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ioda
3 years ago
15

Homes, Inc. Kurt McKinney has just received a large inheritance and wants to have his "dream" home built. He knows exactly the a

rchitectural design he wants. He wants a particular Reflections home. The type of consumer product he wishes to buy is best classified as a(n):
Business
1 answer:
Digiron [165]3 years ago
3 0

Answer: Specialty product

Explanation: The type of consumer product he wishes to buy is best classified as a specialty product. While a product is defined as everything, both favorable and unfavorable, that a person receives in an exchange which can be tangible, intangible, a service, an idea, or a combination of these things, specialty products are products that are searched for extensively, and for which substitutes are not acceptable, may be quite expensive, and often limited in distribution.

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Assume that you have entered into a swap agreement for a notional of 100M USD under which every 6 months you agree to pay LIBOR
hodyreva [135]

Answer:

C) 0.5 USD

Explanation:

Swap is an arrangement in which two parties exchange their interest rates for mutual benefit. One party may receive fixed rate and other will receive floating rate based on LIBOR. In the given scenario the swap agreement was originated when the LIBIOR was 3%. The fixed rate was set to be at 4% so the net gain at the time of inception was 1%. When LIBOR increased after six month the net gain declined to only 0.5%.

4 0
2 years ago
$511,000 bond issue sold for $483,000. Therefore, the bonds: Multiple Choice Sold for the $511,000 face amount less $28,000 of a
Brrunno [24]

Answer: Sold at a discount because the market interest rate was higher than the stated rate. S

Explanation:

the bonds was Sold at a discount because the market interest rate was higher than the stated rate. This is as a result of the bonds issued which were at a discount having its market price way lower than its face value. Bonds tends to be sold at a discount when the market interest rate has exceeded the stated rate of the said bond.

6 0
2 years ago
A businesswoman is upset with her husband. She channels this anger into her work and increases her productivity dramatically. Th
MArishka [77]

Answer:

Sublimation

Explanation:

Sublimation is the process of channelling negative, socially-unacceptable feelings, toward productive, or socially-acceptable abilities.

The concept was developed by Freud, especially in his work "Madness and Civilization".

Freud basically said that sublimation is what allowed humans to live in society, however, he also warned that sublimation did not always work, and some people were less likely to behave than others, leading to for example, the presence of criminality and antisocial behaviour.

6 0
3 years ago
What is the Securities and Exchange Commission (SEC)?
ValentinkaMS [17]
A federal agency that regulates the stock market
7 0
2 years ago
Read 2 more answers
1. What's the term for something that seems to be contradictory, but at the same time is perfectly true?
qaws [65]

Answer:

Paradox

Explanation:

A paradox is a statement that seems to say two opposite things but may be true.

4 0
2 years ago
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