Answer: a. True
Explanation:
A marginal investor is a representative investor whose actions shows the belief of people who are currently trading in the stock market. The stock's price is determined majorly by the marginal investor. When the price of the stock falls, the marginal investor buys at a lower price and later sell it at a higher price when it rises. The marginal investor trades at the margin thereby setting the price. The marginal investor can influence on the pricing of its equity. You can't specifically tell who the marginal investor is in the stock market. The marginal investor can be institutional or individual. Marginal investors can be individuals inside a firm that own an equity that stands out or is significant within the firm.
Answer:
$17,000
Explanation:
Data provided in the question
Suffered amount in damage = $17,500
Book value of the truck = $40,000
And, the deductible amount = $500
So, the amount reimbursement by his policy is
= Suffered amount in damage - the deductible amount
= $17,500 - $500
= $17,000
We simply applied the above formula so that the reimbursed amount could arrive
Answer:
Include original pertinent documents.
Explanation:
My Nintendo 3DS screen went blank, and I can’t play games on it anymore. I would like to ask for a new one. Please consider the fact that my Nintendo 3DS is still under full warranty.
Answer:
d. transaction loss; $3,695
Explanation:
Calculations:
Today ¥110.58 can be exchanged by $1
<h3>US firm to pay today = 100,000,000/110.58 = 904322.66</h3>
US firm had to pay $904322.66 today.
US firm chooses to pay three months after the transaction and do not uses any hedging technique.
Three months later on settlement date ¥110.13 can be exchanged by $1, so less ¥ can be exchanged now than three months ago ( ¥110.58). Now US firm would incur transaction loss. Translation loss/gain occurs when balance sheet of a firm is converted from one currency to another.
<h3>US firm to pay 3 months later = 100000000/110.13 = 908017.79</h3>
US firm to pay $904322.66 three months later
<h3>Transaction gain/loss = $904322.66 - $908017.79 = -$3695.13 </h3>
So US firm incurs loss of $3695.13, rounded off to $3695
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