Answer:
The correct answer is letter "C": underwriting.
Explanation:
Underwriting is a term used most frequently in investment banking, insurance, and commercial banking. Underwriting generally means receiving remuneration for the willingness to pay a potential contingent risk or incur it. In investment banking, underwriting is the process whereby investment bankers represent corporate and government entities in the <em>Initial Public Offering</em> (IPO) of their securities.
Answer:
The future value at the end of year 4 will be $329.73
Explanation:
This can be found using the following annuity formula:
Future Value = Present Value * Annuity Factor (@2% for 4 Years)
Future Value = $80 * 4.121 = $329.73
Answer:
The performance of John and the benchmark is not correct. since John's portfolio consists of high risk binds and small cap stocks, it is not seen as a good practice in making a portfolio of small cap stocks as a benchmark
Explanation:
Solution
From the given question, my opinion towards the performance of John's is that he's claim is wrong.
The benchmark portfolio should be a good approximation of the filed/sector of your portfolio. Since the John's portfolio comprises of small cap stocks and high-risk bonds, it is not a good standard practice to make a portfolio of small cap stocks as benchmark.
Answer: $1,850 billion
Explanation:
The following were given in the question:
Currency in circulation = $950 billion
Required reserves = $60 billion
Excess reserves = $840 billion
Open market operations = $70 billion
The monetary base will be the value of all the currency in circulation plus the reserves that is held by the banks and this will be:
= $950billion + $60billion + $840billion
= $1,850 billion
The two job roles that would be associated with the job title of Internal Revenue Investigator are “Review financial records of large businesses and corporations” and “Review tax documents and returns for errors...”.
The two job roles that would be associated with a “Federal Aid Coordinator” are “Evaluate student applications for financial aid” and “Review policies and grant funds for students in need.”
The two job roles for a paralegal are “Gather evidence and prepare for court” and “Conduct research that is pertinent to a criminal case.”