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3241004551 [841]
3 years ago
6

Kevin and Maria are building their portfolios. Kevin purchases shares in a mutual fund and pays fees to a manager who actively m

anages the mutual fund's portfolio. He does so because he believes that the manager can identify inexpensive stocks that will rise in value. Maria is not convinced. She buys shares in an index fund—a type of mutual fund that simply buys all of the stocks in a given stock index rather than actively managing a portfolio.
Business
1 answer:
tiny-mole [99]3 years ago
6 0

Answer:

Kevin builds his portfolio on the supposition that stock analysts can use fundamental analysis to identify undervalued stocks.

Maria builds her portfolio based on the notion that the stock market exhibits informational efficiency.

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The JPY/AUD spot exchange rate is 82.42, the JPY interest rate is 0.15%, and the AUD interest rate is 4.95%. If the interest rat
defon

Answer:

The answer is B. -97.7.

Explanation:

As the question gives us the spot rate, the interest rates of two countries, We can apply the covered interest parity to calculate the 90-day forward exchange rate JPY/AUD from which 90-day forward points can be derived.

F = S x ( 1+ Rjpy) / ( 1+ Raud); in which Rjpy denoted as JPY interest rate ( 0.15% per annum) while Raud is AUD interest rate ( 4.95% per annum).

F = 82.42 x (1+ 0.15% x 90/360) / ( 1 + 4.95% x 90/360) = 81.443

=> The 90-day forward points is : 100 x ( F-S) = 100 x ( 81.443 - 82.42) = -97.7

3 0
3 years ago
The nation itself with all its so called internal improvements meaning
vaieri [72.5K]

<span>Meaning our boundaries are ever-changing, defined by society, we don’t know what will happen next "so-called improvements" are only superficial, it's only a distraction, distracts oneself from the truth. The Society is unwieldy and overgrown, ruined by luxury and heedless expenses. </span>

8 0
4 years ago
In what year was the EEOC established<br> O<br> A. 1970<br> B. 1930<br> C. 2007<br> D. 1965
Maslowich

Answer:

D. 1965

Explanation:

The Civil Rights Act of 1964 is a civil rights and labor law in the United States of America that prohibits discrimination in employment, segregation in schools, and enforces the constitutional voting rights of the citizens.

The Civil Rights Act of 1964 was enacted by the 88th US Congress and signed into law on the 2nd of July, 1964 by President Lyndon B. Johnson.

The Equal Employment Opportunity Commission (EEOC) is a federal agency that was established by US Congress on the 2nd of July, 1965 based on the Civil Rights Act of 1964 so as to uphold and enforce all civil rights law against workplace discrimination by the employers or employees in the United States of America.

Equal Employment Opportunity Commission (EEOC) guidelines asserts that employers of labor wouldn't be held liable for national origin discrimination after implementing an "English-only" rule, if the employer can show that it is necessary for the following;

I. To communicate with customers who can speak English only.

II. To efficiently promote cooperative work assignments among teams (employees).

III. To enhance or facilitate safety during an emergency.

3 0
3 years ago
A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $900,000 with an estimated useful life of 1
gavmur [86]

Answer:

depreciation expense 2017 = $180,000

depreciation expense 2018 = $144,000

depreciation expense 2019 = $115,200

Explanation:

purchase cost $900,000

estimated useful life 10 years

depreciation expense using double declining method = 2 x regular straight method depreciation rate x purchase cost

depreciation expense 2017 = 2 x 1/10 x $900,000 = $180,000

depreciation expense 2018 = 2 x 1/10 x $720,000 = $144,000

depreciation expense 2019 = 2 x 1/10 x $576,000 = $115,200

8 0
4 years ago
In a fractional-reserve banking system with no excess reserves and no currency holdings, if the central bank buys $100 million w
NARA [144]

Answer:

c. reserves increase by $100 million and the money supply increases by more than $100 million

Explanation:

Based on the information given in a situation where a FRACTIONAL-RESERVE BANKING SYSTEM has no availability of EXCESS RESERVES and no CURRENCY HOLDINGS, which means that if the central bank buys BONDS that worth $100 million, the RESERVES will tend to INCREASE by the amount of $100 million while the MONEY SUPPLY on the other hand will INCREASES by more than $100 million.

4 0
3 years ago
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