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Answers:</h3><h3>
Invest $1785.71 in stock X</h3><h3>
Invest $3214.29 in stock Y</h3>
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Explanation:
x = amount to invest in stock X
y = amount to invest in stock Y
x+y = 5000 = total amount to invest
y = 5000-x after subtracting x from both sides
If you invest x dollars and get a 15% return, then you earn 0.15x dollars
Let A = 0.15x
If you invest y = 5000-x dollars and get a 8% return, then you earn 0.08y = 0.08(5000-x) = 400-0.08x dollars in return
Let B = 400-0.08x
In total, you would earn A+B = 0.15x+(400-0.08x) = 0.07x+400 dollars. Set this equal to 10.5% of 5000, which is 0.105*5000 = 525. This means we want to earn 525 dollars in return. Set 0.07x+400 equal to 525 and solve for x
So,
0.07x+400 = 525
0.07x = 525-400
0.07x = 125
x = 125/0.07
x = 1785.71
y = 5000-x
y = 5000-1785.71
y = 3214.29
Answer: D. code of ethics
Explanation:
Cofe of ethics are the principles that a company use in guiding its employees so that they can know what is either right or wrong according to the company. Code of ethics is typically used to guide workers and to protect them from doing anything that may portray the company in a bad image.
Since Ms. Martinez did not know how to respond to Mr. Tanner's gift, she thought an answer might be in her company's code of ethics. This will show her if collecting such gift is right or wrong.
Answer:
$930,000
Explanation:
The computation of the amount that should the Fund report the securities in its balance sheet on December 31, 2020 is shown below;
Here on the balance sheet, only fair value should be recorded i.e.. $930,000
So as per the given situation, no other amount should be reported
hence, the amount that should the Fund report the securities in its balance sheet on December 31, 2020 is $930,000
Answer:
You will pay $744,680.85 for the policy
Explanation:
Step 1
Since cash flow is a perpetuity, we can derive the following expression;
P.V=C/r
where;
P.V=present value of the investment
C=cash flow
r=annual rate of return
In our case;
P.V=unknown
C=$35,000
r=4.7%=4.7/100=0.047
replacing;
P.V=35,000/0.047
P.V=744,680.8511
744,680.8511 rounded off to 2 decimal places=744,680.85
You will pay $744,680.85 for the policy
Answer:
Goods
Explanation:
Adidas is a brand which is mainly involved in the manufacturing of sports goods.
Adidas manufactures various sports goods like football, cricket bats, sports accessories etc.
By sponsoring the Soccer World Cup the Adidas is actually marketing goods related to the particular category of sports that is soccer.