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Leviafan [203]
3 years ago
13

Currency held outside banks is $200 billion, money market mutual funds (retail) are $10 billion, small-denomination time deposit

s are $30 million, and saving deposits (including money market deposit accounts) are $220 billion. How much does M2 equal
Business
1 answer:
ratelena [41]3 years ago
3 0

Answer:

M2 = $470 billion.

Explanation:

M2 = Currency + Money market mutual fund + Time deposits + Saving deposits

M2 = 200 billion + 10 billion + 40 billion + 220 billion

M2 = $470 billion.

M2 is a calculation of the money supply that includes all elements of M1 as well as "near money"

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You are attempting to value a call option with an exercise price of $100 and one year to expiration. The underlying stock pays n
natka813 [3]

Answer:

$18.18

Explanation:

Calculation to determine the call option's value using the two-state stock price model

Based on the information given since the two possible stock prices are: S+ = $130 Increase and and S- = $70 decrease which means that If the exercise price is the amount of $100 the first step will be to determine the corresponding two possible call values.

First step is to determine the corresponding two possible call values.

Hence, the corresponding two possible call values are:

Cu = ($130-$100) and Cd = $0

Cu = $30 and Cd = $0

Second step is to Calculate the hedge ratio using this formula

Hedge ratio= (Cu - Cd)/(uS0 - dS0)

Hedge ratio= (30- 0)/(130 - 70)

Hedge ratio=30/60

Hedge ratio= 0.50

Third step is form the cost of the riskless portfolio and end-of-year value

Cost of the riskless portfolio = (S0 - 2C0)

Cost of the riskless portfolio = 100 - 2C0

End-of-year value =$70

Fourth step is to calculate the present value of $70 with a one-year interest rate of 10%:

Present value=$70/1.10

Present value= $63.64

Now let estimate the call option's value by first Setting the value of the hedged position to equal to the present value

Call option's value=$100 - 2C0 = $63.64

Hence,

C0=$100-$63.64/2

C0=$36.36/2

C0=$18.18

Therefore the call option's value using the two-state stock price model will be $18.18

3 0
3 years ago
A document that analyzes the current marketing situation, opportunities and threats for the firm, marketing objectives in terms
Amiraneli [1.4K]

The marketing plan, which should include <em>specific plans</em> to deal with all opportunities and threats.

5 0
3 years ago
Whistle Works sells each whistle for $12. It takes 3 ounces of metal to produce each whistle at a cost of $0.50 per ounce. They
mart [117]

The question is incomplete. The complete Question is as follows,

Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget:

Units to be produced

October 4,500

November 4,750

December 5,200

Whistle Works sells each whistle for $12. It takes 3 ounces of metal to produce each whistle at a cost of $0.50 per ounce. They prefer to have 10% of materials required for the following month's production in ending inventory as well. How many ounces of direct materials does Whistle Works need to purchase in October to meet production needs?

A) 4,500 ounces

B) 13,575 ounces

C) 13,425 ounces

D) 4,525 ounces

Answer:

Purchases = 13575 ounces

Option B is the correct answer

Explanation:

To calculate the purchases of material for October, we first need to calculate the inventory needed to produce the desired number of units in October along with the desired ending inventory and adjust it for the available opening inventory at start of October.

Material available at Start - October = 10% * 4500 units * 3 ounces per unit  Material available at Start - October = 1350 ounces

Material required at end - October = 10% * 4750 units * 3 ounces per unit

Material required at end - October = 1425 ounces

Material required to produce required units in October = 4500 * 3 = 13500

Production  =  Opening Inventory  +  Purchases  -  Closing Inventory

13500  =  1350  +  Purchases  -  1425

13500 + 1425 - 1350  =  Purchases

Purchases = 13575 ounces

4 0
3 years ago
What are the three types of inherent value money can have
Reil [10]

Answer:

commodity value, representative value, and also fiat value.

6 0
3 years ago
Ben gordon, inc. manufactures 2 products, wheels and seats. the company has estimated its overhead in the assembling department
k0ka [10]
The number of parts used for the wheels is,
                                (300,000 wheels) x (2 parts/wheel) = 600,000
For the seats,
                             (600,000 seats) x (3 parts/seat) = 1,800,00
From the calculation above, the ratio of wheels to total number of parts is 0.25 which means that the overhead allocated for the wheels should be equal to $165,000. The rest of the money should be for Sam, totaling to $495,000. 
8 0
3 years ago
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