Answer:
Union.
Explanation:
Collaborative bargaining can be defined as a strategic process which typically involves a formal negotiation between an employer of labor (top executive or management) and a union representing the employees working in an organization so as to both reach an agreement on minimum wage, benefits and other pertinent working conditions.
The union and management agreement that allows non-union people to be hired but requires that they join the union after a probationary period creates the union shop.
Under a union shop, employers are saddled with the responsibility of either employing only labor union members or require that all new employees that aren't members of the union as at the time of employment become members after a probationary period i.e within a specific period of time.
Answer:
The bond price is $ 9,184.18
Explanation:
I discounted all the future cash flows of the bond to present value in order to arrive at the price of the bond.
The discounting factor formula is 1/(1+r)^N where r is the rate of return of 3.4% divided by two as the return is semi-annualized and N is the relevant period of the cash flow.
The coupon is also divided by two to show that it is received twice a year.
Find attached detailed computation.
Answer:
19.84 years
Explanation:
Number of years = in ( fv / pv) / r
FV = future value
PV = present value
r = interest rate
IN(207000 / 57000) / 0.065
IN (3.631579) / 0.065 = 19.84
Answer: We'll advise KIL's owner to <u><em>continue production in the short run to minimize losses, but exit the industry in the long run.</em></u>
Explanation: Here in this case the revenue generated is able to cover the total variable cost incurred by the organization, therefore the organization should continue to produce in the short run but exit the market in the long run.
<u><em>Therefore, the correct option in this case is (d)</em></u>
Answer:
Quoted price of bond = $1825.05
Explanation:
The quoted price or price of the bond can be calculated by taking adding the present value of the annuity payments in form of interest made by the bond and the present value of the face value of the bond. The formula for the price of bond is attached.
The interest is payed semi annually, thus the semi annual coupon payment (C) is,
C = 2000 * 5.87% * 6/12 = 58.7
The semi annual YTM is = 6.9%/2 = 3.45%
Total semi annual periods are = 13 * 2 = 26
Bond Price = 58.7 * [(1 - (1+0.0345)^-26) / 0.0345] + 2000 / (1+0.0345)^26
Bond Price = $1825.051207 rounded off to $1825.05
