The correct option is commercial banks, which create money through the money creation process of lending and purchasing government bonds.
The entity that creates money by making loans and purchasing government bonds is commercial banks. Commercial banks are financial institutions that accept deposits from individuals and businesses and use those funds to make loans to borrowers. When banks make loans, they create new money by adding the loan amount to the borrower's account. This is known as the money creation process. Additionally, commercial banks can purchase government bonds, which are debt securities issued by the government to finance its spending. When a bank buys a government bond, it creates money by crediting the government's account with the bank. The government can then use this money to finance its activities. Nonprofit organizations, individual banks, and government agencies do not have the power to create money through loans or bond purchases. While government agencies can issue bonds to finance their operations, they do not have the ability to create new money through this process.
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Consider this list (below) of statements describing steps involved in protein synthesis, this one for translation. Note that the statements are out of order. Look at the statements and then place them in the proper order, USING ONLY THE NUMBERS corresponding to each statement. (Do not write out the statements -- it is a waste of time, and will unfortunately result in 0 points) 3pts 1. the initiator mRNA codon enters the ribosome 2. an other anti-codon arrives at the ribosome. 3. yet more peptide bonds form 4. the ribosome is fully formed 5. two amino acids bond together 6. the first tRNA molecule arrives at the ribosome
To properly order the statements describing the steps involved in protein synthesis for translation, we need to consider the sequence of events.
First, the initiator mRNA codon enters the ribosome, followed by the arrival of the first tRNA molecule at the ribosome. Then, another anti-codon arrives at the ribosome, and two amino acids bond together with the formation of peptide bonds.
This process continues as more peptide bonds form, and finally, the ribosome is fully formed. By following this sequence, we can ensure that the proper order of events is maintained during translation. Overall, this process is essential for creating proteins, which play a vital role in the functioning of our cells and bodily processes.
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penelope stevens is getting a loan to buy a used car. the bank wants to know the trade-in value of the car she is purchasing. which of the 5 cs of credit is the bank examining?
The bank is examining the collateral aspect of the 5 Cs of credit in this situation. Collateral refers to the assets that a borrower pledges as security for a loan.
In this case, the car that Penelope Stevens is purchasing is the collateral for the loan.
The bank wants to know the trade-in value of the car because it needs to determine how much it can lend to Penelope based on the value of the collateral.
If the car has a high trade-in value, the bank may be willing to lend more money because it knows that it can recover its investment if Penelope defaults on the loan.
On the other hand, if the car has a low trade-in value, the bank may be more cautious about lending money to Penelope because it knows that it may not be able to recover its investment
if Penelope defaults on the loan. Therefore, the bank is examining the collateral aspect of the 5 Cs of credit in this situation.
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what is the average coupon rate (interest paid) and the average effective rate (interest expense) on cvs' long-term debt
Based on the financial statements of CVS Health Corporation, as of December 31, 2020, the average coupon rate (interest paid) on the company's long-term debt was approximately 4.19%.
Meanwhile, the average effective rate (interest expense) on the long-term debt was approximately 4.32%. These figures can be found in the company's annual report and are subject to change over time.To provide specific values for CVS's average coupon rate and average effective interest rate, you will need to access their financial statements and perform these calculations.
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To assess the impact on the NAV of both funds due to the increase in AT&T stock price to $53.25 and the decline in Toro stock price to $89.292, follow these steps:
Determine the number of shares and initial prices of AT&T and Toro stocks in each fund. Calculate the initial value of each fund by multiplying the number of shares by their respective prices.
Update the prices of the stocks in each fund with the new values ($53.25 for AT&T and $89.292 for Toro). Calculate the new value of each fund by multiplying the updated stock prices by the number of shares.
Determine the new NAV for each fund by dividing the new value by the number of outstanding fund shares.Compare the initial and new NAVs to see the impact on both funds.Remember to use the specific details of your funds to complete these calculations.
