In this case, both of the payments would be in violation of the Foreign Corrupt Practices Act. Basically this law prohibits the payment of "bribes" to any foreign official OR anyone that might have influence with a foreign official . This includes anything exchange of things of value (including services) and not limited to monetary means.
Answer:
Reinvestment risk
Explanation:
The mortgage banker would be most concerned about reinvestment risk, among other risks. Reinvestment risk relates to the inability to earn an original interest rate on an investment from periodic cash flows from the investment, thus limiting the overall rate of return on the investment.
In the question, since market mortgage rate has declined to 7.5%, the mortgage bank would have to reinvest the amount repaid from the original borrower at the new market rate, which is 1% lower than the ruling rate when the original borrower took the loan.
The problem would be compounded if the cost of funding to the mortgage bank was, for instance 8%. If that was the case, on the original loan, the mortgage bank was earning a (8.5% less 8% cost of funding =) 0.5% on the loan. However, due to the decline in market rates, the mortgage bank would have a cost of 8% compare to a market rate of 7.5% it would earn, thus resulting in a negative return of 0.5%.
I think the correct answer from the choices listed above is option A. Gross National Product or GNP is used by economists in place with GDP. Gross National Product is an expression used to measure economic growth and wealth. It includes the value of all goods and services in a given period of time.
It would be B, amount,interest,and time. I hope this helps you!
Answer:
At 6% $3,529.412 will be invested
At 11% $6,470.588 will be invested
Explanation:
Let x be the investment for 6% stock
And (10,000-x) is the investment it 11% stock
Let I be interest earned on both investments.
Using the formula
Principal(p)= Interest(I)*Rate(r)*Time(t)
p/RT= I
So considering both investments
x/(6%*1)= (10,000-x)/(11%*1)
x/0.06= (10,000-x)/0.11
Cross-multiply
0.11x= 0.06(10,000-x)
0.11x= 600- 0.06x
Rearranging
0.11x+ 0.06x= 600
0.17x= 600
x= 600/0.17= 3,529.412 amount invested at 6%
Amount invested at 11%= 10,000-3,529.412
= 6,470.588
