The long-range marketing plan enfolds marketing activities over a period of two to five years in the future.
Long-range marketing planThe annual marketing plan, which is positively structured and precise, is usually created by a product manager and begins with marketing research, and completes after 48 weeks with the approval of the general manager.
The long-term marketing strategy should enclose the "big picture" that you are trying to accomplish with your marketing efforts. Your long-term marketing plan will generally be in place for six month to a year or more.
The purpose of the long-range plan is to bypass random, non-specific growth and focus the organization's skills on those areas where it excels, such as creating high-quality consumer goods.
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Part 1 Ken is the produce manager at saying way a large Supermarket that is part of a national chain. After completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager. He is about to negotiate his new salary in the terms of his new position. He wants to be promoted to the assistant manager position because it pays more and requires a greater variety of responsibilities. He wants a raise of at least $5,000 because 1) He needs the money, too. 2) He thinks the job requires more work, responsibility, and headaches, so it should pay more, 3. He's heard a rumor that Wayne, who held this position before relocating to another store, was paid $5,000 more than cans current or salary; and 4. He thinks he deserves it. He is 28 years old and has a bachelor's degree in English literature. He always had an interest in going back to school and getting a master's degree (although he's not sure what subject to pursue). Money has been an obstacle to a graduate-level education. His only source of funds is what he makes as sane wait, and he really doesn't want and can't afford to take out any more loans. Ken lives in a modest but comfortable studio apartment with his fat cat, Margo. The apartment is at least 45 minutes away by car from the saying waste or where he is currently working, there is no easily accessible public transportation. He has recently traded in his beat-up Volkswagen Bug for a new Toyota pickup truck. Identify the relevant parties: if you are The Negotiator in the person you are dealing with directly as the counterpart please identify the names of others who may be significantly affected by the outcome of this negotiation. Start with the people on your side who may care about the outcome, these parties would be identified as to constituents friends family boss and others. Next identify people that would be on the counterpart side who may care about the outcome and identify their constituents friends, family
The people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers.
Who is a manager?It should be noted that a manager simply means an individual who oversees the team in a company and ensures that the goals of the company are achieved.
In this case, Ken is the produce manager at saying way a large Supermarket that is part of a national chain and after completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager and is about to negotiate his new salary.
In this case, the people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers. This was illustrated in the information.
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Allicyn is building a development dashboard. She discovers she needs to have more focus on factors that explain why certain decisions are made that affect her part of the supply chain. Which area is she concerned with?
Subject matter expertise is she concerned with.
What is supply chain?A supply chain transforms raw materials and elements into a finished product that's provided to a customer. It is created up of a complex network of organizations and movements, such as raw materials suppliers, manufactories, distributors, retailers, and the customer. A supply chain directs the network of organizations, individuals, activities, information, and resources concerned with delivering a product or service to a consumer.
Supply chain management exists as the practice of coordinating the different activities essential to produce and deliver goods and services to a business's customers. Examples of supply chain activities can contain designing, farming, manufacturing, packaging, or transporting. The subject matter expertise(SME) furnishes the knowledge and expertise in a distinct subject, business area, or technical location for a project/program.
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Allicyn is building a development dashboard. She discovers she needs to have more focus on factors that explain why certain decisions are made that affect her part of the supply chain. Which area is she concerned with?
Select an answer:
subject matter expertise
professional networking
knowledge of context
supply chabu language
Paul consumes only books and DVDs. At his current consumption bundle, his marginal utility from DVDs is 20 and from books is 2.Each DVD costs $6 , and each book costs $1 Is he maximizing his utility? Explain
Yes we can conclude that Paul is maximizing his utility.
How to solve for the utilitymarginal utility of good b = MUb
price of good b = Pb
marginal utility of good d = MUd
price of good d = Pd
MUb / Pb = 20/6 = 3.33
MUd / Pd = 2/ 1 = 2
(MUb / Pb) > (MUd / Pd)
This is given that 3.33 is greater that 2.
