Answer: SMA Balance $40000
Explanation:
the Special Memorandum Account(SMA) Balance will remain at $40000 (1000 x $40). The SMA Balance does not decrease when the market value of the security decrease
Answer:
d. $ 9.52
Explanation:
The computation of the expected price of the stock 10 years from today is shown below:
= Dividend at year 10 ÷ (Required rate of return - growth rate)
where,
Dividend at year 10 is
= $0.45 × (1 + 0.04)^10
= $0.67
So, the expected price is
= $0.67 ÷ (11% - 4%)
= $9.52
By applying the formula we can easily find out the expected price of the stock
Answer:
Amount of interest revenue recognized 
Explanation:
Principal amount P = $88500
Rate of interest r = 7 %
Total number of days = 120
So interest 
Number of days from 8 june to 30 june = 30-8 = 22 days
So left days = 120-22 = 98 days
So amount of interest revenue recognized 
Answer:
The correct answer is c. firm-level demand
Explanation:
Demand can be defined as the quantity of goods and services that are acquired by consumers at different prices, at a specific unit of time (one day, one month, one year, etc.) since without a temporary parameter we cannot say if a Demand amount grows or decreases.
When a person chooses to buy some good, to meet his needs, he does so consciously, based on his criteria both objective and subjective; These conditions are modified according to the educational and socioeconomic level, sex, age, among other factors.