Answer:
$45.28
Explanation:
The computation of price of a forward contract is shown below:-
Cash flows Future Value Amount Amount
A $45.60 $45.6 × exponential(0.021 × 2) $47.55599
B $1.10 $1.10 × exponential(0.021 × 1) $1.123344
C $1.15 $1.15 × exponential(0.021 × 0) $1.15
So, The value of forwards contract = Amount of A - Amount of B - Amount of C
= $47.55 - $1.12334 - $1.15
= $45.28
Answer: $4,690
Explanation:
From the above, Chuck can include the following with his itemized deductions,
County Real Estate Tax,
School District Tax on Realty,
State Income Tax estimated Payments and
State income tax withholding.
Calculating the above,
= 950 + 670 + 1,010 + 2,060
= $4,690
the amount of taxes that Chuck can include with his itemized deductions is $4,690.
<span>This illegal process is known as churning. By making trades over and over again, the stockbroker is receiving more commissions from all the trades, hurting the client. Churning can be thought of as continually turning over the contents of a portfolio.</span>
It’s cheaper for them to buy so they end up profiting more.
