Answer:
8.38%
Explanation:
We use the RATE formula in this question which is presented on the attachment below:
Given that,
Present value = $1,139
Future value or Face value = $1,000
PMT = 1,000 × 9.9% ÷ 2 = $49.50
NPER = 18 years × 2 = 36 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the coupon rate is
= 4.19% × 2
= 8.38%
Answer:
Personal financial planning
Explanation:
If you plan out how you will spend, save, and invest your money, you can get to many places in live.
Answer:job enlargement
Explanation:
Job enlargement is a method of increasing motivation by combining a series of tasks into one job that is more challenging and interesting.
Answer: See explanation
Explanation:
a. What is the expected value of his investment?
Based on the information given, this will be:
= (0.29 x $26000) + (0.35 x $20000) + (0.36 x $14000)
= $7540 + $7000 + $5040
= $19580
b. What should the investor do if he is risk neutral?
If the investor is risk neutral, then he should invest $20000.
c. Is the decision clear-cut if he is risk averse?
If the investor is risk averse, then it should be noted that he should not invest $20000 since the expected value of the investment will be lesser than its investment. In this case, the decision isn't clear cut if he's risk averse.
Answer:
a. influences aggregate supply but fiscal policy influences aggregate demand.
Explanation:
Remember, when the term monetary policy is used it refers to policies that are focused on the interest rates as well as the inflation rate, which certainly affects the money supply specifically. However, the fiscal policy is usually channelled towards aggregate demand of the economy.
Thus, it is right to say that one important difference between monetary and fiscal policy is that monetary policy affects aggregate supply but fiscal policy influences aggregate demand.
