One measurement tool used to analyze an oligopolistic structure is the Herfindahl-Hirschman Index (HHI).
What does Oligopolistic mean?
The term "oligopolistic" refers to a market structure in which a small number of firms dominate the market and other firms face significant barriers to entry. To maximize their profits, these firms frequently collude and set market prices and production levels.
Why do oligopolies exist?
Because of entry barriers in certain industries, oligopolies exist. High start-up costs, government regulations, and the presence of strong existing firms can all be barriers. Oligopolies form as a result of economies of scale, which enable large firms to produce products at a lower cost than smaller firms. Finally, oligopolies may exist as a result of network effects, which occur when one firm's product gains value as more customers use it.
This index measures the market concentration of an industry, with a higher score indicating a more oligopolistic structure. Oligopolies exist because they allow firms to maintain their market power and maximize their profits by colluding with other firms in the market and setting prices.
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when a company repurchases its own shares of stock, what are the two acceptable accounting choices for the transaction?
The shares can be officially retired or they can be referred to as treasury shares, either of which are acceptable accounting options for the transaction.
Why do you use the term shares?Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual earnings in the form paid dividends. Stockholders of a company that doesn't pay dividends are not included in the distribution of profits.
Why do people purchase shares?People acquire and firm's capital as a way to get exposure to both the health and growth of the global economy as well as a specific firm. Interest will play a role in your choice of investing in stocks or trading on their price.
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for a number of years country a had inflation of 3 percent but for the last five years has had inflation of 6 percent. country b had inflation of 4 percent for many years, but very recently inflation unexpectedly rose to 9 percent. other things the same, in which of the countries would the higher inflation rate be more likely to reduce unemployment?
Country B but not country A, a rise in the cost of the products and services that households purchase is known as inflation.
How much is inflation currently?U.S. Labor Department data released on Nov. 10 show that the annual inflation rate for the United States is 7.7% for the 12 months ending in October 2022, down from 8.2% the previous year. The following inflation update will be made public on December 13 at 8:30 a.m. ET.
What's the source of inflation?According to monetarists, inflation results from too many money chasing too few goods. In other words, there is now too much money available. This theory holds that the value of money is governed by the law of supply and demand, just like the value of any other item on the market. Value declines as the supply expands.
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is the maximization of profit margin (profit as a percentage of total sales) a valid financial objective of a corporation? discuss.
I work for a company where the maximization of profit margin is not a legitimate financial goal because I can constantly raise prices and thereby profit margins without finally pricing myself out of the market (or reduce sales).
How Should Profit Margin Be Calculated?An indicator of profitability is the profit margin. Discovering the profit as a share of the income is used to compute it. Gross, operating, and net profit margins are the three different types of profit margins. The ratio of gross profit to net sales is known as the gross profit margin. By taking into account the expenses related to manufacturing and selling items, profit margin reflects the relative profitability of a company or commercial activity.
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how would you suggest a leader overcome resistance to a change that is going to cause some people to lose their jobs?
A leader can overcome resistance to a change by communicating early and often, by listening to employees and educating employees on the value of the change.
What do you mean by resistance to a change?Unwillingness to adjust to novel situations or methods of operation is referred to as resistance to change. It can occur with people, in relationships, or in workplace settings. Although there are various causes for resistance, the main one is dread of the unknown.
What does it mean to overcome change-related resistance?The dread of the unknown Getting through employees' concerns about what the change might entail is a common strategy for overcoming resistance to change. They can be concerned that the change will make their working life worse or result in their job loss.
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As firms simultaneously downsize and face the need for increased coordination across organizational boundaries, a control system based primarily on boundaries and constraints would be
Multiple Choice
a. effective.
b. dysfunctional.
c. recommended.
d. ideal.
Dysfunctional is the right answer choice.
This happens as a result of the organization's lack of coordination and control over its personnel. This might simultaneously result in the organization's workforce being reduced.
A dysfunctional family is one in which there is constant conflict, poor conduct, frequent child neglect or abuse, and occasionally even all of the above on the part of individual parents, prompting other family members to put up with such behavior.
