Answer:
C
Explanation:
The drawee is the bank with which the drawer has an account.
Answer:
Market Price $985.01
Explanation:
We have to convert the US semiannually rate to annually.
![(1 + 0.078/2)^{2} -1 = 0.079521](https://tex.z-dn.net/?f=%281%20%2B%200.078%2F2%29%5E%7B2%7D%20-1%20%3D%200.079521)
Now this is the annual rate spected for a similar US Bonds
So we are going to calculate the present value using this rate.
Present value of an annuity of 78 for 20 years at 7.9521%
![C * \frac{1-(1+r)^{-time} }{rate} = PV\\](https://tex.z-dn.net/?f=C%20%2A%20%5Cfrac%7B1-%281%2Br%29%5E%7B-time%7D%20%7D%7Brate%7D%20%3D%20PV%5C%5C)
![78 * \frac{1-(1+0.079521)^{-20} }{0.079521} = PV\\](https://tex.z-dn.net/?f=78%20%2A%20%5Cfrac%7B1-%281%2B0.079521%29%5E%7B-20%7D%20%7D%7B0.079521%7D%20%3D%20PV%5C%5C)
PV = 768.55
And we need to add the present value ofthe 1,000 euros at this rate
![\frac{Principal}{(1 + rate)^{time} = Present Value}](https://tex.z-dn.net/?f=%5Cfrac%7BPrincipal%7D%7B%281%20%2B%20rate%29%5E%7Btime%7D%20%3D%20Present%20Value%7D)
![\frac{1,000}{(1 + 0.079521)^{20} = Present Value }](https://tex.z-dn.net/?f=%5Cfrac%7B1%2C000%7D%7B%281%20%2B%200.079521%29%5E%7B20%7D%20%3D%20Present%20Value%20%7D)
Present Value = 216.4602211
Adding those two values together
$985.01
The reasoning behind this is that an american investor will prefer at equal price an US bonds because it compounds interest twice a year over the German Bonds.
Not really, the budgeted performance is like an expectation of a work, which is still uncertain until the result comes, in other words, an opinion on a work; while the past performance was the fact, which came from the employee's work in the past few months. To judge the fact is better than an uncertain picture.
Answer:
c.
Explanation:
Based on the information provided within the question it can be said that the best kind of question to ask would be a fixed-alternative question. This is a question in which a question is given and the individual who is answering the question is also given a set of responses which they have to choose the correct one of the various options. Which in this case would be something along the lines of,
Do you believe in aliens?
a. yes
b. no