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oksano4ka [1.4K]
3 years ago
14

The United States has a dual banking system in the sense that

Business
1 answer:
slavikrds [6]3 years ago
4 0

Answer:

banks are chartered by the federal government and by state governments

Explanation:

Banks in the US are heavily regulated, specially by federal government entities, but also state regulatory entities.

Federal agencies that regulate banks are: the Federal Reserve System (FED), the Federal Deposit Insurance Corporation (FDIC), Securities and exchange Commission (SEC), the Office of the Comptroller of the Currency (OCC), and the Federal Financial Institutions Examination Council (FFIEC). Credit unions are regulated by the National Credit Union Administration (NCUA).

Banks are also regulated by state agencies (I guess every state has its own regulatory agency) like the California Department of Financial Institutions or the Nevada Division of Financial Institutions.

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Potter & Lopez Inc. just sold a bond with 50 warrants attached. The bonds have a 20-year maturity and an annual coupon of 12
AfilCa [17]

Answer:

$3.76

Explanation:

Calculation of the implied value of each warrant

First step is to find the straight-debt value

Straight-debt value:

N = 20

I/YR = 15

PMT = −120

FV = −1000

PV = $812.22

Using this formula

Total value = Straight-debt value + Warrant value

Where,

Total value =$1,000

Straight-debt value=$812.22

Warrant=50

Let plug in the formula

$1,000 = $812.22 + 50

Second step is to find the warrant value

Warrant value= ($1,000 −$812.22)/50

=$187.78/50

=$3.7556

Approximately $3.76

Therefore the implied value of each warrant will be $3.76

4 0
3 years ago
_____ in the emails serve the same role that headlines do in newspapers and magazines.
Anastaziya [24]

Subject lines in the emails serve the same role that headlines do in newspapers and magazines.

Subject lines are the short and single line sentence or phrase seen as the title of an email when received. They do the same purpose as that of the headlines of a newspaper. Newspaper headlines provide a brief idea of the news below it. It is also made attractive. The same goes with the subject line of an email. It needs to be catchy as well as compact. It gives the overall idea of the content of the email to the receiver.

Learn more about emails at brainly.com/question/16936700

#SPJ4

5 0
2 years ago
PLZ HELP
Kitty [74]

Answer:

200

Explanation:

8 0
3 years ago
Read the thesis statement from a historical essay. Determine which type of claim the author is making (claim of fact, definition
mafiozo [28]

Answer:

im not 100% but think this is right

Explanation:

the author is making a claim of fact, because he is claiming that  provides no economic benefits.  im not sure about the second part

5 0
3 years ago
Grocer's Choice is the largest employer in the Pacific Northwest. It is covered by numerous federal employment laws. As such, it
yawa3891 [41]

Answer:

12 weeks of unpaid family or medical leave per year.

Explanation:

The Family and Medical Leave Act was signed by President Clinton in 1993. The benefits included in the law are (per year):

  • up to 12 weeks of unpaid leave when you give birth to a child or your wife gives birth to a child (this also applies to child adoptions)
  • up to 12 weeks of unpaid leave for caring for a seriously ill relative (child, wife or parent)
7 0
3 years ago
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