Answer:
Monthly Interest rate = 0.475%
EAR = 5.85%
Explanation:
a.
APR = 5.7%
Monthly Interest rate = APR / n
Monthly Interest rate = 5.7% / 12
Monthly Interest rate = 0.475%
b.
APR = 5.7%
m = 12
EAR = [ ( 1 + (APR / m))^m] - 1
EAR = [( 1 + (0.057 / 12))^12] - 1
EAR = [( 1 + 0.00475 )^12] - 1
EAR = [( 1.00475 )^12] - 1
EAR = 1.0585 - 1
EAR = 0.0585
EAR = 5.85%
True monthly rate of interest is 0.475%
EAR is 5.85%
Answer:
exports are $15 billion, and imports are $10.5 billion
Explanation:
GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP = Consumption + Investment spending + Government Spending + Net Export
14 billion = 4.5 billion + $3 billion + $2 billion + Net Export
Net Export = $4.5 billion
Net Export = export - import
Net Export is positive so it indicates that exports is greater than imports.
Going through the options, it is only option d that is equal to 4.5 and the export is greater than the import.
I hope my answer helps you
Answer:
A. the markets cannot be allocationally efficient
Explanation:
If the U.S. capital markets are not informationally efficient, the markets cannot be allocationally efficient
Answer:
C. Public folders
Explanation:
A public folder is a folder that is a way that information and files can be shared quickly and easily with multiple users and groups.
In using public folder, the user simply has to move or copy a file into a public folder to make it accessible.
It is designed for shared access and to provide an easy and effective way of sharing information with other people especially in a workgroup.
Answer:
The correct option is D,the markets for bonds of different maturities are separate or segmented
Explanation:
Market segmentation theory is of the view that market for short-term and long-term bonds are segmented from each other,wherein investors with different preferences investing in different markets.
Banks for instance are short-term position takers due to their preference for liquidity and would favor investing short-term instruments like the 3-month Treasury bill such that at every point in time, there is enough cash liquidity to meet customers' request for withdrawal of funds.
On the flip side, pension fund administrators take a long-term position on investment, hence would prefer the 30-year Treasury bill since their payment of retirement benefits is usually a low portion of their total contributions received from contributors to their pension funds.
