Answer:
The correct answer is letter "A": The convenience yield is always positive or zero.
Explanation:
The convenience yield reflects the premium of possessing an asset instead of one of its derivates or contracts. This situation arises in front of inverted markets, where holding the asset itself may bring more profits than purchasing a derivate of the same asset.
<em>The convenience yield tends to be positive or zero because the prices of assets cannot fall below zero. In other words, they are not negative.</em>
Answer:
E is the correct options, broad needs and many customers
Explanation:
The fact that Instructor Services offers many related services shows that its strategic intent includes providing a wide of range technologically related services which also includes sales and repairs of computers.All of these refer to the drive to fulfill many needs.
Secondly, the location of the business was a strategically crafted, in this sense that Ohio is highly populated and establishing business in such business district gives an assurance of high patronage from diverse group of many customers.
Answer:
5.38 %
Explanation:
WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt
where,
Cost of Equity = 9.00 % (given)
After tax Cost of Debt = 6% x (1 - 0.21) = 4.74 %
Market Value of Equity = 1/5 x $13 million = $2.6 million
Weight of Equity = $2.6 million / $11.6 million = 0.22
Weight of Debt = $9 million / $11.6 million = 0.76
therefore,
WACC = 9.00 % x 0.22 + 4.74 % x 0.76
= 5.38 %
thus
the company’s WACC is 5.38 %
Answer: She must continue to meet the minimum standards for license issuance.
Explanation:
Since Inez has completed the application, and also provided proof that she has satisfied the continuing education requirement, as well as paying for the renewal fee when she's applying to renew her loan originator license, it's also vital that she must continue to meet the minimum standards for license issuance.
The standards for license insurance should be met if not, she may not be able to renew her loan originator license. It should be hired that the provision of proof of continuing employment and a proof that she has no pending disciplinary issues from the previous licensing period isn't required in this case.
