The reserve ratio is the ratio of reservable liabilities held by the commercial bank to loans for additional investment.The equation of money save proportion for the estimation by the bank is Money hold proportion = Save prerequisite *Bank stores.
The required reserve can be calculated by multiplying 0.2 by the deposit amount to get the total amount.You will receive both the excess reserve and loan amount from this.The amount held as currency (M1) can then be determined by multiplying by 50% (0.5).
The proportion of reservable liabilities that commercial banks are required to keep instead of lending or investing is known as the reserve ratio.The country's central bank, which in the United States is the Federal Reserve, sets this requirement.The cash reserve ratio is a different name for it.
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What are the 3 importance of entrepreneurship to the economy?
The new merchandise or services created by entrepreneurs end result in new wealth from the new markets. Additionally, greater revenue due to entrepreneurship can assist improve national income.
This is in the structure of greater government spending and tax revenue, ensuing in investment in struggling sectors and human capital.
What are the importances of entrepreneurship to an economy?Entrepreneurship Accelerates Economic Growth
By developing new products and services, they stimulate new employment, which eventually outcomes in the acceleration of financial development. So public coverage that encourages and helps entrepreneurship be regarded vital for financial growth. The primary importance of entrepreneurship is the introduction of job opportunities, innovation, and improve the economy.
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Answer:
isnt it usually 60?
Explanation:
GIVING BRAINLIEST
1a. What is meant by design mix?
(2)
1b. Explain how function has been critical in the development of the CargoRunner.
(4)
1c. Assess how changing the design mix of the rucksack is reflected by social trends.
(10)
Total: 16 marks
when new technology is introudced that replaces the work done by low-skilled workers, the wages of low skilled workers tend to-
a. fall
b. remain unchanfed
c. change in an unpredictable manner
d.rise
When new technology is introduced that replaces the work done by low-skilled workers, the wages of low skilled workers tend to fall.Low-skilled workers tend to receive lower wages when new technology is introduced that replaces the work they have been doing.
It is because companies that use technology are likely to be more productive than those that do not. Increased productivity reduces the cost of producing goods, which results in a price reduction. When the price of a product decreases, people tend to buy more of it; hence, the demand for labor in that industry will increase. Nevertheless, this demand for labor will only be for a certain type of labor, particularly skilled workers who are able to handle the new technology. This will leave the low-skilled workers who are replaced by the technology jobless, and since they do not have specialized skills, they cannot find a new job easily.As a result, the wage of the low-skilled workers tend to fall as the supply of low-skilled workers exceeds the demand for low-skilled workers. Thus, this leads to a surplus of labor in the low-skilled labor market, leading to low wages for workers.
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fiscal policy refers to the idea that aggregate demand is affected by changes in
Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
What is fiscal policy?Fiscal Policy refers to government policy of using tax and spending to meet economic goals.
Here, a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
Hence, Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
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Why would a person change their business status to a LLC?
A. To gain tax breaks
B. To limit their personal liability
C. To help obtain funding through the sale of stock
D. Because it is the easiest form for setting up your business
Answer:
A) to gain tax breaks
Explanation:
A common reason for changing a co. to an LLC is to avoid double taxation
If the population of a country is 250,000 people, its labor force consists of 145,000 people, 35,000 people are unemployed, 10,000 are unable to work, and 5,000 are unwilling to work, the unemployment rate is
Based on the population of the nation and those who are unemployed, the unemployment rate is 24.1%.
What is the nation's unemployment rate?This can be found as:
= Number of unemployed people / Labor force
Solving gives:
= 35,000 / 145,000 x 100%
= 0.241 x 100%
= 24.1%
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Larry recently invested $24,400 (tax basis) in purchasing a limited partnership interest in which he will have no management rights in the company. His at-risk amount is also $24,400. In addition, Larry’s share of the limited partnership loss for the year is $3,750, his share of income from a different limited partnership was $2,600, and he has $3,700 of dividend income from the stock he owns. How much of Larry's $3,750 loss from the limited partnership can he deduct in the current year?
Answer:
$2,600.
