Answer:
<em>Brooks is the leader of an association created to defend the free enterprise system in the United States.</em>
As a consequence, he is probably biased towards free enterprise and will be more likely to argue for it without recognizing its drawbacks.
Another useful source would be an article that explains free enterprise's negative economic and social characteristics.
Answer:
$650
Explanation:
Guaranteed Residual Value = FV = $1,000
Interest rate = r = 9% = 0.09
Number of years = n = 5 years
Using Following formula we can calculate today's worth of the engine.
Residual value after 5 years = Today's value x ( 1 + rate of interest )^number of years
FV = PV x ( 1 + r )^n
$1,000 = PV x ( 1 + 0.09 )^5
PV = $1,000 / ( 1.09 )^5
PV = $649.93
PV = $650 (rounded off to the nearest whole number)
Answer:
The statement is true.
Explanation:
Product placement is a strategy that uses mass electronic media, such as television, you tube and social media video ads that can reach a vast amount of people to market their product.
The specialty of this this strategy is that it embeds the brand into another/ separate work, such as a drama, movie, a music video etc.
This is a great way to grab the attention of the fans/viewers of such entertainment material and this gives the band a certain degree of "approval" from those celebrities who perform in such entertaining events (if the brand is included in a movie or a song).
Answer:
d. $935.69
Explanation:
The computation of the market price of the bond is shown below:
Given that
Future value be $1,000
RATE = 6.32% ÷ 2 = 3.16%
NPER = 11 × 2 = 22
PMT = $1,000 × 5.5% ÷ 2 = $27.50
The formula is shown below:
=-PV(RATE,NPER,PMT,FV,TYPE)
After applying the above formula, the market price of the bond is $935.69
The financing cost of Clemson to secure the investment will be $2.2875 million.
<h3>How to calculate the financing cost</h3>
From the information, we've to calculate the simple interest first. This will be:
= PRT/100
= (30 × 0.75 × 8.5)/100
= 1.9125 million
The fee is 1.25% of the issue size. This will be:
= 1.25% × $30 million
= $375000
Therefore, the financing cost will be:
= $1.9125 million + $0.375 million
= $2.2875 million
Learn more about financing cost on:
brainly.com/question/24576997
