Answer: C) Personality
Explanation:
Personality is an individuals quality that helps them succeed in life. If you improve your personality you can control stress and increase your motivation.
Answer:
Correct answer is (d). They target their products at "everybody" or the "average customer."
Explanation:
Every sales-oriented firms want more customers and want to make more profit by selling to as many customers as possible, this makes them to seek and target their products to every potential buyers and other average customers available.
Answer:
The coupon rate is 10.3%
Explanation:
The interest to set on the bond in order to sell them at par can be computed using rate formula in excel:
=rate(nper,pmt,pv,fv)
nper is the number of times the bond would pay interest over its time to maturity which is 19*2=38
pmt is the interest payment semi-annually at $1000*10.3%/2=$51.5
pv is the price of the bond which is the par value of $1000
fv is the value at redemption which is also $1000
=rate(38,51.5,-1000,1000)
rate=5.15%
this is the semi-annual rate ,the yearly yield to maturity is 5.15%*2=10.30%
When a bond sells at par the yield to maturity is the same as the coupon rate
Answer:
False.
Explanation:
Elasticity of demand is a measure of the responsiveness of changes in demand to change in price.
The value of elasticity shows type of good. Negative elasticity indicates that a good is inferior, and people will buy it when their income is low. But once income rises they will buy more luxurious goods. That is not the case here as elasticity is positive.
When elasticity is positive the good is a normal good and increase in income will result in increase in amount demanded of the good.
In the scenario give a positive elasticity of 0.45 should result in higher consumption among higher income people than lower income people.