Answer:
Geographic segmentation.
Explanation:
Geographic segmentation is usually used when a company services clients in a particular location or when client preference are based on location. Grouping is done by country, state, region and city.
In this instance the snowboarding company is targeting states that contain ski resorts. Televisions adverts are targeted to these areas to increase awareness of their snowboarding products.
Answer:
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Explanation:
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Answer: 10 years to call
Explanation:
Maturity period = 25 years
Coupon rate = 7%
6.25% basis is,
- Callable in 10 years at 103
- Callable in 15 years at 102
- Callable in 20 years at par
This bond is considered as premium bond. Therefore, in case of premium bonds, Yield to call will be lower than the yield to maturity. Here, the question is which call date should be utilized. According to the rule of thumb, it states that always use the term that is nearest to the whole call date.
Hence, on the customer's confirmation, the dollar price quoted must be based on 10 years to call.
Privately owned businesses are commonly found in capitalist economies.
