Answer:
<em>4.78%</em>
Explanation:
<em>From the question given, we solve the issue</em>
<em>the calculation of he bond price is:</em>
<em>Price of bond = per value * (1- flotation cost)</em>
<em>$1000 * (1- 0.05)</em>
<em>= $950</em>
<em>For the calculation of semi-annual coupon payments, </em>
<em>Semi -annual coupon payment = Par value * Interest/2</em>
<em> $1000 * 0.09/2 = $45</em>
<em>Calculation of semi- annual yield to maturity</em>
<em>Let recall the following</em>
<em>YTM = yield to maturity</em>
<em>C = The semi-annual coupon payment</em>
<em>FV= Face value or par value </em>
<em>PV= Price of a bond </em>
<em>n = Maturity years of the bond </em>
<em>Therefore,</em>
<em> YTM= C + FV - PV/n/ FV + PV/2</em>
<em>which is</em>
<em>$45 + $1000 - $950/40/$1000 + $950 / 2 = 4.78%</em>
Answer:
1. Technology.
2. Social trends.
3. Economic shocks.
4. Political.
5. Nature of the workforce.
Explanation:
According to the amiable philosopher and mathematician, Alfred North Whitehead, "The art of progress is to preserve order amid change and to preserve change amid order."
The 5 specific forces acting as stimulant for change in an organization or business environment are;
1. Technology: it is a major external force, organizations should make use of new technologies, so as to maximize efficiency and increase productivity.
2. Social trends: social media changes can bring individuals together and influence their interests to share opinions, cultures perception and ideas.
3. Economic shocks: indices of gross domestic products such as unemployment, acquisitions, bankruptcy, recession impacts an organization.
4. Political: government policies, regulations and restrictions such as tax, minimum wage etc can cause a change in a firm. Companies should ensure they are operating at top notch in the competitive market.
5. Nature of the workforce: they should be able to adapt or respond to economic activities, such as demographic, immigration, multicultural society, etc.
Change agents in an organization are individuals acting as catalysts by assuming responsibilities for managing any of the aforementioned specific forces acting as stimulant for change.
Answer: Limited partner
Explanation:
The limited partner is part of the owners of a partnership business that doesn't play an active role in supervising daily business operations and whose liability in the business is limited only to the amount of money invested into the business. The limited partner leaves the partnership daily runnings for the active partner.
The feature of the insurance contract that is being described above is the aleatory contract. It is the type of contact where the individual that has been involved can't handle or control the event that could happen to him or her. It is a way of having uncertain events happening in the individual such as death or natural disasters that she or he could face.
Answer:
A. contrabands
B. lead in bullets
C. narcotics
D. genuine coins from counterfeit coins
Answer: Option D
Explanation:
