Answer:
hence investor's rate of return is 10.26%
Explanation:
Given data
time = 5 year
rate = 9%
coupon bond = $975
sell bond = $985
at time = 1 year
to find out
investor's rate of return
solution
we will find first here Coupon payment that is
Coupon payment = 9% of 1000 that is $90
so that we can say that coupon bond will be
975 = 90 / (1 + r ) + $985 / (1 + r )
solve here r we get r
rate r = 10.26 %
so
hence investor's rate of return is 10.26%
Answer:
Purchase Decision Process
Explanation:
The purchase decision process is the one through which the a buyer makes his decision of buying a certain product.
This consumer buying process has five step which they use to make their decision, are following;
- Need or Problem Recognition.
- Information Search.
- Evaluation of Alternatives.
- Purchase Decision.
- Post-Purchase Evaluation.
I hope the answer is helpful.
Thanks for asking.
Answer:
A common market
Explanation:
A common market has no barriers to trade among member countries, includes a common external trade policy, and allows factors of production to move freely among members.
A monetary union has all the features of a common market and participating countries have a common currency.
I hope my answer helps you.