Answer:
Explanation: If a court had to construe a contract between Wire Co and a copper company based on industry practice. Means that A legal document that will state the entire business operation would have to be drawn down before any business transaction commences between the parties.
Answer:
E
Explanation:
As the capital asset pricing model dictates, assest's systematic risk is captured by beta parameter. If we have beta value of asset then we can calculate expected return.
- expected return = risk free rate + beta * market risk premium
As both A and B have same beta hence they have same expected returns.
Answer:
the maximum loan could bank made as the direct result of the deposit is $1,800
Explanation:
The computation of the maximum loan could bank made as the direct result of the deposit is given below:
= Deposit amount × (1 - required reserve ratio)
= $2,000 × (1 - 0.10)
= $2,000 × 0.90
= $1,800
hence, the maximum loan could bank made as the direct result of the deposit is $1,800
Answer:
The correct option is (B) $365,530.
Explanation:
In this problem we need to determine the future value, i.e. the amount at the retirement age.
The formula to commute the future value is:
![\\ FV=A[\frac{(1+r)^{n}-1}{r}]](https://tex.z-dn.net/?f=%5C%5C%20FV%3DA%5B%5Cfrac%7B%281%2Br%29%5E%7Bn%7D-1%7D%7Br%7D%5D)
Here,
A = annual investment = $5,000
r = interest rate = 8%
n = number of periods = 25
The future value is:
![\\ FV=A[\frac{(1+r)^{n}-1}{r}]\\=5000\times[\frac{(1+0.08)^{25}-1}{0.08}]\\=365529.699\\\approx365530](https://tex.z-dn.net/?f=%5C%5C%20FV%3DA%5B%5Cfrac%7B%281%2Br%29%5E%7Bn%7D-1%7D%7Br%7D%5D%5C%5C%3D5000%5Ctimes%5B%5Cfrac%7B%281%2B0.08%29%5E%7B25%7D-1%7D%7B0.08%7D%5D%5C%5C%3D365529.699%5C%5C%5Capprox365530)
Thus, the amount of money the engineer will have in the account at retirement is $365,530.
Answer:
The correct answer is letter A. They made their central banks politically independent.
Explanation:
Central banks have become independent in developed countries due to their macroeconomic stability. Thus, to maintain it, the independence of the Central Bank was adopted, and this measure would have greater control of the issuance of money by the government to finance its spending. In this sense, the independence of the Central Bank removes the influence of parliament from monetary policy decisions, and also removes the influence on managers, with parliament only overseeing, making management more technical.
