Answer: Option (B)
Explanation:
Fiat money is referred to as the currency which tends to have no intrinsic value and thus has been further entrenched as money. This process is often carried out by the federal government. This particular type of money does not tend to have the use of value, and only has the value since the authority i.e. the government tends to maintains its value.
The expenditure method is the most widely used approach for estimating GDP, which is a measure of the economy's output produced within a country's borders irrespective of who owns the means to production. The GDP under this method is calculated by summing up all of the expenditures made on final goods and services.
Is the 3 % an annual rate or monthly rate? Whats the initial amount deposited?
Then I can better help answer your question.
Answer:
12.75%
Explanation:
Given that
Net assets value = $24.19
Dividend and capital gain distribution = $1.63
Offer price = $22.90
The computation of Holding period return is shown below:-
= (Net assets value + Dividend and capital gain distribution - Offer price) ÷ Offer price
= ($24.19 + $1.63 - $22.90) ÷ $22.90
= $2.90 ÷ $22.90
= 12.75%
So, for computing the holding period return we simply applied the above formula.
Ab. smile at them and make eye contact while you continue to help the first customer so they know they were recognized and not being ignored.
