Acustomer buys a $1,000 par reverse convertible note with a 1 year maturity and a 6% coupon rate. at the time of purchase, the reference stock is trading at $50 and the knock-in price is set at $40. if, at maturity, the reference stock is trading at $25, the customer will receive:

As the knock-in was reach, it will receive the original investment plus the coupon yield: 1,060

Explanation:

At maturity

Because the knock-in was achieved, the customer can pick to recieve stock or cash

when the contract was made, the stock price was 50 so 1,000 are equivalent to:

1,000 / 50 = 20 shares

we multiply this by the market price.

20 x 25 = 500

between 500 in stocks and 1,000 in cash it will prefer 1,000

Then, the interest will be:

1,000 x 6% = 60

employees use applications that are uniformed so that they are able to look over them more quickly because the do not want to spend a long time reading through the applications so they get all the infomation that the are looking for on the application they made so the do not have to read about unnessacary infomaton. so to make it simple it them find the person that they want to hirer faster with out wasting time.

i hope this i spelt things wrong i believe but this is why

mark me brainliest.

this website has me so much feel free to keep asking questions

answer; rapid growth in buyer demand and high buyer switching cost;