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3 years ago

Kendall executes a separate written instrument to amend her prior will. This separate document is a:

Business

1 answer:

iragen [17]3 years ago

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Answer:

The correct answer is (a)

Explanation:

A codicil is an additional method which is used to amend, transform and modify the original will. It is also used to change the executor of the will. A codicil is only valid if the new changes are made by considering the original will. It helps to make changes in the will without writing down a completely new one.

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You are given the following information about a portfolio you are to manage. For the long term, you are bullish, but you think t

Ira Lisetskai [31]

Answer:

sell 1.714

Explanation:

The computation of the number of contract buy or sold to hedge the position is shown below:

As we know that

Number of contracts = Hedge Ratio

Hedge Ratio = Change in Portfolio Value ÷ Profit on one future contract

where,

Change in the value of the portfolio is

For that we need to do following calculations

Expected Drop in Index is

= (1200 - 1400) ÷ 1400

= -14.29%

And, Expected Loss on the portfolio is

= Beta × Expected index drop

= 0.60 × (-14.29%)

= -8.57%

So, the change is

= 1000000 × (-8.57%)

= -$85,700

And, the profit is

= 200 × 250 multiplier

= 50,000

So, the hedging position is

= -$85,700 ÷ 50,000

= -1.714

This reflects the selling position

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3 years ago

The Higgins Company has just purchased a piece of equipment at a cost of $120,000. This equipment will reduce operating costs by

Maru [420]

Answer:

B. 2.8 years

Explanation:

Initial investment = -120,000+ 8,000 = -112,000

Yr 1 cash inflow = 40,000, hence net CF = 40,000-112,000 = -72,000

Yr 2 cash inflow = 40,000, hence net CF = 40,000- 72,000 = -32,000

Yr 3 cash inflow = 40,000, hence net CF = 40,000-32,000 = 12,000

Payback period = last year with negative net CF + (absolute net CF that year/ total CF the following year)

= 2 + (32,000/40,000)

= 2 + 0.8

= 2.8 years

3 0

4 years ago

You've started using the sq3r method of learning. after surveying a reading assignment, you go to the next step, which does this

Blababa [14]

You've started using the sq3r method of learning. after surveying a reading assignment, you go to the next step, <span>Reading the headings and turning them into question.</span>

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3 years ago

The Blackburn Group has recently issued 20minusyear, unsecured bonds rated BB by Moody's. These bonds yield 443 basis points a

MArishka [77]

Answer:

Explanation:

First, convert the basis points to a percentage or decimal;

1 basis point = 0.01% or 0.0001 as a decimal

Then 443 basis points as a decimal will be;

443 *0.0001 = 0.0443 or 4.43% as a percentage

Next, since the BB bond is 4.43% above the U.S. Treasury yield of 2.76%, find the Yield to maturity(YTM) by adding the 4.43% to the 2.76%;

YTM = 2.76% + 4.43%

YTM = 7.19%

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3 years ago

An example of a personal skill is

SVEN [57.7K]

Answer:

Well, Personal skills refer to the inner abilities. Examples of personal skills include the ability to communicate with others, Leadership skills, or Management skills.

3 0

3 years ago