Answer:
C) in swap transactions where the trader is attempting to minimize currency exposure, the actual spot and outright forward rates are often of no consequence.
Explanation:
Swap transactions occur with negotiations based on the profitability of two goods, in relation to the profitability related to the value of a currency of a given location. As the currency value of these two goods can vary significantly, the traders involved in this process always seek to minimize currency exposure, as well as real cash rates. This gives space for bank brokers to use shortened laces notation, where future price predictions are considered.
The answer is B)<span> Older persons nearing retirement and needing to know what their income will most likely be during retirement
Option D, would be wrong since without the means to have a financial planning assistant would not really be able to achieve much aside from probably saving some more money.
However, older people who are nearing retirement are probably at the top of their careers and have a lot of savings in cash, bongs, stocks and maybe even property.
It is these kinds of people who can get maximum benefit from proper financial planning.
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Answer:
a. 7.48%
Explanation:
Number of shares = $ 6,000 / $ 38.10
Number of shares = 157.48
Rate of return = [Number of shares * (Short term gans + Long term gains + ((1 - Front end load) * (Current offering price)) - Purchase price] / Purchase price
Rate of return = [157.48 * ($0.20 + $1.04 + ((1 - 0.05 ) * $41.80)) - $6,000] / $6,000
Rate of return = [157.48 * ($0.20 + $1.04 + (0.95 * $41.80)) - $6,000] / $6,000
Rate of return = [157.48 * ($1.24 + $39.71) - $6,000] / $6,000
Rate of return = $448.806 / $6,000
Rate of return = 0.074801
Rate of return = 7.48%
Answer:
Would unregulated markets produce too much or too little of Good X and Good Y, compared to the efficient output levels for these products?
Explanation:
Good X: Too Little
Good Y: Too Much
Answer:
40,000 kits
Explanation:
The computation is shown below:
Number of kits required to be sold to meet the goal = Total Contribution Margin Required ÷ Contribution Margin per Unit
where,
Total contribution margin required is
= Total fixed cost + operating income
= $250,000 + $90,000
= $340,000
And, the
Contribution Margin per Unit = Selling Price per Unit - Variable Cost per unit
= $11.50 - $3
= $8.50
So, the number of kits required is
= $340,000 ÷ $8.50
= 40,000 kits
