What is the simple interest earned on $2200 at a 4.6% interest rate for 3 years? Round your answer to the nearest cent

When the interest rate increases, the opportunity cost of holding money Select one: a. decreases, so the quantity of money deman

Arada [10]

Answer:

C.

Explanation:

A higher interest rate means greater loss in money value being held by an individual. This is because the money would yield higher earnings by being in a savings account. Consequently, higher interest rate means less demand for money.

4 0

3 years ago

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If a local diner can sell 50 burgers per day at a price of $5 each, but must reduce the menu price to $4.95 to sell one more bur

wolverine [178]

Answer:

$2.45

Explanation:

The formula to compute the marginal revenue is shown below:

Marginal revenue = Change in total revenue ÷ Change in number of quantity sold

where,

Change in total revenue would be

50 burgers × $5 = $250

51 burgers × $4.95 = $252.45

So, the change in total revenue is

= $252.45 - $250

= $2.45

And, the change in number of quantity sold is

= 51 burgers - 50 burgers

= 1

So, the marginal revenue is

= $2.45 ÷ 1

= $2.45

4 0

3 years ago

What is the Total expected equity financing for Amazon’s purchase of Walmart, at the assumed 50-50% equity and debt financing de

Serggg [28]

Answer:

The correct solution is "$241,356".

Explanation:

The given values are:

Share price,

P0 = 140.50

Acquisition premium,

p = 20%

Diluted shares outstanding,

N = 2,863 MM

Now,

For Amazon, the purchase price every share will be:

⇒ $P=P0\times (1 + p)$

On putting the values, we get

⇒ $=140.50\times (1 + 20 \ percent)$

⇒ $=168.60$

The purchase consideration will be:

= $P\times N$

= $168.60\times 2,863$

= $482,702 \ MM$

So that,

The total equity financing expected will be:

= $Purchase \ consideration\times Percentage \ of \ equity \ financing$

= $482,702\times 50 \ percent$

= $241,351 \ MM$ ($)

Thus the above is the correct answer.

7 0

3 years ago

Rank the following instruments in terms of credit risk. In your rankings, use 1 for the greatest credit risk and 4 for the small

bija089 [108]

Answer:

a. A Ba1 corporate bond 2 (not investment grade)

b. A ten-year BBB- corporate bond with a YTM of 7% 3 (medium risk but still investment grade)

c. A secured loan from Argosy Gaming, which is a B- rated firm 4 (less risky since it is backed by a collateral)

d. A senior subordinated bond from Argosy Gaming 1 (highest risk)

Explanation:

There are two major bond rating agencies in the US: Moody's and Standard & Poor's.

Their rankings are very similar, although the letters vary a little:

AAA: safest

AA: low risk

A: low risk

BBB: medium risk

BB: a little bit more riskier

B: risky

CCC: very high risk

CC: even riskier

C: riskiest

D: junk, in default

8 0

3 years ago

f a business wants to sell a product or service on the Internet for the first time, the __________ would need to understand the

tiny-mole [99]

Answer:

b

Explanation:

The operational risk committee has the responsibility of maintaining and overseeing the operational risk of an organisation. They are to identify possible operational risks of all the activities of a company and take steps to mitigate and manage such risks

The functions of The operational risk committee includes :

Identify possible risks
Evaluate the risks
Develop and implement strategies needed to manage the risk
Evaluate the risk and strategize implemented regularly

3 0

3 years ago