Answer:
The correct answer is letter "D": buying and selling of securities (primarily Treasury bonds).
Explanation:
The Federal Open Market Committee or FOMC is a department of the Federal Reserve Board in charge of establishing monetary policy. There are different meetings within a year they held to determine to continue with the current policy or to change it. A change in monetary policy represents the purchase or sale of government securities (treasury bonds) on the open market to stimuli the economy.
Answer:
The total amount that Louies spends on advertising=$13,650
Explanation:
To calculate the total amount Louies sporting goods spends on advertising, we express the total expenditure as follows;
Total expenditure=Cost per day×number of days
Cost per day=cost per spot×number of spots in a day
Cost per day=(650×3)=$1,950
Number of days in a week=7 days
replacing;
Total expenditure=Cost per day×number of days
Total expenditure=(1,950×7)
Total expenditure=$13,650
The total amount that Louies spends on advertising=$13,650
Answer:
- <em>The annual annuity payment (PMT) will be </em><u>$750.00</u>
Explanation:
The value of a <em>annuity payment</em>, A, is equal to the present value of the future payments.
When the interest rate,r, and the <em>annual annuity payment (PMT) </em>remain constant over the entire life of the annuity, the formula for the value of the annuity is:
![A=PMT\times \bigg[\dfrac{1}{r}-\dfrac{1}{r(1+r)^{t}}\bigg]](https://tex.z-dn.net/?f=A%3DPMT%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7Br%7D-%5Cdfrac%7B1%7D%7Br%281%2Br%29%5E%7Bt%7D%7D%5Cbigg%5D)
To caculate PMT substitute:
- A = $3,806.77
- r = 5.00% = 0.05
- t = 6 years
![\$3,806.77=PMT\times \bigg[\dfrac{1}{0.05}-\dfrac{1}{0.05(1+0.05)^{6}}\bigg]](https://tex.z-dn.net/?f=%5C%243%2C806.77%3DPMT%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7B0.05%7D-%5Cdfrac%7B1%7D%7B0.05%281%2B0.05%29%5E%7B6%7D%7D%5Cbigg%5D)
Compute and solve for PMT:
![\$3,806.77=PMT\times \bigg[20-14.9243079\bigg]\\\\\\PMT=\$3,806.77/5.07569207=\$750.00](https://tex.z-dn.net/?f=%5C%243%2C806.77%3DPMT%5Ctimes%20%5Cbigg%5B20-14.9243079%5Cbigg%5D%5C%5C%5C%5C%5C%5CPMT%3D%5C%243%2C806.77%2F5.07569207%3D%5C%24750.00)
Answer:
Arbitrage
Explanation:
Arbitrage refers to exploiting price differences on identical or similar goods, services, assets or factors in different markets.
This ultimately implies that, arbitrage allows an individual to profit from the price difference between similar goods, commodity, securities or currency in different markets.
Basically, an individual might decide to almost simultaneously purchase a financial instrument such as a commodity, securities or currency and sell it in a different form or market.
For example, if a stock is trading at £80 on the London Stock Exchange (LSE) while it is trading for £81 on the Nigeria Stock Exchange (NSE) at the same time. John buy the stock on the LSE and sells the same shares immediately on the NSE and earns a profit of £1 per share. Thus, this is simply an arbitrage.
In conclusion, an arbitrage is a type of trade that is caused as a result of market inefficiency.
Answer:
D. decline; increase
Explanation:
As the restriction on imports reduce the demand of U.S dollar. The value of U.S dollars falls which increases the value of Canadian dollar. The supply of Canadian dollars to be exchanged for U.S dollars decrease and there is less payment to be made in U.S dollars. Canadian dollar will strengthen its position and increase its value.