The main cause of dysfunctional families is usually two people, one of whom is usually outwardly abusive and the other is codependent. Substance abuse, other types of addiction, and occasionally untreated mental illness may also have an impact. Parents who grew up in an unhappy household may overcorrect or act like their own parents. When one parent abuses or neglects their children, the other parent may follow suit.
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which one of the following is not generally a determinant of the reorder point? a. rate of demand b. length of lead time c. lead time variability d. stockout risk e. item purchase cost
Item purchase cost Is not generally a determinant of the reorder point. Option E
What is the Item purchase cost?Generally, The term "Purchase Cost" refers to the entire amount paid for the item(s) or service(s) ordered, which includes all applicable taxes, shipping expenses, and other fees, as well as any potential additional charges.
Delivering inventory in its present position and value results in the acquisition of buy expenses, which include both the value of the transaction and the overhead expenditures associated with it. 1 Money spent on purchases and money spent on travel and food 1
Calculating the purchase price is as simple as multiplying the "unit cost" by the "number of units." To put it another way, there are no bulk discounts available. In addition, the per-unit price stays the same during the course of the year. Order Cost is a kind of fixed overhead cost, and it does not change during the course of the year.
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which of the following statements is true of corporate advertising? multiple choice it usually brings a significant return on investment. it is typically used to generate greater sales of a particular product. it is usually used to promote a service as opposed to a product. it portrays the image that a firm is in trouble. it generates high levels of interest among consumers.
It is usually used to promote a service as opposed to a product, is the statement that best describe the true statement of corporate advertising.
What is the corporate advertising?Corporate advertising is generally understood to refer to paid communications disseminated through various media channels and intended to affect consumers' opinions of a company and its goods, as well as their intentions to buy those goods.
The phrase that best captures the essence of corporate advertising is that it is typically used to market a service as opposed to a product.
Therefore, option C is correct.
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Suppose you invest equal amounts in a portfolio with an expected return of 16 percent and a standard deviation of
returns of 18 percent and a risk-free asset with an interest rate of 4 percent. Calculate the expected return on the
resulting portfolio.
10 percent is the expected return on the resulting portfolio.
How do you calculate the expected return?The expected rate of return is calculated by dividing the expected rate of return for each asset by the weight of that item in the portfolio. The findings are then added together. As a formula, we obtain:
ERR = R1 x W1 + R2 x W2
Expected return
= 0.5(16) + 0.5(4)
= 8 + 2
= 10%.
What is meant by expected return?The amount of profit or loss an investor might expect to experience as a result of an investment is known as the expected return. When calculating an expected return, potential outcomes are multiplied by the likelihood that they will occur before being added together. Return expectations cannot be guaranteed.
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Write a paragraph about the steps taken in the amendment process.
To amend the Constitution, the two procedures of proposal and ratification are required.
What steps comprise the amendment procedure?Congress and the states can both engage in the proposal phase, but the states are solely responsible for securing ratification, in accordance with the government policies. Once a state has ratified an amendment, it cannot go back on that decision. Two-thirds of the members of each house of Congress and the state legislatures must vote in favor of calling a national convention.
The proposed amendment process is accepted when the legislatures of 3/4 (38) of the states represented at the conventions and those 3/4 (38) states agree. It establishes a mechanism that would make it challenging to modify the Constitution, which would make it less irrevocable and more akin to statute law.
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your economics professor offers 10 points extra credit if you attend a review session before your next exam. this extra credit is an example of
An incentive to attend the review session would be this extra credit. your economics professor offers 10 points extra credit if you attend a review session before your next exam
Which of the following is an illustration of an economic statement that is favorable?Using a positive economic statement as an example: "Healthcare given by the government raises public spending." There is no value judgment associated to this factual statement.
Why do economic concerns and problems exist in general?The economic challenge, or the challenge of making the best use of finite or restricted resources, affects all cultures. Although humans have limitless needs and wants, there is an economic difficulty because there are only so many resources that can be used to fulfill those needs and wants.
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what moves the ii / xx lines? part 2 a. expenditure changing policies. b. a change in prices with foreign prices constant. c. expenditure switching policies. d. all can move the ii and xx lines.
