They tell you that over time they changed and their prices went lower
60% of $90,000 is: 60/100*90,000=0.6*90,000=54,000
<span>So, the sales associate plans $64,000 from the total income to come from sold listings .
</span>40% of $90,000 is: 40/100*90,000=0.4*90,000=36,000
So, the sales associate plans $36,000 from the total income to come from sales made.
<span>If the average commission from listings sold is $3,000 she must cell X=64,000/3000=21,3 ~22 listings (at least) in order to achieve her goal.</span>
Answer:
d. share profits and losses according to the state's Uniform Joint Venture Act.
Explanation:
Answer:
Determinants of Interest Rates The real risk-free rate is 4%. Inflation is expected to be 4% this year, 5% next year, and then 4.5% thereafter. The maturity risk premium is estimated to be 0.0006 × (t - 1), where t = number of years to maturity. What is the nominal interest rate on a 7-year Treasury security?
The nominal interest rate = 8.86%.
Explanation:
Average inflation premium = (4%+5%+4.5%+4.5%+4.5%+4.5%+4.5%)/7 = 31.5%/7 = 4.50%
Maturity risk premium for 7 year bond = 0.0006 * (7-1) = 0.36%
Nominal interest rate = real risk free rate + inflation premium + maturity risk premium = 4% + 4.50% + 0.36% = 8.86%.
Therefore, the nominal interest rate for the question given = 8.86%.
Answer:
The correct answer is letter "B": 75%.
Explanation:
The New York Stock Exchange (<em>NYSE</em>) is the largest, oldest and best-known stock exchange in the world. A stock exchange is a regulated auction market where stocks, bonds, and other securities are bought and sold. The total value of all outstanding shares of the NYSE listed companies is unmatched. Its listings feature some of the world's largest and best-known corporations.
Almost 1,5 billion shares (<em>around 75% of the total market transactions</em>) are traded in the NYSE every day.
