Answer:
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Explanation:
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Answer:
c.
Explanation:
Secured bonds are bonds that have specific assets of the issuer pledged as collateral. In other words they are a type of bond that is bought by pledging a specific asset, which acts as a collateral on the loan that you are giving the company. Which if the issuer were to default on the payment then the issuer must transfer ownership of the asset to the holder of the secured bond.
Answer:
$1,125.30
Explanation:
The Price of the Bond is its Current/Trading price also known as the Present Value (PV). This is determined as follows :
Fv = $1,000
Pmt = $1,000 × 6% = $160
P/yr = 1
n = 16
i = 14%
PV = ?
Using the Financial calculator to enter the values as above, the Pv is $1,125.30.
Thus, the price of the bond is $1,125.30.
Answer:
The political argument for regional economic integration is that:
It reduces the potential for violent conflict.
Explanation:
Regional economic integration is a well-known tool for reducing violent conflict between nations within a geographic region. Other benefits include the creation of economic opportunities for entrepreneurs with expanded markets. It thereby stimulates economic growth within the region. It does not increase national sovereignty but increases trade diversion from productive exporters to less capable nations.