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Levart [38]
4 years ago
8

​when preparing a representative sample from a list of 200 customers who complained about errors in their statements, a _____ mi

ght select every tenth customer for review.
Business
1 answer:
makvit [3.9K]4 years ago
4 0
Systematic sample

When preparing a representative sample from a list of 200 customers who complained about errors in their statements, this type of sample might select every tenth customer for review.
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Pension funds pay lifetime annuities to recipients. If a firm will remain in business indefinitely, the pension obligation will
Solnce55 [7]

Answer:

Duration of liability (perpetual) = (1 + y) / y

= (1 + 17.5%) / 17.5%

= 6.71

Value of liability = Cash Flow / yield

= $3.5 million / 17.5%

= $20 million

a. Assume you invest w in 5-year bond and 1-w in 25-year bond such that the duration of the portfolio is 6.71

6.71 = w x 4 + (1 - w) x 16

w = (16 - 6.71) / (16 - 4)

w = 77% in 5-year bond

1 - w = 28% in 25 year bond

Market Value of 5 year bond = 77% * $20 million = $15.4 million

Market Value of 20 year bond = 23% * $20 million = $4.6 million

b. Market Price of 20 year bond can be calculated using PV function on a calculator

N = 25, I/Y = 17.5%, PMT = 9, FV = 100

Price = Present Value (25,17.5%, 9 ,100)

Price = 52.29042644

Price = $52.30

Par Value of 25 year bond = Market Value /% Price

Par Value of 25 year bond = $4.6 million / 50.83%

Par Value of 25 year bond = $9,049,774

6 0
3 years ago
What is the internal rate of return of a project costing $3,000; having after-tax cash flows of $1,500 in each of the two years
goldfiish [28.3K]
The answer is B 15%
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3 0
3 years ago
Writing down ways you would like your community to improve is an example of ______
IrinaK [193]
Increase capital markets for example profit market
3 0
3 years ago
If, for a given percentage increase in price, quantity demanded falls by a proportionally smaller percentage, the demand is
nekit [7.7K]

Answer:

Option (D) is correct.

Explanation:

We know that there is a inverse relationship between the price of a good and its quantity demanded.

Relative inelastic demand refers to the demand where percentage change in the quantity demanded is relatively smaller than the percentage change in price of the good.

Relative inelastic demand curve is a demand curve which is relatively steeper in shape but not perfectly inelastic or vertical.

4 0
3 years ago
government regulation is the most important factor. B) commodity money, because it is valued more highly, tends to drive out pap
Alex73 [517]

Answer:

The question is not complete.

Here is the complete question:

In explaining the evolution of money, the text claims that

A) government regulation is the most important factor.

B) commodity money, because it is valued more highly, tends to drive out paper money.

C) new forms of money evolve to lower transaction costs.

D) all of the above are true.

Here is the answer:

C.new forms of money evolve to lower transaction costs.

Explanation:

Before the advert of money, transactions between individuals were based on exchange goods for goods, a system called trade by barter. The system of trade by barter permits individual who has a particular good but desire another to exchange the goods he has with another person who has the goods he desires.

However, this system has a major flaw: transaction costs were higher.

The system of trade by barter only works if the two people involved has complimentary possession of goods that the other wants and be able to locate each other. With this high transaction costs, exchange of goods was difficult to carry out.

On this background, money evolve to lower this transaction costs and make exchange of goods possible without the need to have what another person wants and the trouble of finding where they are.

4 0
3 years ago
Read 2 more answers
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