Answer:
a. 8.33 percent
Explanation:
The computation of the economy's growth rate between the two years is presented below:
= (GDP at the end of year 2 - GDP at the end of year 1) ÷ (GDP at the end of year 1) × 100
= ($1,300 billion - $1,200 billion) ÷ ($1,200 billion) × 100
= ($100 billion) ÷ ($1,200 billion) × 100
= 8.33%
The economic growth rate is always expressed in percentage form
Answer:
The correct answer is A) locking in customers
Explanation:
Basically, closing a customer is getting a commitment from the potential buyer. Closing sales means helping the customer make a decision.
When a seller makes the presentation of the product and its benefits to the user of the product, objections arise. These should not be viewed negatively, since in many cases objections are a sign of interest.
True. All of these statements are important when formatting your resume. You want to make sure your resume is well written, eye catching and persuasive to the employer so that you make a good imprecion on paper and they contact for an interview. Standing apart from other applications is important and your resume is all they have to make decisions off of until they meet with you.
Answer: The bondholders decided to convert the bonds into common stock because they believed that getting $2250 today is worth more than $120 interest every year and a $1000 principal payment at the end of the bonds life.
Explanation:
1) In order to find out the number of bonds issued we need to divide 750,000 (Total ) by 1000(Face value of each bond).Total number of bonds issues therefore are 750.
2) A 12 percent convertible bond means that the bond pays a coupon of 120 ( 0.12 * 1000) every year.
3) Each bond is convertible into 25 shares , which means if one bond is converted into common stock, the bond holder can earn $1750. We calculate this number by multiplying the number of shares which is 25 into the current market price of the shares which is 70.
4) Also the company is offering an extra $500 per bond for converting it which means (500/25) an extra $20 per share.
5) So in total the bondholder by converting a bond and selling the shares he gets by converting it can earn $2250 per bond which they bought for a $1000 and gives them 120$ of interest every year.
6) SO to conclude the bondholders decided to convert the bonds into common stock because they believed that getting $2250 today is worth more than $120 interest every year and a $1000 principal payment at the end of the bonds life.
