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Amiraneli [1.4K]
3 years ago
6

The 20% off sale is a better deal than the $200 rebate or

Business
2 answers:
Natalka [10]3 years ago
7 0

Answer:

See below

Explanation:

The dining set cost $1500.

A 20% off sale present a discount amount equal to

=20/100 x $1500

=0.2 x $1500

=$300.

The 20% off sale has a savings of $300 compared to the  $200 rebates or $150 coupon.

If the Porters budgeted $1,250, and the dining set is $1500, the 20% off sale will require them to pay $1,200, which is within their budget.

Alchen [17]3 years ago
7 0

Yes, the Porters are under budget. The 20% off sale is the best deal because $1,500 times 0.20 is $300. $300 is a bigger discount than the $150 coupon and $200 rebate. $300 off $1,500 is $1,200, which is less than the amount budgeted.

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1) Why might investors prefer floating rate notes over a fixed rate bond?
sladkih [1.3K]

Answer:

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Explanation:

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2)

For an issuing company, borrowing money floating rates terms could be riskier for cashflow management purposes . Every time interest rates increases, it means that the company would pay higher interests to lenders which could hurt its profitability. The fluctuations could also negatively affect future financial planning unlike issuing fixed rate bonds whose coupon payments are constant hence decreasing the volatility of earnings.

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Answer:

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