Answer:
The statement is: True.
Explanation:
Business letters communicate relevant information to other businesses or top managers within the same company from where decisions can or have to be made. For such purposes, a business letter has to be objective, direct, unbiased, avoiding all types of grammatical errors such as the use of hidden verbs, exuberance, or redundancy.
<em>While writing the message, the </em><u><em>opening</em></u><em> sentence must summarize the action that should be taken politely. Following, the </em><u><em>body</em></u><em> should explain the request with logical facts to finally reiterate the action that must be done in the </em><u><em>closing </em></u><em>appreciating the earliest attention to the matter.</em>
Answer:
D. Primary
Explanation:
The newly issued securities are first sold to the investors of the primary market .
The primary market id responsible for issuing the securities for the exchange of the company , or other groups .
The primary market are run by the underwriting groups which includes the investment banks .
Hence , from the information of the question , the correct term is ( d. ) Primary market .
Answer:
"What does success look like for you?" And: "Do you have what it takes to get there?
Explanation:
Answer: $1,986.14
Explanation: in order to calculate this, we will use the discounting formula and calculate the present value (PV) of the money.
PV = C/(1 + r)^n
Where:
PV = Present Value = ?
C = value of money in the future = $8,600
r = interest rate = 9% or 0.09
n = number of years = 17
PV = 8,600/(1 + 0.09)^17
PV = 8,600/(1.09)^17
PV = 8,600/4.33
PV = 1,986.14
Therefore the present value is $1,986.14
