Answer:
X = -2
Step-by-step explanation:
Expand equation:
14 + 5x - 14 = -3x - 2 - 14
Subtract 14 from both sides:
14 + 5x - 14 = -3x - 2 - 14
Simplify:
5x = -3x - 16
Add 3x to both sides:
5x + 3x = -3x - 16 + 3x
Divide both sides by 8:
8x / 8 = -16 / 8
Simplify:
X = -2
- I.A -
It is best to receive a completed purchase order before paying an invoice. A purchase order is a contract between a buyer and a supplier that lists out the items purchased by type, quantity and costs for goods and services.
Answer: A. Par
Explanation:
While US Government bonds are usually sold at auction which means a price different from Par, Federal Agency bonds operate much like Corporate Bonds in their selling procedure. They engage a group of Underwriters called a Selling group which can be made up of large banks and brokers.
These underwriters will then handle everything that have to do with the sale and sell it to the public. Like a Corporate listing, they get a commission from this.
Because of this direct sale by the Underwriter to the public, the Public is most likely to get the offering at Par.
When you invest in more than one stock it gives a better chance of getting more money than you would have, if you only did one.
Answer:
2 cents
Explanation:
The spot price = $0.7000 = 70 cents, The forward rate = $0.6950 = 69.5 cents and the call option with striking price = $0.6800 = 68.00 cents
The annualized six month rate = 3 1/2 % = 3.5 %, therefore the rate = r/n, where n is the number of period per year = 2. Therefore r/n = 3.5% / 2 = 0.035 / 2 = 0.0175
The minimum price = Maximum (spot price - striking price, (forward rate - striking price) / (1 + 0.0175), 0) = Maximum(70 - 68, (69.5 - 68)/ 0.0175, 0)
Minimum price = Maximum (2 , 1.47, 0) = 2 cents