Expenditure changing policies moves the ii / xx lines. The goal of expenditure-changing policy, which can take the shape of fiscal or monetary policy, is to equalise domestic consumption or absorption and production by influencing income and employment.
Expenditure measures aim to reduce aggregate demand and real earnings, which will reduce the demand for imports. For instance, increased direct taxes, lower government spending, or higher interest rates for monetary policy. Spending-cutting measures try to lower economic demand so that consumers spend less on imports. Spending-production strategies seek to shift consumer spending from imported items to domestic goods. Spending can be reduced or switched to reduce the growth of the money supply in an economy.
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from 2009 to 2011, the economies of australia and switzerland suffered relatively mild effects from the global financial crisis. at the same time, many countries in the euro area were hit hard with high unemployment and burdened with unsustainably high government debts. how should this affect the euro/swiss franc and euro/australian dollar exchange rates? a. exchange rates will not change because the eu and the countries under discussion have fixed exchange rates. b. the currencies will depreciate relative to the euro because demand for the swiss franc and australian dollar will rise. c. the currencies will appreciate against the euro because the demand for euro-denominated assets will decrease. d. the answer is uncertain as other factors may influence the exchange rates of these currencies.
The Financial Crisis of 2008–2009 in Numbers
8.8 million jobs were lost, the unemployment rate reached 10% by October 2009, and there were 8.8 million foreclosed homes.
6. Household wealth lost $19.2 trillion4.
Why do financial crises occur?Systemic breakdowns, unexpected or uncontrollable human behavior, incentives to take on too much risk, regulatory absence or failures, or contagions that amount to a virus-like spread of issues from one institution or country to the next are all contributing reasons to a financial crisis.
True or false: As the value of the dollar declines, foreign items become more expensive for Americans to buy.Domestic consumers and visitors will purchase more as the value of the US dollar declines since domestic items will be more affordable and imported goods will be more expensive.
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The right answer is C. Because there will be less demand for assets denominated in euros, currencies will appreciate versus the common currency.
What factors lead to unemployment?There are numerous factors that originate from both the supplier side, or the worker, and the supply curve, or the employer, that contribute to unemployment. High interest rates, the world economy being in a recession, and the financial crisis might all affect demand. Layoff and structural employment are supply line contributors.
What are some unemployment solutions?To lower unemployment, industrial activity must be decentralized. The number of employment prospects in underdeveloped areas will decrease if industrial operations are concentrated in one location. Therefore, the government should implement such measures that support the decentralization of economic activity.
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what role do transfers between countries have in preventing climate change. who pays this money and who do they pay it to?
According to the transfer between countries in the prevention of climate change, those who pay the money are the developed countries, with a green climate fund established as a financial mechanism to distribute the money
Transfers between countries for the prevention of climate changeIt is a United Nations conference on Environment and Development, which was applied mainly in Rio de Janeiro in 1992, through international consensus when addressing the problem of climate change. It was initially signed by 166 countries and finally entered into force on March 21, 1994. Currently, it has been ratified by 197 countries.
The main objective of this agreement is to intensify actions to curb climate change and propose a sustainable future with lower carbon emissions.
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when prices of outputs in an economy become sufficiently high causing production to exceed potential gdp, the resulting:
The hyper-intense production that results when output prices in an economy rise to a point where they exceed potential GDP is ultimately unsustainable.
The potential gross domestic product (GDP) is a measure of the economy's sustainable output in which the intensity of resource use has no effect on inflationary pressure. Although there are many ways to estimate the economy's productive potential, some of them solely use statistical techniques.
The economic theory behind this is that if output prices were high enough, producers would exert ferocious effort to produce: all employees would work double overtime, and all machines would run round-the-clock.
Such high production would go beyond completely utilizing available labor and physical capital resources and instead use them in a way that is not long-term sustainable. Therefore, while only in the short term, it is conceivable for output to outpace potential GDP.
