<span>Of all the expresions given (B) is the correct answer. So the answer is "let's not repeat our competitor's mistakes". Redundant is a expressions which says it no longer in use or needed. So by the definition of it, the above phrase seems the option.</span>
Answer:
$3,200
Explanation:
Data provided in the question:
Points to be paid to lender = 4 points
Amount of loan Jake and Janet are getting = $80,000
Now,
1 point mean 1 percent of the amount borrowed to be paid to the lender
Therefore,
For 4 points
Amount to be paid to the lender will be
= 4% × $80,000
or
= 0.04 × $80,000
or
= $3,200
Answer:
The annualized rate of return to the Swiss investor is -7.93%.
Explanation:
This is an instance of foreign currency bond.
Using the exchange rate of $1 = 1.420, purchase price of the bond is calculated as $9,708.74 x 1.420 = 13,786.4108 Swiss Francs
Using the exchange rate of $1 = 1.324, maturity value is $10,000 x 1.324 = 13,240 Swiss Francs
Holding period is 6 months.
So, annualized rate of return is: (Maturity amount - Purchase price)/Purchase price x 12 / No of months
Annualized rate of return is: (13,240 - 13,786.4108)/13,786.4108 x 12/6 = -0.079268028.
Annualized rate of return is -7.93% approximately.
The answer would be a.) strategic planning.
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