Answer:
The coupon rate is 6.32% or nearest to b.6.16%.
Explanation:
The price of the bond is equal to the present value of its principal repayment plus its annual coupon.
Denote: x is the coupon rate => Annual coupon payment is 1,000x
=> The price of the bond, with the yield to maturity at 10%, is calculated as below:
1,000/1.1^6 + 1,000x * (1 - 1.1^-6)/0.1 = 840 <=> 1,000x * (1 - 1.1^-6)/0.1 = 275.526 <=> 1,000x = 63.263 <=> x = 6.32%.
So, the coupon rate is 6.32% or nearest to b.6.16%.
Answer:
Experiential
Explanation:
Experiential is the term which is defined as something experiential and it comes from the real world or from experience. It is the procedure of learning through a experience, which is particularly stated as learning by reflection on doing.
So, in this case, the Quentin checks into a hotel, where on arriving he realizes that grounded on expectations, he is not thrilled with the experience. Therefore, this kind of purchase is defined as experiential.
Answer:
<u>A creative work environment.</u>
Explanation:
A creative work environment is often found in companies with a decentralized organizational structure. This type of structure is more flexible than in a centralized structure, has a lower degree of hierarchy and greater participation of employees in decision-making processes.
A company that has a creative work environment, ensures that its employees have more freedom to solve their own problems and contribute with innovative ideas and suggestions, which ensures a greater sense of employee participation, increases motivation and work valorization .
Answer:
a) perfectly competitive market
b) perfectly competitive market
c) 5 workers
d) 46 units
e) Profit of $73
Explanation:
a) The firm sells its output at the present market price, the firm has control of the market prices therefore this is a perfectly competitive market.
b) The firm can hire all of the workers it wants at a market wage rate, this means that the labor market is also perfectly competitive.
c) We have to first calculate the marginal revenue product (MRP) of each worker. The marginal revenue product of the last worker must be equals his wage rate in order to maximize profits. Hiring new workers as every additional employee adds less to the total revenue than to the costs of the firm.
MRP = Marginal product × Price.
Price = $3
Number of Total Marginal Marginal Revenue
Employees Output Product (MP) Product $ (MRP = MP * P)
0 0
1 14 14 52
2 26 12 36
3 35 9 27
4 42 7 21
5 46 4 12
6 48 2 6
The MRP of each of the first 5 employees is higher than their wage rate ($11). The firm should hire 5 workers to maximize profit
d) The output of 5 workers is 46 units
e) Fixed cost = $10
Variable cost = number of workers × wage rate = 5 × $11 = $55
Revenue = output × price per unit = 46 × $3 = $138
Profit = Revenue - variable cost - fixed cost = $138 - $55 - $10 = $73
Answer:
b. demand-side market failure.
Explanation:
Demand-side market failure occurs when suppliers aren't able to charge consumers prices for goods and services.
I hope my answer helps you
