Answer:
Appropriate funds for social programs <u>SHARED POWER</u> ⇒ THERE ARE BOTH FEDERAL AND STATE SOCIAL PROGRAMS, AND EACH ONE GATHERS FUNDS FOR THEM
Construct a new highway <u>SHARED POWER</u> ⇒ BOTH STATES AND THE FEDERAL GOVERNMENT CAN BUILD HIGHWAYS
Redesign and print the hundred-dollar bill <u>FEDERAL POWER</u> ⇒ ONLY THE FEDERAL GOVERNMENT CAN PRINT MONEY
Determine the requirements to receive a driver's license <u>STATE POWER</u> ⇒ STATE GOVERNMENTS DETERMINE THE REQUIREMENTS FOR ISSUING DRIVING LICENCES, E.G. AGE
Raise taxes <u>SHARED POWERS</u> ⇒THERE ARE FEDERAL, STATE AND MUNICIPAL TAXES, AND EVERY GOVERNMENT LEVEL DETERMINES THEIR OWN TAX RATES.
Negotiate a trade agreement with the European Union <u>FEDERAL POWERS</u> ⇒ THE COMMERCE CLAUSE ESTABLISHES THAT ONLY CONGRESS CAN REGULATE INTERSTATE COMMERCE. THE EXECUTIVE BRANCH MAY NEGOTIATE A DEAL BUT CONGRESS MUST APPROVE IT.
Explanation:
Answer:
The correct answer is "$ 30.34".
Explanation:
The value of the stock can be computed by the following formula:
⇒ ![\frac{Dividend \ in \ year \ 3}{(1 + Required \ return \ rate)2} + \frac{Dividend \ in \ year \ 4}{(1 + Required \ return \ rate)3} + \frac{Dividend \ in \ year \ 5}{(1 + Required \ return \ rate) 4 } + \frac{1}{(1 + Required \ return \ rate)4 }\times [\frac{( Dividend \ in \ year \ 5 (1 + Growth \ rate)} {( Required \ return \ rate - Growth \ rate)}]](https://tex.z-dn.net/?f=%5Cfrac%7BDividend%20%5C%20in%20%5C%20year%20%5C%203%7D%7B%281%20%2B%20Required%20%5C%20return%20%5C%20rate%292%7D%20%20%2B%20%5Cfrac%7BDividend%20%5C%20in%20%5C%20year%20%5C%204%7D%7B%281%20%2B%20Required%20%5C%20return%20%5C%20rate%293%7D%20%20%2B%20%5Cfrac%7BDividend%20%5C%20in%20%5C%20year%20%5C%205%7D%7B%281%20%2B%20Required%20%5C%20return%20%5C%20rate%29%204%20%7D%20%2B%20%5Cfrac%7B1%7D%7B%281%20%2B%20Required%20%5C%20return%20%5C%20rate%294%20%7D%5Ctimes%20%5B%5Cfrac%7B%28%20Dividend%20%5C%20in%20%5C%20year%20%5C%205%20%281%20%2B%20Growth%20%5C%20rate%29%7D%20%7B%28%20Required%20%5C%20return%20%5C%20rate%20-%20Growth%20%5C%20rate%29%7D%5D)
On putting the values, we get
⇒ ![\frac{1.50}{1.08^2} + \frac{1.60}{1.08^3} + \frac{1.75}{1.08^4 } + \frac{1}{1.08^4} \times [ \frac{( 1.75\times 1.03)}{(0.08 - 0.03)}]](https://tex.z-dn.net/?f=%5Cfrac%7B1.50%7D%7B1.08%5E2%7D%20%20%2B%20%5Cfrac%7B1.60%7D%7B1.08%5E3%7D%20%20%2B%20%5Cfrac%7B1.75%7D%7B1.08%5E4%20%7D%20%2B%20%5Cfrac%7B1%7D%7B1.08%5E4%7D%20%5Ctimes%20%5B%20%20%5Cfrac%7B%28%201.75%5Ctimes%201.03%29%7D%7B%280.08%20-%200.03%29%7D%5D)
⇒ 
⇒ 
($)
Answer:
I'm thinking C
Explanation:
This seems really written in a smart aleck way. It could be D also though.
Answer:
a) 0.0358
b) 0.0395
c) 0.1506
Explanation:
Number of clues "daily doubles" = 3
Determine the probabilities
<u>a) P(single contestant finds all three ) </u>
assuming event A= a returning champion gets the "daily double" in first trial
P(A) = 1/30 , P(~A) = 29/30
assuming event B = any player picks up "daily double" after the first move
P(B |~A ) = 1/3
hence : P ( B and ~A ) = 29/30 * 1/3 = 29/90
<em>considering second round </em>
P(player chooses both daily doubles ) = 1/3 * 1/3 = 1/9
∴ P(single contestant finds all three ) = 29/90 * 1/9 = 0.0358
<u>B) P ( returning champion gets all three ) </u>
= (1/30 + 29/90 )* 1/9
= 32 / 810 = 0.0395
<u>c) P ( each player selects only one )</u>
P = 32/405 + 29/405
= 61 / 405 = 0.1506
