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Svetlanka [38]
3 years ago
5

Derrick has accepted a job in another state. His wife, who is not employed, is not happy about moving but doesn't have a choice.

This is an example of:
Business
1 answer:
Fittoniya [83]3 years ago
4 0

Answer: A Fate control

Explanation:

Fate control is used to describe a situation where one person controls how the life of another person will go or rather their fate. This is very prevalent in relationships where a person is the sole breadwinner or in relationships where a person is the legal guardian of another.

The breadwinner or the guardian has fate control over those depending on them. In this case, Derrick has fate control over his wife as his activities such as taking a job in another state, dictate what his wife is to do which is to follow him to that state.

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Bond price: Pierre Dupont just received a cash gift from his grandfather. He plans to invest in a five-year bond issued by Venic
RUDIKE [14]

Answer:

$929 approx

Explanation:

<u>Assumption</u>: <u>Since face value of the bond is not provided, it has been assumed to be $1000 and solved accordingly.</u>

The present value of a bond i.e bond price is the sum total of the present value of it's future coupon payments in addition to redemption value, both discounted at yield to maturity rate. It is expressed as

B_{0}  = \frac{C}{(1\ +\ YTM)^{1} } \ +\ \frac{C}{(1\ +\ YTM)^{2} } \ +.....+\ \frac{C}{(1\ +\ YTM)^{n} } \ +\ \frac{RV}{(1\ + YTM)^{n} }

where, B_{0} = Present Value of the bond

           C = Annual coupon payment

           YTM = Yield to maturity rate

           n = No of years to maturity.

Here, C = $55 (assumed par value of each bond as $1000)  

          YTM =  7.25% per annum

          n =  5 years

Putting these values in above equation, we get,

B_{0}  = \frac{55}{(1\ +\ .0725)^{1} } \ +\ \frac{55}{(1\ +\ .0725)^{2} } \ +.....+\ \frac{55}{(1\ +\ .0725)^{5} } \ +\ \frac{1000}{(1\ + .0725)^{5} }

Hence, 4.073 × 55 + 1000 × 0.7047

= $929 approx

Hence, Pierre should pay less than it's face value for such a bond.

3 0
4 years ago
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Kamila [148]
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3 0
3 years ago
What can be a consequence if a business violates governmental regulations
VMariaS [17]
The license of the business could be revoked
3 0
4 years ago
At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at
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    Average     FIFO         LIFO                   Specific        

                                                                                              Identification

Sales                             $ 3,840      $3,840       $3,840              $ 3,840                        

Less: Cost of                 2,256         2,040         2,560                 2,060

Goods Sold

Gross Profit                  $ 1,584        $1,800       $1,280               $ 1,780      

The income statement is one of the most common and important financial statements. The income statement, also known as the income statement (P&L), summarizes all income and expenses over a period of time, including the cumulative impact of income, profits, expenses, and loss transactions.

The basic formula for the income statement is Income - Expenses = Net Income. This simple equation tells you if your company is profitable.

Learn more about Income statements here brainly.com/question/24498019

#SPJ4              

3 0
2 years ago
Smith, a single individual, made the following charitable contributions during the current year. Smith’s adjusted gross income i
pishuonlain [190]

Answer:

A) $7,000

Explanation:

Smith can deduct the $5,000 he donated to the church he attends. The art work donated to the local museum must be deducted at its basis, which is $2,000. Since he only purchased the painting 4 months before, the price increase will be considered a short term capital gain. Donated short term capital gain property must be deducted at basis.

The $1,000 he donated to the needy family is not deductible, since it wasn't a qualifying organization.

3 0
4 years ago
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