Pam works for a corporation that recently fired three top managers who were caught using the company credit cards to lavishly fu

rnish their offices and even purchase "office" furniture that was found in their personal homes. Which method of maintaining an ethical culture is Pam's company pursuing? A) serve as a visible role model B) communicate ethical expectations C) provide ethical training D) visibly punish unethical acts E) provide protective mechanisms

Business

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If the company has selected its target market and positioning carefully, then its marketing mix strategy, including price, will

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-11.8%

Clarification:

to resolve this problem, it's important to keep in mind that a bond's worth is primarily determined by figuring out the present value of its cash flow sequence. Therefore, consider a bond in terms of you being the creditor; you would earn interest from the loaned amount (the coupon), and after n years, you'd receive back the initial amount lent (the principal). Applying the relevant formula, we get the value of the bond as follows:

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in this specific scenario, there are 29 years left until it matures after one year, thus we have:

$price=\frac{1,000*0.04}{(1+0.08)^{1} }+ \frac{1,000*0.04}{(1+0.08)^{2} } \frac{1000*0.04}{(1+0.08)^{3} }+...+\frac{1,000+1,000*0.04}{(1+0.08)^{30} }$

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