Answer:
Effective Interest Rate
Explanation:
Effective Interest Rate
The market interest rate is the real return on the bonds, or any interest offering investment. It is otherwise known as the effective interest rate. Moreover, there is an inverse relationship between the market interest rate and the value of bonds that means an increase in the market interest rate will result in a decrease in the market values of bonds.
Answer:
d. Cost cutting in one area of the value chain might increase costs in another.
Explanation:
Although cost leadership is an efficient way to dominate the competition,it does have potential pitfalls if not executed correctly. For example, if operating cost is decreased, the changed product feature may imply a higher marketing cost afterward. In order to be truly efficient, the cost leadership strategy has to be implemented in such a way, so it doesn't impact other value chain costs negatively (increasing them).
Although one would repair at the most time of 76 minutes, the other is at most 77.1 minutes. I would pick the second one because they may take longer by 1.1 minutes at most, they also included seconds, which seems more like an honest bid time.