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What is predatory pricing?
Predatory pricing is a strategy used by businesses to gain market share by undercutting competitors' prices, often with the intent of driving them out of business.
The practice is typically illegal and anticompetitive, as it ultimately harms both consumers and competition in the long run.
The goal of predatory pricing is to establish a monopoly, which allows the business to raise prices once competitors are eliminated.
This can result in reduced choices and higher prices for consumers, as well as a less competitive market overall. Governments often intervene to prevent predatory pricing and protect competition.
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a total of $46,000 is invested in two municipal bonds that pay 6.25% and 6.75% simple interest. the investor wants an annual interest income of $2985 from the investments. what amount should be invested in the 6.25% bond?
Let x be the amount invested in the 6.25% bond. Then, the amount invested in the 6.75% bond is (46000 - x). We can set up an equation based on the given information:
0.0625x + 0.0675(46000 - x) = 2985
Simplifying and solving for x:
0.0625x + 3105 - 0.0675x = 2985
-0.005x = -120
x = 24000
Therefore, $24,000 should be invested in the 6.25% bond to earn an annual interest income of $2985.
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list four different populations who qualify for medicaid
1. Low Income Individuals: Individuals who are living at or below the poverty line, as determined by the federal government, may qualify for Medicaid. This is based on their income, family size, and other factors.
2. Pregnant Women: Women who are pregnant and meet the income requirements may be eligible for Medicaid. This coverage typically extends from the beginning of the pregnancy through the postpartum period.
3. Disabled Individuals: Individuals who are disabled and meet the income requirements may qualify for Medicaid. This coverage typically includes medical services, personal care, and other services that are necessary for the individual's healthcare.
4. Children: Children who meet the income requirements may qualify for Medicaid. This coverage typically includes preventive care, doctor visits, hospital stays, prescription drugs, and other services that are necessary for the child's healthcare.
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Rodriguez, an attorney, is planning to file a class action lawsuit on behalf of 500 people against two corporations: cheatco, a company that sold an allegedly defective bicycle to the 500 customers, and failco, a company that allegedly provided defective metal to make the frames of the bicycles. all 500 people suffered similar head injuries as a result of the alleged defects. rodriguez is alleging the injuries were caused by both cheatco and failco. which of the following is true of this planned class action?
a. It is a valid class action because it has a group of people with a similar type of injury b. It is a valid mass tort action It is an invalid mass tort action because it does not involve less than ten injured customers. c. It is an invalid Class action because the injuries are alleged to have been caused by more than one defendant,
The statement which is valid is a. It is a valid class action because it has a group of people with a similar type of injury.
In a class action lawsuit, a group of people with similar claims or injuries can sue a defendant or multiple defendants together. In this case, all 500 customers suffered similar head injuries due to the alleged defects in the bicycles, making it a valid class action lawsuit.
A class action is a legal proceeding in which one or more plaintiffs bring a lawsuit on behalf of a larger group, known as the class. Any proceeds from a class-action suit after legal fees, whether through a judgment or a settlement, are shared among all members of the class.
A class action refers to a legal course where the plaintiff brings forward a lawsuit for the benefit of a larger group of affected people.This group, or class, must attest that they were affected by the defendant's actions, but only the lead plaintiff will try the case in court.Class actions are often the only way for individuals to pursue their claims as it lowers the cost of the legal pursuit.If the plaintiff wins, awards are paid out among members of the class, though not necessarily in equal amounts.Learn more about class action lawsuit here: https://brainly.com/question/14895656
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The sales budget must be prepared after every other component of the operating budget. True or False.
The given statement is false because the sales budget is actually one of the first components to be prepared in the operating budget.
All other components of the operating budget rely on the sales forecast in order to be accurate. The sales budget outlines the expected sales revenue for the upcoming period, which then allows the company to create budgets for production, purchasing, and other expenses. The sales budget also helps to determine the level of staffing and resources needed to meet the demand for the company's products or services.
