Steel was important to the second industrial revolution majorly because of its properties and its potential uses. Because steel is very strong, light and cheap, it was found ideal for many purposes. Steel was used to make many of the new inventions that characterized that period, a good example of this is rail road.
Answer:
- <u>B. decreasing foreign expenses</u>
Explanation:
<em>Economic exposure</em> is the risk derived from the variation in the foreign revenues and expenses of the firm due to <em>exchange rate movements.</em>
If the<em> expenses are more sensitive to exchange rate movements than revenue</em>, means that a depreciation of the Mexican Peso would cause the expenses to increase more than revenue,
That means that the expenses would increase more than the revenue affecting the financial situation of the firm.
Hence, <em>to reduce the economic exposur</em>e, Old Main Co. should reduce its foreing expenses.
Because everything has to be paid for by someone. Also, if someone is getting you something for free, it is likely that they will want something in return.
Answer:
Chemical
Explanation:
The glow stick has chemicals that create a chemical reaction when the glow stick is cracked. New bonds are formed by the products of the chemical reaction in the glow stick and the energy is released in the form of light
Answer:
C) 14%
Explanation:
The nominal annual yield is exactly the same as the bond's annual coupon rate. The nominal annual yield is calculated as a fixed percentage of the bond's par value and it doesn't change if the market price of the bond increases or decreases.
The bond's current yield is the actual interest rate that the bond is paying since its calculation is based on the bond's market price, not its par value.
