The answer is repeat purchasers. The people who are repeat purchasers are the ones that promotes loyalty when in terms of buying or choosing a product in which is seen in the given scenario above as they use the same product that adopted the product permanently.
If the bond's valuation is lower than the market price, you should buy it because the bond is undervalued. Additionally, the bond is overvalued and should be sold if the market price is lower than the bond price.
<h3>What is the formula for YTM?</h3>
The total rate of return that a bondholder anticipates earning if the bond is held until maturity is referred to as YTM in the context of bonds. A single Bond's YTM formula is as follows:[Annual Interest plus [(FV-Price)/Maturity]] / [(FV + Price)/2] is the yield to maturity.
<h3>What is the acronym YTM?</h3>
yield to maturity (YTM) is an estimate of a portfolio's return. It accepts that the purchaser of the security will hold it until its development date, and will reinvest each premium installment at a similar financing cost. As a result, the coupon rate is taken into account when calculating yield to maturity. The redemption yield is another name for YTM.
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Answer:
Total reserves of banks
Explanation:
To ensure that banks are do not lend all their deposit to the public as loan, they are mandated by the regulatory authority (Federal Reserve or Central Bank) to keep a certain percentage of their deposit liabilities in a liquid form to ensure they are able to meet the daily withdraw request of their customers. The entire amount set aside for this purpose by the banking system is called Total Reserves of Banks.
When consumers make withdrawals of currency from their bank deposits, the total reserves of banks will decrease because the withdraw is coming from the bank reserve. .
<span>As commercial banks keep more excess reserves, money creation will be decreased.
If the federal reserve does not control this excess, it will lower the value of the currency and will create inflation. Decreasing the money creation will limit the amount of money that could exist in the market hence preventing the devaluation of currency's value</span>
<span>Step 1:
Females who attend college = 0.80 * 0.90 = 0.72
Step 2:
Females who did not attend college = 0.80 * 0.10 = 0.08
Step 3
Male who attend College 0.20 * 0.78 = 0.156
Step 4
Male who did not attend college 0.20 * 0.22 = 0.044
So 0.044(4.4%) is the probability that the person selected is a male who did not attend college</span>