Once the sales budget is prepared, the other components of the operating budget, such as the production budget and the expense budget, can be developed. These budgets rely heavily on the sales budget as they are determined by the level of sales and revenue forecasted.
In summary, the sales budget is a critical component of the operating budget and must be prepared before any other component can be developed.
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Companies go global for three possible motives. Describe each of these three motives and the possible strategies available to companies under each motive.
Companies go global for three main motives: market seeking, resource seeking, and efficiency seeking. Market seeking refers to companies looking to expand their customer base and increase their sales revenue.
In this case, companies can employ strategies such as product adaptation, where they tailor their products to suit local markets, or direct investment, where they establish local subsidiaries to distribute their products. Resource seeking refers to companies seeking to access natural resources or cheaper labor in foreign markets.
They can employ strategies such as joint ventures or mergers and acquisitions to gain access to these resources. Efficiency seeking refers to companies seeking to increase their efficiency and reduce costs by taking advantage of differences in labor, technology, or capital costs. Companies can employ strategies such as outsourcing or relocating their production to lower-cost countries to achieve this.
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(assuming fertilizer costs $8 per kg, calculate the total cost of fertilizer per hectare for each watershed and record your results in the table. divide the cost per hectare by the sugar cane yield per hectare to get the cost of fertilizer per ton of cane).
The cost of fertilizer per ton of cane would be $800/50 tons = $16 per ton of cane.
To calculate the total cost of fertilizer per hectare, we need to know the amount of fertilizer used per hectare. Let's assume that we use 100 kg of fertilizer per hectare.
Therefore, the total cost of fertilizer per hectare would be $8 x 100 kg = $800 per hectare.
To get the cost of fertilizer per ton of cane, we need to divide the cost per hectare by the sugar cane yield per hectare. Let's assume that the sugar cane yield per hectare is 50 tons.
So, the cost of fertilizer per ton of cane would be $800/50 tons = $16 per ton of cane.
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if speedy travel, incorporated borrows $50 million on september 1 for one year at 9% interest, how much interest expense should it record by december 31 of that same year?
Speedy Travel, Incorporated should record an interest expense of $1,125,000 by Dec 31 of that same year. This is calculated by multiplying the borrowed amount of $50 million by the interest rate of 9% and dividing by 12 months in a year, which equals $3,750,000 in interest for 4 months. Therefore, the interest expense for three months would be $1,125,000.
To calculate the interest expense for Speedy Travel, Incorporated, follow these steps:
1. Determine the principal amount: $50 million
2. Determine the interest rate: 9% per year
3. Calculate the time period: September 1 to December 31 is 4 months (1/3 of a year)
4. Calculate the interest expense: Principal x Interest Rate x Time
Using these steps, here's the calculation:
Interest Expense = $50 million x 9% x (4 months / 12 months)
Interest Expense = $50 million x 0.09 x (1/3)
Interest Expense = $1.5 million
Speedy Travel, Incorporated should record an interest expense of $1.5 million by December 31 of that same year.
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the cvs example demonstrates that there are practical and easy starting points for driving sustainability in the supply chain.
T
F
The given statement "the CVS example does demonstrate that there are practical and easy starting points for driving sustainability in the supply chain" is true because CVS has implemented several sustainability initiatives in its supply chain, such as reducing packaging waste, increasing energy efficiency, and sourcing more sustainable materials.
These initiatives not only benefit the environment but also contribute to cost savings for the company. Therefore, it is possible for companies to take steps towards sustainability in their supply chains without sacrificing profitability. Companies can begin by identifying key areas for improvement, such as reducing waste, increasing energy efficiency, and promoting responsible sourcing. By taking these initial steps, businesses can make a positive impact on their supply chain's sustainability, leading to long-term benefits for both the environment and their bottom line.
