Answer:
Cyclical Unemployment
Explanation:
Cyclical Unemployment occurs due to irregularities surrounding an economy and these said cycles eventually brings about recession and thus, a good number of willing workers would not be able to get jobs due to this fact. What Joseph is experiencing is called Cyclical unemployment.
Answer:
D. -$1,116
Explanation:
Total amount of purchase = number of shares * price per share
= 300 * $8.62
= $2,586
Total dividends received = number of shares * dividend per share
= 300* $0.10
= $30
Total proceeds from sale of shares = number of shares sold * price per share
= 300* $4.80
= $1,440
Total dollar return = (Total proceeds from sale of shares + Total dividends received - amount of purchase)
= $1,440 + $30 - $2,586
= -1,116
Answer: 7.43%
Explanation:
The yield to maturity simply refers to the total return that is expected on a bond as long as the bond is held till it matures.
In this case, since the investor is indifferent between this municipal bond and an otherwise identical taxable corporate bond, the yield to maturity of the corporate bond will be:
4.83% = Corporate bond YTM × ( 1- 35%)
4.83% = Corporate bond YTM × 65%
Corporate bond YTM = 4.83% / 65%
Corporate bond YTM = 0.0483/0.65
Corporate bond YTM = 7.43%
The yield to maturity of the corporate bond is 7.43%
C) Credit card is an electronic card directly connected to a checking account
