Answer:
story
Explanation:
Based on the inforamation provided describing the scenario it can be said that the underlined missing word is "story". That refers to the entire event that the employee was explaining, which that individual employee experienced first hand. He seems to have explained this story to show how the food co-op was evolving into a more customer service focused company that valued a very specific work ethic.
Answer:
10.46%
Explanation:
Data provided in the question
NPER = 4 years
Price of the bond is $956.12
Yield to maturity is 11.43%
Coupon rate = 10%
We assume the face value be $1,000
So the coupon payment is
= Face value × Coupon rate
= $1,000 × 10%
= $100
Now the current yield on this bond is
= Coupon payment ÷ Price of the bond
= $100 ÷ $956.12
= 10.46%
The future value of a 500 annuity payment over wight years if interest rates are 14 percent is $6,616.38.
The value of an asset at a future date is its future value. It is the present value multiplied by the accumulation function, and it estimates the nominal future sum of money that a certain amount of money is "worth" at a given point in the future under the assumption of a specific interest rate, or rate of return. The value is unadjusted for inflation or any other future-related variables that may impact the real value of money. Calculations of the time worth of money use this.
The value of money changes over time; for example, $100 now is worth less than $100 in five years. This is because $100 invested today in a stock, a bond, or any other investment will grow or decrease depending on the rate of return. Additionally, due to inflation (an increase in the purchasing price), if $100 is used to acquire an item today, it's probable that $100 won't be enough to do so in five years.
Learn more about future value here:
brainly.com/question/14860893
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What happens to a monopolistically competitive firm that begins to charge an excessive price for its product? The firm will go out of business.
