Answer:
Economies based on the exploration of raw materials were established in Sub-Saharan Africa.
Answer:
$4,238.05
Explanation:
The computation of the present value is shown below:
Years Cash flows Discount factor @7% Present value
1 $850.00 0.9345794393 $794.39
2 $1,190.00 0.8734387283 $1,039.39
3 $1,450.00 0.8162978769 $1,183.63
4 $1,600.00 0.762895212 $1,220.63
Total present value $4,238.05
Answer:
a.
Explanation:
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Answer:
The answer is D.
Explanation:
Short selling is a trading strategy that speculates on the fall or decline of a particular security price.
Here, investor borrows a stock from a dealet, sells the stock, and then purchases the stock back to return it to the dealer. Short sellers are hoping that the stock they sell will fall or decline.
The maximum possible loss is unlimited because the price increase (which will be at a disadvantage to the investor might not be known).
