Answer: Swaps
Explanation:
A foreign exchange swap is a written agreement between two parties with different currencies to exchange such currencies at a specific period of time. In a swap deal, one party to the agreement gives out currency to the other party while also collecting collecting currency from such party. The written agreement usually contains such details like the interest on the amount of exchange, as well as the loan value of one currency against the other.
Explanation:
- It encourages people community to post their news
- The news can be posted for a group or to a general public too
- The group or the general public can comment on the news
- The news which is interesting based on the reviews will be given the top priority
Example:
Reddit - A large site with huge number of user
Digg - This is also quite popular and it has different categories of news where the user can view news based on his/her interest.
<u>Solution and Explanation:</u>
1. the Yield to maturity
FV = 1,000
PMT = FV multiply with Coupon rate
, PMT = 1,000 multiply with 0.1 = 100
N = 5
, PV = -1,197.93
CPT I/Y
I/Y = 5.380166647
Therefore, the Yield to maturity = 5.380166647%
Where: FV – fair value, PV – Present value
2. Current yield = Coupon payment divided by Price
Current yield = 100 divided by 1,197.93
By solving we get,
Current yield = 0.08347733173
Therefore, the Current yield = 8.347733173%
Answer:
The correct answer is C
Explanation:
The concept of the invisible hand, is the concept in which the unobservable market force, helps the supply and the demand of the goods to reach at equilibrium in a free market.
As per this concept, the best method for society in order to encourage the jobs creation and the production of products demanded by consumers would be to allow the personal freedom entrepreneurs to follow their self interest.
Answer: $480
Explanation:
Given that,
Scrap value of metal = $480
press is six years old, Original cost = $174,000
Current book value = $3,570
Since, we know that the realizable value of the printing press is only $ 480, so tattle teller should assign the same as the initial cost of the new project.
Hence, $480 will be the initial cost of press for the new project.