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meriva
3 years ago
9

The price of silver is $20 per ounce, the riskless rate of interest is 10% c.c. and storage costs are $1.00 per annum, payable q

uarterly in advance. The no-arbitrage price for a futures contract on silver with a term of 6 months is
Business
1 answer:
d1i1m1o1n [39]3 years ago
8 0

Answer:

$ 21.05

Explanation:

Thinking process:

The original price = $ 20.00

Interest  = 10 %

storage costs = $ 1.00

the new price = 0.1 × $ 20.00

                       = $ 2

However, this is paid over 6 months, so it will be = $ 2 (0.5)

                                                                                 = $ 1.00

The storage cost for 6 months = 0.5 (1.00)

                                                   = $ 0.5

The total cost at 6 months        = $ 0.5 + $ 1.00 + $ 20.00

                                                    = $ 21.05

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What can we learn from the employment data? Assume Country X has the following statistics: Total relevant population = 50,000,00
svlad2 [7]

Answer:

Country x

Population size 50,000,000

Full time students 4,200,000

Not employed & not searching 6,000,000

Not employed and searching 2,336,000

Employed 29,664,000

Labour force is defined as the population of the economy currently engaged in some employment and those jobless but available or searching for employment

Labour force is 32,000,000

Labor force participation rate is the labor force divided by the population size.

= 64%

Unemployment rate is defined as members of a country not employed and are searching or seeking employment.

= 4.7%

3 0
3 years ago
What is the best way to display data if you have more than 10 results?​
Yuri [45]
It would depend on the topic
Some options:
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3 0
3 years ago
The financial statements for Watertown Service Company include the following​ items:20172016Cash​ $46,500​ $41,000Shortminus−ter
Ivahew [28]

Answer:

The working capital for 2017 is $15,500

Explanation:

Working capital: It shows a difference between the currents and the current liabilities

In mathematically,

Working Capital = Current Assets - current liabilities

where,

Total current assets = Cash + short-term investments + net accounts receivable + merchandise inventory

= $46,500 + $24,000 + $57,000 + $158,000

= $285,500

And, the current liabilities = Accounts Payable​ + Salaries Payable

                                           = $133,500 + $17,000

                                           = $150,500

Now put these values to the above formula  

So, the value would equal to

= $285,500 - $150,500

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7 0
3 years ago
Kkenneth caplan is a salaried employee who normally works a 371⁄2-hour week and is paid a weekly salary of $675.00. the agreemen
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The gross pays is 675.00
4 0
3 years ago
Bank ABC has checkable deposits of $415 million and total reserves of $50 million. The required reserve ratio is 9 percent. The
umka21 [38]

Answer:

$12,650,000.

Explanation:

Reserves is the total amount of a bank's deposit that is not given out as loans

Reserves = Deposits - outstanding loans

Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank

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Excess reserves is the difference between reserves and required reserves

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6 0
3 years ago
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