Answer:
c. The maturity risk premium is zero.
Explanation:
Pure expectation theory states that the forward rate will represent expected future rate. Term structure is said to be a reflection of what the market expects future short term rates to be.
As future rates are expected to be the same as spot rates for that date, the theory is only applicable when there is no risk premium. That is the maturity risk premium is zero.
As early as the 1640s Swedish boat builders fabricated several small craft on the Delaware River in their short-lived New Sweden colony, but large-scale shipbuilding started when William Penn (1644-1718)<span> settled his great proprietary grant of Pennsylvania between 1681-1682 with skilled Quaker artisans and maritime merchants escaping the religious persecution (sufferings) in old Britain and seeking economic opportunity in the New World. In fact, six years before he founded Philadelphia, Penn had helped shipwright </span>James West (d. 1701)<span> develop a small shipyard in 1676 along the Delaware Riverfront in what later became Vine Street in the city of Philadelphia. Meanwhile, Penn recruited Welsh, Irish, Scot and English Quaker craftsmen who were involved in shipbuilding in Bristol, England, and more fully along the Thames River, already by 1682 a great center of ship construction and merchant houses. Indeed the Southwark section of London’s Thames riverfront soon gave rise to the Southwark shipbuilding and merchant community along the Delaware riverfront of Philadelphia. When the Philadelphia riverfront became too crowded with merchant docks and buildings for establishment of shipyards, many shipwrights moved a few miles upriver to the Kensington neighborhood that soon rivaled Southwark as a shipbuilding center on the Delaware River.</span>
Answer:1350$
Explanation:
The amount you owe in Income taxes is $1,350.
Tone of voice is simply about the attitude that's behind the statement that is made by an individual. It's important for one to smile when talking with customers.
Tone of voice is the attitude behind what a person is saying. It should be noted that the way that an individual speaks to other people matters.
It's important to use positive language. Therefore, one should avoid saying words like "we can't" etc. It's also important for one to use a friendly tone and smile at their customers.
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Answer: this stage is called Autonomous morality
Explanation:
Autonomous morality is characterized by the child's understanding that rules are made by people, for people. The child using autonomous morality is motivated by the feeling of cooperation, and tries to understand the needs, wants, and feelings of others.