Answer: True.
Explanation:
Organized crimes are crimes carried out by well ordered groups with the sole aim of carrying out illegal activities.
Organized crimes has been around for a long time from before the Era of sea piracy uptill date.
And although the laws of most countries frown against activities of organized crime groups, the crimes continue because some individuals in the society still demand for the goods/services of organized crime, a very popular example is the demand for sex workers who are gotten from an organized crime which is sex trafficking.
Answer:
False
Explanation:
A call provision entitles the issuer of the bond the right to call or demand repayment of the bond. Bondholders do not have the right to call the bond. If bondholders do not want to hold the bond anymore they can just sell it on the secondary bond market.
Answer: Catch up effect
Explanation: As per the theory of catch up effect, the economies of the world with poor financial conditions will grow more rapidly than those of the wealthy economies.
In the given case, Hermes had a better tool per worker than the Gobbledigook, and the equal change in capital units in both economies resulted in more impact on Gobbledigook.
Thus, we can conclude that the given case illustrates catch up effect.
Answer:
E-Mini futures = $2,939.25
Contract Size = 50
Portfolio Value = $10,000,000, Beta 1.5
Target Beta 2, Planning to increase the exposure
Calculation of Number of contracts needed = [Portfolio Size x (Target Beta - Actual beta)] / Contracts Size x Future Price
= (10,000,000 x (2 - 1.5) ] / 50 x 2939.25
= (10,000,000 x 0.5) / 146962.5
= 5,000,000 / 146962.5
= 34.02228459641065
= 34
So, you need to go Long 34 contracts to Increase the exposure.
