Considering the situation described above, <u>"no order will appear on the firm's internal order book after the execution."</u>
This is because the executive order is an order that guarantees that the order will be executed; this implies that order execution is conducted before execution.
Given that the order has been executed, no order will appear on the firm's internal order book after the execution.
Generally, order execution can be conducted either manually or electronically.
Hence, in this case, it is concluded that the correct answer is "<u>no order will appear on the firm's internal order book after the execution."</u>
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Answer:
10.23%
Explanation:
Formula for computation of equivalent taxable yield is r = rm/1-t. Where the tax rate is t, rm is Yield on municipal bond and r is Tax equivalent yield
r = rm/1-t
r = 6.75% / 1 - 34%
r = 6.75% / 0.66%
r = 10.22727272727273%
r = 10.23%
So, the equivalent taxable yield to a taxpayer in a combined federal plus state 34% tax bracket is 10.23%.
Answer:
improvements to the building,
Explanation:
Opportunity cost is the foregone advantage of not setting certain options in decision making. When a particular option is preferred over others, then benefit from the other options not selected are forfeited. The forfeited benefits represent the opportunity cost.
The value of opportunity cost is equated to the value of the next best alternative. Where there were more than two alternatives available, the next best alternative from the chosen option becomes the opportunity cost. In this case, improvement to the building was voted the second preferred option; hence it becomes the opportunity cost.