discount; 2.73
premium; 2.73
discount; 3.65
premium; 3.65
The forward rate on British pounds exhibits a premium of 2.73 percent.Answer: Option 2.
<u>Explanation:</u>
An interest rate is the percentage of principal charged by the bank for the utilization of its cash. The chief is the measure of cash advanced. Since banks acquire cash from you (as stores), they additionally pay you a loan fee on your cash.
The nominal interest rate is the rate of interest with no alteration for inflation. For instance, assume somebody stores $100 with a bank for 1 year, and they get enthusiasm of $10 (before charge), so toward the year's end, their parity is $110 (before charge).
Answer:
C. Unearned rent revenue 40,000 debit
revenue 40,000 credit
Explanation:
The contract is 60,000 per year
per month, the rent will be 60,000/12 = 5,000
Because the payment was in advance, the rent revenue wasn't earned yet. At year-end we adjust for the portion earned and recognize this revenue.
We need to calculate the accrued rent from May 1st to December 31th
December 31th - May 1st = 8 months
8 months x 5,000 per month = 40,000
This is the amount accrued for the year.
Answer:
13.4%
Explanation:
Stock price is $18.75
Dividend growth rate is 5%
Dividend is $1.50
Therefore the required return can be calculated as follows
r= (1.5×1+0.05)/18.75)+5/100
= 1.5 × 1.05/18.75 + 0.05
= 1.575/18.75 + 0.05
= 0.084 + 0.05
= 0.134×100
= 13.4%
Answer:
Reminder.
Explanation:
Reminder advertising is basically the key to retain customer by briefly messages them to remind them about a new product or anything.