Answer:
D . The periodic rate of interest is 1.25% and the effective rate of interest is greater than 5%
Explanation:
Nominal rate = 5% compunded quaterly
rate of interest per quarter = 5% / 4
= 1.25%
effective rate of interest = ( 1 + 5% / 4 )4 - 1
= ( 1 + 0.0125)4 - 1
= 1.05094 - 1
= 5.094%
Answer: $29; $2.50
Explanation:
The maximum per share loss to the writer of an uncovered put; that is price of put is zero on expiration
Strike price = $31, at $2 per share
Therefore, maximum per share loss ;
($31 - 0) - $2 =
Maximum per share gain to the writer of an uncovered put occurs when the stock price falls below $31 on expiration.
Maximum per share gain equals $2.50
Answer:
Peripheral route.
Explanation:
The peripheral route to persuasion occurs when the listener decides whether to agree with the message based on other cues besides the strength of the arguments or ideas in the message.
Answer:
(A) pay within the discount period and recognize a savings.
Explanation:
The given credit terms of 2/10, n/30 means
If the payment is paid within 10 days so 2% discount is given and the total credit period given is 30 days
Suppose we take an example
A buys the merchandise of goods from B for $10,000 on April 1. The payment is doe by A on April 7
So, the net payment is
= $10,000 - $10,000 × 2%
= $10,000 - $200
= $9,800
The $200 shows the discount which A avails and termed as a savings
The answer is False because they didn't plan functions as a local law..this is my opinion.