Hence we have to say that he is maximizing his utility given that 3.33 is greater than 2.
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Experts estimate that most people spend what percentage of their income on
transportation?
о A. About 15 percent
B. About 60 percent
OC. About 41 percent
OD. About 3 percent
About 15 percent estimation that most people spend what percentage of their earnings on transportation
How much of your earnings goes to transportation?
about 15%
According to the study, vehicle is actually the second largest expense for most American families.Americans spend about 16% of their income on it, with monthly costs arriving in at a whopping $813 on average.Transportation expenditures are a subset of travel expenses, which contain all of the costs associated with business travel such as taxi fare, energy, parking fees, accommodation, feeds, tips, cleaning, shipping, and telephone charges that workers may incur and claim for repayment from their employers.To learn more about income on transportation , refer
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Economic theories are founded on the idea that economic fluctuations are driven by ______.
Answer:
the answer is Supply and Demand
Explanation:
the two factors that mainly contribute to the resource allocation, distribution and price levels are Supply and Demand.
that is,
at any given time, how many are demanding for a resource/product/service and how many are wiling to supply.
note that there are many other factors that affect this, yet supply and demand are the basic ones.
hope this helps!
Answer:
Economic Shocks
While on a call with an emotional customer, the credit card they provide to purchase your service is declined by your system. They become even more agitated and swear it has the necessary funds. What would you do?
1. Advise the customer of the declined card and suggest they call back when they get things figured out so you can help them right away.
2. Advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
3. Explain to the customer that their card was declined and ask them if they'd like you to try again using different card.
When the credit card provided by the customer gets decline then advise the customer of the declined card and apologize for the issue then ask if they have another card or a family member that can assist with the payment.
In many instances the purchaser could be as mystified by the decline credit cards.The perfect element to do in the ones conditions is to really request a different form of payment through another credit card, an debit from the consumer's financial institution account, a test, or even cash.The upper threshold of costs you could placed on the cardboard. it is your bank's way of announcing you can not borrow any extra cash until you are making a fee.
It is essential to remember that a decline reaction means the card company is unable or unwilling to offer an authorization on the cardholder's account. It does no longer mean that there has been an blunders running the transaction. Card issuers decline transactions for plenty exclusive motives
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Which of the following is considered a stage of the new-product development process
Idea screening is considered a stage of the new-product development process.
What is New product development ?New product development entails the bringing up an original product idea to market.
The seven stages of New product development are :
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Answer please business ethics and principles of marketing
Business ethics and principles of marketing
In recent years, the Business ethics literature has exploded in both volume and importance. Because of the sheer volume and diversity of this literature, a review article was deemed necessary to provide focus and clarity to the area. The present paper reviews the literature on business ethics with a special focus on marketing ethics.
Marketing principles are the most commonly used principles that are around since the 1960s, these principles stood the test of time and have remained the same - with a little variation here and there - for decades. Businesses follow these principles for a successful marketing strategy.
1. Product
Dmytro Tsybuliak search marketing expert, and co-founder of nitrate, states that product is one of the most crucial principles of marketing. The product can be either a good or a service you provide to customers. One important thing that often marketers ignore is to see the appeal of your product and market for it before deciding what you want to offer.
.2. Price
The price is the money the customer has to pay for the product or services they receive. There are two types of pricing, such as cost-oriented prices and market-oriented prices.
3. Place
Place refers to the process of bringing your products and services to the customers. The place is wherever your product or services are available for purchase and customers can buy them. It could be a brick-and-mortar store, an online website, or you can use multiple channels to reach a broader audience.
4. Promotion
Promotion is creating awareness for your products, services, company, and brand. All the ways a company uses to build awareness for their product and services are known as promotion. Promotion should give customers a reason to choose your product or service, as well as show the prospective customers the benefits of using your product. Promotion is the backbone of marketing and as crucial for businesses as the quality of the products they produce. It refers to communicating with the target audience through different channels and creating awareness for your product and services.
