Yes, the above statement is true. <span>If an organization is committed to ethical business conduct that commitment should remain constant. Although several firms and many employees remain constant in their ethical commitment and values, variances can happen.</span>
Answer:
Note: <em>The complete question is attached as picture below</em>
1a. The one year spot rate can be calculated using the one year zero bond.
PV * (1 + S1) = FV
1 + S1 = 1000 / 900
S1 = 1.1111 - 1
S1 = 0.1111
S1 = 11.11%
1b. PV of the 2 year bond = $950
Annual coupon = 1000 * 5% = $50
950 = 50 / (1 + S1) + (50 + 1000) / (1 + S2)^2
950 = 50 / 1.1111 + 1,050 / (1 + S2)^2
1,050/ (1 + S2)^2 = 950 - 45 = 905
(1 + S2)^2 = 1050 / 905
1 + S2 = 1.160221/2
S2 = 7.714%
1c. Price of the 2 year zero bond = 1,000 / (1 + 0.07714)^2
Price of the 2 year zero bond = 1,000 / 1.1602
Price of the 2 year zero bond = 861.9203586
Price of the 2 year zero bond = $861.92
Answer:
$220.000
Explanation:
On June 1, Golden Apple negotiated a forward contract with a bank to sell the €200.000 in three months at a rate of $1,10. On september 1, the rate is 1,15 but as there was a previous contract signed, the rate is $1,10 taking into account that this type of contracts determine the rate of interest that will be paid on a future date.
Answer:
<u>If the price of a substitute good increases;</u>
Considering the demand for hamburgers, if the price of hot dogs for instance increases holding all other things constant ( ceteris paribus), the demand for hamburgers will increase. This is because hamburgers would be relatively cheaper compared to that of hot dogs.
<u>If the price of a complimentary good increases;</u>
Considering the demand for hamburgers, if the price of hamburger buns for instance increases holding all other things constant ( ceteris paribus), the demand for hamburgers will decrease. Demand for hamburgers will decrease because an increase in goods that have to be bought together will make the costs relatively higher, causing a decrease in demand.
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Explanation:
For goods that are complements, if you purchase more (less) of one, you purchase more (less) of the other.
For goods that are substitutes, if you purchase more (less) of one, you purchase less (more) of the other.
You should fine if you need to eliminate certain debts. If you inherit a property that you can sell or pay. If youbare about to be repossessed orbyoubhave a lawsuit on what you own.