Answer: The statement is <u>TRUE.</u>
Financial intermediaries are those people or companies that offer financial services to the investor without the latter having to contact the issuer of the financial instrument.
Its function is that of intermediation between people who save and people who need financing, that is, between buyers and sellers.
Answer:
Yes
Explanation:
There was an agreement or promise between Brett and Natalie which made Brett purchase the materials with his own money
Answer:
$93.20
Explanation:
Given the following from the question
Future value of stock = $90
PV Factor = Future Value ÷ (1+ interest rate %)
Hence, we have Present value of stock as => 90 ÷ (1.03) = $87.378640777
Present value of dividends = 6 ÷1.03 = $5.8252427184
Total of present value of stock and dividend =$87.378640777 + 5.8252427184 = $93.20
Hence, in this case, the correct answer is = $93.20
The answer is dual adaption marketing strategy. It is the adaptation of both the good and the communications to a local marketplace. For instance, when a business modifies their marketing communications for a local market, the method is recognized as communications adaptation.
Answer: A. An example of an agency cost is when an outside investor is only willing to pay less for stock because she thinks the original owner will consume too many perquisites.
Explanation:
An agency cost typically occurs between between a principal and the agent. This occurs when the agent is given much power and make decisions on behalf of the principal.
An example of an agency cost is when an outside investor is only willing to pay less for stock because she thinks the original owner will consume too many perquisites. The agent typically has more information and there might be different incentives sometimes.
Therefore, the correct option is A.
