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Whitepunk [10]
3 years ago
9

A regular way municipal bond trade takes place on Tuesday, August 13. Interest payment dates for the bond are February 15 and Au

gust 15. Which of the following statements are true? I. Settlement occurs prior to the interest payment date. II. Settlement occurs on the interest payment date. III. Accrued interest must be paid by the buyer. IV. No accrued interest will be paid by the buyer. (A) I and III (B) I and IV (C) II and III (D) II and IV
Social Studies
1 answer:
Monica [59]3 years ago
8 0

Answer:

(D) II and IV

Explanation:

Usually, the municipal trade are finished in three business days after the day the trade was made, the accumulated interest is paid too but it does not include the day the trade was finished.

Therefore, the trade will be finished by the date of the 15th, since the trade settles on the interest payment date and interest is paid up to but not including settlement, the interest will not be accumulated.

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Answer:

Folkway; More

Explanation:

Mores are largely observed by a given culture. It determines whether a culture is morally acceptable. Mores wields more effect than Folkways as it portrays the differences between good and bad vis-a-vis what is acceptable. Examples are our religious doctrines and the belief that discrimination based on race, color, and sex is unethical.

Folkway is a way of living, acting, and thinking in a society that is adopted and accepted over a period of time. It is the habit of people that has grown into a lifestyle due to constant use and practice. This means repetition and routines produce a Folkway. It is largely an unconscious behavior until it becomes a norm. Examples are taking turns to speak in public, waiting in line on queues, etc.

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Can corruption ever benefit a country? Explain your answer.
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Answer:

Corrupted economies are not able to function properly because corruption prevents the natural laws of the economy from functioning freely. As a result, corruption in a nation's political and economic operations causes its entire society to suffer.

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The Department of War originally oversaw the military.

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Explanation:

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