Explanation:
Considering the available information given the in the question, we have:
Larry’s tax basis is $24,000
His at-risk amount is $24,000.
Consequently, the basis and at-risk hurdles are not considered.
On the other hand, given that Larry still may not deduct $2,600 of the $3,750 loss because he only has $2,600 of passive income for the year.
Hence, Larry has a $2,600 passive activity loss carryover.
Therefore, the Deductible Loss is $2,600.
PLEASE HELP ME!!!!!
IT'S DUE TODAY!!!!!!!!
I WILL GIVE BRAINLIEST, BUT I NEED AN ANSWER ASAP!!!!!!!!
Paula and Emilio are business partners who co-own a party-planning business. Emilio has been handling all the office administration tasks himself so far, and he’s been doing a good job with them. However, as word-of-mouth marketing starts to bring them more and more customers, Paula suggests hiring an administrative professional.
What type of business structure do Paula and Emilio run? Explain your reasoning.
What is the MOST likely reason Paula wants to hire someone new? Explain your reasoning.
Answer: Paula and Emilio are running a partnership business structure. It is a partnership business because it involves 2 individuals and a partnership business structure can involve between 2-20 people.
Explanation: Paula would like to hire someone new because the business started to expand and she thinks Emilio will need some help to keep up with all of the customers/ consumers.
Can someone help me??
Answer:
Accuracy and attention to detail, Problem solving and critical thinking skills, Knowledge of programming language .
Explanation:
Hooe it helps..
ECONOMICS EVERFI QUESTION When comparison shopping, all of these hint at a good deal EXCEPT_____________________. lower-priced models offer more features. there is a coupon available for additional percentage off the price. the sale price is the cheapest available. there are more positive customer reviews than negative reviews.
Answer:
the sale price is the cheapest available.
Explanation:
Comparison shopping is the practice or nature of shopping where one compares the price of an item different sources which the individual wishes to purchase. This is done in advance before the actual purchase or shopping. It is done to achieve the best deal in price.
Comparison shopping is ideal or beneficial when buying items which can be easily researched through some advertisements. When doing comparison shopping it is not a good deal to always go for the lowest price available.
Thus, it is not considered a good deal when you go for the sale price that is the cheapest available.
The sentence which best complete the phrase is lower-priced models offer more features (option A)
When we want to buy an object it is advisable to find out its value in different places to find the cheapest one. It is also advisable to look for discount coupons or promotions to save us a little money.
Another activity that we can carry out is to consult on the internet the review of other buyers about the product to make sure that its operation is optimal.
Generally, the cheapest models are the ones that offer the fewest features. For example, if I want to buy a bicycle, its price can vary based on different characteristics such as the material of the frame (lighter is worth more) or the number of speeds (more speeds are worth more).
According to the above, the correct answer is option A. because it mentions an aspect related to low-value objects.
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1. Every decision made by one, regardless s/he is a producer or a consumer, has a corresponding value Select the correct response A) Optimal decisions are made at a margin B) All choices would incur costs C) The value of products depends on consumer preferences. 2. It sometimes refers to the TANSTAAFL concept Select the correct response A) All choices would incur costs B) The value of products depends on consumer preferences. C) Optimal decisions are made at a margin 3. It pertains to the economizing behavior of people Select the correct response A) People choose rationally B) All choices would incur a cost C) People are required to make choices. 4. people don't give importance to goods or services at the same level Select the correct response A) Choices are made through the available and limited information B) People are required to make choices C) The value of products depends on consumer preferences 5. Society needs to determine who would get the limited resources Select the correct response A) People are required to make choices B) People choose rationally C) Optimal decisions are made at a margin.
Every consumer or producer decision has a value in economics. All choices have prices, consumer preferences determine product value, and people must make judgements with limited information. Society must allocate scarce resources.
Optimal decisions are made at a margin: This means that individuals make decisions by considering the additional benefits and costs associated with a particular choice. They evaluate the marginal utility or satisfaction gained from consuming or producing one more unit of a good or service. By comparing the marginal benefit to the marginal cost, individuals can determine whether a decision is optimal.