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Problem 10-9AB (Algo) Effective Interest: Amortization of bond premium LO P5
Ellis Company issues 6.5%, five-year bonds dated January 1, 2020, with a $460,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $469,812. The annual market rate is 6% on the issue date. Required:
1. Compute the total bond interest expense over the bonds' life.
2. Prepare an effective interest amortization table for the bonds' life. 3. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below.
Total bond interest expense over the bonds' life: Total bond interest expense = $170,771.10 . The Premium on Bonds Payable account is being reduced using the effective interest method.
The total bond interest expense can be calculated by subtracting the initial issue price from the sum of the bond's future cash flows discounted at the market rate:
Total bond interest expense = ($460,000 x 0.065 x 5) - $469,812 x 0.06 x[tex](1 + 0.06/2)^-2[/tex] + $460,000 x[tex](1 + 0.06/2)^-2[/tex]
Total bond interest expense = $170,771.10
Effective interest amortization table:
Date Beginning Carrying Value Interest Expense Amortization of Premium Ending Carrying Value
1/1/2020 $469,812.00 $469,812.00
6/30/2020 $471,034.32 $15,119.24 $860.08 $470,293.24
12/31/2020 $472,285.16 $15,119.24 $860.08 $471,534.32
6/30/2021 $473,556.72 $15,119.24 $860.08 $472,795.44
12/31/2021 $474,849.64 $15,119.24 $860.08 $474,056.56
6/30/2022 $476,164.47 $15,119.24 $860.08 $475,337.79
Journal entries to record the first two interest payments:
June 30, 2020:
Interest Expense 15,119.24
Premium on Bonds Payable 860.08
Cash 15,979.32
December 31, 2020:
Interest Expense 15,119.24
Premium on Bonds Payable 860.08
Cash 15,979.32
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cash budgets normally cover a one-year period and show projected cash inflows and outflows for each month.
true
false
The given statement is true as this enables companies to plan and manage their cash resources effectively.
A cash budget is a financial planning tool that helps businesses forecast their cash inflows and outflows over a specific period, which is usually one year, broken down into months. Cash Inflow portrays the pay that is all brought to your business through its exercises any system to carry benefits into the business. Cash Surge incorporates any obligations, liabilities, and working costs-any measure of assets leaving your business
Thus, "Cash budgets normally cover a one-year period and show projected cash inflows and outflows for each month".
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3. A stock price is currently $100. It is known that after 3 months it will either go up by 10% or down by 10%. The stock pays no dividends. The risk-free interest rate is 8% per annum with continuous compounding. (a) Find the premium of a 3-month European call with a strike price of $105 by using a one-period binomial tree. (b) Suppose you observe that in the market, a 3-month call with a strike price of $105 is worth $3.5. What arbitrage would you undertake?
We would sell the call option and buy the stock if the premium of the call option is greater.
(a) To construct a one-period binomial tree, we need to determine the up factor u and down factor d. From the information given, we know that after 3 months the stock price can either go up by 10% or down by 10%. Therefore,
u = 1 + 0.1 = 1.1
d = 1 - 0.1 = 0.9
We also know that the risk-free interest rate is 8% per annum with continuous compounding. Therefore, the risk-neutral probability of an up move is given by:
p =[tex](e^(rt) - d) / (u - d)[/tex]
where r = 0.08/4 (since we're dealing with a 3-month period), t = 0.25 (3 months in years)
p =[tex](e^(0.08/4 * 0.25) - 0.9)[/tex] / (1.1 - 0.9) = 0.5201
Now, we can use the one-period binomial tree to calculate the premium of a 3-month European call with a strike price of $105. Let C be the premium of the call option. We have:
C =[tex]e^(-rt) [pC(u) + (1-p)C(d)][/tex]
where C(u) and C(d) are the payoffs of the call option if the stock price goes up or down, respectively.