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Which of the following best defines an interpersonal relationship in which one individual (or group) has the ability to cause another individual (or group) to take an action that would not be taken otherwise?Group of answer choicesAttitudeExpertiseType: MCLeadershipPowerMotivation
A power is best defined as an interpersonal relationship in which one individual (or group) has the ability to cause another individual (or group) to take an action that would not be taken otherwise. The Option D is correct.
What does power mean?In social science, power refers to the social production of an effect that determines the capacities, actions, beliefs or conduct of actors. It does not exclusively refer to the threat or use of force (coercion) by one actor against another, but may also be exerted through diffuse means (such as institutions).
A power take structural forms, as it orders actors in relation to one another (such as distinguishing between a master and a slave) and discursive forms, as categories and language may lend legitimacy to some behaviors and groups over others.
An authority is often used for power that is perceived as legitimate or socially approved by the social structure. A power can also be seen as good and as something inherited or given for exercising humanistic objectives that will help, move and empower others as well.
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Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that______ at the optimal quantity for each firm. Furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium is________ the minimum average total cost.
Prices and production methods are completely under the control of monopolistic competition. The government's backing causes the frequency.
What distinguishes the short-run from the long-run in a market with monopolistic competition?In a monopolistically competitive market, the difference between the short and long runs is that new firms can enter the market in the long runs, which is particularly plausible if firms are making positive economic profits in the short runs. In the long run, new businesses will be drawn to these profit prospects and decide to enter the market. In contrast to a monopolistic market, a monopolistically competitive market lacks entry barriers, making it relatively simple for new enterprises to enter the market in the long run.
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selling over the phone is no longer a common practice among sport ticket sales teams. group of answer choices true false
Selling over the phone is no longer a common practice among sport ticket sales teams is a true statement.
The lifeblood of almost any professional team is ticket sales. Not only did ticket sales bring in money, but the outward sales teams tasked with doing it also helped sports companies build client connections and disseminate promotional materials and messaging.
It is true that sports ticket sales personnel no now frequently sell tickets over the cellphone. This was to make sure that the data that was then given to the personnel was to be made available to a person with the help of a call.
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Brew-at-home is entering a foreign market and is spending significant funds on educating customers about the benefits of making beer at home with its beer-making system. The cost the company is spending on education is a type of __________ cost.
The cost the company is spending on education is a type of Pioneering cost.
What are the expenses of progressing?Investment costs Pioneering expenses happen when a company must spend a lot of time, money, and effort learning the game since the international business system is so different from the native market.
What does the Pioneer method entail?A pioneer strategy necessitates additional funding and R&D assets. A follower strategy suggests strong marketing and production capabilities. This is crucial when allocating finite resources. The understanding of internal resources and competencies forms the first pillar of strategic analysis.
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• why is 3m so vulnerable to fluctuations in exchange rates? what long term strategies could 3m pursue to minimize its exchange rate exposure?
Financial hedging is one of them.By borrowing from the money market, 3M will be able to hedge its exposure.Forward contracts can also be bought by the business.This will save it from experiencing money variance.
What are the three most prevalent ways to manage exchange rate risk?
Transaction risk, economic risk, and translation risk are the three kinds of foreign exchange risk.
Which 3M strategy is it?
We at 3M have developed an ambitious long-term sustainability strategy.Our intention is to address issues where we can have the greatest impact by applying our enthusiasm and scientific method.issues that are essential to the sustainability of our planet and its inhabitants.
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an export is a good or service: sold to a domestic buyer. purchased from a foreign seller. purchased from a domestic seller. sold to a foreign buyer.
d). sold to a foreign buyer
What is export?
China, the United States, Germany, the Netherlands, and Japan were the top five exporting nations in terms of dollars in 2019, according to research firm Statista.
China reported exports of goods totaling about $2.5 trillion, mainly machinery and electronic equipment. The majority of the $1.6 trillion in exports from the US were capital goods. made up the majority of Japan's exports, which totaled about $705 billion, as well as Germany's, which totaled about $1.5 trillion.
In the twenty-first century, there has been a significant increase in demand for Kentucky bourbon and American bourbon in general on the international market.
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after a nationwide spike in gun-related violent crime, a corporation decides to discontinue gun sales in its retail stores, even though this will probably hurt the company's sales in the next quarter. according to stakeholder theory, did the corporation fulfill its duty?