All choices would incur costs: Regardless of whether one is a producer or a consumer, making choices involves costs. These costs can be explicit, such as the monetary price of a product, or implicit, such as the opportunity cost of choosing one option over another. Individuals need to assess and compare these costs to make informed decisions.
The value of products depends on consumer preferences: The value of a good or service is subjective and varies among consumers. Consumer preferences play a crucial role in determining the value of products. Different individuals may assign different levels of importance or satisfaction to the same goods or services based on their preferences, tastes, and needs.
Choices are made through the available and limited information: When making decisions, individuals often have access to limited information about the available options and their characteristics. Due to this limited information, people may not assign the same level of importance to all goods or services. They must make choices based on the information they have, which may vary in quality and quantity.
Society needs to determine who would get the limited resources: In any society, resources are scarce relative to the unlimited wants and needs of individuals. Therefore, society needs to address the challenge of resource allocation. This involves making choices about how to distribute the limited resources among competing individuals or groups. It may involve considering factors such as equity, efficiency, and prioritization to determine who should receive the available resources. This decision-making process is necessary to ensure the most optimal allocation of resources for the benefit of society as a whole.
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Which is NOT a fee you need to worry about with a checking account?
Answer:
It depends on the bank provider. All bank providers have different fee policies.
Explanation:
There is no specifc answer to this.
which of the following statements about service marketing is correct
The statement true about service marketing is: b. Training current employees better and hiring new ones with more skills can increase service productivity.
Services marketing is a type of advertising that companies who offer their clients a service use to raise their brand recognition and sales. Customers' interactions with a brand and their overall brand experiences are vital for preserving the company's position in service marketing. Brand loyalty and a favorable brand perception are influenced by positive interactions, client satisfaction, and the development of strong relationships.
Through training programs, current employees can increase their knowledge and skills, which will improve their capacity to provide effective, high-quality services and boost service productivity. Improved service productivity can also result from the hiring of new personnel with the necessary qualifications.
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Complete Question:
Which of the following statements about service marketing is correct ?
a. Customers' engagement with brands and customers' brand experiences are the key elements in maintaining a brand's position.
b. Training current employees better and hiring new ones with more skills can increase service productivity.
c. Customer service is an important element of product strategy.
Zing Coffee Company produces Columbian coffee in batches of 5,500 pounds. The standard quantity of materials required in the process is 5,500 pounds, which cost $6.00 per pound. Columbian coffee can be sold without further processing for $6.40 per pound. Columbian coffee can also be processed further to yield Decaf Columbian, which can be sold for $12.00 per pound. The processing into Decaf Columbian requires additional processing costs of $13,750 per batch. The additional processing will also cause a 4% loss of product due to evaporation.
Determine the price of Decaf Columbian that would cause neither an advantage nor a disadvantage for processing further and selling Decaf Columbian. Round your answer to the nearest cent.
The price of Decaf Columbian that would cause neither an advantage nor a disadvantage for processing further and selling Decaf Columbian is $7.10 per pound.
To determine the price of Decaf Columbian that would cause neither an advantage nor a disadvantage for processing further and selling Decaf Columbian, we need to calculate the incremental revenue and incremental cost of processing the Columbian coffee into Decaf Columbian.
Incremental revenue = Revenue from Decaf Columbian - Revenue from Columbian coffee
Incremental revenue = $12.00 - $6.40
Incremental revenue = $5.60 per pound
Incremental cost = Additional processing costs per batch + Cost of materials lost due to evaporation
Incremental cost = $13,750 + (0.04 x 5,500 x $6.00)
Incremental cost = $13,750 + $13,200
Incremental cost = $26,950 per batch
The incremental profit for processing the Columbian coffee into Decaf Columbian is:
Incremental profit = Incremental revenue - Incremental cost
Incremental profit = $5.60 - $26,950/5,500
Incremental profit = $5.60 - $4.90
Incremental profit = $0.70 per pound
Therefore, the price of Decaf Columbian that would cause neither an advantage nor a disadvantage for processing further and selling Decaf Columbian is $0.70 per pound more than the price of Columbian coffee:
Price of Decaf Columbian = Price of Columbian coffee + Incremental profit
Price of Decaf Columbian = $6.40 + $0.70
Price of Decaf Columbian = $7.10 per pound
Therefore, the price of Decaf Columbian that would cause neither an advantage nor a disadvantage for processing further and selling Decaf Columbian is $7.10 per pound (rounded to the nearest cent).
