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2 years ago

Choose the correct description for the following money market instrument. A certificate of deposit is:

1 answer:

8 0

A correct option is option (c). A certificate of deposit is a debt instrument sold by a bank to depositors that pays annual interest on a given amount and at maturity pays back a debt instrument sold by a bank to depositors that pays annual interest of a given amount and at maturity pays back the original purchase price. The original purchase price.

What is an accurate description of money market instruments?

A variety of securities, such as short-term Treasury securities (such as T-bills), certificates of deposit (CDs), commercial paper, repurchase agreements (repos), and money market mutual funds that invest in these securities make up the money market.

Is it a certificate of deposit security?

A fixed-term investment or certificate of deposit won't deplete your capital because of market volatility. It is a safe financial vehicle with a guaranteed payout at maturity, similar to regular insurance. The money you deposit into your CD will grow steadily, so there is no possibility of losing any of it.

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The correct question is:

Choose the correct description for the following money market instrument.

Upper A certificate of deposit is a certificate of deposit is:

a short dash term debt instrument issued by large banks and well dash known corporations. A short-term debt instrument issued by large banks and well-known corporations. nothing

an overnight loan between banks.an overnight loan between banks.

a debt instrument sold by a bank to depositors that pays annual interest on a given amount and a maturity pays back debt instrument sold by a bank to depositors that pays annual interest on a given amount and at maturity pays back the original purchase price. the original purchase price.

a short dash term money market instrument issued primarily by banks and funded from corporations and a short-term money market instrument issued primarily by banks and funded from corporations and other banks through loans in which Treasury bills serve as collateral comma with an explicit agreement to pay off the debt other banks through loans in which Treasury bills serve as collateral, with an explicit agreement to pay off the debt shortly.

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balu736 [363]

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Explanation:

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3 years ago

performance management requires knowing what activities and outputs are desired, observing whether they occur, and providing fee

mina [271]

The above statement is true.

An ongoing, continuous process of articulating and outlining work obligations, priorities, performance standards, and development plans that maximize performance and support organizational objectives.
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Thus this is the meaning of performance management.

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9 months ago

During a certain year, the nominal interest rate was 7 percent, the real interest rate was 4 percent, and the CPI was 198.3 at t

Dima020 [189]

Answer:

CPI at the beginning of the year = 192.52

Explanation:

given data

nominal interest rate = 7 percent

real interest rate = 4 percent

CPI = 198.3

to find out

CPI at the beginning of the year

solution

we know that according to fisher equation

1 + r = $\frac{1+n}{1+i}$ ....................1

and for smaller values is equivalent to r

r = n - i .....................2

here r is real interest rate and n is nominal interest rate and i is inflation rate

so from equation 2

4 = 7 - inflation rate

inflation rate = 3 percent

Rate of inflation = (CPI at the end of the year - CPI at the beginning of the year) × 100 ÷ CPI at the beginning of the year

put here value

3% = (198.3 - CPI at the beginning of the year) × 100 ÷ CPI at the beginning of the year

CPI at the beginning of the year = $\frac{19830}{103}$

CPI at the beginning of the year = 192.52

7 0

2 years ago

What is the main purpose of conducting an informational interview?

liberstina [14]

Answer:

Explanation:

3 0

3 years ago

On November 1, 2018, Quantum Technology, a geothermal energy supplier, borrowed $22 million cash to fund a geological survey. Th

IgorLugansk [536]

Answer:

when signing the note:

cash 22,000,000

note payable 22,000,000

accrued interest at december 31th, 2018

interest expense 330,000 debit

interest payable 330,000 credit

payment of the note:

payment of the note

note payable 22,000,000

interest payable 330,000

interest expense 1,185,000

cash 23,485,000

Explanation:

adjusting entry:

principal x rate x time

22,000,000

rate 9% / 12 = 0.0075

months 2

We must express rate and time in the same metric, in this case, months

22,000,000 x 0.75 x 2 = 330,000 accrued interest

payment of the note:

22,000,000 x 0.75 x 9 = 1,485,000

already accrued 330,000

interest expense 1,185,000

3 0

2 years ago