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Margarita [4]
3 years ago
8

A seller hired broker N under the terms of an open listing. While that listing was still in effect, the seller without informing

broker N, hired broker K under an exclusive right-to-sell listing for the same property. If broker N produces a buyer for the property whose offer the seller accepts, then the seller must pay a:
Business
1 answer:
ludmilkaskok [199]3 years ago
4 0

Answer:

commission to both brokers N and K.

Explanation:

Broker N is entitled to a sales commission because he/she sold the property. But broker K is also entitled to a commission because an exclusive right-to-sell agreement allows him/her to collect a commission no matter who sells the property. The only exception to the agreement would be if the seller himself/herself sold the property, but that is not the case here.

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the narnian stock market had a rate of return of 45% last year, but the inflation rate was 30%. what was the real rate of return
Virty [35]

The annual percentage of profit on an investment that has been prorated for inflation is known as the real rate of return. As a result, the real rate of return provides an accurate representation of the real purchasing power of a particular sum of money over time.

The investor can calculate how much of a nominal return is real return by adjusting the nominal return to account for inflation.

Real rate of return is one plus nominal rate of return.

(1 plus the inflation rate) (1 plus 0.45 = (1 plus 0.30)

(1 + rate of inflation)

The inflation rate is equal to [(1 + 0.45 / (1 + 0.30)]. 1 Inflation rate equals 0.1154 percent, or 11.54%

Real rate of return has the drawback that its value is unknown until after the event has taken place. That is to say, inflation is a trailing indicator for any particular period, meaning it can only be measured after the relevant period has ended.

To know more about inflation, click here:-

brainly.com/question/28190771

#SPJ4

6 0
1 year ago
Suppose that Cambodia becomes the next popular tourist destination. You notice that hotels, restaurants, and other services cost
Leokris [45]

Answer:

c) greater than 1.

Explanation:

Cambodia is a southeast country in Asia. It is a beautiful country. It is very famous for the largest Hindu temple in the world, the Angkor Wat.  

The real exchange rate or RER in finance is defined as the currency of one country will be exchange for the currency of another country. It is the value of the currency of one country in comparison to the other country's currency.

In the context, the real exchange rate of Cambodian riel will be greater than 1 as the value Cambodian riel is much lower than U.S. dollar.

8 0
3 years ago
"Consider the futures contract written on the S&P 500 index and maturing in one year. The interest rate is 3%, and the futur
Alex_Xolod [135]

Answer:

a. $2125

b. $2025

c. there is an arbitrage opportunity.

Explanation:

a. St = So x (1+ rm)-D

So = current index price = 2000

rm = return on market = 8%

D = dividends = $35

inserting into the formula:

2000x(1+0.08)-35

= $2125

b.

So x (1+rf)-D

rf = 3%

2000 x (1+0.03)-35

= $2025

c. yes there is an arbitrage opportunity. the investor should go into contract with an exercise price of 2125dollars then short sell asset in future and after this, buy back after at future market price. since actual future price is 2012 and price expected is 2125.

3 0
3 years ago
If household wealth falls by 5 percent because of declining house values, and the real interest rate falls by 2 percentage point
Arturiano [62]

Answer:

The given question is not complete. So, the correct and complete question is given below.

Suppose that consumer spending initially rises by $5 billion for every 1 percent rise in household wealth and that investment spending initially rises by $20 billion for every 1 percentage point fall in the real interest rate. Also assume that the economy's multiplier is 3.

a. If household wealth falls by 5 percent because of declining house values, and the real interest rate falls by 2 percentage points, in what direction and by how much will the aggregate demand curve initially shift at each price level? b. In what direction and by how much will it eventually shift?

The solution of this question is given below in the explanation section

Explanation:

a)If household wealth falls by 5 percent because of declining house values, and the real interest rate falls by 2 percentage points, in what direction and by how much will the aggregate demand curve initially shift at each price level?

<u>Solution:</u>

Household wealth falls by 5 percent, so the consumer spending will decline by $5 billion per 1%.

Therefore, we first calculate the declining in consumption of household.

Decline in consumption=5 billion x 5% = $250 million

So,consumption in Aggregate demand falls by $250 million .

Now, we will calculate the declineing in interest rate:

Decline in Interest rate = 2% and investment speding increases by $20 billion for every 1%

Therefore, increase in investment spending = $20 billion x 2% = $400 million

Now, we will calculate the change in aggregate demand (AD)

Change in AD = change in consumption + change in investment

= 400 - 250 million = $150 million

Initially, aggregate demand curve shifts to the right by $150 million but the shift will be bigger due to the multiplier effect.

b) Given multiplier = 3

So, Real GDP changes by $150 million x 3 = $450 million

So,initially Aggregate demand curve shift to the right by $150 million but eventually shifts to the right by $450 million due to the multiplier.

7 0
3 years ago
Michelle is typing an e-mail to team members. The e-mail includes some issues that were discussed during a meeting and decisions
MaRussiya [10]

Answer:

issues that were discussed in the meeting

Explanation:

4 0
2 years ago
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