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Write an email denying a request for a salary advance.
Imagine that you own a website design firm, and an employee asks you for a favor: a one-month salary advance. This is one of your best employees, someone who has worked with you for over five years, and you know she's buying a house. But you cannot advance her the money for these reasons:
• It's against your company policy (according to your employee handbook).
• You want to be fair to everyone and cannot accommodate others' requests.
• You don't want this to set a precedent for this employee.
• You don't believe it's your responsibility.
Decide how you'll organize the email and which of these reasons you will present to the employee. You don't need to include everything unless you believe it will explain your rationale and maintain the employee's goodwill.
A 10-year corporate bond has a yield of 9%. Assume that the liquidity premium on the corporate bond is 0.7%. What is the default risk premium on the corporate bond? Round your answer to two decimal places.
When Dany retires, she wants to withdraw $15,000 every quarter from her savings for a period of 25 years. How much money must Dany have in the bank when she retires to be able to withdraw the desired amount?
A Corporation has an equal number of low-risk projects, average-risk projects, and high-risk projects. The company estimates that the overall company's WACC is 12 percent.
the canning company has been hard hit by increased competition. analysts predict that earnings and dividends will
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The outstanding bonds of The River Front Ferry carry a 6.5% coupon. The bonds have a face value of $1,000 and are currently quoted at 101.6. What is the current yield on these bonds?
cartwright brothersstock is currently selling for 40 a share. the stock is expected to pay a 2 dividend at the end of
What is this project's internal rate of return? If the discount rate is 1%, what is this project's net present value? If the discount rate is 4%, what is this project's net present value? If the discount rate is 10%, what is this project's net presen..
Compare and contrast the firm's actions with your findings in part c. Which decision method seems more appropriate? Explain why.
If the price of the common stock rises to $25 on this date next year, what would your rate of return be if you bought a convertible bond today and sold it in one year? Assume on this date next year, the conversion premium has shrunk from $70 to $1..
Suppose you owned a portfolio consisting of $250,000 worth of long-term U.S. government bonds.a. Would your portfolio be risk less? b. Now suppose you hold a portfolio consisting of $250,000 worth of 30-day Treasury bills. Every 30 days your bills ma..
Explain the importance of culturally appropriate health policies. Explain how one can develop a policy so that it gets the support of the community.
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