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fgiga [73]
3 years ago
11

Agent Pam receives an offer on one of her listings for less than the asking price. The home has been listed for several months;

so Pam does a CMA and determines that the offer is more than reasonable in today’s market. However, she believes the sellers will not be willing to accept the offering price. What would be a good approach for Pam to take?
Business
1 answer:
Jobisdone [24]3 years ago
8 0

Answer: Counteroffer

Explanation: As the primary duties of Pam lies towards her clients, all her efforts should be made to make the deal favorable for her client. Pam should make a counteroffer to the buyer to make the price high enough so at least she"ll be able to ask her client for any negotiation possible. Hence counter offering the client is the best possible way for her .

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Dollar bills in the modern economy serve as money because
nikitadnepr [17]

Answer:

The reason for this is that the people will accept it as money confidently.

Explanation:

Since the definition of money explains that money can be anything that is accepted by the people and serve as the medium of exchange. However, in the case of a dollar bill, people have accepted it as a medium of exchange.

8 0
3 years ago
You buy a seven-year bond that has a 6.50% current yield and a 6.50% coupon (paid annually). In one year, promised yields to mat
Harlamova29_29 [7]

The current yield and annual coupon rate of 6.50% show that the bond price was at par a year ago.

The givens are FV=1,000, n= 6, PMT = 65.00, and i= 7.50 so with this we know that the selling price this year is $953.06.

So the holding period return is $1,000+$953.06+$65.00

$1,000=0.0181=1.81%

Hope this helps, now you know the answer and how to do it. HAVE A BLESSED AND WONDERFUL DAY! As well as a great rest of Black History Month! :-)  

- Cutiepatutie ☺❀❤

7 0
3 years ago
Mark Paxson maintains that the statement of cash flows is an optional financial statement. Do you agree? Explain.
AlekseyPX

Answer:

I Disagree

Explanation:

The statement of cash flows is of extreme importance for a company and its stakeholders (especially investors). It shows how activities affecting the balance sheet and the financial statement also affect cash and cash equivalents, and while it is true that the balance sheet has an account under that name, it does not provide enough detail.

The statement of cash flows on the other hand details how much cash the company gets from financing, operating, and investing activities, and from this information, a potential investor can make crucial analysis when determining whether to invest or not.

6 0
3 years ago
The largest free zone are called free cities
natulia [17]

Answer:

mean sorry but I am new here

3 0
3 years ago
Read 2 more answers
We know the following expected returns for stocks A and B, given different states of the economy:
serious [3.7K]

Answer:

Expected Returns:

1. Stock A:

= (0.2 x 0.04) + (0.5 x 0.05) + (0.3 x 0.07)

= -0.02 + 0.04 + 0.12

= 0.14

= 14%

2. Stock B:

= (0.2 x -0.1) + (0.5 x 0.08) + (0.3 x 0.1)

= -0.008 + 0.025 + 0.021

= 0.054

= 5.4%

Explanation:

a) Data and Calculations:

States(s)                Probability       E(rAS)         E(rB,)

Recession                  0.2             -0.1             0.04

Normal                       0.5              0.08          0.05

Expansion                  0.3              0.1             0.07

b) An investor in Stock A's expected return is the sum of the returns under different economic scenarios of recession, normal economy, and expansion, weighed by the probabilities of each event, which the investor would expect to realize by making the investment in a security.  Stock A's expected return shows that the investor in the stock would expect a 14% return on the value of the investment.  Whereas, the same investor would expect a return of 5.4% in Stock B's investment.

4 0
3 years ago
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