A leader has more responsibility than a "peasent" or commener.
Answer:
Low interest loans given for students to attend college
Explanation:
Subsidies are not supposed to be paid back
Answer:
Skilled labor is an advanced factor endowment
Explanation:
According to porter's diamond about national advantage, the potential of factor endowments is increased by four factors that increases the nation advantage, these factors are: factors condition; firm structure, strategy and rivarly; demand condition; related and supporting industries.
Every factor leads changes on the national advantage, as an example, demand conditions because when the market conditions are more demanding the nation is willing to be more competitive, it pursues a best development on products and specialized labor skills.
Answer:
7.75%
Explanation:
We are given the present and future value of the bonds, the payments, and the number of payments, but we must determine the discount rate. Since I like to use excel, I will prepare a payment a series of cash flows to determine the internal rate of return:
- initial cash flow = -1,128
- 37 cash flows = 88
- 38th cash flow = 1,088
using the IRR function:
=IRR(-1128,88 ... 37 times,1088) = 7.75%
In order for Bdj Co. to be able to sell their bonds at par value, they should offer a 7.75% coupon rate.