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AlladinOne [14]
2 years ago
7

Suppose that the cost of refining oil increases from $15 to $25 for each barrel of heating oil produced. assuming that the rest

of the determinants of supply and demand for heating oil remain equal to their initial values, the market will eventually reach a new equilibrium price of
Business
1 answer:
gavmur [86]2 years ago
5 0
The price is 40 dollars because you have to plus it
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Abstractions, Heuristics, and Insilications! ;D
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3 years ago
Explain how a company will “go public” by issuing an IPO.
user100 [1]

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They offer shares and release their company on the stock market to be publicly traded.

Explanation:

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If you cannot make a tax payment in full, what is the BEST next step to take?
alexira [117]

Answer:

Contact the IRS to see if there is a payment plan that works for you.

Explanation:

In a situation where someone determines that they cannot pay the tax liability, it is advisable to still file the tax return by the stipulated deadline. Additionally, contact the Internal Revenue Services(IRS) and explain your situation; they most likely have other payment plans that would work for you. Ignoring the tax bill and hoping that IRS will overlook it can lead to penalty; this might be very costly.

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3 years ago
Answer the question on the basis of the following information for a bond having no expiration date: bond price = $1,000; bond fi
Olin [163]

Answer:

b) fall to 8 percent.

Explanation:

First, irrespective of the duration of the bond, if the price is equal to the bond's face value, it means that the coupon rate is equal to the yield to maturity (YTM).

Initial YTM = 10%

Since this is a perpetually coupon paying bond, you use PV of perpetuity  to find the rate;

PV = Coupon PMT / rate

Given PV as $1,250, new annual rate would be;

1,250 = 100/rate

solve for rate by cross multiplying;

1,250rate = 100

divide both sides by 1,250

rate = 100/1,250

rate = 0.08 or 8%

Therefore, the

interest rate would fall to 8 percent.

7 0
3 years ago
The head teller of a bank embezzled $50,000 from the bank. Which insuring agreement in a financial institution bond is designed
PIT_PIT [208]

Answer:

Fidelity Bond

Explanation:

Based on the information provided within the question it can be said that the type of insurance that covers this is a Insuring Agreement called a Fidelity Bond. This is a type of insurance that covers the buyer of the policy from any losses that they may incur from a specific individual that works for them embezzling money or doing any other fraudulent behavior. Similar to what the head teller did to the bank in this scenario.

4 0
3 years ago
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