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Sonja [21]
3 years ago
12

How is email like a business letter? How is it different from a phone call?

Business
2 answers:
Rus_ich [418]3 years ago
8 0

because it's more formal and you can use slang and other terms in a phone call but you cant in a business letter well you can but you usually shouldn't

Tanzania [10]3 years ago
5 0

Answer:

an email is more like a online letter while a phone call is in voice in real time

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LRQ Inc. issued bonds on April 18, 2006. The bonds had a coupon rate of 5.5%, with interest paid semiannually. The face value of
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Answer:

$857

Explanation:

Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond. Both of these cash flows discounted and added to calculate the value of the bond.

According to given data

Face value of the bond is $1,000

Coupon payment = C = $1,000 x 5.5% = $55 annually = $27.5 semiannually

Number of periods = n = (April 18, 2036 - April 18, 2020) years x 2 = 16 x 2 period = 32 periods

Market Rate = 7% annually = 3.5% semiannually

Price of the bond is calculated by following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = 27.5 x [ ( 1 - ( 1 + 3.5% )^-32 ) / 3.5% ] + [ $1,000 / ( 1 + 3.5% )^32 ]

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If your friend Raheem asks you, “What type of account should I use to save for retirement,” what would you tell him?
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Roth IRA account

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