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3 years ago

The Federal Application for Student Aid (FAFSA) form:

1 answer:

6 0

The Federal Application for Student Aid (FAFSA) form: is a form that can be prepared yearly by current and prospective undergraduate and graduate college students in the U.S. to determine their eligibility for student financial aid.
 FAFSA shouldn't be confused with the CSS Profile-- a fee-based product of the College Board and usually used by colleges to distribute their own institutional funding rather than federal or state.

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The bank received and accepted a payment worth $7,200 from a customer on the company’s behalf. Which journal entry adjustment sh

krok68 [10]

Answer:

C. Accounts receivable will be credited by $7,200

Explanation:

Accounts receivable are expected payments from customers. They exist because businesses sell goods and services to customers on credit. Account receivables are asset accounts. An increase in assets accounts is debited, and a decrease is credited.

If the banks received payment from a customer, it means a customer has paid for goods sold on credit. Accounts receivable have decreased ( to be credited), but cash in the bank has increased.

5 0

3 years ago

The market demand for singing dolls is initially made up of 50 buyers. suppose there is a decrease in the number of buyers by 10

Setler79 [48]

I guess the correct answer is the quantity supplied to decrease.

The market demand for singing dolls is initially made up of 50 buyers. Suppose there is a decrease in the number of buyers by 10. Holding everything else constant, one would expect the quantity supplied to decrease.

8 0

4 years ago

The current spot exchange rate Singapore dollar against U.S. dollar (SGD/USD) is 0.6000. After considerable study, an investor c

slega [8]

Answer:

i) Investor should buy a call option as expected spot price on SGD after 90 days is 0.7 which less than the strike price 0.65 under call option.

II) Break-even price on option selected

Strike price under call option 0.65000

Add : Premium 0.00046

Break even price  0.65046

iii) Actual spot rate after 90 days 0.70000

Less: Strike price under call option 0.65000

Gross profit 0.05000

Less: Call option premium 0.00046

Net profit 0.04954

iv) Actual spot rate after 90 days 0.80000

Less: Strike price under call option 0.65000

Gross profit 0.15000

Less: Call option premium 0.00046

Net Profit 0.14954

3 0

3 years ago

A 25-year, annual coupon bond is priced at $1,105.63. The bond has a $1,000 face value and a yield to maturity of 7.28 percent.

Hunter-Best [27]

Answer:

8.21%

Explanation:

The computation of the coupon rate is given below:

But before that PMT would be determined

Given that

NPER 25

RATE 7.28%

PV $1,105.63

FV $1,000

The formula is shown below:

=PMT(RATE,NPER,PV,FV,TYPE)

The present value comes in negative

After applying the above formula, the PMT is $82.09

Now the coupon rate is

= $82.09 ÷ $1,000

= 8.21%

8 0

3 years ago

A particular security's default risk premium is 3 percent. For all securities, the inflation risk premium is 2.75 percnt and

grandymaker [24]

The calculated value of security's equilibrium rate of return is 12.35%.

Here, security's equilibrium rate of return:

= Real interest rate + inflation risk premium + default risk premium + liquidity risk premium + maturity risk premium

ij* = 2.75% + 5.50% + 3.00% + 0.25% + 0.85%

= 12.35%

Risk Premium & Security's Equilibrium Rate of Return:

Security's equilibrium rate of return is the return required by investors from investment in the security. The equilibrium rate of return is calculated by adding the risk-free rate to the sum of all risk premiums consisting of default risk, liquidity risk, maturity risk and inflation risk.

The inflation risk premium :

is a measure of the premium investors require for the possibility that inflation may rise or fall more than they expect over the period in which they hold a bond.

What is the formula of risk premium?

The estimated return minus the return on a risk-free investment is equal to the risk premium. For example, if the estimated return on an investment is 6 percent and the risk-free rate is 2 percent, then the risk premium is 4 percent.

What is security equilibrium?

Briefly, the requirement for a security equilibrium is that it is "common. knowledge" that no player will settle for a payoff, under any contingency, which is less. than his security level given the occurrence of that contingency.

The question is incomplete. Missing part of question is:

the real risk-free rate is 5.50 percent. The security's liquidity risk premium is 0.25 percent and maturity risk premium is 0.85 percent. The security has no special covenants. Calculate the security's equilibrium rate of return

Learn more about security equilibrium rate of return :

brainly.com/question/8873408

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7 0

2 years ago