If the stock price goes up, the call option will be worth $5 (the difference between the stock price and the strike price). If the stock price goes down, the call option will be worthless (since it's out of the money). Therefore,
C(u) = $5
C(d) = $0
Plugging in the values, we get:
C = [tex]e^(-0.08/4 * 0.25) [0.5201*$5 + (1-0.5201)*$0][/tex] = $2.1632
Therefore, the premium of a 3-month European call with a strike price of $105 is $2.1632.
(b) If the market price of the 3-month call with a strike price of $105 is $3.5, and the premium we calculated in part (a) is only $2.1632, we can exploit this price difference to make a risk-free profit through arbitrage.
To do this, we would sell the overpriced call option and simultaneously buy an equivalent number of shares of the underlying stock (since the call option is in the money, we would exercise it immediately to buy the stock at the strike price of $105). We would then hold this portfolio until the expiration of the option.
If the stock price goes up by 10%, the call option would be worth $10. We would exercise the option to buy the stock at the strike price of $105 and sell it in the market for $110, making a profit of $5 per share. If the stock price goes down by 10%, the call option would be worthless, but we would still have the shares of stock which we could sell in the market for $90, losing $10 per share. However, since we bought the shares at $105, our net loss would be limited to $15 per share.
Overall, we have a 52.01% chance of making a profit of $5 per share and a 47.99% chance of losing $15 per share. The expected profit per share is:
0.5201*$5 - 0.4799*$15 = -$3.197.
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Question 1 Not yet answered Marked out of 8:30 P Flag question A couple is planning to finance their 5 year old daughter's college education. They established a college fund that earns 10%, compounded annually. What annual deposit must be made from the daughter's 5th birthday (now) to her 16th birthday to meet the future college expenses shown in the following table? Assume that today is her 5th birthday Birthday Deposit Withdrawal 5-16 с 0 17 0 18 $25,000 19 27,000 20 29,000 21 31,000 a. C$3,742
b c54,115
C. C-51.978
d. C-53.048
The correct answer is b. $54,115. To calculate the annual deposit needed to meet future college expenses.
We need to use the present value formula:
PV = FV / (1 + r)^n
Where PV is the present value (or the total amount of money needed to be saved), FV is the future value (or the total cost of college expenses), r is the annual interest rate (10% in this case), and n is the number of years.
From the table, we can see that the total cost of college expenses is:
$25,000 + $27,000 + $29,000 + $31,000 = $112,000
To find the present value, we need to discount the future value back to the present using the formula above. We know that the daughter is currently 5 years old and will start college at age 18, which means there are 13 years until the first withdrawal. Therefore:
PV = $112,000 / (1 + 0.1)^13 = $36,881.17
This is the total amount that needs to be saved by the couple. To find the annual deposit needed, we can use the annuity formula:
PMT = PV * (r / (1 - (1 + r)^-n))
Where PMT is the annual deposit needed, PV is the present value, r is the annual interest rate, and n is the number of years.
In this case, we want to find the annual deposit needed from the daughter's 5th birthday (now) to her 16th birthday. There are 11 years until the last deposit, so n = 11. Plugging in the values, we get:
PMT = $36,881.17 * (0.1 / (1 - (1 + 0.1)^-11)) = $5,411.47
Therefore, the couple needs to deposit $5,411.47 annually from their daughter's 5th birthday to her 16th birthday to meet future college expenses.
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Select the one which is not a characteristic of services.a. Services usually have the customer involved in the process.b. Does not exist prior to purchase.c. Ownership is transferred at the time of purchase.d. Intangible.
The option that is not a characteristic of services is c) ownership is transferred at the time of purchase. Services are intangible, meaning they cannot be touched or owned like physical products.
Additionally, services often require customer involvement in the process, as the customer is typically receiving the service. Unlike physical products, services do not exist prior to purchase, as they are often created and delivered inreal time. Therefore, the correct answer is c) ownership is not transferred at the time of purchase when it comes to services. Instead, the customer is paying for the service and the experience it provides.
