Answer:
Market Price $985.01
Explanation:
We have to convert the US semiannually rate to annually.
Now this is the annual rate spected for a similar US Bonds
So we are going to calculate the present value using this rate.
Present value of an annuity of 78 for 20 years at 7.9521%
PV = 768.55
And we need to add the present value ofthe 1,000 euros at this rate
Present Value = 216.4602211
Adding those two values together
$985.01
The reasoning behind this is that an american investor will prefer at equal price an US bonds because it compounds interest twice a year over the German Bonds.
Answer:
2. When people spend money, that money ends up In the pockets or bank accounts of other people (or organizations) who then use that money in some way.
Explanation:
In the economy exist different types of agents: people, government and enterprises. No more.
The answer to this question is a "Stateless Corporation". Lenovo, a known and a big time Chinese computer manufacturer that sells their product in different part of the globe is a corporation where it is difficult and hard t be identified in one country as their home country. Then this Lenovo computer company can be described and called as a stateless corporation.
Answer:
B. callable
Explanation:
Preferred shares and bonds can be callable. This means that the issuing company has a right to buy back the bond before it maturity or the preferred share at a predetermined price.Usually, it is a requirement that the the issuer offers a higher price than the par value of the stock or bond. The holders receive dividends or coupons regularly. Municipal bonds are commonly known to have callable features.
