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elixir [45]
2 years ago
15

An investment adviser has been formed and the firm and its representatives file their first registration with the State on July

1st. On June 30th of the following year, the firm files renewal registrations for itself and its representatives. Which statement is TRUE under the Uniform Securities Act?
A. Since State registration is good for 1 year, the renewals were filed in a timely manner
B. The firm's registration and its representatives' registrations lapsed after December 31st of the preceding year
C. The firm's registration and its representatives' registrations are good until December 31st of the current year, at which point they must be renewed
D. There is no requirement for annual registration renewals in the State
Business
1 answer:
dexar [7]2 years ago
6 0

Answer and Explanation:

B. The firm's registration and its representatives' registrations lapsed after December 31st of the preceding year

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Suppose People's bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $
vodka [1.7K]

Answer:

10.38%

Explanation:

The formula to compute the effective annual rate of the loan is shown below:

= (1 + nominal interest rate ÷ periods)^ number of period - 1

The nominal interest rate is shown below:

= $250 × 4 ÷ $10,000

= $1,000 ÷ $10,000

= 0.1

Now the effective annual rate is

= (1 + 0.1 ÷ 4)^4 - 1

= (1 + 0.025)^4 - 1

= 1.025^4 - 1

= 10.38%

Since the interest rate is measured on a quarterly basis, we know there are four quarters in a year and we do the same in the calculation part.

This is the answer but the same is not provided in the given options

4 0
3 years ago
Greg is the CEO of a leading company in the consumer packaged goods industry. He is trying to grow his company for personal gain
Lilit [14]

Answer: Over-diversification

Explanation:

 According to the given question, the Over-diversification is one of the concept in the business in which the an organization make a large number of investment of the different types of asset where the expectation of the marginal cost become high.

Greg is one of the leading company CEO and for the growth of the company he has decided for acquiring some small chemical firms for increase the productivity but the shareholder are not happy with this due to the over-diversification concept.

The over-diversification also increase the risk in the investment process but there is always high possibility of marginal benefit in the business. Therefore, Over-diversification is the correct answer.  

 

3 0
3 years ago
When applied to project management, the resource management knowledge area typically involves which of the following processes?
ad-work [718]
C :) i say this because it sounds more realistic
3 0
3 years ago
Hyacinth buys a $10,000 face value bond for $9,250. If the interest rate on similar bonds rises by 2%, what is the approximate p
icang [17]

Answer:

$9,435

Explanation:

If 100% of $10,000 face value gives the bond for $9,250

Then for 2% rise, that is, 102%  of the bond will purchase = 102 X $9.250/100 = $9,435

∴ The approximate price of bond purchased = $9,435

5 0
2 years ago
The Tucker family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a deductible of $1,000 pe
nekit [7.7K]

The amount that the insurance company will pay is $960.

<h3>What is insurance?</h3>

.It should be noted that insurance simply means a way that's used to manage risk.

The amount after deduction will be:

= $2200 - $1000

= $1200

The amount that the company will pay:

= 80% × $1200

= $960

Learn more about insurance on:

brainly.com/question/25855858

#SPJ1

6 0
1 year ago
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