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3 years ago

" The capable manpower is the key factor of any vocation ". Justify this statament with suitable examples .

Business

1 answer:

irakobra [83]3 years ago

4 0

Explanation:

The skilled workforce is related to the set of skills and knowledge that an individual has accumulated and that enables him to perform some function with technical knowledge and effectiveness.

The vocation can be understood as a personal inclination for the individual to choose to pursue a profession.

Therefore, vocation and training are related in the sense that when there is a vocation, there must be training for it to be legitimized.

An example of skilled labor can be the workforce in a civil construction, where each resource and technical skills must be employed in order for the final work to take place as planned in a safe and effective manner.

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A 9-year bond has a yield of 10% and a duration of 7.194 years. If the market yield changes by 50 basis points, what is the perc

Dima020 [189]

Answer:

If the yield rises by 50 bps (0.5%) the price would change approximately -3.60%, if the yield drops 50 bps (-0.5%) 3.60%

Explanation:

Hi, well in order to find what is going to happen with the price if the yield changes by +/- 50 basis points (which is +/-0.5%), we have to use the following formula.

$PriceChange=-Duration*(\frac{bps}{10,000} )$

So, if the yield changes (rises) 50 basis points, everything should look like this:

$PriceChange=-7.194*(\frac{50}{10,000} )=-0.0360$

So, if the yield rises 50 bps, the price would drop by -3.60%

Now, if the yield drops by 50 bps:

$PriceChange=-7.194*(\frac{-50}{10,000} )=0.0360$

So, if the yield drops 50 bps, the price would rise by 3.60%

Please notice that this is just an approximation and the price hardly varies in the same percentage. I took the liberty to find this bond coupon (4.71% annual) given its duration, and I found out that if the yield goes up by 50 bps, the price drops -3.20% and if the yield goes down by 50 bps, the price would go up by 3.34%.

Please notice the attached excel sheet, you can change the yellow cell adding/substracting 0.5% to change the blue cells with the result of the green cell, then you can see how the price changes, in different magnitude, even if you use the same values substracting or adding.

Best of luck

Download xlsx

6 0

3 years ago

If you are in a car accident caused by someone else who also has insurance, which type of insurance plan will not require you to

Ber [7]

Full coverage comprehension

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3 years ago

Read 2 more answers

Which statement is incorrect? a. Dividends represent a distribution by a corporation to its stockholders. b. Dividends are shown

larisa86 [58]

Answer:

b. Dividends are shown on the income statement

Explanation:

A dividend refers to that portion of profits which a firm decides to distribute to it's owners, as profits/losses of an entity belong to it's owners and shareholders.

A dividend initially is recommended by board to it's members. The members can reduce the rate of dividend proposed but cannot increase it. Once the resolution is approved, the dividend is to be declared by the board and becomes a liability.

Dividends are either paid from current year profits or past reserves and retained profits.

Dividends reduce stockholders equity since they are deducted from retained earnings which belong to the stockholders.

Dividends paid are not reported in income statement as these are apportionment of profits and not regarded as expenses.

6 0

3 years ago

Raul is starting a new desktop publishing business. He needs to communicate frequently with his clients to get approval for the

SIZIF [17.4K]

Answer:

The correct answer is "determine the goals".

Explanation:

To determine the best telecommunication technology to use to exchange information with your customers, you must first determine the objectives. First, he should determine the business values, analyze the interests and abilities, and fundamentally establish realistic objectives having done extensive research.

Have a nice day!

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3 years ago

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Juliet spends her day making copies for instructor, filing information for Dean she most likely works in

Archy [21]

she most likely works in a office building

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2 years ago