Answer:
$977.93
Explanation:
This is a coupon paying bond. Using a financial calculator, input the following;
Time to maturity; N = 15
Coupon payment; PMT = 7.25% *1000 = 72.5
Face Value; FV = 1,000
Annual interest rate; I/Y = 7.5%
then compute the price of the bond, a.k.a present value; CPT PV = 977.93
Therefore, the price of the bond today is $977.93
<span>The standard of proof to find a defendant who has been charged with a crime guilty is beyond a reasonable doubt. This means Sun-Hi can only be found guilty by jurors after all the evidence is given and all the the facts and information about the case has been given as well. The jurors must be convinced that Sun-Hi is guilty of the crime by using the evidence. This term creates a standard for all courts in the U.S. to follow, which ensures the court process is done right.</span>
I am not sure what your other choices are, but this choice is not correct.
Economies of scale deal with marginal costs and NOT total costs. You would always expect TOTAL costs to go up when you produce more of an item, even when you have economies of scale. Economies of scale says that costs go up LESS with each new unit up until a certain point
The basic five stages are problem recognition, information search, alternatives evaluation, purchase decision, and post-purchase evaluation.
<h3>What is a purchase?</h3>
A purchase refers to the action of buying something. Purchasing is considered an important course of action.
There are five main stages that a customer needs to undergo before making any decision either to buy a product or not.
The five stages are
- Problem recognition- It is the most basic step that ensures if there is a need for purchase.
- Information search- The next step is to search the information related to the Tata Nano
- Alternatives evaluation- It helps in evaluating the choices available for the product. Other options for cars are taken into consideration.
- Purchase decision- After evaluation, a consumer may decide between buying Tata Nano. This decision depends upon the feedback of other people.
- Post-purchase evaluation- After purchasing, it may lead to brand loyalty if the customer is satisfied with the purchase.
Learn more about the Purchase decision process here
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