Answer:
(a) 3.7
(b) 3.7
Explanation:
The unemployment rate is calculated as the ration of unemployed workers over the labor force. The labor force is the total number of employed plus unemployed workers:
![Unemployment\,Rate=\frac{Unemployed\,Workers}{Labor\,Force}=\frac{Unemployed\,Workers}{Employed\,Workers+Unemployed\,Workers}](https://tex.z-dn.net/?f=Unemployment%5C%2CRate%3D%5Cfrac%7BUnemployed%5C%2CWorkers%7D%7BLabor%5C%2CForce%7D%3D%5Cfrac%7BUnemployed%5C%2CWorkers%7D%7BEmployed%5C%2CWorkers%2BUnemployed%5C%2CWorkers%7D)
Then if there were 155 million people in the labor force and 7.4% where unemployed that means that 11.47 million people where unemployed
![0.074=\frac{Unemployed\,Workers}{155}](https://tex.z-dn.net/?f=0.074%3D%5Cfrac%7BUnemployed%5C%2CWorkers%7D%7B155%7D)
![Unemployed\,Workers=0.074*155=11.47](https://tex.z-dn.net/?f=Unemployed%5C%2CWorkers%3D0.074%2A155%3D11.47)
If unemployment rate would have been 5% we have
![Unemployed\,Workers=0.05*155=7.75](https://tex.z-dn.net/?f=Unemployed%5C%2CWorkers%3D0.05%2A155%3D7.75)
That means that 3.72 million fewer unemployed workers. Since Labor Force is the sum of unemployed and employed workers. The reduction in unemployment implies that they were now employed .
Answer:
21%
Explanation:
Given that,
Cost of share = $21.70
Expect to pay dividend in year 1 = $1.00
Expect to pay dividend in year 2 = $1.16
Expect to pay dividend in year 3 = $1.3456
Expected selling price of share at the end of year 3 = $28.15
Growth rate in Dividends:
= [(Dividend in Year 2 - Dividend in Year 1) ÷ Dividend in Year 1] × 100
= [($1.16 - $1.00) ÷ $1.00] × 100
= 0.16 × 100
= 16%
Expected dividend yield
:
= (Dividend in year 1 ÷ Cost of Share
) × 100
= (1.00 ÷ $21.70) × 100
= 0.05 × 100
= 5%
Stock's expected total rate of return:
= Expected Dividend Yield + Growth rate in Dividends
= 5% + 16%
= 21%
The answer is memos, emails, and research papers.
Answer:
Could you be more clear!?
Explanation:
Answer:
$601,600
Explanation:
$601,600 is Malone Bank's profit or loss from speculation if the spot rate 60 days from now is indeed $0.78.
I hope it will help you!