Your answer: The option that is not a characteristic of services is c. Ownership is transferred at the time of purchase. Services are distinct from goods in various ways, including their intangible nature, customer involvement, and lack of prior existence. However, unlike tangible goods, services do not involve the transfer of ownership upon purchase, as they are typically consumed and experienced rather than owned.
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When an increase in demand for stand-up paddleboards rises, then the demand for skilled paddleboard shapers their marginal revenue product and falls; rises rises rises falls; falls Orises, falls
When there is an increase in demand for stand-up paddleboards, demand for skilled paddleboard shapers rises as manufacturers and retailers require more shapers to meet demand, their marginal revenue product also rises, reflecting increased value of labor in production process.
When an increase in demand for stand-up paddleboards occurs, it positively impacts skilled paddleboard shapers and their marginal revenue product. In this situation, the demand for skilled paddleboard shapers rises, and their marginal revenue product also rises.
The increased demand for stand-up paddleboards leads to a higher quantity of these products being sold in the market. As a result, manufacturers and retailers need more skilled paddleboard shapers to create and supply these boards to meet consumer demand. This increase in demand for skilled shapers pushes up their wages, as businesses are willing to pay more to attract and retain these workers.
Simultaneously, the marginal revenue product (MRP) of skilled paddleboard shapers rises. MRP represents the additional revenue generated by employing one more unit of a factor of production, in this case, the skilled paddleboard shaper. As demand for paddleboards increases, each shaper's contribution to the total revenue of the business becomes more valuable. With higher sales of paddleboards, the revenue generated by each shaper's work increases, leading to a rise in their MRP.
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the direct inputs to material requirements planning include all of the following except
The direct inputs to material requirements planning include all of the following:
Your options were not provided, so I'll give you a brief overview of the main inputs to material requirements planning (MRP). Typically, the primary inputs for MRP are:
1. Bill of Materials (BOM): This provides a detailed list of raw materials, components, and assemblies required to produce a finished product.
2. Master Production Schedule (MPS): This outlines the planned production activities, including quantities and timeframes.
3. Inventory Records: These records show the current inventory levels of raw materials, components, and finished goods.
A possible exception or an input not directly related to MRP could be:
1. Sales forecasts: Although sales forecasts influence the MPS, they are not a direct input to the MRP system. The MPS takes sales forecasts into account, but MRP primarily relies on the MPS, BOM, and inventory records to calculate material requirements.
So, the direct inputs to material requirements planning include all of the following except sales forecasts.
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when an employer has set aside more than sufficient pension funds to ensure that it can meet promised pension payments, the fund is said to be
overfunded. An overfunded pension fund has a surplus of assets that exceed the amount of the pension liability that the company owes to its employees.
In other words, the pension plan has more than enough funds to pay out the promised benefits to retirees. There are several reasons why a pension fund may become overfunded. One reason is that the pension plan's investments may have performed better than expected, resulting in higher returns on investment. Another reason is that the employer may have contributed more than the minimum required amount to the pension plan. When a pension fund is overfunded, the employer may be able to take a contribution holiday, reducing the amount of contributions it needs to make in the future.
Additionally, the employer may be able to use the excess funds for other purposes, such as paying down debt or investing in the business.
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food and clothing are examples of private goods, which an economist would categorize as______and______.
In economics, goods are classified based on their characteristics. Private goods are one such classification, and they refer to goods that are both rivalrous and excludable. This means that their consumption by one individual prevents another from consuming them, and they can only be enjoyed by those who have paid for them. Examples of private goods include food, clothing, and other consumer goods.
Food and clothing are examples of private goods, which an economist would categorize as both rivalrous and excludable. Rivalrous means that the consumption of these goods by one person diminishes the availability for others. For instance, if someone eats a sandwich, that sandwich is no longer available for someone else to eat. Similarly, if someone buys a shirt, it is no longer available for someone else to purchase. Excludable means that only those who have paid for these goods can access them. Food and clothing are typically only available to those who have purchased them or have been given access through some other means.
