intrinsic value, because it is used to show the moral goodness in a person.
Answer: 1.82
Explanation:
Following the information given, the number of years that it will take until this bond matures will be calculated thus:
Current price = $1021.26
Coupon = 8% = 0.08
Face value = $1000
Semiannual coupon = 0.08/2 × 1000 = 40
Semiannual Yield = 6.74%/2 = 0.0674/2 = 0.0337
Total semiannual period = NPER(0.0337, 40, -1021.26, 1000) = 3.64
Total years will now be: = 3.64/2 = 1.82
Therefore, the correct option is B.
Answer: Option E
Explanation: In simple words, the group of factors outside the organisation that are not in the control of the management are called external environment. The legal-political dimension refers to the rules and legislation passed by the authorities for effective operating of the society as a whole.
In the given case, the inspection leading to safety upgrade was done done by the govt. Such requirement depicts that the safety structure was not as per the law passed or rule made.
Hence, from the above we can conclude that the correct option is E.
Answer:
The investment club is not a restricted purchaser and may buy the IPO
Explanation:
In the financial market a restricted purchaser is someone that has has direct engagement in a business or who has affiliates that are directly engaged in the business that wants to sell securities.
In this scenario a restricted purchaser will be someone that has direct business engagement in the representative firm. Since this is not so the president of the investment firm is free to purchase the IPO.
An Initial Public Offering is when a companies decides to make its shares available to the public for the first time.
