Answer:
0.25
Explanation:
Given :
The the non defective cars =
We will consider all the defective only. This is only because the value of the used car is $ 2000 and it is lower than the price of a good car that is $10,000. Thus only defective cars are being sold as the old cars.
For a risk neutral customer, the price that he is ready to give for the new car is the reservation price of a non defective car. It means that (the amount of $ 8000 is the value of the good car x chances of getting a good car) +( the value of the bad car x chances of getting a bad car).
Since we know that x is the fraction of all the cars sold in the market are defective, it means that the fraction of the good cars is 1 - x. Thus putting the values,
= 0.25
Thus the value of :
Answer:
5.40%
Explanation:
For computing the weight, first we have to determine the total market value which is shown below:
= Number of outstanding bonds × selling price per bond + number of preferred stock × market price per share + number of common stock × par value per share
= 650 bonds × $1,007 + 2,100 shares × $68 + 42,000 shares × $44
= $654,550 + $142,800 + $1,848,000
= $2,645,350
Now the weight of preferred stock would be
= Total value of preferred stock ÷ total market value × 100
= $142,800 ÷ $2,645,350 × 100
= 5.40%
Answer:
Explanation: If a court had to construe a contract between Wire Co and a copper company based on industry practice. Means that A legal document that will state the entire business operation would have to be drawn down before any business transaction commences between the parties.
Answer:
This is supposed to be based on your own opinion
Explanation:
Answer: answer number 2
Explanation: it is the number answer 2 because you first open it then date stamp it and sort then distribute