Answer:
Option B:ABC Equity Income Fund
Explanation:
Mutual fund
This iss simply a form of an investment that comes or raises from the hands of investors, pools the money, which is directly invested on stocks, bonds, and other investments. It is said that under mutual funds, investor involved do owns a share of the fund proportionate to his/her investment but do not actually directly own securities. It pools money from investors with similar financial goals
It therefore necessary to achieve both current income and growth of income best suits the objectives and investment profile of the client. The capital appreciation and biotechnology funds not only fail to provide income; they are too risky for this retired person.
Advantages of Mutual funds
-diversification
-professional management, managers have access to high quality information
Advantage of mutual funds
1. Minimal transaction costs includes:
2. B/C mutual funds trade in high volume, they can negotiate lower transaction costs.
Answer:
c.$142,000
Explanation:
The cost of goods manufactured is a function of the direct and indirect costs incurred in the manufacturing process. This will also include the cost incurred on work in process.
As such, Given;
Cost of materials used = $45,000
Direct labor costs = $48,000
Factory overhead = $39,000
Work in process, beginning = $18,000
Work in process, ending = $28,000
The cost of goods manufactured = $45,000 + $48,000 + $39,000 + $28,000 - $18,000
= $142,000
Answer:
Explanation:
Solution:
Parameters are u = 0.1, d = −0.1, 1 + r = e
0.5×0.08. So the risk-neutral probability is
p
∗ = 0.7. After evaluation of the options at the terminal nodes we use the risk-neutral
valuation to get (i)
πC(0) = e
−2(0.5×0.08) £
0.7
2 × 21 + 2 × 0.7(1 − 0.7) × 0 + (1 − 0.7)2 × 0
¤
= 9.61
and (ii)
πP (0) = e
−2(0.5×0.08) £
0.7
2 × 0 + 2 × 0.7(1 − 0.7) × 1 + (1 − 0.7)2 × 19¤
= 1.92
(iii) For put-call parity one has to verify S − πC + πP = Ke−r
, here :
100 − 9.61 + 1.92 = 100e
−0.08
.
Cost-push inflation will reduce supply and lower real output and employment which will eventually generate an "economic recession".
<h3>What is economic recession?</h3>
The National Bureau of Economic Research (NBER) describes a recession as "a large fall in economic activity distributed across the economy, lasting more than a few months."
Some characteristics of economic recession are-
- Recessions are marked drops in economic activity that can endure for several months or even years.
- When a country's economy faces negative gross domestic product (GDP), growing unemployment, declining retail sales, and contraction income and manufacturing metrics over an extended period of time, experts declare a recession.
- Recessions are regarded as an inevitable component of the economic cycle, or the predictable rhythm of expansion and recession in a country's economy.
- The organisation bases its decision on a variety of variables, such as GDP, real income, employment, industrial production, and consumer spending.
To know more about economic recession, here
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Answer:
The Newcomen engine was used to pump water out of mines. Steam power really took off with improvements made by James Watt in 1778. The Watt steam engine improved the efficiency of steam engines considerably.