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One of the most important issues discussed in the collective bargaining process is seniority. It is one of those components of the workplace that seems to impact every worker, whether they are in the union or not. The amount of time that someone spends in a position seems to entitle them to certain privileges not given to less senior workers. The seniority clause is the goal or even the hope of the future for many workers because if they stay longer in the job, they presumably know more about the work itself and become more valuable members of the organization. That equals job security. Think of yourself as a union member today. Specifically, describe the technical, demographic, and management practices that might cause you to be especially concerned about the seniority clause in your current contract.
A bond has a coupon rate of 15%, a yield to maturity of 10.55%, and a market price of $850. Therefore, the annual interest payment is: a.) $850 b.) $150 c.) $105.50. d.) $120.0
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