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mixas84 [53]
3 years ago
13

An 85-year old retired client has living expenses of $15,000 per year. His portfolio is currently allocated: 50% Money Market Fu

nd 40% Treasuries Yielding 1.20% 10% Equities The customer is complaining that he is not earning enough from his portfolio to meet monthly living expenses. The BEST recommendation to the customer is to:
Business
1 answer:
Slav-nsk [51]3 years ago
3 0

Answer:

Explanation:

The best recommendation in this scenario would be to liquidate half of the money market fund and invest it in 5 year corporate debentures yielding 2.70%. This is because traditionally money market funds, although highly liquid, only offer an average of 1% return on investment for the capital invested. Investing instead in a corporate debentures yielding would net the individual more than double in ROI and hopefully cover all of the living expenses.

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I think it's a cashier's check...(Don't mark my words)
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8 0
2 years ago
Musashi lives in Philadelphia and runs a business that sells pianos. In an average year, he receives $704,000 from selling piano
Gnoma [55]

Answer:

Explicit costs are actual costs which Yakov must make while implicit costs are opposite of explicit costs, Implicit costs are opportunity costs.

Grouping them, we have the following;

•The wages and utility bills that Yakov pays. => Explicit costs

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•The wholesale cost for the pianos that Yakov pays the manufacturer. => Explicit costs

•The rental income Yakov could receive if he chose to rent out his showroom =>Implicit Costs

2) Yakov's accounting and economic profit of his piano business.

Profit($)

Acct Profit.......... Economic Profit

$14,000. .............. -$9,000 (loss)

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Therefore accounting profit=

$704,000 - ($404,000 - $286,000) = $14,000

• Yakov's economic profit will be (accounting profit - (rent + forgone salary)

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4 0
3 years ago
POSSIBLE POINTS:
77julia77 [94]

Answer:

Bob must use  $4,000 newspaper ads in two numbers

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As given in the question -

Total number of people affected by $5,000 TV ad = 250

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8 0
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Which of these factors is an advantage to using cash?
larisa86 [58]

Answer:

B no fees or charges

Explanation:

Your welcome

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