The settlement date between the Options Clearing Corporation and a clearing member is one business from the trade date for options transactions.
What do you mean of trade?
Trade means to the exchange of goods or services between economic sectors. Though transactions are consensual, trade is generally recognize to profit both parties. In finance, trading generally means to the purchase and sale of securities or other assets.
How trade is important?
Trade is central to ending global poverty. Countries that are open to international trade tend to grow better, innovate, enhance productivity and provide higher income and more opportunities to their people. Open trade also provide lower-income households by providing consumers more affordable goods and services.
Learn more about trade:
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Answer:
ok
Explanation:
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Answer:
Option D is correct
Expected rate of return = 18.6%
Explanation:
The expected rate of return is the proportion of average investment that is earned as income . It is calculated as follows:
Rate of return on investment = average return / Average investment
Average investment = (Initial cost + salvage value)/ 2
Average investment = 89,000 +14,000/ 2= 51500
Net income = $9,600
Expected rate of return = 9,600/51,500× 100
= 18.6%
