Answer:
The M2 for October 2010 is $4.4145 trillion
Explanation:
In this question, we are asked to calculate the value of M2 for the month of October 2010. We use a mathematical approach for this;
Mathematically:
M2 = M1 + Savings deposits + Money market funds + Certificates of deposit + other time deposit
We identify the parameters in the question as follows:
Savings deposit = $989.4 billion
Money Market funds = $1.9423 trillion
Certificates of deposit = $345.6 billion
Other time deposit = $243.8 billion
M1 = $893.4 billion
We thus calculate M2 as = $989.4 billion + $1.9423 trillion + $345.6 billion + $243.8 billion + $893.4 billion = $4.4145 trillion
Answer:
<em>$111.11 or 111.11% of face value</em>
Explanation:
Assuming the face value of $100 for all bonds (without loss of generality)
If the two year coupon bond is repackaged as a one year zero coupon bond paying $12 after one year and another two year bond paying $112 after 2 years, the price of the two zero coupon bonds are given as
Price of one year Zero coupon bond = 12/1.05 = $11.43 (one year ZCB has YTM of 5%)
Price of two year Zero coupon bond = 112/1.06^2 = $99.68 (two year ZCB has YTM of 6%)
So, one can sell the repackaged bonds at a price = $11.43+ $99.68 = $111.11 or 111.11% of face value
Answer:
C
Explanation:
An unstable government is one that changes hand frequently.
<u>When something is said to be unstable, it means that thing keeps fluctuating from one situation, value, or condition to another. </u>
<em>An unstable government is one in which those at the elms of affairs keep changing at frequent intervals. With each new administrator comes new policies. Hence, there are inconsistencies in policy formulation.</em>
Correct option: C
Answer:
increase in the market value per share
Explanation:
Market value per share is the price that the share of a company can be traded if it is to be sold to a willing investor in a stock market.
The market value per share is determined by the company's financial performance, favorable market information concerning the enterprise, perceived future prospects plus investors or public confidence.
One of the goals of financial management is the maximization of the shareholders wealth, this will find expression in how the business actions or inaction of the management has enriched the shareholders.
"Guns or Butter" referrs to how you make decisions (i believe) guns you know its right or it is butter you are guessing and not sure if it is or not.