Answer: review your strengths, weaknesses, and career goals
Answer: Option D
Explanation: As per the tax laws, the activities in which the taxpayer has expertise in and he or she is getting some kind of monetary benefit from performing it, then such activity will be seen as a business.
However, if the taxpayer do not repetitively perform an activity and derives no personal gain other than pleasure from performing such activity, then it will be a hobby.
Hence from the above we can conclude that the correct option is D.
Answer:
Thailand:
Opportunity cost of computers = 300/20 = 15 tons of rice
US:
Opportunity cost of computers = 800/100 = 8 tons of rice
US has a comparative advantage in production of computers
Absence of trade:
Thailand consumes 150 tons of rice, it can consume = (300 - 150)/30 x 2 = 10 computers
US consumes 50 computers, it can consume = 400 tons of rice
After trade :
10 computers exchanged for 120 tons of rice
Thailand continues to consume 150 tons of rice, it will consume = 12 computers (=10 + 30/15)
US continues to consume 50 computers, it will consume = 440 tons of rice (=120 + 40 x 8)
Both would accept the proposal as both are better off with trade
<u>Explanation:</u>
Risk is involved in all types of investment the higher risk yields higher returns while lower risk yields lower returns. The trade off which the investor faces in making investment decisions is the risk return trade off.
In insurance the cost of risk includes the expected losses which are uncertain. The trade off which is provided by insurance can be direct and indirect losses, internal risk reduction and residual uncertainty. Insurance reduces the expected losses and eliminate the risk of loss by providing cover the cost of which depends on the nature of the risk.
Answer:
Explanation:
First, find the YTM of the bond using the following inputs on a financial calculator;
N = 15*2 = 30 semiannual payments
PV= -925
Semiannual coupon payment; PMT = (8%/2)*1000 = 40
FV = 1,000
then CPT I/Y = 4.458%
Annual rate = 4.458% *2 = 8.92%
Next, use the YTM above and change the time to maturity to (15-5 )= 10 years or 20 semiannuals. Therefore, the price at year 5 will be as follows;
N = 10*2 = 20
Semiannual coupon payment; PMT = 40
FV = 1,000
Semiannual rate; I/Y = 4.458%
then CPT PV = 940.206
The price at year 5 will be $940.21
