Answer:
Federal funds rate
Explanation:
Federal funds rate can be described as a target interest rate which is set by the Federal Open Market Committee (FOMC) and it is the interest rate at which excess reserves of commercial banks are lent to and borrowed from each other overnight.
The law requires that commercial banks must maintain certain percentage of their deposits in their account with Federal Reserve bank as a reserve. When there is an excess of money above the required level in the reserve of some banks, the excess can be lent by those banks to other banks that have shortfalls. The interest rate that is paid by the borrowing banks is the federal fund rate.
Answer:
The correct option is C
Explanation:
When the person who co- sign for a credit card of a friend, then the person will be in a danger of lowering its own credit score if the person's friend fails to pay for the payment.
Credit score is a expression in terms of numerics grounded on the level analysis of the credit files of the person and also represent the credit worthiness of the person. It is used by lenders for determining who qualifies for the loan and for credit limits.
The answer is to place warranty information in car windows
or also known as the used-car rule. Car dealers who sell used cars to their
consumers must follow the rules set by the Federal Trade Commissions, The Used
Car Rule. This Used car rule is applicable to all states, except for Maine and
Wisconsin.
Answer: Po = D1/Ke + g
$34.75 = D1/0.104 + 0.039
$34.75 -0.039 = D1/0.104
$34.711 = D1/0.104
D1 = 34.711 x 0.104
D1 = $3.61
Explanation: In this question. there is need to apply the formula for determining the current market price of a common stock. The current market price of a common stock is a function of next dividend capitalised at the appropriate cost of equity plus growth rate. in addition, we need to make the next dividend the subject of the formula.
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