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Zina [86]
3 years ago
6

You own a fixed-income asset with a duration of five years. If the level of interest rates, which is currently 8%, goes down by

10 basis points, how much do you expect the price of the asset to go up (in percentage terms)
Business
1 answer:
I am Lyosha [343]3 years ago
5 0

Answer:

0.4629%

Explanation:

Given:

Duration of fixed assets (D) = 5 year

Interest rate (r) = 8% = 8/100 = 0.08

Decrease in Interest rate point(ΔY) = 10 basis = 10/100 = 0.01%

Computation:

D* = D / (1 + r)

D* = 5 / (1 + 0.08)

D* = 5 / 1.08

D* = 4.6296

Computation:

ΔP/P = D* × ΔY

= 4.6296 × 0.01%

= 0.4629%

Therefore, Price of the assets go up to 0.4629%.

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Dianne Doolittle wants to download an itemized invoice for the QuickBooks Online subscriptions on her wholesale billing account
ANTONII [103]

Answer:. CSV and PDF

Explanation:

QuickBooks is an Accounting software that was developed to mainly help small to medium size companies maintain a proper accounting system.

The Wholesale billing option enables the owner to pay the subscription for the clients that they moved to the wholesale billing list.

When downloading an itemized invoice for this there are 2 file formats that QuickBooks permits people to use which are CSV and PDF file formats.

6 0
3 years ago
A manufacturing company has a beginning finished goods inventory of $16,500, raw material purchases of $19,900, cost of goods ma
egoroff_w [7]

Answer:

Cost of goods sold=$33,100

Explanation:

Given data:

Beginning finished goods inventory=$16,500

Raw material purchases=$19,900

Cost of goods manufactured=$36,300

Ending finished goods inventory=$19,700

Required:

Cost of goods sold for this company=?

Solution:

Cost of goods sold= Beginning Inventory+Cost of f goods manufactured- Ending Inventory

Cost of goods sold=$16,500+$36,300-$19,700

Cost of goods sold=$33,100

8 0
3 years ago
How would you describe the savings rate in america compared with other industrialized countries?
Natasha_Volkova [10]
United States’ savings rate is only around 10%, much lower than any other countries. There's some reasoning behind it. In fact, countries with the highest savings rates weren’t necessarily the countries with the highest GDPs. GDP os US is $56,300 per capita but their household savings rate of just 4.9%. Also, in Hungary their GDP is $26,000 while their savings rate of 9.0%. This implies that the money they have isn't place on one nest only or put to savings, rather allocated to a much more important sectors. We should not forget taking into account their purchasing power parity, the rate a currency would have to be converted into another to buy the same amount of goods and services of the country. 
6 0
3 years ago
Seedstock producers are cow/calf producers who produce _________ for purebred or commercial operations.
saw5 [17]

Answer:

Breeding stock.

Explanation:

Seedstock producers are cow/calf producers who produce breeding stock for purebred or commercial operations.

This ultimately implies that, seedstock producers are individuals who are saddled with the responsibility producing cow/calf by making the breeding stock available for other livestock farmers. Thus, the breeding stock are the primary calves that are used for producing cattles in large quantities.

5 0
3 years ago
Entrepreneurs affect the economic decisions a country makes by:
xeze [42]

Answer:

D. identifying new ways for people to fulfill their wants and needs

Explanation:

Entrepreneurs start new businesses in society. They are quick to spot and identify needs and wants in the market. Entrepreneurs establish businesses to provide solutions to these needs and want at a profit.

Entrepreneurs use their creativity to come up with new and unique products that offer solutions to society's problems. They innovate better products and ways of offering services that are friendly and more cost-effective. Entrepreneurship goes hand-in-hand with creativity and innovation.

8 0
3 years ago
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