Stakeholder theory posits that companies have a responsibility to protect public interests, such as reducing the number of guns in their communities, so it is true that they are doing their duty.
What is Stakeholder Theory?Stakeholder theory is a capitalist view that emphasizes the interrelationships between a company and its customers, suppliers, employees, investors, communities, and others involved in the organization.As an example of how the stakeholder theory works, consider a car company that recently went public. Of course, shareholders want the stock price to rise, and the company strives to keep those shareholders happy because they invested money in the company.Why is stakeholder theory better than shareholder theory?Stakeholders include everything from shareholders, creditors and bondholders to employees, customers, suppliers and governments. The main difference between the two is that shareholders focus on return on investment. Stakeholders care more about company performance
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11.15 An injection molding system has a first cost of $180,000, and an annual operating cost of $84,000 in years 1 and 2, increasing by $5000 per year thereafter. The salvage value of the system is 25% of the first cost regardless of when the system is retired within its maximum useful life of 5 years. Using a MARR of 15% per year, determine the ESL and the respective AW value of the system (a) by hand solution, and (b) via spreadsheet that graphs the total AW and its components.
An injection molding system has a first cost of $180,000, and an annual operating cost of $84,000 in years 1 and 2, increasing by $5000 per year thereafter:= $−246,000.
Operating expenses are operating expenses incurred in the course of a business's day-to-day activities. Operating expenses include both cost of goods sold (COGS) and other operating expenses, often referred to as selling, general, and administrative (SG&A) expenses.
Running value is calculated with the aid of the price of products bought + operating fees. operating charges encompass Administrative and workplace costs like hiring, salaries, the body of workers, coverage, administrators fees, and so on. promoting and distribution costs like a commercial, and salaries of salesmen.
a) Determine the ESL and the respective AW value of the system by hand solution:
\begin{align*} \text{AW}_1&=-180{,}000(A/P, 15\%, 1)-84{,}000+45{,}000(A/F, 15\%, 1)\\[7pt] &=-180{,}000(1.1500)-84{,}000+45{,}000(1.0000)\\[7pt] &= \boxed{\$-246{,}000}\\ \end{align*}
AW 1
=−180,000(A/P,15%,1)−84,000+45,000(A/F,15%,1)
=−180,000(1.1500)−84,000+45,000(1.0000)
= $−246,000.
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which of the following would be the most effective way to control your expenses? a. buy lower quality, cheaper products b. use credit cards instead of cash c. lease a car instead of purchasing a new one d. cook for yourself
Which of the following would be the most effective way to control your expenses?
Answer is: d) cook for yourself
The most agreeable and simple approach to adjust a budget to make room for a new sofa is to cook evenings instead of eating out. An estimate of income and expenses for a specific time period is the simplest definition of a budget.
Finally, cooking dinners at home rather than dining out helps you adjust your budget. She is a strong, independent woman who enjoys spending time with her family after finishing her workday at the office. She must be skilled at handling and managing a work-life balance.
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a corporation issued 140 shares of its $5 par value common stock in payment of a $2,200 charge from its accountant for assistance in filing its charter with the state. the entry to record this transaction will include:
The entry to record this transaction will include a $2,200 credit to common stock.
Common stock alludes to the shares of proprietorship interest in a U.S. corporation. The proprietors of the common stock are alluded to as common stockholders, common shareholders, or basically as stockholders or shareholders. [A relatively couple of corporations issue favored stock in addition to its common stock.]
Generally, the holders of common stock:
Choose the corporation's board of chiefsVote on consolidationsParticipate in increases and decreases in the market value of the shares of common stockGet cash profits as the corporation's earnings and cash needs licenseto know more about stockholders click here:
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Because services are __________, it is often difficult for marketers to convey the benefits to consumers.
Heterogeneity refers to variability in the service's quality.
What are the sorts of first-class of service?The 5 carrier fantastic dimensions are tangibility, reliability, responsiveness, assurance, and empathy
What is supposed pleasant service?Service nice is the measure of how well the provider furnished meets the customer's expectations. Learn about the definition of provider first-rate and its dimensions, such as tangibles, reliability, responsiveness, assurance, and empathy.
