1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Evgesh-ka [11]
3 years ago
12

2. "Because corporations do not actually raise any funds in secondary markets, secondary markets are less important to the econo

my than primary markets." Do you agree with this argument? Why, or why not?
Business
1 answer:
gladu [14]3 years ago
4 0

Explanation:

I disagree with this argument, it can be said that the secondary market is equally or more important than the primary market, due to the fact that it is the secondary markets that determine what will be the prices that the companies that issue bonds will sell in the primary market.

Secondary markets can also be considered to be responsible for making securities easier to sell in the primary market due to their greater liquidity.

You might be interested in
You are given two choices of​ investments, Investment A and Investment B. Both investments have the same future cash flows. Inve
valina [46]

Answer:

C. The present value of cash flows in Investment A is higher than the present value of cash flows in Investment B.

Explanation:

Typically, discount rate represents cost of capital or funds used to finance the investment. This implies that the higher the cost of capital , the lower the present value of cash inflow on the investment and vice-versa.

Hence, the present value of cash flows in Investment A is higher than the present value of cash flows in Investment B,  because A has a lower discount rate.

3 0
3 years ago
Charitable contribution
nlexa [21]
Cans of soup are charitable contributions. giving money to the poor is a form of charity.
5 0
3 years ago
Adolescence is associated with
Taya2010 [7]
Adolescence is associated with genomically patterned consolidation of the hubs of the human brain connectome

6 0
3 years ago
Read 2 more answers
Titus Company produced 5,900 units of a product that required 3.546 standard hours per unit. The standard fixed overhead cost pe
natta225 [31]

Answer:

$417 A.

It is an adverse variance.

Explanation:

Fixed factory overhead volume variance is the difference between budgeted output at 100% normal capacity and actual production volume multiplied by standard fixed overhead cost per unit.

Formula

Fixed factory overhead volume variance = (budgeted standard hours for 100% normal capacity - Actual standard output hours) × standard fixed overhead cost per unit.

Calculation

Since 5900 units of a product was produced in 3.546 standard hours per unit, total actual standard hour is therefore;

= 5900×3.546

=20,921 hours

Overhead cost per unit = $1.10 per hour

Hours at 100% normal capacity = 21,300 hours.

Recall the formula for fixed factory overhead volume variance is =(budgeted standard hours for 100% normal output- actual standard output hours)× standard fixed overhead per unit.

Therefore;

Fixed factory overhead volume variance =(21,300 hours - 20,921 hours)× $1.10

=379 hours × $1.10

=$417 A

It is therefore an adverse variance.

4 0
3 years ago
Assume you are to receive a 30-year annuity with annual payments of $2,000. The first payment will be received at the end of Yea
max2010maxim [7]

Answer:

Total FV= $678.615.02

Explanation:

<u>First, we need to calculate the value of the annuity at the end of the last payment:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {2,000*[(1.06^30) - 1]} / 0.06

FV= $158,116.37

<u>Now, the total future value after 25 years:</u>

FV= PV*(1 + i)^n

FV= 158,116.37*(1.06^25)

FV= $678.615.02

6 0
2 years ago
Other questions:
  • According to the substitution effect, a decrease in the price of a product leads to an increase in the quantity of the product d
    15·1 answer
  • What does it mean when a job application asks for names previously used?
    11·2 answers
  • A characteristic of a schedule of Accounts Receivable is that
    6·2 answers
  • If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would b
    5·1 answer
  • Suppose an institution has purchased a $250,000 mortgage loan from the loan originator and wishes to create a mortgage pass-thro
    15·1 answer
  • What would happen to the demand curve for movie tickets if the cost of making movies increased sharply? 2. What would happen to
    11·1 answer
  • Suppose the United States can produce two goods, cloth and tea. Suppose there was a technological breakthrough in making cloth O
    11·1 answer
  • A company's strategy has a chance of succeeding only when it is predicated on:
    13·1 answer
  • Tamarisk Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 3
    8·1 answer
  • What is one of the key goals of unions?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!