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Nat2105 [25]
3 years ago
11

Which phrase best describes a country's monetary base?

Business
1 answer:
vampirchik [111]3 years ago
3 0

Answer: all money in circulation throughout the economy

Explanation: apex

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The following statements are true. Explain why. a. If a bond’s coupon rate is higher than its yield to maturity, then the bond w
krok68 [10]

Answer:

A Bond's current market value represented by B_{0} is the present value of a bond as on today. Present value of a bond is it's future cash flows in the form of coupon payments and principal repayment discounted at investor's expectation in the market also referred to as Yield to maturity(YTM).

Present value of a bond is given by the following equation,

B_{0} = \frac{C}{(1\ +\ YTM)^{1} }  +\ \frac{C}{(1\ +\ YTM)^{2} } \ +\ ......+\ \frac{C}{(1\ +\ YTM)^{n} } \  +\ \frac{RV}{(1\ +\ YTM)^{n} }

where C= Annual coupon payments

YTM = Yield to maturity/ cost of debt/ market rate of return on similarly priced bonds

RV = Redemption value of bond

n = number of years to maturity

<u>a. A bond's coupon rate is higher than it's yield to maturity, then the bond will sell for more than face value.</u>

Hence, if the company pays more interest than what is paid in the market on similarly priced bonds, such bonds shall sell at more than their face value.

<u>b. If a bond's coupon rate is lower than it's yield to maturity, then the bond's price will increase over it's remaining maturity.</u>

Similarly, if a bond pays lower rate of interest than the market rate of interest on similarly priced bonds, the bond shall sell at lower than it's face value and the price will increase over the remaining life of such bonds.

         

6 0
3 years ago
If the ratio for unit cost to sales price for a product is 1:4, how much would the selling price be for a product if it has a un
Mkey [24]
Ratio and proportion is a useful method in determining a value using a known constant in ratio form. In this case, the ratio of cost to price is always 1/4. Hence, the solution goes as follows:

1/4 = 33.85/price
Price = 33.85*4
Price= $135.4 
6 0
3 years ago
Travis, a licensed salesperson, was awarded a judgment of $10,000, but the broker won't pay. for what amount may travis apply to
Alex

Travis may apply for $0  as in the US, consumers who have won a court judgment against a licensee are given reimbursement.

A licensed real estate broker, salesperson, or closing agent's dishonest, fraudulent, or dishonest conduct, or the conversion of trust money, are grounds for compensation under the Real Estate Education, Research, and Recovery Fund.

Every commercial sales transaction must comply with the agency disclosure obligation. A licensee's disclosure of the party(ies) he acts on behalf of in the transaction shall be confirmed in writing.

By the law, Payments from the Real Estate Inspection Recovery Fund are limited to a maximum of $30,000 per license holder and a maximum of $12,500 per transaction.

Learn more about Real Estate Recovery Fund at brainly.com/question/14102448

#SPJ4

6 0
2 years ago
Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip of waterfront property. Northeast gives
soldier1979 [14.2K]

"Manhattan Developers, Inc., pays Northeast Trust Company to release its claim to a strip..." this is a quitclaim deed. This is further explained below.

<h3>What is a deed?</h3>

Generally, the deed is simply defined as Legal documents that are signed and delivered, particularly those that deal with property or legal rights.

In conclusion, When a company pays another company to relinquish a claim to a strip mine, it is executing a quitclaim deed.

Read more about deed

brainly.com/question/17214313

#SPJ1

5 0
2 years ago
~~~30 POINTS~~~
koban [17]
1. is credit card
2. is debit card
3. is card

hope this helped!!!
4 0
3 years ago
Read 2 more answers
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