Which of the following are forms of protectionism?

Kasey Corp. has a bond outstanding with a coupon rate of 5.82 percent and semiannual payments. The bond has a yield to maturity

Vilka [71]

Answer:

The quoted price of the bond is $1,748.41

Explanation:

The quoted price of the bond can be computed using the pv formula in excel which is given below:

=-pv(rate,nper,pmt,fv)

The rate is semiannual yield to maturity since the bond pay interest semiannually,which is 6.9%/2=3.45%

nper is the number of coupon interests the bond would pay over its entire bond life which is 24 years multiplied 2 i.e 48

pmt is the coupon interest payable semiannually which is $2000*5.82%/2=$58.20

The fv is the face value of the bond at $2000

=-pv(3.45%,48,58.20,2000)=$ 1,748.41

The bond quoted price is currently $ 1,748.41

3 0

3 years ago

Open market sales shrink ________ thereby lowering ________. Group of answer choices the money multiplier; the money supply rese

alexandr1967 [171]

Answer: Reserves and the monetary base; the money supply ( please check your options, they are not clear)

Explanation:

An open market operation (OMO) is an operation by a central bank to give lquidity to a bank or receive liquidity in its currency from a bank. A central bank uses OMO as the major means of balancing monetary policy target in terms of inflation, interest rates, or exchange rates, by purchasing or selling of government securities so as to to expand or contract money in the bank system and control interest rates.

The use of open market operations as a monetary policy tool ultimately helps the Fed pursue its dual responsibilities- improving employment and influencing prices—by controlling the supply of reserves in the banking system, which leads to interest rate changes.

Open market sales therefore shrink Reserves and Monetary base thereby lowering the Money Supply.

5 0

3 years ago

Four percent of the customers of a mortgage company default on their payments. a sample of five customers is selected. what is t

Maurinko [17]

We can use the formula for binomial distribution in calculating for the probability that exactly two customers out five will default on their payments.

The formula is: P(r) = nCr*q^(n-r)*p^r
Where:
n = sample size, 5
r = successes, 2
q = failure rate, 96% = 0.96
r = success rate, 4% = 0.04

Substituting on the formula:
P = 5C2*0.96^3*0.04^2
<span>P = 0.0142 or 1.42%</span>

8 0

4 years ago

On January 1, 2021, the Taylor Company adopted the dollar-value LIFO method. The inventory value for its one inventory pool on t

marta [7]

Answer:

Taylor Company ending inventories are

2021= $380600

2022= $397850

2023= $386350

Explanation:

Kindly check attached pdf for the computation of the solution

Download pdf

3 0

3 years ago

Suppose a monopoly sells to two identifiably different types of customers, A and B, who are unable to practice arbitrage. The in

ValentinkaMS [17]

Answer:

Customer A: (-) 1.25 or 1.25

Customer B: (-) 1.49 or 1.5

Explanation:

Pa = 18 – Qa

Total Revenue, TRa = Pa × Qa

TRa = (18 - Qa) × Qa

TRa = 18Qa - Qa^(2)

Marginal Revenue, MRa = 18 - 2Qa

At equilibrium, MR = MC

18 - 2Qa = 2

2Qa = 16

Qa = 8

Substituting ‘Qa’ is demand equation

Pa = 18 - 8

Pa = $10

Pb = 10 - Qb

TRb = (10 - Qb) × Qb

TRb = 10Qb - Qb^(2)

MRb = 10 - 2Qb

10 - 2Qb = 2

2Qb = 8

Qb = 4

Substituting ‘Qb’ in demand equation

Pb = 10 - 4

Pb = $6

Elasticity of demand of type A customer:

When quantity demanded is 0, price is $18

When quantity is 8, price is $10

Elasticity of demand of A:

= [(8 - 0) ÷ 8] ÷ [(10 - 18) ÷ 10]

= 1 ÷ -0.8

= (-) 1.25 or 1.25

Elasticity of demand of type B customer :

Pb = $6, Qb = 4;

Pb = 10 - Qb

When Qb is zero, Pb = $10

Elasticity of demand of B:

= [(4 - 0) ÷ 4] ÷ [(6 - 10) ÷ 6 ]

= 1 ÷ (-0.67)

= (-) 1.49 or 1.5

7 0

3 years ago

Which of the following are forms of protectionism?​

Which of the following are forms of protectionism?