Answer:
The market price of a $1,000 face value bond is $944.
Explanation:
Market Value of Bond is calculated by following formula.
Coupon Payment = $1000 x 8% = $80
r = YTM = 8.66% = 0.0866
Face value = $1,000
n = number of periods = 16 yeasr
P = C [ (1 - ( 1 + r )^-n ) / r ] + [ F x ( 1 + r )^-n]
P = $80 [ (1 - ( 1 + 0.0866 )^-16 ) / 0.0866 ] + [ $1,000 x ( 1 + 0.0866 )^-16]
P = $80 [ (1 - ( 1 + 0.0866 )^-16 ) / 0.0866 ] + [ $1,000 x ( 1 + 0.0866 )^-16]
P = $679.19 + $264.78
P = $943.97
Answer:
there is not enough room here, so I used an excel spreadsheet.
Explanation:
What makes codes of conduct successful in managing industrial relations in MNES is the standardization of a global code of conduct that incorporates a set of principles and missions that guide and motivate employees.
Well-structured codes of conduct are effective in creating a sense of belonging in the management of industrial relations in MNEs, bringing together across different corporate cultures the sense of unification and support of work.
Therefore, a global code of conduct will assist in guiding and strategically controlling the operations of MNEs, to ensure compliance with positive conduct practices in the global market.
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Answer: d. cause businesses to increase their focus on nonprice aspects of their promotional message.
Explanation: The internet has made it possible for shopping to be done online. Businesses will most likely increase their focus on nonprice aspects of their promotional message as a result of the technology. This would be largely due to an increase in price competition as more and more consumers have instant access to prices from all around the world and in response to this, nonprice competition is more likely to be on the rise.