It can be mutually advantageous for two nations to specialize in goods for which they have a relative advantage and then trade with one another. Absolute advantage is the basis of the potential gains from specialization and trade.
<h3>What does it mean for a producer to have comparative benefit?</h3>
Comparative advantage is a requirement of a producer where it is better suited for the production of one good than another good. Good A can be made more efficiently than good B, for example. This comparison is done in terms of the option costs of each good, not in terms of pure production costs.
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Answer:
a. $39.40 per share
b. 8.63%
Explanation:
a. The computation of the NAV of the fund is shown below:
= (Assets - liabilities) ÷ (Number of outstanding shares)
= ($200 million - $3 million) ÷ (5 million shares)
= ($197 million) ÷ (5 million shares)
= $39.40 per share
b. The computation of the premium or discount as a percent of NAV is shown below:
Since the selling price is $36 but its NAV is $39.40
So, the discount would be equal to
= $39.40 - $36
= $3.40
The discount percentage equals to
= $3.40 ÷ $39.40
= 8.63%
Answer:
11) payment history ; 111) Amounts owed
Explanation: An individual's credit score is of great importance in determining if a person should be given a loan or not. The credit score is reliant on factors such as ; the level of debt or amount owed by the account owner and the repayment history of the individual. These information are used to enable the borrower qualify for a loan while also providing the lender requisite information in evaluating if the borrower is credit worthy. An individual with a poor and untimely debt repayment history coupled with a high debt value will have a low credit score thereby hampering such individual's chances of qualifying for a loan. Similarly, borrowers with good and timely repayment history and devoid of debt may have higher chances of qualifying for more robust and long term loans.
Answer:
Explanation:
The $10,000 is the face value of the bond. Using a financial calculator, input the following to calculate the price at a year before maturity; i.e. at year 9;
Time to maturity; N = 10 - 9 = 1
Annual interest rate; I/Y = 9%
Annual coupon payment; PMT = 0
Face value of the bond; FV = 10,000
then compute present value ; CPT PV = $9,174.31
Therefore, you will pay less than $10,000 for the bond and the price would be as above $9,174.31
The lesson of eastern island was that
conservation of resources is necessary for sustainable societies. Easter Island was specified
the name rapa nui or great rapa by tahitian sailors in the 1860’s, as it
reminded them of rapa which is a small island in french polynesia and now commonly
referred to as rapa iti. T<span>he story of the easter islanders is tragic but at the
same time a good lesson for all of the people. They had a highly industrialized
civilization for about 600 years but ignored the environmental consequence of
their standard of living and broken down in catastrophe. </span>