Answer:
The answer is 8.90%
Explanation:
Solution
Given that:
The bond face value =$1000
Annual coupon rate =10%
Maturity rate =12 years
Price sold at =1080
Now we find the component cost of debt for use
Thus
The debt (cost) = Yield to maturity
So
YTM = Annual interest payment + [(Face value - Present price / Years to maturity] / [0.6(Price of bond) + 0.4 (principal payment)]
= $100 + [($1000 - $1080) / 12] / [0.6 * $1080 + 0.4 * $1000]
= $100 - 6.67 / $1048
= $93.33 / $1048
= 0.0890 or 8.90%
Therefore the debt for use is 8.90%
Answer:
a limited liability company.
Explanation:
From the question we are informed about To open and operate Boo! City, a Halloween costume and paraphernalia shop, Dwayne and Erica form a business organization that combines the limited liability aspects of a corporation with the tax advantages of a partnership. In this case, Their form of business organization is limited liability company.limited liability company can be regarded as business structure in which owners are not personally liable as regards to debts or liabilities of the company.It is hybrid entities with features of corporation and partnership as well as sole proprietorship.
Answer and Explanation:
a. In case when the new bills are kept by the people so the supply of money would be increase by a very similar amount as it was dropped off the plane. That's because the banking is not in the image, so there is no impact on the money multiplier.
b. If the amount is deposited in the bank, the cash supply would rise with the money multiplier being taken into account. Money Multiplier = Deposited currency / reserve ratio. The overall supply of money that will raise be 1 billion / 0.1.
c.Again, if a 100% reserve banking is exercised by the bank, so the boosted money supply would be the same value as it has been deposited.
d. If half of the value is held by the public and half of the value is deposited with the bank at 10% of the reserves, the supply of money rises by half of the amount which is held by the public in addition of half of the value / reserve ratio that is 10%.
Answer:
This is because of the ethics guiding the body. For example, ethically, it is wrong for the agent to put his email address in the application in LEAN where it should have been the customer's own. <em>There is a possibility of the identity theft or fraud being committed when such happens.</em>
Explanation:
Answer:
Directive.
Explanation:
In this scenario, Jack oversees two very different workers. Kenny wants to be told exactly what to do because he is hesitant to make decisions, and Laila wants to be told exactly what to do because she wants to get on with it. So, even though they are very different people, they both respect decisiveness. According to the path-goal theory of leadership, Jack should use the directive leadership style with Kenny and Laila.
Under a directive leadership style, leaders generally set a clearly defined objective, guidelines, roles or functions and rules for his or her subordinates (employees).
<em>Hence, it is always considered or deemed necessary to guide employees to achieve organizational success in a directive leadership style. </em>