In conclusion, food and clothing are examples of private goods that are both rivalrous and excludable. This means that only those who have paid for them can access them, and once consumed, they are no longer available for others to enjoy. Understanding these characteristics of private goods is important in economics, as it helps in determining how these goods are produced, distributed, and consumed.
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what is the yield to maturity (ytm) of a semiannual corporate bond with 13 years to maturity, a coupon rate of 8% per year, a $1,000 par value, and a current market price of $1,150?
The yield to maturity (YTM) of the bond is 5.96%.
The yield to maturity (YTM) is the total return anticipated on a bond if it is held until it matures. To calculate the YTM of a semiannual corporate bond with 13 years to maturity, a coupon rate of 8% per year, a $1,000 par value, and a current market price of $1,150, we need to use a financial calculator or spreadsheet program.
Using a financial calculator, we can input the bond’s par value, coupon rate, years to maturity, and current market price to calculate the bond’s YTM. In this case, the YTM of the bond is 5.96%.
The YTM is an important metric for investors to consider when evaluating bonds because it represents the expected rate of return on the bond over its life. It takes into account the bond’s coupon rate, par value, and current market price, as well as the time to maturity, which all affect the bond’s overall return. By comparing the YTM of different bonds, investors can make informed decisions about which bonds to invest in based on their investment objectives and risk tolerance.
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a conventional loan could be: select one: a. fha insured b. va guaranteed c. hud originated d. none of the above
Option (d), "none of the above." A conventional loan is not FHA insured, VA guaranteed, or HUD originated.
However, it is important to note that conventional loans may still have their own requirements and guidelines set by the lender or investor providing the loan. It could be explained that a conventional loan is a type of mortgage that is not guaranteed or insured by the federal government. Instead, it is backed by private lenders and investors. This means that the borrower may be required to meet certain credit and income criteria in order to qualify for the loan. Additionally, the lender may require a larger down payment than what is needed for an FHA or VA loan. While conventional loans may not have the same government backing as FHA or VA loans, they can still be a good option for many borrowers, particularly those with good credit and financial stability.
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select the false statement on the five ethical approaches to decision making. review later the rights approach promotes concepts such as the right of privacy, the right to the truth, and the right to what is agreed. based on the justice approach, you should treat people differently to provide the greatest good for the greatest number. different ethical approaches to decision making might be in conflict with each other. based on the common good approach, individuals should take actions that positively impact society.
The false statement is "based on the justice approach, you should treat people differently to provide the greatest good for the greatest number."
This statement is incorrect because the justice approach emphasizes fairness and impartiality, and requires that individuals and groups be treated equally and without discrimination, even if it means that the overall outcome is less than optimal for some individuals.
The principle of treating people differently to maximize the overall benefit is actually more closely associated with the utilitarian approach to decision making.
Ethical decision making involves considering multiple ethical approaches and determining the most appropriate course of action in the context of the specific situation.
Each approach emphasizes different values and principles, and it is possible for these approaches to conflict with each other. It is important to consider the potential implications and consequences of each approach before making a decision.
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fill in the blank. assume that the mpc is 0.9 and the reserve requirement is 0.2. if the federal reserve needs to decrease aggregate demand by $100 billion at each price level to move the economy back to full employment and the current interest rate is 4 percent, then the federal reserve should____the money supply by____.
The federal reserve should sell the money supply by 20 billion.
Using the information provided, we can apply the formula:
The money multiplier is determined by multiplying by 1 / the reserve requirement.
Multiplier: 1/0.2 = 5
This implies that the money supply will rise by $5 for every $1 increase in reserves. The Federal Reserve would need to cut the money supply by the following amounts in order to reduce total demand by $100 billion:
Decrease in money supply = 100 billion / multiplier
= 100 billion / 5
= 20 billion
Therefore, the Federal Reserve should decrease the money supply by $20 billion.
