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grigory [225]
3 years ago
10

Which of the following is a duty of a personal finance manager?

Business
2 answers:
fredd [130]3 years ago
8 0
The anwser is trading client’s investments
denis-greek [22]3 years ago
7 0

Answer:

C. trading clients investments is the correct answer.

Explanation:

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Find the convexity of a seven-year maturity, 6% coupon bond selling at a yield to maturity of 8%. The bond pays its coupons annu
Julli [10]

Answer:

convexity = 37.6306

Explanation:

given data:

maturity time = 7 years

yield to maturity (y) = 8% = 0.08

coupon bond = 6%

price= $89.59 ( gotten from the summation of pv(cf) from the table attached below )

t = time

convexity can be found using this formula

= \frac{1}{p(1+y)^2}  *  summation of (t +t^2) * pv(cf)

= \frac{1}{89.59*(1.08)^2} * 3932.310   = 37.6306

6 0
3 years ago
Candy Cane Corporation (CCC) produces 100,000 boxes of candy bars per year which sell for $3 a box. If variable costs are $2 per
Natalija [7]

Answer:

A. shut down as fixed costs are not being covered.

Explanation:

Break-even point is a level at which the company has no profit no loss situation. Sales Excess from Break-even makes profit and short makes loss.

Sale Price = $3 per box

Variable Cost = $2 per box

Contribution margin = $3 - $1 = $1 per box

Fixed Cost = $125,000

Break-even point = $125,000 / $1 = 125,000 boxes

Sales  = 100,000 units

Short from Break-even = 125,000 - 100,000 = 25,000 boxes

Loss = $25,000 x $1 = $25,000

CCC should shut down because even fixed cost is not being covered it is short by $25,000. So this product is making loss.

6 0
4 years ago
Milk sold in clear bottles might be low in ___.
anygoal [31]
Tempurature. This is because if it is in any other container, it could absorb the sun's heat, making the milk warmer. With the clear bottle, the sun's heat will mostly pass through it.
3 0
3 years ago
Read 2 more answers
We are able to use the concepts of W (the winning coalition) and S (the selectorate) from the Selectorate Theory to make useful
Liula [17]

Answer:

False.

Explanation:

Selectorate theory differentiates between different types of dictatorships, as well as between dictatorships and democracies. The key factor that distinguishes democracies from dictatorships is the size of the winning coalition.

8 0
3 years ago
marginal cost _____ over the range of increasing marginal returns and _____ over the range of diminishing marginal returns.
Aliun [14]

Answer:

1 money

2 over

Explanation:

6 0
3 years ago
Read 2 more answers
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