Answer:
Federal funds rate
Explanation:
The federal funds rate is the interest rate at which depository institutions (banks and thrifts) lend reserve balances to each other to meet reserve requirements.
Reserve requirements are the amount of funds required by the central bank that banks should keep as reserves to meet liabilities
the Federal funds rate is currently maintained at a range of 0% to 0.25%
The answer to this question is Elastic
An elastic product is the type of product which demand will be influenced by movement in prices. For product like cloud computing, the product could be considered more durable because it willl always stay needed and will not go rotten, so the movement in prices shouldn't necessarily affect them that much.
Answer:
A sole proprietorship is a business owned by only one person. The most common form of ownership, it accounts for about 72 percent of all U.S. businesses[1]. It’s the easiest and cheapest type of business to form: if you’re using your own name as the name of your business, you just need a license to get started, and once you’re in business, you’re subject to few government regulations.
As sole owner, you have complete control over your business. You make all important decisions, and you’re generally responsible for all day-to-day activities. In exchange for assuming all this responsibility, you get all the income earned by the business. Profits earned are taxed as personal income, so you don’t have to pay any special federal and state income taxes.
Explanation:
Answer: $19.40
Explanation:
Based on the information given in the question, the following can be deduced:
D1 = $5.15
D2 = $8.05
D3 = $11.25
Rate of return = 11% = 0.11
The current stick price will be calculated as:
= 5.15/(1 + 0.11) + 8.05/(1 + 0.11)^2 + 11.25/(1 + 0.11)^3
= 5.15/1.11 + 8.05/(1.11)^2 + 11.25/(1.11)^3
= $4.64 + $6.53 + $8.23
= $19.40
