Answer:
a closed shop
Explanation:
Based on the scenario being described within the question it can be said that this provision reflects a closed shop. This term refers to a specific place of employment in which all the individual's who are employed in this place must currently belong to an agreed trade union and be following all the guidelines set forth by the union. Such as the Overnight Construction Company has stated that must be the case in order to hire an individual.
Answer:
The new price of the bond is $928.94
Explanation:
Initially the bond's price is equal to its par value which means the coupon rate on bond and the market interest rates are the same i.e. 6%.
Th bond's price is calculated as the sum of the present value of the annuity of interest payments by the bond and the present value of the face value of the bond that will be received at maturity. The discount rate used to calculate the present values is the market interest rate.
As the bond is a semiannual bond, we will use the semi annual coupon payment, the semi annual percentage of the annual rate of interest on market and the number of semi annual periods outstanding.
Semi annual coupon payment = 1000 * 0.06 * 6/12 = $30
Number of semiannual periods till maturity = 10 * 2 = 20 periods
New market interest rate = 6 + 1 = 7% annual
New semi annual market interest rate = 7% / 2 = 3.5%
Price of bond = 30 * [ (1 - (1+0.035)^-20) / 0.035 ] + 1000 / (1+0.035)^20
Price of bond = $928.938 rounded off to $928.94
We used the present value of annuity ordinary formula for preset value of interest payments and the normal present value of principal formula for the face value.
Answer: 2. Although the presentation was extremely long, it outlined the research, analyzed the data, and provided clear recommendations that will be useful in the future.
Explanation:
Parallel Sentences are constructed when you used the same grammatical form across the entire sentence. This way the sentence is balanced and easier to read.
For example, Sophia likes reading, hiking and watching television. As opposed to, Sophia likes reading, hiking and watch Television. The watch in the sentence is not using the grammatical form that is the present participle which is present in most of the sentence.
The correct sentence above therefore is the second one.
It uses the same form throughout the sentence by putting it in past tense.
The act of specialization is the division of a work process into distinct tasks that are necessary to the organisation or business but cannot be carried out by a single person.
What Are the Economic Impacts of Specialization?
- When the innate differences in human productivity are accentuated along different skill lines, specialization and the complementary concept of division of labour occur.
- A person becomes more economically specialised as they focus their productive efforts on an ever-narrower range of tasks.
- The most obvious economic impact of specialization is the propensity for people to choose a variety of professions that are more in line with their interests, capabilities, chances, and education.
- Economic agents that concentrate on a certain task become more adept at it. Because repetition and muscle memory increase productivity, both preschoolers and professional athletes practise before a game.
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