When Federal reserve banks purchase government securities from commercial banks, they increase the reserves in the banking system and they also increase the lending ability of the commercial banks.
If the Federal reserves want to increase the reserves, what they do is to buy securities. They then make a deposit to the account held at the commercial bank.
An example is if the Feds should buy securities of 1000 dollars, the bank would be having an excess of 1000 dollars to lend.
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Answer:
$23.25
Explanation:
the maximum that you would be willing to pay for a stock of Universal today can be determined using the multistage dividend discount model
The first step is to find the present value of the dividends over the next four years :
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = $8
Cash flow in year 2 = $4
Cash flow in year 3 = $2
Cash flow in year 4 = $2
I = 15%
Present value = $12.44
Next we would find the present value of the perpetual growth of dividend
($2 x 1.04 ) / 0.15 - 0.04 = 18.91
the present value of this amount = $18.91 / = $10.81
Maximum value = $12.44 + $10.81 = $23.25
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
The champion for the city may be the same person as the champion for the entire ir function—typically, the chief information officer.
A champion is a winner or someone who is good at something. If you are a chess master, you are a superstar! Celebrate your team's victory as viewers sing "We are the Champions" by Queen at a football game. The word champion comes from the Latin campionem, which means "gladiator, fighter". Ra!
All champions have tremendous courage to pursue their goals. you are not afraid to fail. You take calculated risks. Be considerate of each member of your team and treat everyone with respect
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Answer:
True.
Explanation:
In word processing software, there will be a default style applied to all text that can then be modified to fit your document.
c. Sailors would be the correct answer
