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Alexxx [7]
3 years ago
10

suppose that a commercial bank wants to buy treasury bills. these instruments pay $500 in one year and are currently selling for

5012. what is the the yield to maturity
Business
1 answer:
Yuliya22 [10]3 years ago
5 0

Answer:

9.98%

Explanation:

YTM is the estimated return expected from an investment held until its maturity. it is a long term yield which is expressed in annual term

Annual Payment = $500

Current price = $5,012

Yield to maturity = ( Annual payment / Current price ) x 100

Yield to maturity = ( $500 / $5,012 ) x 100

Yield to maturity = 0.0998

Yield to maturity = 9.98%

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Organizations periodically have an external entity review the controls so as to uncover any potential problems in the controls.
vivado [14]

Answer: information system audit

Explanation:

The information system audit is the process through which organizations periodically have an external entity which helps in reviewing the controls in order to uncover any potential problems in the controls

In order to know how effectivene the information system controls is, the information systems audit is vital. It is required to verify the accounting records of an organization as well as the financial statements.

8 0
3 years ago
Which is a possible benefit of having a good credit history?
agasfer [191]

Answer:

obtaining a low interest rate on a loan

Explanation:

7 0
3 years ago
Read 2 more answers
The individual firm in a purely competitive labor market faces:
Reptile [31]

Answer:

The correct answer is D. perfectly elastic labor supply curve and a downsloping labor demand curve.

Explanation:

The basis of the model is the assumption that no player in the market is large or strong enough to be able to control the industry. There are many buyers and sellers, and each one is small. Companies can sell any amount of production at market prices. Companies in this form of market face a horizontal demand curve, and all companies produce a homogeneous product.

A large number of small sellers and buyers exist in this type of market. No entity is so powerful that it can change the face or direction of the industry. No company can produce any control over the price or quantity of the product. Although each company increase or decrease prices and production, the industry as a whole remains unchanged.

8 0
3 years ago
when the u.s. gives foreign aid to developing nations in africa, which of the following balance of payments account is affected?
rusak2 [61]

'When the U.S. gives foreign aid to developing nations in Africa,  the balance of payments current account is affected .

In economics, a country's current account balance records the value of imports and exports of goods and services, and the international transfer of capital. It is one of the two components of the balance of payments, the other being the capital account.

Checking accounts are opened by business people who have many regular transactions with the bank. This includes deposits, withdrawals and counter transactions. Also known as an overnight savings account. A checking account can be opened at a cooperative bank or a commercial bank.

A checking account, also known as a financial account, is a type of savings account held by an individual who makes a significant number of transactions with the bank on a regular basis. This will be made by the bank at the request of the applicant and will be available for frequent or immediate access.

Learn more about current account brainly.com/question/24848903

#SPJ4

3 0
1 year ago
Nancy owns a small dress store. During 2015, Nancy gives business gifts having the indicated cost to the following individuals:
OverLord2011 [107]

Answer:

b. $50

Explanation:

Calculation for the amount of Nancy's deduction for business gifts

Deduction for business gifts=($37+$10-$22)+$3+$22

Deduction for business gifts=$25+$3+$22

Deduction for business gifts=$50

Therefore the amount of Nancy's deduction for business gifts will be $50

3 0
2 years ago
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