How do u write the abbreviation in full ??? Please help

Classify each statement about the Federal Reserve System as either true or false.

IceJOKER [234]

Answer:

1. The Federal Reserve was established by the U.S. Constitution in the late 1700s

Classification: False

2. The national objectives of the Federal Reserve include promoting economic growth, full employment, stable prices, and moderate interest rates.

Classification: True

3. All Federal Reserve actions are subject to veto by the executive branch.

Classification: False

4. The Federal Reserve determines monetary policy in the United States.

Classification: True

5. The Federal Reserve was created by the Federal Reserve Act of 1913.

Classification: True

8 0

2 years ago

A broker's records must be available for inspection during business hours. who inspects the records?

emmasim [6.3K]

The one responsible for inspecting the records for inspection during business hours is the commission. The commission is being defined as a person with authority or given authority in regards to working conditions in which they are responsible for inspecting the broker's records.

7 0

3 years ago

"The company will pay a dividend of $15 per share 10 years from today and will increase the dividend by 5 percent per year there

statuscvo [17]

Answer:

Current Share price= $114.21

Explanation:

The Dividend Valuation Model is a technique adopted to detremine the value of an asset. According to this model, the value of an asset is the sum of the present values of the future cash flows that would arise from the asset discounted at the required rate of return (discount rate)

The model is premised on the concept of the time value of money. The idea that $1 today is not the same as $1 tomorrow. The $1 of today is worth more than that of tomorrow; because of the opportunity to earn interest. So to determine the worth of a future cash flow, we compute its worth today- its present value.

The Present Value of a future cash flow is the amount that needs to be invested today at a particular rate of return to equal the same cash flow in the future. Present value means the value in year 0 or now

The process of calculating the present value of a future sum is called discounting. So to calculate the current stock price in this question, we shall discount the future dividends using the required rate of return and then add them together.

So if an asset (e.g a stock) promises some cash flows in the future, those cash flows need to be brought to their present values and then be added to arrive at the value of the asset

In this question, the cash flows are the dividends as given and the rate of return (discount rate) is 15%

So we apply this model as follows:

Step 1 : PV of div from year 1 to 10 = 15× ((1-1.15)^(-10))/0.15) = 75.282

Step 2:PV (in year 10)of div from year 11 onward=(15×1.05)/(0.15-0.05)= 157.5

Step 3:PV(in year 0) of div from year 11 onward = 157.5 × (1.15)^ (-10) = 38.93

Current Share price= $75.282 + $38.93 = $114.21

<em>Note:</em><em> step 3 is important because the the cash flows from year 11 onward were discounted to arrive at their values in year 10. Since we are interested in the current price i.e year 0 value, it is important that we re-discount again to bring them to their PV in year 0.</em>

8 0

2 years ago

at a world price of $5 with free and open trade, country b must import calculators. if country a has a domestic quantity demande

jeka57 [31]

In the given case, when if country b has a domestic quantity demand of 55 calculators and a domestic supply of 60 calculators country b is likely to import 5 calculators.

<h3>What are import and export?</h3>

Exports are items that are sent to be sold in other nations, whereas imports are things that are bought from other nations owing to a lack of resources or lack of understanding of how they were made.

In the given case, if country a has a domestic quantity demanded of 55 calculators and a domestic supply of 60 calculators, they have the remaining 5 calculators which they are most likely to import after fulfilling domestic needs.

Learn more about import and export, here:

brainly.com/question/26428996

#SPJ1

3 0

1 year ago

On December 31, 2021, Interlink Communications issued 6% stated rate bonds with a face amount of $119 million. The bonds mature

Tamiku [17]

Answer:

Price of the bond is $104,236,860.

Explanation:

Given:

Coupon rate is 6% or 0.06

Face value = $119,000,000

Coupon payment each year = 0.06×119,000,000

= $7,140,000

Yield to maturity = 7% or 0.007

Maturity period = 30 years

Price of bond = Present value of face value + present value of coupon payment (annuity)

Price of bond = $119,000,000_{(PV\ 30,0.07)} + 7,140,000_{(PVA\ 30,0.07)}$

PV of $1 for 7%,30 periods = 0.1314

PVA of $1 for 7%,30 periods = 12.409

Substitute the values in above formula:

Price of bond = (119,000,000 × 0.1314) + (7,140,000 × 12.409)

= 15,636,600 + 88,600,260

= $104,236,860

There will be slight difference in final answer as present value table is used. Excel spreadsheet gives an accurate answer.

So, price of bond is $104,236,860

8 0

3 years ago