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(1) (2) (3) (4) Reserve Requirement 10. Multiple Choice 12. (%) W 8 6. 12 20 4. The accompanying table gives data for a commercial bank or thrift. In row 1, the number appropriate for space W is Check
The appropriate number for space W in the table is 12%.
The reserve requirement refers to the percentage of deposits that banks are required to hold as reserves, which they cannot lend out. In this case, the commercial bank or thrift has a reserve requirement of 12%. This means that for every deposit made by customers, the bank must keep 12% of that deposit as reserves and cannot use it for lending or other purposes.
This reserve requirement serves as a mechanism for the central bank to control the money supply in the economy. By setting a reserve requirement, the central bank can influence the amount of money that banks are able to lend out. A higher reserve requirement means that banks have less money available to lend, which can result in reduced lending and a tighter money supply. On the other hand, a lower reserve requirement allows banks to have more funds available for lending, which can stimulate economic activity.
It's important for the central bank to strike a balance when setting the reserve requirement. If the requirement is too high, it can restrict lending and potentially slow down economic growth. Conversely, if the requirement is too low, it can lead to excessive lending and the potential for inflationary pressures.
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There will be a lower equilibrium price and quantity if _____.
demand increases and supply increases
demand increases and supply decreases
demand decreases and supply stays the same
none of the above
Answer:
Its C demand decreases, and supply stays the same.
Explanation:
I took the test and got a 100%
Outlet Sales Store unknowingly buys goods that were stolen from Quality ProductsInc. Most likely, Outlet Sales can be ordered to return the goods or pay their true owner for their value in a suit for
appropriation.
conversion.
wrongful interference with a business relationship.
none of the choices.
Most likely, Outlet Sales can be ordered to return the goods or pay their true owner for their value in a suit for B. conversion
What is conversion ?Conversion is the wrongful interference with another person's property rights. In this case, Outlet Sales Store has wrongfully interfered with Quality Products Inc.'s property rights by taking possession of goods that were stolen from them.
Wrongful interference with a business relationship is a tort that occurs when someone intentionally interferes with another person's business relationships. This tort would not be applicable in this case, because Outlet Sales Store did not intentionally interfere with Quality Products Inc.'s business relationships.
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An architect’s functions may include which of the following? (SELECT ALL THAT APPLY.)
-planning and designing houses, commercial buildings, and other structures
-ensuring worksite safety
-collaborating with engineers
-acting as a construction manager and supervising contractors
Answer:
the answer is planning, ensuring, and acting
Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) 50 b) $865.94 C) $991.36 d) $1156.36
Option(A) is the correct answer. Krishna will receive a disability benefit of $660 under the CPP.
To determine the disability benefit that Krishna will receive under the CPP, we need to consider a few factors. First, let's calculate the disability benefit based on the provided information:
The flat-rate disability amount is $496.36 per month.
The maximum monthly disability benefit is $1362.30.
Krishna's entitlement to a CPP retirement benefit is $660 per month.
To calculate the disability benefit, we compare the retirement benefit to the flat-rate disability amount and the maximum monthly disability benefit:
The disability benefit will be the lesser of:
The retirement benefit ($660)The flat-rate disability amount ($496.36) plus the retirement benefit minus the flat-rate disability amount.Let's calculate the disability benefit based on the above formula:
Disability benefit = min(retirement benefit, flat-rate disability amount + retirement benefit - flat-rate disability amount)
= min($660, $496.36 + $660 - $496.36)
= min($660, $660)
= $660
Therefore, Krishna will receive a disability benefit of $660 under the CPP.
Option (a) 50, option (b) $865.94, option (c) $991.36, and option (d) $1156.36 are not correct based on the given information. The correct answer is that Krishna will receive a disability benefit of $660 under the CPP.
