Answer:Corperation
Explanation: A corporation is an organization usually a group of people or a company authorized by the state to act as a single entity and recognized as such in law for certain purposes. Early incorporated entities were established by charter. Most jurisdictions now allow the creation of new corporations through registration.
Answer:
$0.85 and three cans
Explanation:
Data given in the question
Price per can = $0.50
First can paying price = $0.95
Second can paying price = $0.80
Third can paying price = $0.60
Fourth can paying price = $0.40
So by considering the above information, the noah can buy three cans as the prices are high
So, the consumer surplus is
= First can + second can + third can
where,
First can = $0.95 - $0.50 = $0.45
Second can = $0.80 - $0.50 = $0.30
Third can = $0.60 - $0.50 = $0.10
So, the total consumer surplus is
= $0.45 + $0.30 + $0.10
= $0.85
Answer:
In terms of knowledge, it is more important because you have to be knowledgeable to handle situation. Whereas, professional education help you in think big and broad not shallow, in order to be an hero to over situations in life. THE relationship between them is to be professional and your have to be knowledgeable.
Answer:
D) securities' returns are negatively correlated.
Explanation:
For diversification we want to reduce risk thus, the stocks must be diverse they must be different. That means the situation under one stock increases makes the other incease that way we have a balance portfolio
We need negative correlation among securities.
Answer:
$2,096,924.50
Explanation:
Present value of an investment and cash inflows is measured at present time means year 0. Gradient is also valued at present time.
$760,000 each year at 9% for next 3 years is annuity payment and its Present value can be calculated as follow
PV of Annuity = P + P x ( 1 - ( 1 + r )^-(n-1) / r
Where
P = $760,000
r = 9%
n = 3 years
Placing values in the formula
PV of Annuity = $760,000 + $760,000 x ( 1 - ( 1 + 9% )^-(3-1) / 9%
PV of Annuity = $760,000 + $760,000 x 1.759111
PV of Annuity = $760,000 + $1,336,924.50
PV of Annuity = $2,096,924.50
