Answer:
A) A bond's current yield must always be either equal to its yield to maturity or between its yield to maturity and its coupon rate.
Explanation:
the yield to maturity = current yield +/- capital gains yield
current yield = yield to maturity +/- capital gains yield
the capital gains yield is positive or negative depending if the bond was sold at a premium or at a discount which results in a coupon rate being either higher or lower than the yield to maturity.
so the current yield must always be within a range between yield to maturity and coupon rate
Answer:
Marketing and distribution of a variety of products
Explanation:
Marketing refers to a business function whereby a marketer advertises and promotes goods and services with an objective to increase sales and at the same time ensure customer satisfaction. Marketing mix refers to essential marketing components for effective marketing.
Marketing mix comprises of product, place, price and promotion.
Distribution refers to activities which are aimed at making products available in the right markets at the right time and utilizes various channels of distributions such as retailers, wholesalers, intermediaries, etc.
In the given case, Starbucks, the renowned coffee maker, has formed alliances or collaborations so as to extend and strengthen their business. These strategic alliances help Starbucks create an effective distribution network and wide-reach marketing which subsequently helps in efficient operations and profitability.
Answer:
add $36 to the book's balance.
Explanation:
Since in the question it is given that the check amount is $648 which is to be paid by the bank is recorded incorrectly in the company books for $684
So the difference of $36 would be added to the company book balance and no adjustment would be made in the bank balance
This addition would balance the both book balance and the bank balance.