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Krishna is 56 years old; he has contributed to the CPP without interruption for over 30 years. While crossing the street, Krishna was struck by a bus and seriously injured. He is currently hospitalized and on life support and his doctors have informed Krishna's family that it is uncertain as to whether he will awaken from his coma. Assuming at the time of his accident, Krishna was entitled to a CPP retirement benefit of $660, the flat-rate disability amount is $496.36 per month and the maximum monthly disability benefit is $1362.30, how much of a disability benefit will Krishna receive under the CPP? a) $660 b) $865.94 C) $991.36 d) $1156.36
A physician has been practicing medicine for forty years. Within the last fifteen years, he has shifted from handwriting all of his cases to inputting information into his electronic medical record. This is an example of the importance of
1.career portfolios.
2.credentialing.
3.life-long learning.
4.licensure.
P:EASE HELP ME AND QUICCK ILL GIVE YOU THE BRAINIEST CROWN THINGY>>>PLEASE HELPPP
Answer:
3.life-long learning.
Explanation:
When economists determine that a nation’s GDP has declined, they can point to this as a sign of
economic shrinkage.
economic growth.
low unemployment.
poor leadership.
Answer:
ANSWER: Economic Shrinkage
Explanation:
When Economists determine that a nation’s GDP has declined, they declared that this is a sign of Economic Shrinkage.
This is because Economic Shrinkage is a term that described a decrease or reduction in the level of a country or nation's GDP.This implies that the level of economic and development growth rate of a specific nation under measure has declined.A reduction in the GDP of a nation affects the production level, the consumers, and the investors.Hence, in this case, the correct answer is option A "Economic shrinkage."
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Mr. Davidson owns a development company that has built waterparks in several dozen cities. He took out a loan for $500,000 to develop a waterpark in his hometown in florida. He made this decision based on reports that several new businesses were going to open there, including a new automobile manufacturing facility. Halfway through the construction of the waterpark, the automobile manufacturer decided to location elsewhere causing a severe economic downturn in his community. How will this economic problem affect mr. Davidson's requirement to repay the loan?
Mr. Davidson's requirement to repay the loan for the development of the waterpark in his hometown in Florida will not be affected by the economic downturn caused by the automobile manufacturer's decision to locate elsewhere.
This is because loans are legal contracts that are binding and must be repaid regardless of any unforeseen circumstances that may arise during the course of the loan. The loan agreement likely includes provisions for default and late payments, and Mr. Davidson may face financial penalties or even legal action if he is unable to repay the loan on time. Mr. Davidson may be able to negotiate with the lender to restructure the loan terms to better suit his financial situation in light of the economic downturn. For example, he may be able to negotiate a longer repayment period, lower interest rates, or smaller monthly payments. It is important for Mr. Davidson to communicate openly with the lender and provide a clear explanation of the economic situation in his community.
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Uber is considering adding a service to their current offering. Instead of picking up people and taking them to their destination, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. The pickup and delivery service is in the_________ stage of the new-product development.
Answer:
test market
Explanation:
From the question, we are informed about Uber who is considering adding a service to their current offering. Instead of picking up people and taking them to their destination, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. In this case, The pickup and delivery service is in the test market stage of the new-product development.
In domain of marketing, A test market can be regarded as a geographic region as well as demographic group that is utilized in guaging of the viability of a particular product/service in the mass market before porting to a wide scale roll-out.
you have been instructed to destroy several old hard drives that contained confidential information, so you take them to a local company that specializes in this process. the it director wants confirmation that the drives were properly destroyed. what do you need to provide him with?
you need to provide him with a certificate of destruction.
In 1982, the German thrash metal group Destruction was founded. They are frequently referred to as one of the "Big Four" bands of German thrash metal, together with Kreator, Sodom, and Tankard. Destruction was a part of the second wave of thrash metal in the mid- to late 1980s, alongside American bands like Testament, Sacred Reich, Death Angel, and Dark Angel, and contributed to the creation of black metal by containing various aspects that would later make up the genre. The band had to self-produce its albums for the most of the 1990s because it was not signed to a record label, and they did so until they entered into an agreement with Nuclear Blast in the early 2000s.
