Answer:
The correct answer is option (a).
Explanation:
According to the scenario, the given data are as follows:
Purchase Bonds = 60
Purchased bonds value = $60,000
So Purchased value of 30 bonds = $60,000 ÷ 2 = $30,000
Sold 30 bonds at value = $32,000
So, we can calculate the gain on sale by using following formula:
Gain on sale = Sold 30 bonds at value - Purchased value of 30 bonds
By putting the value, we get
= $32,000 - $30,000
= $2,000
Answer:
Cognitive dissonance
Explanation:
Cognitive dissonance is a concept of social psychology and is described as the discomfort which is felt by a person who is having conflict in values and ideas. The people in this state feel guilt, embarrassment and anger. There is a motivational drive in humans to reduce the dissonance.
Leon Festinger developed theory of cognitive dissonance to predict and explain the peoples reaction to various situations. This theory states that people have prejudice to get agreement between what they expect and the reality.
B. H0 : There is no association between race and the section of the apartment complex.
H A: There is an association between race and the section of the apartment complex.
Find the χ2 statistic
Solution
The formula for calculating χ2 statistic is given by ;
χ2∗ =∑(Oi−Ei)2/Ei, where Oi and Ei is the i^th observation and the i^th expected count
From the given data calculated the expected count using the formula; E = (row total *column total)/sample size
χ2 = 7.104439336,
χ2 = 7.104 (rounded to 3 decimal .places)
The P-value is;
Degrees of freedom = (2-1)*(2-1) = 1, χ2 = 7.1044
P-value from chi-square calculator is 0.007689
Answer:portfolio Weight of A =0.6118; portfolio Weight of B=0.3882
Explanation:
stock A Investment = Number of shares x market value
=130 x 40 = $5200
stock B investment =Number of shares x market value
110 x 30 = $3,300
Total Investments= $5200
+ $3,300 = $8,500
portfolio Weight = stock Investment / Total investment
portfolio Weight of A= 5200/ 8,500 =0.6118
portfolio Weight of B = 3,300 / 8,500 =0.3882
Answer:
a. Increase the direct costs of the state's debt.
Explanation:
When a bond's rating is downgraded is a signal to the investors that investing in the bond now is riskier than it was prior to the rating downgrade, hence, a perceived higher risk using the risk/return relationship means that the bond issue would have to offer a higher return to entice the investors to invest in the bonds.
As a result, the higher required rate of return translates into a higher direct cost of the state's debt since their interest rate offered has increased