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which of the following statement about bitcoin are correct? a. bitcoin is not issued by any central bank and therefore can be considered money. b. bitcoin appreciated in value in recent years and can be used as a store of value. therefore it can be considered money c. bitcoin is accepted in some online markets. therefore it can be considered money. d. bitcoin's value fluctuates significantly over short time period, this undermines its ability to serve as money
Statements a, b, and c are correct. Bitcoin is not issued by any central bank, and therefore it can be considered a decentralized form of money.
It has appreciated in value in recent years, making it a popular store of value. It is also accepted in some online markets as a form of payment. However, statement d is also correct. Bitcoin's value does fluctuate significantly over short time periods, which can undermine its ability to serve as a stable form of money.
Statements a, b, and c are correct. Bitcoin is not issued by any central bank, has appreciated in value over recent years, and is accepted in some online markets, which support its consideration as money. However, statement d is also valid as Bitcoin's value fluctuations can undermine its ability to serve as a stable form of money.
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Spouses are joint ownership of an annuity often reserved. Thus, option (a) is correct.
Such a contract would be an annuity between a two-person party and an insurance provider. A joint and survivor annuity is a frequent type of annuity involving joint annuitants.
A spouses contract known as a joint annuity offers two people, typically a married couple, lifelong income. A person who owns an annuity may also co-own it with another person.
As a result, the significance of the spouses are joint ownership of an annuity typically reserved are the aforementioned. Therefore, option (a) is correct.
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Mr. Tuck and Ms. Under organized a new business as an LLC in which they own equal interests. The new business generated a $4,800 operating loss for the year. Required: a. If Mr. Tuck’s marginal tax rate before consideration of the LLC loss is 35 percent, compute his tax savings from the first-year LLC loss. Assume the basis and excess business loss limitations do not apply.
When a business generates an operating loss, it can be used to offset other taxable income of the owners. In this case, since Mr. Tuck and Ms. Under own equal interests in the LLC, Mr. Tuck's share of the operating loss would be $2,400.
Assuming that Mr. Tuck's marginal tax rate before consideration of the LLC loss is 35%, his tax savings from the first-year LLC loss would be $840 ($2,400 x 35%). This means that Mr. Tuck would owe $840 less in taxes because of the LLC loss.
It's important to note that this calculation assumes that the basis and excess business loss limitations do not apply. These limitations can reduce or even eliminate the amount of the loss that can be used to offset other taxable income, depending on the specific circumstances of the LLC and its owners.
Overall, the ability to use operating losses to offset other taxable income can be a valuable tax benefit for owners of an LLC, especially in the early years when the business may not yet be profitable.
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you expect a share of econnews to sell for $65 a year from now. if you are willing to pay $61.06 for one share of the stock today, you expect a dividend payment of $4, and the rate of return on safe assets is 5 percent, how much is your risk premium? multiple choice 1.5 percent 6.5 percent 8.0 percent 13.0 percent
If the expected future price of EconNews shares is $65, and the current price you are willing to pay is $61.06, if the dividend payment is $4, and rate of return is 5%, then the risk premium is 8.0% percent.
The risk premium can be calculated by subtracting the risk-free rate of return from the expected rate of return on the investment.
The expected rate of return on the investment can be calculated as follows:
Expected Rate of Return = (Dividend + Expected Price Appreciation) / Current Price
In this case, the dividend is $4 and the expected price appreciation is $65 - $61.06 = $3.94. The current price is $61.06.
Expected Rate of Return = ($4 + $3.94) / $61.06
Expected Rate of Return ≈ 13.02%
The risk-free rate of return is given as 5%.
Risk Premium = Expected Rate of Return - Risk-Free Rate of Return
Risk Premium ≈ 13.02% - 5% ≈ 8.02%
Hence, the risk premium is approximately 8.02%, which rounded to the nearest percent is 8.0%.
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