Answer:
1,011.429 dollars
Explanation:
The dealer is willing to sale bond (we purchase from the dealer) at the ask price
In this case 1,011.429 dollars per bond.
If anyone want's to purchase those bonds will have to pay this amount per bond.
The opposite to the ask price is the bid price, which is the price at which the dealer is willing to purchase bond (we sale it to the dealer).
Hey there,
Getting the first job would probably be the hardest. So the answer is C.
Hope this helped, have a great day :)
Answer:
Luana will save $2,493.522
Explanation:
Given:
Luana will deposit $570 every year for 4 years. This is an annuity as same amount is deposited every year.
Rate is 6% or 0.06
We have to compute Luana's savings at the end of 4th year.
Refer future value of annuity factor table at 6%, 4th year. Annuity factor is 4.3746.
Savings = Yearly deposit × Annuity factor
= 570 × 4.3746
= $2,493.522
Therefore, Luana will save $2,493.522 by the end of 4 years.
Answer:
False
False
Explanation:
Monopolistic competition is a type of imperfect market where there are many seller competing with each other but with differentiated products. Monopolistic competition is socially inefficient. The product variety externality implies that there is too little entry of new firms in the market.