Example: being well mannered and displaying respect for customer. Empathy: Ability to be approachable. Example: being a desirable listener. Tangibles: Physical facilities and facilitating goods.
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https://brainly.com/question/28346508#SPJ4robinson crusoe divides his time between catching fish and gathering fruit. part of his production possibilities frontier is given in table 1. mr. crusoe, while lonesome, is efficient and always stays on his ppf. mr. crusoe is consuming 20 pounds of fish. then he decides to slowly become a vegetarian and decrease his consumption of fish to 9 pounds. this decision means that mr. crusoe will a) incur an opportunity cost of 9 pounds of fruit. b) incur an opportunity cost of 20 pounds of fish. c) be able to enjoy a gain of 9 pounds of fruit. d)incur an opportunity cost of 9 pounds of fish.
This decision means that Mr. Crusoe will incur an opportunity cost of 9 pounds of fruit.
Cost is generally the monetary value of goods and services purchased by producers and consumers. In a basic economic sense, the cost is a measure of the alternative choices we give up in choosing one good or activity over another.
The two basic costs that businesses incur are fixed and variable costs. Fixed costs do not change with performance, while variable costs do. Fixed costs are sometimes called overhead costs. It happens whether the company produces 100 products or 1,000 products.
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which of the following changes the short-run aggregate supply and shifts the sras curve? (i) a change in the price of a major input (ii) increases in the amount of capital (iii) a change in the income of consumers
The short-run aggregate supply curve moves to SRAS 2 as a result of the rise in labor costs.P 2 is the price level, and Y 2 is the real GDP level.
What causes the short-run aggregate supply sras curve to change?The cost of labor, or wages, and the cost of imported goods that are used as inputs for other products are two additional key inputs that may shift the SRAS curve in addition to energy prices.
What causes the SRAS curve to deviate to the left?Expansions in the value of such data sources will cause the SRAS bend to move to one side, and that really intends that at each given cost level for yields, a more exorbitant cost for sources of info will deter creation since it will diminish the opportunities for procuring benefits.
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closed-end mutual funds can trade at either a discount or a premium to their net asset values (navs).
Closed-end mutual funds can trade at either a discount or a premium to their net asset values (navs). This statement is a true statement.
Can closed-end mutual funds be traded?The closed-end funds are listed on a stock exchange when the money is raised, allowing its units to be traded just like any other stock on the board. Investors can redeem their units when the closed-end mutual fund scheme has ended and the fixed-duration period has passed.
Why do closed-end funds trade at a premium or a discount to their net asset value?The market will set the price of the units because closed-end funds are traded on a public exchange. Due to this, the price may occasionally trade at a premium or a discount to the NAV as indicated. The share price and NAV ought to converge in the longer run.
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true or false? objectives typically have a designated time period, while key results can be long lived. true false
objectives typically have a designated time period, while key results can be long lived. given statement is false.
What is a "Key Result"?An objective-achieving key result is a quantifiable result that is necessary. It includes a metric with a starting and ending value. In the same way that a signpost indicates how close you are to your objective, Key Results track progress towards the goal. Meaningful change, advancement, and expansion are represented by effective OKRs. Our top priority for the following 30 to 90 days are those. Meaningful, bold, and inspirational objectives are what make goals effective. Effective Key Results are measurable and verifiable, aggressive and time-bound, and specific.
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when the annuity contract has been fully surrendered, how will the surrender charges affect the final contract settlement
The final contract settlement will be lessened if an annuity contract has been entirely surrendered.
What is the definition of "annuity contract surrender"?You can exchange all or a portion of your annuity when you surrender it for its cash value prior to the end of the annuity contract period. Or, to put it another way, you lose your annuity if you take early withdrawals. There is a price you must pay for this.
When an annuity is given up, what happens?You will at the absolute least need to pay income taxes on the taxable amount you get when you surrender an annuity. The year that you actually get the funds is when these are due. In addition to your standard income tax, you may also owe the IRS other taxes.
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