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Last year Wei Guan Inc. had $795 million of sales, and it had $265 million of fixed assets that were used at 65% of capacity. In millions, by how much could Wei Guan's sales increase before it is required to increase its fixed assets? Do not round intermediate calculations.
The sales revenue can increase by $428.08 million without an increase in fixed assets.
What does 65% capacity mean?
65% capacity means that the company is currently using only achieving 65% of sales it could have achieved with its current fixed assets, in other words, the existing assets can still accommodate more production which would increase sales to 100% capacity before additional investment in fixed assets is required.
This means that increase in sales revenue that could be achieved using existing assets is sales revenue at 100% capacity minus the level of sales which is only 65% of the optimum level.
65% capacity sales revenue=100% capacity sales revenue*65%
65% capacity sales revenue= $795 million
100% capacity sales revenue=unknown(assume it is X)
$795 million=X*65%
X=$795 million/65%
X=100% capacity sales revenue=$1223.08 million
increase in sales=$1223.08 million-$795 million
increase in sales=$428.08 million
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1. R 20 million of new investment has been added to the South African economy, the current MPS is
0.40, and tax rate (t) is 0.12. By how much will aggregate spending and income increase as a result of
the R20 million increase in investment spending (7 marks).
Answer:
Yes
Explanation:
because south Africa can't put the money on the side
As a result of the R20 million increase in investment spending, the aggregate spending and income will increase by R38.462.
What is income?
Income, which is typically stated in monetary terms, is the spending and saving opportunity acquired by an entity within a given duration. Conceptually, income is difficult to define, and different fields may have distinct definitions.
When a new investment of R 20 million had been made with the aim of income increase in the South African economy, the current MPS is 0.40, and the tax rate (t) is 0.12.
Now the question that rises is what will be the aggregate spending and income increase as a result of the R20 million increase in investment spending. For this, the calculation will be as follow:
Multiplier will be = 1/ (MPS+MRT) = 1/(0.40 +0.12) = 1/0.52 = 1.923
Thus, the aggregate spending and income increment will be = R20 * 1.923 = R38.462.
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Which factor is not affected by cost of living? O A. How much housing costs O B. Insurance rates you pay O C. The quality of your relationships O D. The cost of health care
Answer:
c.the quality of you relationship
For the small business, which of the following is a good way to prevent or detect fraud? Segregate duties. Owner involvement in the business. CPA Audit. Hire trusted employees only.
For a small business, a good way to prevent or detect fraud is B. Owner involvement in the business.
What is a small business?A small business can be defined as a privately owned corporation, partnership, or sole proprietorship with fewer employees and less annual revenue than a large business.
Five types of small businesses have been identified as follows:
Sole proprietorshipPartnershipCorporationS CorporationLimited liability company.Given the employment and revenue profiles of small businesses, they may not afford to detect or prevent fraud by the segregation of duties as required by internal controls.
Hiring CPA Auditors and trusted employees only cannot help small businesses prevent or detect fraud.
Thus, the best way for a small business to prevent or detect fraud is by the involvement of the owner in the business.
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what happens to the total quantity demanded when the price of the product rises above $50
When the quantity demanded rises above 50 dollars the quantity demanded would be less than 100 units.
Demand is the amount of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.
Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
For example, if a consumer is hungry and buys a slice of pizza, the first slice has the highest utility or utility. Each additional part makes the consumer happier and the profit decreases. Theoretically, the first production can get a higher price from the consumer.
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The price elasticity of supply is0.9 , and price increases by10 percent. As a result, the quantity supplied will increase by
enter your response here percent. (Enter your response as a real number rounded to one decimal place, and do not use a percentage sign.)
When price increases by 10 percent, the quantity supplied increases by nine percent.
