Answer: A. low degree of substitutability.
Explanation:
Substitutability refers to the availability of alternative options to the variable in question. If something is said to be highly substitutable or to have a high degree of substitutability, then that means that it is easily replaceable because it has alternatives. The reverse holds true.
Therefore, Jamie can be said to have a low degree of substitutability because the client wants to deal with only him and if he is removed or unavailable, the company would not be able to deal with the client.
Answer:
This evaluation was prepared by a licensed real estate broker and is not an appraisal. This evaluation cannot be used for the purposes of obtaining financing.
Explanation:
Answer:
9.14%
Explanation:
Calculation for YTM
First step is to use financial calculator to find the I which represent Interest rate
FV = 1,000
PMT= 1,000*8.4%/2= 42
N= 9years*2= 18
PV= -955
Hence,
I= 4.57%
Now let calculate YTM
YTM = 4.57%*2
YTM =9.14%
Therefore YTM will be 9.14%
Answer:
A) deposits
Explanation:
In the case of the commercial banking system, the liabilities is deposits as the deposit is the amount of the depositors
So as per the given situation, the option A is correct as the deposits represents the commercial banking liabilities
hence, all the other options are incorrect
Therefore, the same is to be considered
Answer:
B
Explanation:
Mortgages prevent government regulation of property but involve higher taxes
