Answer:
The correct answer is letter "D": the consumption of which varies directly with incomes.
Explanation:
Normal goods are those with quantities demanded increasing when consumers' income increases. Quantity demanded and increase have a directly proportional relationship. Consumer staples such as foods, drugs, and fuel are considered normal goods.
<em>The opposite of normal goods are inferior goods which have decreasing quantities demanded in front of increases in consumers' income.</em>
Answer:
If you considered that outstanding shares are equal that total shares, then: market capitalization is $1.085 billions; market value added is $477.5 millions and the market-ti-book ratio is 1.78.
Explanation:
To get these numbers we calculate as follow: market capitalization = number of shares multiply by the price per share (75$ x 14.5 million); marked value added = market capitalization - (total assets - liabilities) [1.085 Bn - (1 Bn - 390 m)] ; and market-to-book ratio = market capitalization / book value (1.085bn/610m)
Evidence of one's claim to authority or competence, such as a diploma, degree, certification, or license is known as the credential.
<h3>What is the evidence?</h3>
Evidence is the term that means to show or to prove that a particular thing is true or is in existence. For better understanding, a few illustrations can be taken. Like They found evidence of a robbery, in the room footprints of three persons present, and many more.
In any courtroom for making the case strong, one has to present evidence that is real like fingerprints, blood samples, DNA, a knife, a gun, and other physical objects.
There are basically two types of evidence, which include Oral and Documentary evidence. Documents that include electronic records are documentary evidence.
Thus, all the names given in the statement are of documentary evidence or credential.
Learn more about evidence from here:
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Answer:
a. is weak-form efficient
Explanation:
A weak-form efficient market postulates that the present price of a stock reflects previous all data from past prices.
It suggests that no technical analysis can be of help to the investor.
This implies that fundamental analysis using historical prices and data of a stock can be used to predict stocks that are overpriced or underpriced.
So researching a company's financial statements gives an edge on predicting today's stock price.
Investors can make abnormal profit
Answer:
Holding period yield is 114.97%
effective yield is 8.72%
Explanation:
holding period yield=(Price at call-initial price+coupon payments)/initial price
=($970-$935)+(13*$80)/$935
=($35+$1040
)/$935
=$1075/$935
=114.97%
The effective yield is the yield to call which can be computed using the excel rate formula:
=rate(nper,pmt,-pv,fv)
nper is the number of payments before the call which is 13
pmt is the periodic payment by bond which is $1000*8%=$80
pv is the current market price of $935
fv is the bond price at end of 13 years at $970
=rate(13,80,-935,970)
rate=8.72%