What is the percentage increase in the quantity supplied?Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good. Price and quantity supplied have a positive relationship.
If the value of the price elasticity of supply is less than one, it means that supply in inelastic. Supply is inelastic if a small change in price has little or no effect on quantity supplied.
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
percentage change in quantity supplied = percentage change in price X price elasticity of supply
0.9 x 10 = 9%
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Downsizing: Reasons to abandon products or markets:
Products or business units that are unprofitable or no longer fit the company's overall strategy
-Rapid growth of the company
-Lack of experience in a market
-Change in market environment
-Decline of a particular product
Select one:
O True
O False
False, Rapid development of the company, Lack of experience in a market, Change in the market environment, Decline of a particular product is not reason of Downsizing: Reasons to abandon products or markets: Effects or business units that are unprofitable or no longer fit the company's overall strategy
What are the cause your customers leaves?
Customers will often decide against departing if they have some sense of commitment to a certain brand, product, service or organization. Loyalty normally takes some time to accrue, so organizations find it hard to detect or create loyalty among new customers in particular.
What compels a negative brand image?
Your reaction could either be optimistic or negative based on past experiences with the company, recent headlines about them and/or views of those within your social circle. Each of these factors donates to the overall image of the organization.
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Companies report people to credit agencies if they iffail to pay their bills on time.
• borrow too much money.
•
fail to use
different types of credit.
O use large amounts
of credit at once.
Companies report people to credit agencies if they fail to pay their bills on time. Option A
What is Credit agency?Credit agency are companies that gathers information about creditors.
They help in given detail report of credit facilities that is available to an individual and can determine if an individual is Worthy of been borrowed money.
Therefore,
Companies report people to credit agencies if they fail to pay their bills on time
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which one of the following is not an international governing body of a game /sports.
a)IAAF
b)VFI
c)FIH
d)FINA
VF I(Visual Field Index ) is not an international governing body of a game /sports.
What is a regular visual field index?The VFI can vary from 100% (normal visual field) to 0% (perimetrically blind field). The VFI is less sensitive than the MD to the effects of cataract or diffuse media opacities. VFI is intended for use in estimating rates of progression and staging glaucomatous functional injury.
What is an uncommon visual field test?A test that delivers visual field loss means that vision in some areas is not as sharp as normal. It could be just a small vision lost in a small area, or all vision lost in large spaces. The amount of vision lost and the areas involved are measured by the visual field test.
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If aggregate demand shifts to the left by $400 billion and aggregate supply is upward-sloping, then real output will decrease by.
Answer:
will decrease by $400 billion and the price level will fall
Question 13
Which of the following does not describe a section of the U.S. Constitution?
O A general guideline of individual rights
O A general guideline of employment rights
It defines the division of powers with the federal government through checks and balances.
It defines the division of powers between the federal and state government.
A general guideline of employment rights
Explanation:The Consitution of the United States is the base for the entire government as well as the laws of the country.
Bill of Rights
The Consitution has a section commonly referred to as the "bill of rights." This section lists out 10 individual rights that everyone in the country has. Later, this section was amended further to add more rights.
Checks and Balances
Additionally, because the Constitution lays out the format of the government different sections bring up points on how to balance power. For example, Article II, Section 3 allows the president to be impeached if he abuses his power.
Division of Power
The USA follows federalism. This means that there is both a central government and local governments. In the Constitution, rules are in place to ensure that state governments maintain some power. For example, the tenth amendment gives power to the states.
Items Not in the Constitution
The Constitution's primary goal is to create a government and protect basic, individual rights. However, this does not include employment. While there are laws to protect employees and salaries, there are not any in the Constitution.
Covariance is best described as
Covariance is best described as a feature which allow for the substitution of subtype with its supertype.
What is covariance?When two or more variables that are continuous have common factors, such is termed covariance hence could be positive, negative or zero.
In other words, covariance indicates the relationship of two variables whenever one variable changes. If an increase in one variable results in an increase in the other variable.
