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Umnica [9.8K]
4 years ago
15

Almost without exception, when leftist leaders have been voted into power in the late 20th and early 21st centuries in Latin Ame

rica, they have upheld their allegiance to the ideals of social justice, human rights, and the elimination of the enormous socioeconomic inequities in their societies. In short, when the Left has had the power to run these nations, the inequalities of the past have been almost entirely erased.
Business
1 answer:
Otrada [13]4 years ago
4 0

Answer:

This is FALSE.

Explanation:

There were several leftist leaders in Latin American countries and most of them had mixed results in both economic and social development. Last week one of the oldest leftist leaders was ousted from power in Bolivia. During his government Bolivia had the highest economic growth rate in all Latin America and the highest increase in quality of life. It is still a mystery why things ended up so bad. Another countries that had relatively good leftist governments were Brazil, Chile and Uruguay. In Brazil things also ended up very badly, with the former president put in jail.

But virtually every other leftist president was really bad at running a government, we have the terrible examples of Venezuela, Nicaragua, Ecuador, Paraguay, Argentina, Peru, Panama, and probably a few more.

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The Nandina Corporation was formed and began operations on July 1, 2018, and incurred the following expenses during the year: St
Cerrena [4.2K]

Answer:

$110.00

Explanation:

Nandina Corporation

The amount of amortization expenses for 2018

State fees for incorporation $800

Legal and accounting fees incident to organization 1,500

Temporary directors’ fees 1,000

Total $3,300

Hence:

$3,300/180 months x 6 months

= $110.00

Therefore the amount of its amortization expense for 2018 will be $110.00

4 0
3 years ago
True or false?A call provision gives bondholders the right to demand, or "call for," repayment of a bond. Typically, companies c
Alex787 [66]

Answer:

False.

Explanation:

A call provision is a stipulation on the contract of a bond that allows the issuer to repurchase and retire debt security. A bind indenture states circumstances that can trigger a call, for example if underlying asset gets to a preset price.

In the question it stated that the bond holder can demand for a call. This is untrue as only the issuer has the right to request a call.

If the bondholder wants to dispose of his shares he will do so through the secondary market and not by requesting a call.

4 0
4 years ago
Which of the following types of insurance allows individuals to keep a former employer's group coverage for a set period of time
nordsb [41]

Answer:

group health insurance

6 0
3 years ago
A $1000 bond with a coupon rate of 6.2% paid semi annually has eight years to maturity and a yield to maturity of 8.3%. If inter
mel-nik [20]

Answer:

Correct option is (C)

Explanation:

Given:

Face value of bond (FV) = $1,000

Coupon rate = 6.2% annual and 6.2 / 2 = 3.1% semi annual

Coupon payment (pmt) = 0.031 × 1,000 = $31

Maturity period (nper) = 8×2 = 16 periods

Rate = 8.3% annual or 8.3 / 2 = 4.15%

Present value of bond can be computed using spreadsheet function =PV(rate,nper,pmt,FV)

Present value of bond when yield is 8.3% is $878.99

If ytm increases to 8.6% annual or 8.6 / 2 = 4.3% semi annual, then present value of bond will be $863.22 (using spreadsheet function again)

It can be seen that as ytm increased from 8.3% to 8.6%, price of bond fell by $15.77 approximately (878.99 - 863.22)

7 0
4 years ago
To live comfortably in retirement, you decide you will need to save $2 million by the time you are 65 (you are 30 years old toda
eimsori [14]

Answer: Please refer to Explanation

Explanation:

1) You want to have $2 million when you are 65 which is 35 years from now. The interest rate is 5% and you need to know how much to deposit per year to get to that level. The $2 million is therefore the future value of your contributions which makes this an Annuity.

To calculate for the Annuity amount use the following formula,

FV of Annuity = Annuity ( ( (1 + i)^ n -1 )/ i )

2,000,000 = A ( ( ( 1 + 5%) ^ 35 -1 ) / 5%)

2,000,000 = A ( (1.05^35 -1 )/5%)

2,000,000 = A (90.3203074)

A = 2,000,000/90.3203074

A = $22,143

You should set aside $22,143 every year.

2) The major flaw in the calculation is the assumption that the interest rates will remain the same over the 35 years. This is almost impossible and will affect the amount that would need to be deposited every year to achieve the target. If the interest rate should increase then it will increase the amount that you are to get meaning you can get more than $2 million then you would not have to deposit as much to get to $2 million. If it decreases however, you will have to deposit more to get to the required $2 million because the amount earned in interest will not enable you to get to $2 million in that timeframe. .

3 0
3 years ago
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