Answer:
The cost of loan is $600000.
Explanation:
The loan amount = 4000000
The cost of loan refers to the interest rates and other charges that borrower pays. So in the given question first installment is 2400000 in the first year and second installment is 2200000. Here, lets assume any amount other then actual amount of loan amount is the amount spent on loan.
So, the cost of loan = (2400000 + 2200000) – 4000000 = $600000
Answer:
16.22%
Explanation:
To calculate the annual coupon rate, you can use the following formula:
Coupon Rate= (Annual coupon payment/Par value of the bond)* 100%
Annual coupon payment= $1158.91*14%= 162.2
Par value of the bond= $1000
Coupon Rate= (162.2/1000)*100%
Coupon Rate=0.1622*100%
Coupon Rate= 16.22%
The annual coupon rate on this bond is 16.22%
Answer:
And he has reasons to be angry. The hotels usually are part of a large chain that can provide service for costumers to be happy in the given case that something like what you described happens. The hotel is not taking into account the interest and concerns of it's costumer and that will greatly affect the reputation the have.
Explanation:
When a company "Guarantee" a service or product is under the moral obligation to satisfy the costumer on the terms previously agreed on. Managers should be aware that failing to fix the problem will no doubt affect the perception of possible clients in the future.
