Deceptive pricing
Explanation:
Deceptive pricing is a strategy that organizations use to sell products in which they make people believe that they are paying lower price than the actual one. According to this, the answer is that Jameson just experienced deceptive pricing because the firm set a higher price before the promotion to make price attractive for customers and the promotion price was not lower.
Answer:
it would most likely be 2