BUSINESS HIGH SCHOOL

"A 5 year 3 1/2% Treasury Note is quoted at 98-4 - 98-9. The note pays interest on Jan 1st and Jul 1st. A customer buys 5M of the notes. Approximately how much will the customer pay, disregarding commissions and accrued interest?"

Answers

Answer 1
Answer:

Answer:

$4,914.06

Explanation:

Calculation for how much will the customer pay by disregarding commissions and accrued interest

The 5M which the customers used to buy the notes means that the customer is buying $5,000 par value of the notes.

Take note that the capital letter M in Latin means for $1,000.

Therefore the customer will have to buy at the ask price of 98 and (9/32nds =0.28125) which means that 98%+0.28125 will gives us 98.28127.

Now let calculate for how much will the customer pay by disregarding commissions and accrued interest

98.28125% * $5,000 par

= $4,914.06

Therefore the amount that the customer pay by disregarding commissions and accrued interest will be $4,914.06

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Answers

Answer:

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Answers

Answer:

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Explanation:

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In the film (around 2:08-2:11) the people in the town of Arcata CA are discussing the role that corporations should play in a democratic society. Some of the people are concerned about the great influence that corporations play in our society, and want to make corporations more accountable to the people. One man who seems opposed to passing legislation that restricts the activities of the corporations suggests that we all have the power to vote with our wallets. He says that if you don't approve of what a corporation does, then you simply should not use its products or services. In his mind, this is sufficient for keeping corporations under the control of the people. (a) Do you think about the people can make corporations act in an ethically responsible way by voting with their wallets?
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Answers

Answer:

(a) Sure, the people can make corporations act in an ethically responsible way, in other words, Acting in ways consistent with what society and individuals typically think are good values.

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(c) No, it will not be fair; there has to be a cordial relations between the corporations and the people, hence if the people are given voting power based on their wealth, it could create some level of disunity.

Explanation:

(a) Sure, the people can make corporations act in an ethically responsible way, in other words, Acting in ways consistent with what society and individuals typically think are good values.

(b) This speaks to corporate social responsibility, by voting the people are able to control  the corporations in a way that makes them more socially responsible. Voting could also give people with bigger wallets, higher levels of control.

(c) No, it will not be fair; there has to be a cordial relations between the corporations and the people, hence if the people are given voting power based on their wealth, it could create some level of disunity.

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Answers

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Answers

Answer:

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Answers

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