All categories

3 years ago

The federal funds rate is

Business

1 answer:

Ahat [919]3 years ago

5 0

Answer:

D. the interest rate banks charge each other for overnight loans.

Explanation:

The Federal reserve requires banks to maintain a certain minimum amount on their local Federal bank account or in their vaults each night. The remaining amount can be lent out to the public or to other commercial banks. However, if a bank is running short of funds at the end of the day, they can borrow from another bank at the overnight federal fund rate before the business opens the next day.

You might be interested in

An investor owns 200 shares of a stock that has split 2 for 1. The investor will get the additional 200 shares by_______.

Scrat [10]

Answer:

Explanation:

Given information

Number of shares owned = 200 shares

Split ratio = 2 for 1

Number of additional shares = 200 shares

The additional shares would get when the investor received the new certificate which specifies the additional shares plus the old certificate is also with the investor which decreased the par value of each share.

It is a cheaper method as compare to cancel the shares plus issuing them

6 0

3 years ago

utilizing the models of marketing communication-- tactic used in the one-to-one model which is a more personal level of marketin

Ghella [55]

Direct marketing tactic.

Direct marketing is a method used by companies that directly targets the potential customers they want to reach through things like direct mail, text advertisements, custom ads on social media, email marketing, and direct selling.

6 0

3 years ago

Read 2 more answers

Which of these are types of retail ownership? (Select all that apply.)

lisov135 [29]

Answer:

esc dont know

Explanation:

sex

8 0

2 years ago

The delegates to the Constitutional Convention were among the most educated, powerful, and wealthy citizens of the new country.

brilliants [131]

Large states felt that they should have more representation in Congress, while small states wanted equal representation with larger ones. ... Each state would be equally represented in the Senate, with two delegates, while representation in the House of Representatives would be based upon population.

7 0

3 years ago

West Corp. issued 25-year bonds two years ago at a coupon rate of 5.3 percent. The bonds make semiannual payments. If these bond

slava [35]

Answer:

4.93%

Explanation:

We use the Rate formula shown in the spreadsheet for this question

The time period is represented in the NPER.

Provided that,

Present value = $1,000 × 105% = $1,050

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 5.3% ÷ 2 = $26.5

NPER = 25 years - 2 years = 23 years × 2 = 46 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the yield to maturity is 4.93%

6 0

3 years ago