Answer:
In the context of types of rating errors, Jonathan commits the contrast error.
Explanation:
Contrast error is a concept which involves the rating of an employee according to any other employee. This is an error in which a person is compared with the other and not to any certain standard. In this concept, an individual sets a standard on which the others' work is evaluated. This type of error majorly occurs during interviews and while evaluating the performances for appraisals.
Answer:
3) Social classes show distinct product preferences in areas such as clothing.
Explanation:
Individuals that belong to the same social class exhibit similar buying patterns, which are different than those exhibited by people belonging to other social classes.
Social class is defined by an individual's economic status and his/her social hierarchy which is based on social esteem, prestige and success. The main factor in determining the social class of an individual is wealth, but not all the people that possess a similar amount of wealth belong to the same social class.
American society is generally divided into 5 social classes: upper, upper-middle, middle, working and lower. Generally the people belonging to the upper social class possess large inherited wealth (old money), while new rich people belong to the upper-middle class even though they might have even more money.
False.. It is a fabric with a sheen or a gloss.
Answer:
Yield to Maturity = 3.97%
Explanation:
<em>The yield to maturity is the discount rate that equates the price of the bond to the present value of its future cash flow receivable from it.</em>
The yield on the bond can be determined as follows using the formula below:
YM = C + F-P/n) ÷ 1/2 (F+P)
YM-Yield to maturity-
C- annual coupon
F- Face Value
P- Current Price
DATA
Coupon = coupon rate × Nominal value = 1,000 × 3 1/4%= 32.5
Face Value = 1000
YM-?, C- 32.5, Face Value - 1,000, P-940
YM = (32.5+ (1000-940)/10) ÷ ( 1/2× (1000 + 940) )
YM = 0.0397
× 100 = 3.97%
Yield to Maturity = 3.97%