he importance of information giving has been recognized and promoted in political,
ethical and professional arenas and this has ultimately resulted in the publication of a vast
amount of literature relating to the subject.
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Answer:
d. Rise in price of alcohol
Explanation:
Change in Quantity demanded occurs due to change in Price. Change in Demand happens due to factors other than price - Income, Substitute & Complementary good's price, Taste.
Change in alcohol demand - due to substitute Cigarette price change , Change [Decrease] in alcohol demand - due to change in taste based on anti drinking sentiments, higher risk of alcohol liver cirrhosis , Change [Increase] in alcohol demand - due to change [rise] in Income : These all are due to factors other than price & hence are 'Change in Demand'
Rise in price of Alcohol leads to 'Change [Expansion] in Quantity Demanded' due to price change [rise] .
Answer:
1.78%
Explanation:
The computation of the annual interest rate earn is shown below:
= Every year payment ÷ Present value × 100
= $800 ÷ $45,000 × 100
= 1.78%
We simply divide the every year payment by the present value so that the correct annual interest rate can come
So, we consider all the information which is given in the question
Answer:
The price of the bond is $ 21,541.53
Explanation:
The price of the bond is the present value of all cash inflows expected from the bond throughout the bond's life.
The cash inflows comprise of coupon interest interest payments as well as the repayment of the principal amount(the face value of $20,000) at redemption.
The present value is computed by multiplying the cash inflows by the discount factor.
The formula for discounting factor =1/(1+r/2)^t
r is the required yield of 5.4% divided by 2 since the coupon is payable twice a year.
Find attached.