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Novay_Z [31]
3 years ago
7

The Davis-Bacon Act ________. a. increases the burden of proof on employers to rebut some discrimination claims b. requires that

mechanics and laborers on public construction projects be paid the prevailing wage in an area c. extends the prevailing-wage concept to manufacturers or suppliers of goods for government contracts d. states that income from most stock plans need not be included in calculating overtime pay
Business
1 answer:
frez [133]3 years ago
3 0

Answer:

The correct answer is b. requires that mechanics and laborers on public construction projects be paid the prevailing wage in an area.

Explanation:

The Davis-Bacon Act is a law that affects the main contractors and subcontractors that work through construction contracts with the State or political subdivisions whose amount exceeds $ 2000. This law protects construction workers such as carpenters, plumbers, power equipment operators, workers, etc. Covered workers must receive at least prevailing wage levels and supplementary benefits for similar jobs in the same location. The prevailing wage levels and benefits are determined by the Alaska Department of Labor and must be included in the contract assignment and the announced specifications.

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You purchased XYZ stock at $50 per share. The stock is currently selling at $80. You expect the stock price to go up, but not 10
Anton [14]

Answer:

"Stop-loss order" is the right answer.

Explanation:

According to the question,

Purchase price,

= $50

Current selling price,

= $80

Current gains,

= $30

  • Investors begin to give their earnings if somehow the market capitalization begins to fall beneath $80. In advance to minimize this, we need to set a purchase requisition of $80 for stop-loss.
  • So whenever the market decreases beyond $80, with us investments are traded, and thereby the existing profits of $30 have been safeguarded.

Thus, the above is the correct explanation.

4 0
3 years ago
Suppose that flu shots create a positive externality equal to $20 per shot. what is the relationship between the market equilibr
GarryVolchara [31]
The flu shots create a positive externally equal to $20 per shot. The relationship between the market equilibrium output level and the efficient equilibrium output produced is directly proportional. As the equilibrium output increases, the market equilibrium output level also increases. <span />
8 0
3 years ago
Miller Corporation has a premium bond making semiannual payments. The bond has a coupon rate of 8 percent, a YTM of 6 percent, a
noname [10]

Answer:

<em>Miller-bond</em>:

today:            $  1,167.68

after 1-year:   $  1,157.74

after 3 year:  $  1,136.03

after 7-year:  $ 1,084.25

after 11-year: $  1,018.87

at maturity:   $ 1,000.00

<em>Modigliani-bond:</em>

today:            $    847.53

after 1-year:   $    855.49

after 3 year:  $     873.41

after 7-year:  $     918.89

after 11-year: $       981.14

at maturity:   $  1,000.00

Explanation:

We need to solve for the present value of the coupon payment and maturity of each bonds:

<em><u>Miller:</u></em>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 80.000

time 12

rate 0.06

80 \times \frac{1-(1+0.06)^{-12} }{0.06} = PV\\

PV $670.7075

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   12.00

rate  0.06

\frac{1000}{(1 + 0.06)^{12} } = PV  

PV   496.97

PV c $670.7075

PV m  $496.9694

Total $1,167.6769

<em>In few years ahead we can capitalize the bod and subtract the coupon payment</em>

<u>after a year:</u>

1.167.669 x (1.06) - 80 = $1,157.7375

<u>after three-year:</u>

1,157.74 x 1.06^2 - 80*1.06 - 80 = 1136.033855

If we are far away then, it is better to re do the main formula

<u>after 7-years:</u>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 80.000

time 5

rate 0.06

80 \times \frac{1-(1+0.06)^{-5} }{0.06} = PV\\

PV $336.9891

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   5.00

rate  0.06

\frac{1000}{(1 + 0.06)^{5} } = PV  

PV $747.26

PV c $336.9891

PV m  $747.2582

Total $1,084.2473

<u />

<u>1 year before maturity:</u>

last coupon payment + maturity

1,080 /1.06 =  1.018,8679 = 1,018.87

For the Modigliani bond, we repeat the same procedure.

PV

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 30.000

time 24

rate 0.04

30 \times \frac{1-(1+0.04)^{-24} }{0.04} = PV\\

PV $457.4089

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   24.00

rate  0.04

\frac{1000}{(1 + 0.04)^{24} } = PV  

PV   390.12

PV c $457.4089

PV m  $390.1215

Total $847.5304

And we repeat the procedure for other years

7 0
4 years ago
About how many businesses of all kinds are there in the United States?
AURORKA [14]
Dont count me on this until someone seconds my answer but i think its about 50 million

8 0
3 years ago
the___is the most important fact to consider when selecting a credit card if you do not pay the balance on your credit card ever
MAXImum [283]

APR.

If you don' pay off your balance every month, you will pay interest on the remaining amount. The amount of interest is the APR, annual percentage rate. So, if you are going to be paying interest you want to make sure this rate is as low as possible!

5 0
4 years ago
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