The greatest amount of satisfaction comes from good's consumption of utility or say utility maximizer.
<h3>What is the term about?</h3>
A utility maximizer is known to be a person that seeks to get the highest satisfaction or happiness.
Utility is known to be the happiness or benefit consumers gotten from a good's consumption.
Therefore, The greatest amount of satisfaction comes from good's consumption of utility or say utility maximizer
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Answer:
The franchise organization model offers the franchisee the ability to grow under a common brand and share in the benefits of a larger group of business owners. ... Training from successful business operators. A lower risk of failure and/or loss of investments than if you were to start your own business from scratch.
Answer: 7.43%
Explanation:
The yield to maturity simply refers to the total return that is expected on a bond as long as the bond is held till it matures.
In this case, since the investor is indifferent between this municipal bond and an otherwise identical taxable corporate bond, the yield to maturity of the corporate bond will be:
4.83% = Corporate bond YTM × ( 1- 35%)
4.83% = Corporate bond YTM × 65%
Corporate bond YTM = 4.83% / 65%
Corporate bond YTM = 0.0483/0.65
Corporate bond YTM = 7.43%
The yield to maturity of the corporate bond is 7.43%
