Answer:
Explanation:
The best recommendation in this scenario would be to liquidate half of the money market fund and invest it in 5 year corporate debentures yielding 2.70%. This is because traditionally money market funds, although highly liquid, only offer an average of 1% return on investment for the capital invested. Investing instead in a corporate debentures yielding would net the individual more than double in ROI and hopefully cover all of the living expenses.
Answer:
The best sentence that describes the effect of the Bill of Rights is C) It guaranteed all people the rights to liberty and property. Explanation: The option C is one of the amendments
Explanation:
Answer: Believes there has been an ethical violation
Explanation: IMA's overarching ethical principles include: Honesty, Fairness, Objectivity, and Responsibility. Members shall act in accordance with these principles and shall encourage others within their organizations to adhere to them. A member's failure to comply with the following standards may result in disciplinary action.
Answer: c. The face value ($70,000), interest rate (6%), and term (120 days) are needed to calculate the maturity value of the note.
Explanation:
The Maturity Value of the note payable will be the Total Amount at the end of 120 days. This amount would be the face value of the Note plus the interest that would have accrued over these 120 days.
Maturity Value = Face Value + ( Face Value * interest rate * term)
= 70,000 + ( 70,000 * 0.06 * 120/360)
= 70,000 + 1,400
= $71,400
Option C is correct.
Answer:
A surplus exists in a market if the supply happens to be excessive
Explanation:
In a situation where there is surplus, this shows that the quantity supplied is more than the quantity demanded which would allow to incur low sales hence; there would be reduction in price in order to avert such and increase the demand.