Answer:
The answer would be D) The market clearing price is where quantity demanded is equal to quantity supplied.
Explanation:
A mutual funds is the instrument that may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 days.
<h3>What is purchased on margin?</h3>
This generally involves the act of getting a loan from your brokerage and then, using the money from such loan to invest in more securities than you can buy with your available cash.
Through the method, an investors can amplify their returns if their investments outperform the cost of the loan itself.
In conclusion, the mutual funds can be purchased on margin. However, it may be used as collateral for a margin loan after being held for 30 days.
Read more about mutual funds
brainly.com/question/4521829
#SPJ1
Answer:
(a) INDICATOR OF FRAUD
Explanation:
The reason is that the supervisor has an outside business setup related to the department's setup which gives rise to a conflict of interest.
Answer:
Interest expense for the year: 33,590.33
Explanation:
face value $ 300,000
rate 9%
time 15 years
issued at $ 201, 136
discount: $ 98, 864
amortization per year under straight-line: the discount is equally distributed for each period
98,864 / 15 = 6,590.33
<u><em>interest expense per year:</em></u>
face value x rate + amortization:
300,000 x 0.09 + 6,590.33 = <em>33,590.33</em>
Answer:
d. $234.00
Explanation:
The computation of the service fees every year is shown below:
= Service fee × weekly charge method × total number of weeks in a year
= $2.25 × 2 × 52 weeks
= $234
Since we have to compute for the year so we multiplied all three above components. Moreover, it is given in the question that if Faye use out of network than the bank service charge will be double, so we multiplied it by 2