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After many months in business, Horatio decides that there are some negative aspects of having a sole proprietorship. All of the followin
are negatives except.
As Horatio decides that there are some negative aspects of having a sole proprietorship, the exception to the negative was "Pride of ownership".
What is a sole proprietorship?It refers to a one-man business organisation. It involve a natural person (not a legal person/entity) who fully owns and manages this type of entity. In addition, the sole proprietorship usually does not have to be incorporated or registered.
Because of these fact, the sole proprietorship is the simplest form of business structure and the ideal choice to run a small business or medium scale business.
Missing options "a)lack of money b)lack of continuity c)pride of ownership d)unlimited liability
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which of the following funds are proprietary funds? multiple choice proprietary funds are not used in governmental accounting. enterprise funds, investment trust funds, pension trust funds, and the general fund. enterprise funds and internal service funds. internal service funds, special revenue funds, and enterprise funds.
The proprietary funds in governmental accounting are enterprise funds and internal service funds. Enterprise funds are used for business-like activities that provide goods or services to the public on a fee basis.
Internal service funds are used for activities that primarily benefit other departments within the same government.
Investment trust funds and pension trust funds are not proprietary funds.
The general fund is also not a proprietary fund, as it is used to account for general revenues and expenditures of a government.
In conclusion, the proprietary funds in governmental accounting are enterprise funds and internal service funds.
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Clients tend to report satisfaction and self-improvement to the degree that there is:
A. a session frequency of at least two times per week.
B. limited financial hardship experienced as a result of sessions.
C. a trusting relationship with the coach.
D. a repetition to the content of the sessions.
Among the options provided, a trusting relationship with the coach is the most significant factor in clients reporting satisfaction and self-improvement.
A strong and trusting relationship between the client and the coach forms the foundation for effective coaching outcomes.
While factors such as session frequency, limited financial hardship, and repetition of session content can contribute to the overall coaching experience, they are not as directly linked to client satisfaction and self-improvement as the establishment of trust.
Trust allows clients to feel comfortable and open in sharing their thoughts, feelings, and goals with their coach. It enables the coach to provide personalized guidance, support, and feedback tailored to the client's specific needs. Through trust, clients are more likely to engage actively in the coaching process, implement recommended strategies, and make meaningful progress toward their goals.
It is important to note that individual preferences and circumstances may vary, and different clients may place different emphasis on various factors in their coaching experience. However, overall, a trusting relationship with the coach plays a crucial role in clients' reported satisfaction and self-improvement.
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A simple machine has efficiency 90%.What does it mean?No machine has 100%efficiency,Why?
Answer with explanation:
1) it means tht the machine can do it's work in a 90% in a good way
2) no machine is free from the effects of gravity, and even with wonderful lubrication the energy a machine produces is always less than the work put into it that's why 100% efficency isnt possible in machines.
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Potlatch Corporation has issued various types of bonds such as term bonds, income bonds, and debentures. Differentiate between term bonds, mortgage bonds, debenture bonds, income bonds, callable bonds, registered bonds, bearer or coupon bonds, convertible bonds, commodity-backed bonds, and deep discount bonds.
Answer:
Term bonds - Term bonds refer to bonds with the same maturity date and on that date their face value must be repaid.
Mortgage Bonds - this is a bond that is backed up by real estate as collateral thus giving the holder of these bonds a claim on said real estate.
Debenture bonds - These types of bonds/ debt instruments are not secured by any collateral.
Income bonds - The coupon payments on such bonds are contingent on whether the company makes enough income to pay them in a given period.
Callable bond - These types of bonds are redeemable before the maturity date by the issuer.
Registered bonds - The bondholder's referent information is held by the issuer the main purpose of which is to ensure that payments are going to the right address.
Bearer or coupon bonds - These types of bonds can be transferred from one owner to another as the bond is not recorded in the holder's name.
Convertible bonds - These bonds are convertible into shares in the issuing company.
Commodity-backed bonds - Such bonds are valued based on the value of a certain asset that will be specified in the agreement.
Deep discount bonds - This kind of bond is sold at 80% or less than its face value.