This kind of person in business terminology is called a free rider.
Answer:
The correct answer is 8%.
Explanation:
According to the scenario, the computation of the given data are as follows:
Let 1 year Treasury securities = t
So, Four year Treasury = [(Yield of 3 years Treasury × No. of year) + ( t × No. of year)] ÷ Number of year
So, by putting the value, we get
6.5% = [(6% × 3) + ( t × 1)] ÷ 4
[(6% × 3) + t] = 6.5% ×4
t = 8%
So, the rate on 1-year Treasury securities three years from now is 8%.
Answer:



I used the relative frequency method
Explanation:
To solve this question we can use the relative frequency to find out each probability. The relative frequency is the ratio of the occurrence of each event and the total number of outcomes.
Here the experiment has been repeated 50 times, so that is the total number of outcomes and the denominator. There are 3 possible events E1, E2, and E3, so we can calculate the ratios to get the probabilities
Event E1 occurred 20 times of the 50: 
Event E2 occurred 13 times of the 50: 
Event E3 occurred 17 times of the 50: 
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