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3 years ago

What is the apr on a loan that charges interest at the rate of 1.4% per month?

1 answer:

5 0

The APR stands for the Annual Percentage Rate. To find the APR (12 months) on a loan that charges interest at the rate of 1.4% per month you will need to multiply the monthly rate of 1.4 by 12 months. 1.4 x 12 months = 16.8% APR

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which if the following may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 da

inn [45]

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

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3 0

2 years ago

To find the break-even point for a company that sells several products, the analyst must make an assumption about what the sales

leva [86]

Answer:

True because in the case if the the company is producing single product then the method is simple. If the company is making number of products we have to assume a sales mix to calculate breakeven point. Reaching breakeven point is not easy in multi products case. To calculate breakeven point we have to calculate weighted average contribution per unit to put the values in the following formula:

Breakeven point (units) = Fixed cost/ weighted average cost per unit

7 0

3 years ago

Lumination Corporation operates one central plant that has two divisions, the Flashlight Division and the Night Light Division.

babunello [35]

Answer:

hhfjkn a hga a a a a a a a. tsiydit jlfkyfl gljfulv. yfiydiyridiydiyr oriy

5 0

2 years ago

An oligopoly firm is similar to a monopolistically competitive firm in that both firms face the prisoner's dilemma. both firms a

DerKrebs [107]

An oligopoly firm is similar to a monopolistically competitive firm in that BOTH FIRMS HAVE MARKET POWER.
Market power refers to the ability of a company to increase and maintain price above the level that would prevail under competition. When market power is exercised, it usually leads to reduced output and loss of economic welfare.

8 0

3 years ago

You want to create a portfolio equally as risky as the market, and you have $500,000 to invest. Information about the possible i

Zarrin [17]

Answer:

Let investment in C = $x

Hence, investment in risk free asset = 500,000 - (139,000+141,000+x) = $220 - $x

1 = (139,000/500,000*0.84)+(141,000/500,000*1.29)+(x/500,000*1.44)+(220,000-x)/500,000*0 [Beta of market=1 ;Beta of risk-free assets=0]

1 = 0.23352+0.36378 + (x/500,000*1.44)

1 = 0.5973 + (x/500,000*1.44)

x = (1 - 0.5973)*500,000/1.44

x = 0.4027*347222.22

x = 139826.387994

x = $139,826.39

investment in C = $139,826.39

Hence, investment in risk free asset = $(220,000-x) = $220,000 - $139,826.39

Investment in risk free asset = $80,173.61

8 0

3 years ago