Answer: Modeling
Explanation: Alex is modeling the behavior of others on the dining table to know the right flatware to use because he isn't sure of the correct one to use.
Modeling someone's behavior means to observe their behavior and trying to imitate them.
D) Which is Defaulting on a loan!
Answer:
C) Third
Explanation:
The first meal gives you 4 units of utility for every dollar spent (= 100 utility / $25).
The second meal gives you 5 units of utility for every dollar spent (= 10 utility / $2).
The third meal gives you 10 units of utility for every dollar spent (= 50 / $5). We should choose the meal that provides us with the greatest utility per dollar.
The current yield for a corporate bond = 9.19 %
Calculation :
Amount of annual interest = face value × rate of interest
= $1000 × 8.0
= 8000%
Then, Current yield = amount of annual interest / current price
= 8000% ÷ $870
= 9.19 %
Do corporate bonds pay interest?
Corporate bonds pay interest semi-annually, which suggests that, if the coupon is five percent, each $1000 bond can pay the bondholder a payment of $25 every six months--a total of $50 per year
What Is the Current Yield?
Current yield is an investment's annual income (interest or dividends) divided by the present price of the security. This measure examines the present price of a bond, instead of looking at its face value.
Learn more about current yield :
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