Answer:
B. an interest rate paid on Eurodollar loans in the London market.
Explanation:
London InterBank Offered Rate (LIBOR)
This is simillar to the federal funds rate.
It is a rate at which banks offer fonds to other banks, thus "interbank", for short-term loans.
It is generallyaccepted to evaluate and compare interest rate and indicate the borrowing cost between banks.
<u> It is based on five currencies:</u>
- the US dollar
- the euro
- the British pound
- the Japanese yen
- and the Swiss franc
<u>Also, there are LIBOR for different maturities:</u>
- overnight,
- one week,
- one month,
- two months,
- three months,
- six months
- and a year.
Answer:
The correct answer is letter "E": all final goods and services produced within a country's borders in a year minus capital consumption allowance.
Explanation:
Net Domestic Product (NDP) is calculated by subtracting depreciation from the Gross Domestic Product (GDP). In other words, NDP measures a country's domestic production during a period minus Capital Consumption Allowance (CCA). When the NDP increases indicate the economy of a country is safe but if it decreases it implies the economy is failing.
Answer:
A.The right to choose
Explanation:
If Casio buys out all other calculator manufacturers, Casio would become a monopoly. Only Casio calculators would be available in the market and consumers can only buy Casio calculators.
The right to choose would be affected by this decision.
I hope my answer helps you
Answer:
$21,796.14
Explanation:
Use the Time Value of Money techniques to calculate the amount of each installment (PMT)
PV = $250,000
i = 6 %
n = 20
P/yr = 1
FV = $0
PMT = ?
Using a Financial calculator to input the values as above, each annual instalment/payment will be $21,796.14.
Answer:
50,400
Explanation:
We are required to
Calculate the expected bonus payment from the insurer to the 1000 policyholders in one year:
X = case of 0 accident
E[X] = 400 x P(X | low risk) + 600 x P (X | high risk)
= (400 x 0.9) + (600 x 0.8)
= 840
Expected bonus = 840 x 5 dollars x 12 months
= 50400