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3 years ago

Student loan forgiveness is available to students who perform public

1 answer:

6 0

False
The Public Service Loan Forgiveness (PSLF) Program forgives the remaining balance on your Direct Loans after you have made 120 qualifying monthly payments under a qualifying repayment plan while working full-time for a qualifying employer.

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A bond has yield to maturity of 7.15 percent; face value of $1,000; time to maturity of 11 years and pays coupons semiannually.

maxonik [38]

Answer:

6.34 %

Explanation:

For computing the coupon rate, first we have to determine the PMT by using the PMT formula that is shown on the attachment

Given that,

Present value = $939.02

Future value = $1,000

Rate of interest = 7.15% ÷ 2 = 3.58%

NPER = 11 years × 2 = 22 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the PMT is $31.70

It is semi annually

Now the annual PMT is

= $31.70 × 2

= $63.40

So, the coupon rate equals to

= $63.40 ÷ $1,000

= 6.34 %

5 0

4 years ago

Jewel Service anticipates the following sales revenue over a five-month period: The company's sales are 40% cash and 60% credit.

givi [52]

Answer:

I looked up the missing information, hopefully it's the same as your question. If not you can adjust the answer.

Its collection history indicates that credit sales are collected as follows:

25% in the month of the sale
50% in the month after the sale
15% two months after the sale
10% are never collected

sales revenue:

November $16,100
December $10,400
January $15,600
February $12,400
March $14,400

Jewel Services

Cash Collections budget

For the months of January, February, and March

cash collected from sales January February March Quarter

from November sales $2,415 $2,415

from December sales $5,200 $1,560 $6,760

from January sales $3,900 $7,800 $2,340 $14,040

from February sales $3,100 $6,200 $9,300

<u>from March sales $3,600 $3,600 </u>

Total $11,515 $12,460 $12,140 $36,115

6 0

4 years ago

Today, Jamie, a police officer with a big-city force, apprehended a suspect fleeing the scene of a convenience store robbery. Th

valkas [14]

Answer:

The correct answer is E

Explanation:

Adaptive task performance usually acknowledged as the adaptability, which is comprise of the employee responses to the task demands that are unusual, novel or very least or unpredictable.

It involves such behaviors handling the crises or the emergencies situation or circumstances.

So, in this case, Jamie, the police officer suspect scene of store robbery and the suspect ran and other officer arrived on the scene and take him down. Later, the Jamie state the situation to family and this is an example of adaptive task performance.

8 0

3 years ago

Camm corp. has 10,000,000 common shares outstanding. its four directors are elected by cumulative voting. to elect one director,

Oksanka [162]

Answer:

2,000,001 shares

Explanation:

To solve this question, we need to use the cumulative voting formula:

X = [(S x N) / (D + 1)] + 1

X = minimum number of shares that must be owned = ?
S = total outstanding shares = 10,000,000
N = number of directors we want to elect = 1
D = total number of directors to be elected = 4

X = [(10,000,000 x 1) / (4 + 1)] + 1 = (10,000,000 / 5) + 1 = 2,000,001

There are two voting procedures used to elect the members of a board of directors: the straight voting method and the cumulative voting method.

The straight voting method favors majority stockholders since they receive one vote per stock per open seat which means that someone that has 50% plus 1 stock can actually get all the board members elected.
Cumulative voting system assigns one vote per stock for the whole election, that means that a board member could be elected with 20% plus 1 vote. This voting system favors minority shareholders since someone with 50% plus 1 vote could only get 2 members elected by himself/herself.

3 0

4 years ago

One advantage of a fixed interest rate over a variable rate is that a fixed rate

koban [17]

Fixed rates have the advantage over variable rates in that debt may be readily repaid within the allotted time. Hence, choice B

<h3>What is a fixed and variable rate?</h3>

Loans with fixed interest rates have an interest rate that will not change throughout the loan's term, regardless of changes in market interest rates. A loan with a variable interest rate is one in which the interest rate imposed on the outstanding balance changes in accordance with changes in the market interest rates.

Therefore, the benefit of fixed rate versus variable rate is that it enables speedier debt repayment.

Learn more about interest rates:

brainly.com/question/14445709

#SPJ1

6 0

3 years ago