Answer:
$498.94
Explanation:
1 year interest rate = 5%
11 year interest rate = 7%
10 year spot interest rate at end of 1 year = [{(1+0.07)^11 / (1+0.05)}^(0.1) - 1]
10 year spot interest rate at end of 1 year = [(2.104852/1.05)^0.1] - 1
10 year spot interest rate at end of 1 year = 1.07202083615 - 1
10 year spot interest rate at end of 1 year = 0.072021
10 year spot interest rate at end of 1 year = 7.202%
Face value = $1,000
Forward Price of contract = $1000/(1+0.0720)^10
Forward Price of contract = $1000/2.00423136
Forward Price of contract = 498.944392915
Forward Price of contract = $498.94
Answer:
M1 $1.24 trillion
M2 $4.41 trillion
M1 and M2 money have several definitions, ranging from narrow to broad. M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.
Answer:
C) through public elections of local officials
Explanation:
The Cost–benefit analysis is also sometimes known as the benefit–cost analysis. It is the systematic approach in estimating the weaknesses and the strengths of the alternatives that is used to determine the options which provides the best method or approach to achieve the benefits while preserving a savings.
It is used to maximize the social welfare. It is for the optimal quantity of any public good. The cost benefit analysis of the public goods like the firework displays should be carried out by a public election of the local officials.
<span>It implies the quality management that has specific meanings for each sector of the business.
which aims to ensure good quality, but to ensure that an organization or a product is consistent, has four components that makeup Quality Planning, Quality Control, Quality Assurance and Quality Improvements.</span>
Answer:
More than a century and a half ago Thomas Carlyle defined the economy as "dismal science." This term is born from the implicit pessimism of the ideas of economist Malthus about the difficulty of growing food production at the same rate as population expansion.
More recently, Samuelson placed the origin of the discipline's sadness on the idea of budgetary constraints that would always place us in the face of confrontation between our desires and our possibilities of serving them.
It is also claimed that John Stuart Mills propitiated this term given that institutions, not race, determined why one nation became rich while others did not.