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Ivahew [28]
3 years ago
7

Ecuador uses the _______ as currency.

Business
1 answer:
Karo-lina-s [1.5K]3 years ago
7 0
As of 2006, the us dollar is Ecuador 's national currency
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An investor purchases a long call at a price of $3.35. The strike price at expiration is $52. If the current stock price is $52.
alekssr [168]

Answer:Break Even Point ,BEP = $55.35

Explanation:

Break Even Point= strike price+ long call price

given that, strike price at expiration= <em>$52</em>

long call price<em>=$3.35</em>

<em>BEP = $52+$3.35</em>

<em>=$55.35</em>

The price that the stock puchased by the investor has to reach for it to break even is <em>$55.35.</em>

Although as stated in the question, the current stock price is <em>$52.10</em>.

However, if the price of the stock exceeds <em>$55.35</em>, your call option will yield more profit than you paid for it and result in a net gain

5 0
3 years ago
On January 1, 2019, Ashly Farms leased a hay baler from Agrico Company. The lease requires Ashly to make $3,000 payments on Janu
sattari [20]

Answer:

$12,112.048

Explanation:

As for the information provided:

Lease payment amount = $3,000 each.

Period of lease = 5 years

Date of payment = 1 January each year

Rate of discount = 12%

Since first payment is made today the present value factor will be 1

Thereafter the present value cumulative discount factor for other four years @ 12% = 3.037

Now net cumulative factor for all the years included the present payment to be made today = 3.037 + 1 = 4.037

Therefore, present value of all the lease payments today = $3,000 \times 4.037 = $12,112.048

Note: Present value discount factor shall be for 5 years as follows:

= \frac{1}{(1+0.12)^0} + \frac{1}{(1+0.12)^1} + \frac{1}{(1+0.12)^2} + \frac{1}{(1+0.12)^3} + \frac{1}{(1+0.12)^4}

4 0
3 years ago
In which of the following situations is having a good credit score important?
wolverine [178]
Whenever you are looking into buying big things that usually have a lasting impact, for example, a car. When looking into buying your own car, it is usually very important to the sellers that you have a good credit score so they know that you can pay your bills on time.
6 0
3 years ago
Read 2 more answers
What was an attempt to restrict a monopoly of the oil industry in the united states?.
inn [45]

A significant U.S. statute known as the Sherman Antitrust Act forbade corporations from banding together or combining to create monopolies.

<h3>What is meant by Sherman Antitrust Act?</h3>

A significant U.S. statute known as the Sherman Antitrust Act forbade corporations from banding together or combining to create monopolies. The law, which was passed in 1890, made it illegal for these organizations to dictate, regulate, and manipulate pricing in a certain market.

The Sherman Antitrust Act, a statute enacted in the United States that outlawed trusts, forced these tiny groups of independent businesses that joined to form a massive corporation and essentially established a monopoly in the oil sector to sell their shares, thereby boosting competition. This was a direct shot at American Tobacco and Standard Oil.

Therefore, the correct answer is option c. Sherman antitrust act.

The complete question is:

Which of the following was an attempt to restrict a monopoly of the oil industry in the united states?

a. Dingley Act of 1867

b. interstate commerce commission

c. Sherman antitrust act

d. McKinley tariff of 1890

To learn more about Sherman Antitrust Act refers to:

brainly.com/question/19579112

#SPJ4

5 0
2 years ago
A project sponsor is responsible for ensuring that all of the project management and technical development processes are in plac
MariettaO [177]

Answer: False

Explanation: The operations defined in the given problem are performed by the project manager and not the project sponsor.

The project manager is typically considered as the owner of the project. Its main duties relates to providing necessary resources to complete the project. On the other hand the project manager is responsible for completing the project in the way it was planned to be.

Thus, the given statement is false.

3 0
3 years ago
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