Covariance is what gives or shows the joint relationship between two random variables.
If covariance is positive, it means that the variables move togetherIf it is negative, it means the variables don't move together.If covariance is zero, it shows there's no relationship between the variables.Learn more covariance here: https://brainly.com/question/16889222
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Best Buy sells a flat-screen high-definition TV for $700. Best Buy marks up the TV 45% on cost. What is the cost and dollar markup of the TV?
Answer:Cost of Tv 482.76 Dollar Markup 217.24
Explanation:
The cost of the TV will be $ 315
The dollar markup of the TV will be $ 1015
What is a markup price?The markup is the difference in prices between the cost of producing the product or service and the price at which it is sold. Businesses must tack on a markup on top of their total expenditures in order to guarantee a profit and recoup the costs associated with producing a good or service.
The information provided is:
The selling price of the TV = is $700
The markup cost of the TV = 45% of the cost
The dollar markup cost will be
= 700 * 45%
= $315
The new cost that will be generated will be
= 700 + 315
=$1015
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Changes in Current Operating Assets and Liabilities—Indirect Method
Covington Corporation's comparative balance sheet for current assets and liabilities was as follows:
Dec. 31, 20Y2 Dec. 31, 20Y1
Accounts receivable $28,200 $27,300
Inventory 59,500 60,200
Accounts payable 18,400 17,000
Dividends payable 20,000 19,000
Adjust net income of $88,300 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.
$fill in the blank 1
The Net cash provided by operating activities is:$90,500.
Net cash provided by operating activitiesCash flows from operating activities
Net Income $88,300
Adjustments to reconcile net income to
Net cash provided by operating activities:
(Increase) Decrease in Current Assets:
Accounts Receivables ($900)
($28,200 -$27,300)
Inventory $700
($59,500-$60,200)
Increase (Decrease) in Current Liabilities:
Accounts Payable $1,400
($18,400 -$17,000)
Dividends Payable $1,000
Net cash provided by operating activities $90,500
Therefore the Net cash provided by operating activities is:$90,500.
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Please Help soon
Reflect on how the money multiplier concept can be an important tool of both expansionary as well as contractionary monetary policy for any central bank such as the U.S. Federal Reserve Bank?
The money multiplier can be used as an expansionary and also an expansionary tool by a given government.
What is an expansionary tool?As an expansionary tool, the money multiplier may be used to increase the amount of money supply that is in an economy. This would cause the interest rates to be low so that people would not have much benefits from saving their money.
As a contractionary toolThe money multiplier can be used to reduce the amount of money that is in circulation in a given economy. This would make people want to save more money in the bank because the interest rate is going to be raised.
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Refer to the following supply and demand curve diagram.
a. Starting from an initial equilibrium at E, what shift or shifts in supply and/or demand could move the equilibrium price and quantity to each of points A through I?
b. Starting from an initial equilibrium at E, what would happen if both a decrease in the price of a substitute in production and an increase in income occurred, if it is a normal good?
c. Starting from an initial equilibrium at E, what would happen if both an increase in the price of an input and an advance in technology occurred?
d. If a price floor is imposed above the equilibrium price, which of A through I would tend to be the quantity supplied, and which would tend to be the quantity demanded? Which would be the new quantity exchanged?
e. If a price ceiling is imposed below the equilibrium price, which of A through I would tend to be the quantity supplied, and which would tend to be the quantity demanded? Which would be the new quantity exchanged?
Use long division to find the value of 1,875 - 15
Question 8 of 10
Why is it important to name an executor in a will?
OA. To ensure that someone you trust administers your estate
OB. To ensure that beneficiaries get whatever they want from the
estate
C. To ensure that the court doesn't declare the will null and void
OD. To ensure that beneficiaries do not receive any assets
SUBMIT
It is important to name an executor B. To provide that beneficiaries acquire whatever they want from the estate.
