Answer:
The correct answer is letter "C": You rightly expect only the best quality from the Yuma brand, and this is why we will gladly provide you with a brand-new gym bag that features our trademarked.
Explanation:
Adjustment letters are the replies merchants or sevice providers send to their customers after claims. The document includes the investigation made of the consumers' particular case and what the course of action will be to solve the problem acccording to the terms and conditions of the good purchased or the service rendered.
If adjustment letters have <em>positive outcomes </em>for the consumer should provide the news at the openning. If <em>negative</em>, it is better to explain the reasons of the denial first and state the result at the end. Then, an example of a good opening for an adjustment letter would be:
<em>"You rightly expect only the best quality from the Yuma brand, and this is why we will gladly provide you with a brand-new gym bag that features our trademarked".</em>
Answer:
The price of the bond is $ 1,041.22
Explanation:
In calculating the price of the bond i discounted the future cashflows consisting of coupon payment and par value at redemption using the discount factor 1/(1+r)^N where r is the semi-annual YTM and N is the relevant period of cash flow.
The remaining coupon payments imply 14 years as a year has passed since the bond was issued.
Find attached spreadsheet.
Answer:
FV= $857,840.94
Explanation:
Giving the following information:
First investment:
Annual deposit= $5,000 per year
Interest rate= 10%
Number of years= 5
Second investment:
Number of years= 35
Interest rate= 10%
Lumpsum= first investment
First, we need to calculate the future value of the first investment. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,000*[(1.1^5) - 1]} / 0.10
FV= $30,525.5
Now, the future value of the second investment.
FV= PV*(1+i)^n
FV= 30,525.5*(1.1^35)
FV= $857,840.94
Answer:
The broker is doing two different jobs; so it is okay to have two different licenses.
Explanation:
In this case, since the broker is doing two different jobs then it is okay for him to have two different licenses. In a hypothetical case that the individual Broker was doing the same job role for two different companies then that would be considered a form of conflict of interest and may cause problems with both firms in the future. Since this is not the case, then he should not have any problem.
