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3 years ago

Payment by check is an important internal control over cash payments because

1 answer:

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Payment by check is preferred over payment by cash because first it eliminates the interaction of people that will lead to some unwanted doings such as corruption. payment by check is also safer because you can just cash the money later and deposit right after

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Using notes outside of given key to produce heightened color is referred to as

Yanka [14]

Using notes outside of a given key to produce heightened color is referred to as "chromaticism".

Chromaticism, in music, the utilization of notes unfamiliar to the mode or diatonic scale whereupon an organization is based.

Chromatic tones in Western craftsmanship music are the notes in an organization that are outside the seven-note diatonic (i.e., major and minor) scales and modes. On the piano console, the dark keys speak to the 5 chromatic tones that don't have a place with the diatonic size of C real; high contrast keys together mean the chromatic size of 12 tones for every octave.

6 0

3 years ago

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A two-year bond with par value $1,000 making annual coupon payments of $99 is priced at $1,000.

iVinArrow [24]

Answer:

(a) 9.9%

(b) 10.09%

The further explanation is given below.

Explanation:

The given values are:

Coupon payment

= $99

Price

= $1,000

(a)

The Yield to maturity (YTM) will be:

= $\frac{C+\frac{F-P}{n} }{\frac{F+P}{2} }$

where,

C = Coupon payment

P = Price

n = years to maturity

F = Face value

On putting the estimated values is the above formula, we get

⇒ $99+\frac{0}{1000}$

⇒ $.099$

⇒ $9.9$ %

(b)

Although the 1st year coupon was indeed reinvested outside an interest rate of r%, cumulative money raised will indeed be made at the end of 2nd year.

= $[99\times (1 + r)] + 1,099$

Came to the realization compound YTM is therefore a function of r, as is shown throughout the table below:

Rate (r) Total proceeds Realized YTM ( $(\frac{proceeds}{1000} )^{.5} - 1$ )

7.9% 1205.8 9.8%

9.9% 1207.8 9.9%

11.9% 1209.8 9.99%

Now,

Overall proceeds realized YTM:

= $\frac{proceeds}{1000} -18 \ percent \ 1,\frac{2081208}{1000} - 1$

= $0.0991$

= $9.91 \ percent \ 10 \ percent \ 1,\frac{2101210}{1000}- 1$

= $0.1000$

= $10.00 \ percent \ 12 \ percent \ 1,\frac{2121212}{1000}-1$

= $0.1009$

= $10.09$ %

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3 years ago

"a ________ is an order to buy or sell a set number of securities immediately at the best price available."

inessss [21]

<span>market order~~~~~~~~~~~~</span>

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3 years ago

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Jack recently took out a loan from Diane at an interest rate of 4 percent. Diane expected this year’s inflation rate to be 1 per

defon

The complete question has been added with an image for better understanding of the concept. The beneficiaries of the inflation and interest rates will be,

When inflation is 1 percent, Diane will benefit more than Jack;
When inflation is 0 percent; Diane will benefit more than Jack;
When inflation is 4 percent; Jack will benefit more than Diane;
When inflation is -2 percent; Diane will benefit more than Jack.

<h3>What is inflation?</h3>

A given increase in rates or prices of any commodity, including monies, over a particular financial period is known as inflation.

The rates and beneficiaries due to the unexpected change in inflation for the above situation is given attached in the image in the form of a table.

Hence, the significance of inflation is as mentioned.

Learn more about inflation here:

brainly.com/question/15692461

#SPJ1

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2 years ago

Roddie is 30 years old. He was demoted from his job as a manager at Big Trucks, a company with 10,000 employees. He was replaced

labwork [276]

The option available for Roddie would be "Roddie has no options under ADEA."

To understand this, we need to go through the terms of 'Age Discrimination Policy in Employment Act;'

This Act covers the cases of employees or workers aging either 40 or above who have suffered age-based discrimination.
The people aging under 40 are not covered under this act and hence, the benefits can not be reaped by them in any situation.
This law doesn't allow the process of giving preference to an older employee over the younger to be considered illegal.

Hence, Roddie has no available options under ADEA as he is below 40(in fact only 30 years old) and he cannot claim under ADEA for justice.

Learn more about 'Age Discrimination in Employment Act (ADEA)' here: brainly.com/question/7239617

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3 years ago