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Anna71 [15]
3 years ago
5

The UCC requires that HDCs take instruments in good faith. This means that: a.the holders must have performed a special oath bef

ore taking the instrument. b.the holders must be assured that the instrument has no defects. c.the holders must be aware that the instrument is defective. d.the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.
Business
1 answer:
guapka [62]3 years ago
6 0

Answer: d.the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.

Explanation:

For an instrument to be negotiable, it should be noted that the UCC requires that such instrument have to be signed by the maker or the drawer.

The UCC requires that HDCs take instruments in good faith. This means that the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.

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Answer:

Bond price= $1,210.4

Explanation:

Giving the following information:

Coupon rate= 0.079/2= 0.0395

YTM= 0.056/2= 0.028

Face value= $1,000

n= 13*2= 26

<u>To calculate the price of the bond, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond price= 39.5*{[1 - (1.028^-26)]/0.028} + [1,000 / 1.028^26]

Bond price= 722.67 + 487.73

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3 years ago
If insurance premiums are going to be set below the actuarially fair level for a certain group, who will likely be targeted to m
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IF THE INSURANCE PREMIUM IS TO BE SET BELOW THE ACTUARIALLY FAIR LEVEL THE GOVERNMENT AND TAX PAYERS WILL BE EXPECTED TO PAY THE FOR THE DIFFERENCE.

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Neporo4naja [7]
When people take money out of the bank, they have to pay them back with a little more and interest is why.<span />
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Answer:

The statement is true.

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