Who is an executor?An executor exists as someone who stands responsible for executing or following an assigned task or duty. The feminine form, executrix, may sometimes be utilized.
An executor typically presents the will for probate, brings the action to rescue the assets of the estate, creates distributions of effects to beneficiaries, and produces the debts and taxes of the estate.
An executor handles your estate when it's in probate (aka the procedure of being distributed and carried out). Particularly, they begin and observe through the probate approach. They also manage your assets, pay your obligations, and allocate property to your heirs as summarized in your will
Hence, It is important to name an executor B. To provide that beneficiaries acquire whatever they want from the estate.
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Essential to name an executor in a will B. To ensure that beneficiaries get whatever they want from the estate
The person bargaining with the estate of the person who has died is called an agent or an administrator. An executor is someone who is named in the will as accountable for dealing with the estate. An administrator may have to apply for a special legal authority before they can deal with the inheritance.
What Is an Executor?An executor of an inheritance is an individual appointed to administer the testament of a departed person. The executor's main duty is to carry out the education to manage the affairs and wishes of the departed.
What rights does an executor have?The court gives the executor the freedom to act on the decedent's behalf. The administrator is responsible for managing the estate's assets. The administrator can liquidate assets to pay the bills of the estate or use the accounts in the estate to pay these bills.
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The Government increases government spending by $1 billion on goods and services, $3 billion on increased subsidies of pre-school children and increases taxes by $2.5 billion. What is the net effect of these changes if the marginal propensity to withdraw is 20 percent? (repeat the exercise if the MPW is 60%). Had the government wanted to get the same impact through buying goods and services, what would it have to increase the spending on goods and services. Show your work and your answer. In a paragraph or two what other impacts (positive or negative) might this decision have on the economy?
The net effect of these changes in the expenditure if the marginal propensity to withdraw is 20 percent is that the consumer spending will rice.
How to illustrate the information?In Keynesian macroeconomic hypothesis, it illustrates the impact of the monetary improvement spending.
If the government wanted to get the same impact through buying goods and services, the thing to do to increase the spending on goods and service is to reduce taxes and increase its expenditure.
The impacts that this might this decision have on the economy is that it will enhance globalization and and increase in the standard of living.
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If there is an increase in demand for a good, what will most likely happen to the price and quantity of the good exchanged?
Answer:
demand curve shift right means price intersects lower and quantity is increased
Explanation:
price decrease, quantity increase
Why does naira devalue ?
Demand pressures includes an increase in education FX outflows as that has increased from $500 million in 2015 to $6 billion in 2021, showing a massive growth in demand for dollars over a 6 year period,” he explained, establishing also that the lack of liquidity in the market was causing the naira's downfall.
Hope it helps !_____________________________________________
3. What is the second rule of risk management?
a. Share the risk.
b. Transfer the risk.
c. Avoid the risk.
d. Document the risk.
3. A 9.3% annual coupon bond with a 10-year maturity and a $1,000 par value has a yield to maturity of 8%. Assuming that the yield curve is flat and doesn’t shift, calculate the holding period return you would achieve from buying the bond, holding it for one year only.
Holding period return is 8.000%
Price at the time of purchase=
1000*9.3% 8(1/1.08^10)+1000/1.08^10=1087.231058
Price at the time of sale=
1000*9.3%/8%*(1-1/1.08^9)+1000/1.08^9=1081.209543
Holding period return=
(1081.209543+1000*9.3%)/1087.231058-1=8.0000%
Coupon bonds, also known as bearer bonds or bond coupons, are debt securities with coupons attached that represent semi-annual interest payments. For coupon bonds, there is no record of the purchaser and issuer. The purchaser's name is not even printed on the certificate.
A coupon bond is a debt instrument with a removable piece of paper that can be peeled off the bond itself and taken to a bank or broker to pay interest. These removable pieces of paper are called coupons and represent interest payments to creditors.
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