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
Fashion finance jobs focus on the business side of fashion, especially as it relates to product sales. In this role, you may help manage a relationship with buyer or vendor accounts. You also support the overall budget of your corporation by ensuring positive cash flow and help evaluate the financial value of each type of merchandise your company releases. Many details of this position depend on the company. For example, some fashion companies are global, so people in financial positions may have to coordinate information and activities across many parts of the world. This job is generally similar to financial positions in most other industries.
Employment in services (% of total employment) (modeled ILO estimate) in India was reported at 32.33 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources.
<h3>Which percentage of the value of the US economy is generated by the service sector?</h3>
The services sector has become the most important driver of US economic activity in terms of employment, value added, and trade.
In 2016, the services-producing industries contributed 68.9 percent of US GDP, amounting to $12.9 trillion, and 83.8 percent of total private employment, representing 102 million employees.
<h3>How much of the US economy is service based?</h3>
Last year, the services sector—a broad category of the economy that now includes financial services, media, transportation and technology—accounted for 67 percent of GDP in the United States.
Learn more about service sector here:
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Answer:
Ans. Your monthly payments will be $1,602.37 ; The effective annual rate is 5.33%
Explanation:
Hi, first, we need to convert this APR rate into an effective monthly rate, that is, dividing 0.052/12 =0.00433 (or 0.4333%). Then we need to use the following equation and solve for A.
Where:
PresentValue= 84,500
A = periodic payments (the monthly payments that you need to make)
r = 0.004333333
n=60 months
So, let´s solve for A.
Now, in order to find the effective annual rate, we need to use the following equation.
Notice that to find an effective rate you have to start with another effective rate, otherwise it won´t work. So everything should look like this.
Meaning that the equivalent effective annual rate to 5.2% APR is 5.33% effective annual.
Best of luck.
Answer:
According to Fiedler’s contingency theory of leadership, leader behaviors are easy to change, and people oriented leaders perform best in intermediately favorable situations.
Explanation:
The leadership style is easy to change, so if the company had a very strict leader in terms of rules, with this new leader the strategy of listening to employees should be used, since they still have respect for superiors , so the strategy that this new manager should have must be to fix all the deficiencies that the previous manager had and organize the establishment.
