Answer:
As a Medium of Exchange
Explanation:
The four functions of money are:
- As a Medium of Exchange
- As a Measure of Value
- As a Store of Value
- As a standard of Deferred Payment.
As a Medium of Exchange
Money as a medium of exchange has its most important role of facilitating the exchange of goods and services. Hitherto before the advent of money. Trade by Barter was the only means of conducting transactions. The use of money in the exchange of gods and services solved the major difficulty encountered with the barter system, which his "Double coincidence of wants".
Money by performing its most traditional role is accepted by all irrespective of whether they need each others good or services.
However to fulfill this role or function, Money has to be generally acceptable, portable, divisible, durable, stable in value and homogeneous.
<span>True.
It's of paramount importance to respect the laws and cultures where products are being marketed because in the end the people of that land that will purchase the products.</span>
Answer:
Face value of bond = 100
Years of maturity = 4
Market value = 106
Coupon frequency = 2
Semi annual coupon = 12
1. Current yield = Semi-annual * Coupon frequency / Market value
Current yield = 12 * 2 / 106
Current yield = 0.2264150943396226
Current yield = 22.64%
2. YTM = 2*Rate(Years of maturity*Coupon frequency, Semi annual, - market value, FV, 0)
YTM = 2*Rate(4, 2, 12, -106, 100,0)
YTM = 0.2168
YTM = 21.68%
3. Capital yield = Current yield - YTM
Capital yield = 21.68% - 22.64%
Capital yield = -0.96%
Answer:
<em><u>Steps for calculating your net worth </u></em>
- List your assets.
- Total your assets.
- List your liabilities.
- Total your liabilities.
- Subtract your liabilities from your assets.
Explanation:
Net worth is calculated when knowing the value of all your assets minus the value of your total liabilities.
To make this calculation is imperative that you list assets and liabilities and totalize them to know what is the exact figures that you must use to apply the following formula:
Assets - Liabilities=Net Worth