Answer:
The correct answer is option c.
Explanation:
Adam Smith and other economists advocated that in a competitive industry, the total cost is minimized through the actions of the individuals who are pursuing their self-interest. It is not intended or pre-planned.
Adam Smith believed that individuals are led by an invisible hand or market forces to maximize their own profits and lead to the overall welfare of society.
If consumers and producers are allowed to make their decisions freely, it would lead to production and price determination such that all members of the society are benefited.
Answer:
Checking account:
$7,000
Bond investment: $28,000
U.S. Treasury bill:
$7,000
Loan to an employee:
$400
Currency and coins:
$1800
Accounts receivable:
$700
Cash and cash equivalents: Cash, 1 month treasury bill, currency and coins are cash and cash equivalents so
(7,000+7,000+1,800)= 15,800
Explanation:
Answer:
$338,805.68
Explanation:
The computation of the amount of annual level of expenditure is shown below
Here we use the PMT formula
Given that
NPER = 15
RATE = 8%
FV = $0
PV = $2,900,000
The formula is shown below:
= PMT(RATE, NPER,-PV,FV,TYPE)
The present value comes in negative
After applying the above formula, the amount of annual level of expenditure is $338,805.68
Answer:
the delta of the corresponding put option is -0.6
Explanation:
Since it is given that that the delta of a call option is 0.4
So, the delta of the corresponding put option is
As we know that
Delta of the put option = Delta of a call option - 1
= 0.4 - 1
= -0.6
Hence, the delta of the corresponding put option is -0.6
We simply applied the above formula so that the correct value could come
And, the same is to be considered
There is no profit. Hope this helps.