Answer:
b. slightly higher than 12%.
Explanation:
As it received 198,000 dollars from the 200,000 face value there is a discount of 2,000
therefore the actual market rate in the bonds will be above par as it will pay 12% like if it receive 200,000 but only get 198,000 in reality thus the cost of ddebt based on the actual amount received is above 12%
Answer:
<em>Discretion</em>
Explanation:
In the legal system, <em>discretion is most often described as a judge's ability to choose where, how and how severely a person who has been convicted should be sentenced.</em>
An individual decides to use his or her options and decides what to use, whether he or she is a police officer who arrests a person on the street (criminal) or expels someone from an apartment (civil) or anywhere between.
There are some cases overruling or undermining the rule of law by imposing control.
Nevertheless, legislation can not be written without discretion, so the rule of law helps to direct discretion against societal expectations, standards and, at least in part, public interest.
Answer:
<u>Seniors </u>
Explanation:
The seniors generational cohorts refers to the generation that preceded the generation of baby boomers classified as those individuals who were born between 1946 and 1964.
The seniors generation is habitually complaining, something inherited from their witnessing times of wars and periods of uncertainties and financial distress.
This generation commands respect, special attention and at the same time are more miserly in their spending habits.
Also a common observation being, these individuals are not well familiar and adept with technological advancements such as gadgets, systems and modern day appliances in the sense they require more time to get used to them.
Answer:
Specializes in bringing buyers and sellers together.
Explanation:
A broker can be defined as an individual or a firm that acts as a middleman between the buyers and the sellers. A broker is a licensed agent that is permitted to purchase or sell stocks and other investments.
A broker carries out the role of a trusted intermediary in various financial transactions. Brokers receive their commissions through a percentage gotten from the purchase or sale of an asset or stock.
Answer: cognitive bias
Explanation:
A cognitive bias refers to a systemic process of divergence from standard or reason in judgment. From their interpretation of information, participants create their own "naturalistic worldview." Often, therefore, cognitive biases can contribute to visual distortion, incorrect decision, nonsensical perception, and what is commonly considered irrationality.
There are certainly some cognitive limitations that are evolutionary. Cognitive biases can result to more efficient behavior. In addition, enabling cognitive biases allows for faster decision making that may be beneficial when punctuality is more important than precision, as shown in heuristics.