The face value of a bond is $71,000, its stated rate is 7%, and the term of the bond is five years. The bond pays interest semiannually. At the time of issue, the market rate is 8%. Determine the present value of the bonds at issuance.
A) $50,844
B) $20,156
C) $68,152
D) $71,000
C) $68,152
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Sapphire Hotels is a chain of hotels with presence in some of the most popular holiday
destinations across the globe. There has been an outbreak of cholera in one of the islands where Sapphire has a hotel. If you were to conduct P.E.S. T analysis in this case, which of the following environmental forces would you suggest is affecting Sapphire's market the most? A) economic forces B) social forces C) technological forces D) political forces
A decentralized organizational structure is predicated on the belief that
A. lower-level managers and employees should go up the ladder of command for approval on most all strategic and operating issues of much importance. B. most company personnel have neither the time nor the inclination to direct and properly control the work they are performing and that they lack the knowledge and judgment to make wise decisions about how best to do their work. C. decision-making authority should be pushed down to the lowest organizational level capable of making timely, informed, and competent decisions. D. top executives should establish a collegial, collaborative culture where decisions are made by general consensus on what to do and when. E. strict enforcement of detailed procedures backed by rigorous managerial oversight is necessary because company personnel cannot be counted on to act wisely or keep costs to a bare bones level.
Risk averse people have a tendency to shy away from insurance
Indicate whether the statement is true or false
Why is serial transmission mode more common?
A) It requires only one wire. B) It is more flexible. C) It is the only possible mode to use. D) It is faster.