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3 years ago

The set of skills and knowledge needed to make informed decision about money matters is called

Business

2 answers:

emmasim [6.3K]3 years ago

8 0

Financial literacy
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Nutka1998 [239]3 years ago

4 0

Answer:

The correct answer is financial literacy.

Explanation:

Financial literacy are the abilities and skills of understanding or education that an individual possesses in financial areas, which will allow him to make good decisions regarding the financial resources he possesses.

<u>The individual must be instructed</u> as to what is necessary to rearrange a budget, keep track of the expenses he makes, pay his debts, etc., and thus be able to achieve financial stability. All this will be done through financial education.

<u>Having education in this field will prevent a person from facing different scams, abusive loans, mortgages or poor decision making.</u>

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If globalization continues over the next few decades, how might your life be different?

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Answer:

Too much globalization is lack of resources which leads to more disease and death

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3 years ago

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BARSIC [14]

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3 years ago

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3 years ago

A put option on a stock with a current price of $47 has an exercise price of $49. The price of the corresponding call option is

Sedbober [7]

Answer:

The answer is 5.559539 or 5.56.

Explanation:

From the given question let us recall the following statements

The current price of A put option on a stock = $47

With an exercise price of $49

Annual risk-free rate of annual interest is = 5%

The corresponding price call option is = $4.3

The next step is to find the put value

Now,

The Call price + Strike/(1+risk free interest) The Time to maturity =

Spot + Put price

Thus

The,Put price = Call price - Spot + Strike/(1+risk free interest)Time to maturity

When we Substitute the values, we get,

Put price = (4.35 - 47) + 49/1.05 4/12

Therefore, The Put Price = 5.559539 or 5.56

4 0

3 years ago

Read 2 more answers

Consider the case of BTR Co.: BTR Co. has 9% annual coupon bonds that are callable and have 18 years left until maturity. The bo

valentinak56 [21]

Answer:

Yield to maturity is 7.93%

Yield to call is 7.83%

Explanation:

I calculated both the yield to maturity and yield to call using the rate formula in excel which is =rate(nper,pmt,pv,-fv)

nper is the year to maturity and year to call of 18 years and 8 years respectively.

pmt is the periodic coupon payment is 9%*1000=$90 in each case.

pv is the present value in each case of $1100.35

The future value which is the redemption value is $1000 for yield to maturity and $1060 for yield to call

Find attached detailed calculation

Download xlsx

5 0

3 years ago