All categories

3 years ago

Which payment type can help you stick to a budget everfi answer?

1 answer:

4 0

Using a debit card (instead of a credit card) can help you stick to a budget because the amount you can but is limited to only what you have in your account. A credit card has a credit limit, but you can keep racking up charges even if you don't have the money to actually pay for them because the bill won't come until later.

You might be interested in

The Toyota Production System describes processes but is also quite relevant to Human Resource considerations. If a company is im

AnnyKZ [126]

Answer:

E. All of the above characterize a TPS employee.

Explanation:

The Toyota Production System (TPS) is an integrated socio-technical system, developed by Toyota, that comprises its management philosophy and practices. The TPS organizes manufacturing and logistics for the automobile manufacturer, including interaction with suppliers and customers

5 0

4 years ago

Carol sees a beautiful dress in a store window. she says to the salesperson, "if my boyfriend asks me to attend the prom, i will

Zepler [3.9K]

Yes and no.the store will hold the dress for a certain amount of time before letting go.although whether the store really holds it would be most likely no<span />

7 0

4 years ago

A four-month European call option on a dividend-paying stock is currently selling for $5. The stock price is $64, the strike pri

timurjin [86]

The PV gain is 0.56 for an arbitrageur.

<u>Explanation</u>:

PV of the strike price is 60e-(12 $\times$ 4/12) = $57.65

PV of dividend is 0.80e-(12 $\times$ 1/12) = $0.79

where 5 < 64 - 57.65 - 0.79

The arbitrageur should buy the option and short stock, this above condition is missing in 10.8 condition.

The arbitrageur ought to contribute $ 0.79 of this at 12% for one month to deliver a profit of $0.80 in one month and the remaining $ 58.21 is put resources into four months in 12%, without considering the benefit that figures it out.

If the stock price declines below $ 60 of every four months, the arbitrageur loses $ 5 spent on the choice however gains on an extremely short position, the arbitrageur shorts when the stock price is in $ 64 and deliver profit with PV of $ 0.79 and closes the short position when the stock price is $ 60 or less because $ 57.65 is the PV of $ 60 the short position generates at least 64-57.65-0.79 = 5.56

The PV gain at least 5.56-5.00

0.56

If the stock price is above $60 at option when exercised and arbitrageur buys stock for $60 for four months and closes the short option. The PV of 60 is $57.65 and the dividend is 0.79 and gain in a short position and exercise the short option it results in 64-57.65-0.79= 5.56 and gains on PV is 5.56-5.0 = 0.56

4 0

4 years ago

Conflict is ____.

riadik2000 [5.3K]

Answer:

A. unavoidable

Explanation:

Conflict is unavoidable because it doesn't matter what you do because other people could still cause conflict with you.

8 0

3 years ago

ABC Inc needs to raise $111 million to expand operations. The CFO plans to sell 15-year zero-coupon bonds to fund the project. B

oee [108]

Answer:

$207.06 million

Explanation:

First and foremost, it should be borne in mind that the price of a zero-coupon bond is the present value of its face value since the bond does not pay any coupons over its tenor as shown thus:

PV of bonds=FV/(1+i)^n

PV of bonds=amount required=$111 million

FV=face value=the unknown

i=semiannual yield = 4.2%/2=2.1%

n=number of semiannual periods in 15 years=15*2=30

$111=FV/(1+2.1%)^30

FV=$111*(1+2.1%)^30

FV=$207.06 million

7 0

3 years ago