Answer: D. entered once the "RR" verifies that the CEO is an authorized trader in the account
Explanation:
The registered representative must only trade on a corporate account on orders given by a person that is authorised to do so to avoid any mismanagement.
The people authorized to do so will be listed in a Corporate Resolution issued by the Board of Directors of the company or relevant stakeholders.
The registered representative would need to check this resolution first and if they find the new CEO listed in it as authorized to make trades, the registered representative will then enter the trade.
<span>Postsecondary education is an education beyond high school.</span>
An associate degree (or associate's degree<span>) is an undergraduate academic which usually last two years or more. A bachelor’s degree </span><span>lasts for three to seven years (depending on the institution and academic discipline).</span> A master's degree is the first level of graduate study which typically requires a year and one-half to two years of full-time study while a doctorate degree is the highest level of academic degree. All these degrees: associate degree bachelor’s degree, master’s degree, and doctoral degree require<span> graduation from high school.</span>
Answer:
You will pay $744,680.85 for the policy
Explanation:
Step 1
Since cash flow is a perpetuity, we can derive the following expression;
P.V=C/r
where;
P.V=present value of the investment
C=cash flow
r=annual rate of return
In our case;
P.V=unknown
C=$35,000
r=4.7%=4.7/100=0.047
replacing;
P.V=35,000/0.047
P.V=744,680.8511
744,680.8511 rounded off to 2 decimal places=744,680.85
You will pay $744,680.85 for the policy
It should be noted that a country whose consumers are less likely to purchase nonessential products because they have a low per-capita income is considered to be Less developed country.
<h3>What is a Less developed country?</h3>
Less developed country can be regarded as this countries that have low per-capita income.
Most of the time , their consumers are less likely to purchase nonessential products.
Learn more about Less developed country at:
brainly.com/question/13171394
Answer:
Annual deposit = $326,265.88
Explanation:
<em>The amount to be set aside annually to accumulate $2.5 million in 7 years time ca n be worked out using the future value of an ordinary annuity formula.</em>
The formula is given as follows:
FV = A×( (1+r)^n - 1)/r).
A= FV/ ((1+r)^n - 1)/r
FV - Future value
A- annual deposit
n- number of years
r- rate of return
FV - $2.5 million
A- ?
n- 7
A=2,500,000 ÷ (1.03^7 - 1)/0.03 = 326,265.88
Annual deposit = $326,265.88