Answer:
Bond Price = $903.585916 rounded off to $903.59
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Coupon Payment (C) = 1,000 * 0.083 = $83
Total periods (n) = 7
r or YTM = 0.103
The formula to calculate the price of the bonds today is attached.
Bond Price = 83 * [( 1 - (1+0.103)^-7) / 0.103] + 1000 / (1+0.103)^7
Bond Price = $903.585916 rounded off to $903.59
Answer:
B) It predicts future behavior based on the applicant's past
Explanation:
Generally the biographical information collected by human resource managers includes your age, sex, education, work experience and interests or even hobbies. Obviously the age, education and work experience is the most relevant information for them. Biographical data or biodata is useful because it helps to predict future behavior based on their past activities.
In the question mentioned above, we are asked who are the support staff in the office of the president and this includes different people when different job description. These people are the following list enumerated below:
1. Administrators
2. The Cabinet Members
3. The reporters
4. The party leaders
Is this is japanese or what
Answer:
State ownership
Explanation:
State ownership, or government ownership, or public ownership, is a form of ownership were the government owns or partly owns as well has control over a business with the revenue from the business or establishment being added as benefits accruable to the welfare of the public
The characteristics of a state ownership are;
1) State ownership means that the government is the owner, or part owner of the establishment, where part ownership belongs to the public
2) The main purpose of a state owned business is not to make profit, but rather to provide public welfare, that benefits the residents of the country
3) The profits from the business are entered into the treasury of the state and are used to carry out public welfare projects
4) The employees of the government are the managers of the establishment which is subject to bureaucracy, and the business is operated with a state selected board of directors
5) The government determines the manner of stability present in the business, as well as the winding up of state owned businesses that have no function
6) The state owned business is operated by the laws and policy if the business and it is therefore recognized as an autonomous body