Answer:
The value of the policy assuming the proposed rates is 142,769.63
Explanation:
Time line:
<--/--/--/--/--/--/----------------------------------------------------------//-->
We have 6 payment and then, a lump sum capitalize until age 65
First we calculatethe value up to the end of the six year:
First year:
Amount 1,576.47
Second year:
Amount 1,446.31
Third Year:
Amount 1,468.04
Fourth year:
Amount 1,346.83
Fifth year:
Amount 1,354.43
Six year:
Amount 1,242.60
Sum at the end of the six year: 7,080.25
<u>Then this capitalize up to 65 birthday:</u>
from the seventh birthday up to the 65th birthday
65 - 7 = 58 years
Principal 8,426.68
time 58.00
rate 0.05000
Amount 142,769.63
Personal selling is considerably less effective than other forms of promotion in obtaining a sale and gaining a satisfied customer is <u>False</u>
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Personal selling, commonly referred to as face-to-face selling, is a sales technique where a single salesperson tries to persuade a consumer to purchase a product. It is a type of advertising where the salesperson employs their knowledge and talents in an effort to close a deal.
A salesman can use personal selling, a face-to-face selling method, to convince a consumer to purchase a specific product by utilizing his or her interpersonal abilities. The salesperson tries to persuade the consumer that the product will only add value by emphasizing its different qualities. There are two primary routes via which personal selling can be done.
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In competitive market equilibrium, the allocation of the social surplus is such that no individual can be made better off without making someone else worse off.
The phrase "competition equilibrium" refers to an equilibrium condition when the firm's goal of maximising profits and the customers' goal of maximising utility both aspire to reach an equilibrium price as a result of freely determined prices.
According to the theory of competitive equilibrium, the firm's supply of the product is equal to the market's demand for that same amount of the product. It is a circumstance in which neither the buyer nor the seller can strengthen their bargaining position with regard to the goods being sold.
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Answer: Dividend yield is 3.3%
Capital gains yield is 17.24%
Explanation:
Dividend yield is given as the ratio of annual dividend per share and stock's price per share.
Dividend per share = $1.9
Share price = $58
Dividend yield = 1.9/58 = 0.033 or 3.3%
Capital gain yield is the appreciation in the price of a stock expressed as a percentage.
Capital gain yield = (current price – original price) / original price x 100
Current price = $68
Original price = $58
CGY = (68-58)/58 * 100 = (10/58)*100 = 17.24%
<span>The country will have to negotiate new trade agreements with other nations.</span>
