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klasskru [66]
3 years ago
13

Magna Carta was the result of the king's disastrous foreign policy and overzealous financial administration. John had suffered a

staggering blow the previous year, having lost an important battle to King Philip II at Bouvines and with it all hope of regaining the French lands he had inherited. Read the passage from “Magna Carta and Its American Legacy.” Then answer the question. According to the reading, what events sparked the creation of the Magna Carta? King John’s poor financial decisions and loss of territory King John’s inheritance of new lands and the expense to maintain them King John’s victory in the war against King Philip II of France King John’s desire for government and financial reform
Business
2 answers:
Korvikt [17]3 years ago
4 0

Answer:

The correct answer is  A. King John’s poor financial decisions and loss of territory

Explanation:

Talja [164]3 years ago
3 0

Answer:

(A) Kings John's poor financial decision and loss of territory

Explanation:

I just did the assignment and got it right.

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A 30-year maturity bond making annual coupon payments with a coupon rate of 8.5% has duration of 12.88 years and convexity of 23
marin [14]

Answer:

a. Predicted Price = $1815.52

b. Predicted Price = $1,834.64

c. Predicted Price = $1425.4

Explanation:

The actual price of the bond as a function of yield to maturity is:

Yield to maturity --- Price

7% $1,620.45

8% $1,450.31

9% $1,308.21

a.

Using the Duration Rule, assuming yield to maturity falls to 6%:

Predicted price change = (-D/(1 + y)) * ∆y * Po

Where D = Duration = 12.88 years

y = YTM = 7%

∆y = 6% - 7% = -1%

Po = $1,620.45

So, Predicted Change = (-12.88/(1 + 0.07)) * -0.01 * 1,620.45

Predicted Change = 195.0597757009345

Predicted Change = $195.06 ----- Approximated

Therefore the new Predicted Price

= $1,620.46 + $195.06

= $1815.52

b.

Using Duration-with-Convexity Rule, assuming yield to maturity falls to 6%

Predicted price change

= [(-12.88/(1 + 0.07)) * (-0.01) + (½ * 235.95 * (-0.01²))] * 1,620.45

= 214.1770345759345

= $214.18 ------ Approximated

Therefore the new Predicted Price

= $1,620.46 + $214.18

= $1,834.64

c.

Using the Duration Rule, assuming yield to maturity rise to 8%:

Predicted price change = (-D/(1 + y)) * ∆y * Po

Where D = Duration = 12.88 years

y = YTM = 7%

∆y = 8% - 7% = 1%

Po = $1,620.45

So, Predicted Change = (-12.88/(1 + 0.07)) * 0.01 * 1,620.45

Predicted Change = -195.0597757009345

Predicted Change = -$195.06 ----- Approximated

Therefore the new Predicted Price

= $1,620.46 - $195.06

= $1425.4

4 0
3 years ago
Everything else equal, if the United States runs a large foreign trade deficit, the financing of the deficit will: a. increase g
sladkih [1.3K]

Answer: decrease tax revenue

Explanation:

A trade deficit occurs when the import of a country's is more than the export of the country for a given period of time period. The main cause is when there's an imbalance between the savings of a country and the investment rates.

In this case, financing the deficit will lead to the reduction in the tax revenue. When part of the tax revenue gotten from economic agents are used in the finance of the deficit, there'll be a reduction in the tax revenue.

6 0
3 years ago
Determine the standard direct materials cost per unit of finished product, assuming that there was no inventory of work in proce
Delvig [45]

Answer:

Explain to question or attach image

Explanation:

you need to explain your question better so you can have an answer

6 0
3 years ago
Bertone's Office Supplies has large stores resembling warehouse environments, with racks stocked from floor to ceiling with diff
evablogger [386]

Answer:

The correct answer to the following question is category specialist.

Explanation:

Here Bertone's office supplies can be said as category specialist stores, these are those discount stores which specializes in particular product category. That's why these stores are also called discount specialist stores. The reason why these stores are able to offer low prices is because they are using their buying power to negotiate the terms and conditions like getting the supply at low prices.

4 0
3 years ago
While charging a general admission price of $15 for adults most days of the week, the Museum of Fine Arts in Houston offers free
kow [346]

Answer:

Basically, the museum might price this way because of the low number of people that go to the place that specific day and<u> in order to stimulate the demand from visitors</u>.

Explanation:

To begin with, the reason why organizations price this way, in where they offer one day total free admission is due to the fact that commonly that day selected does not count with much visitors in comparison with the other days of the week supported by statitics of the place and therefore the museum, in this case, wants to increase the amount of people that enter the building, basically.

Secondly, once that the main reason of why the museum might price this way is said, the reason why the are likely to choose a day like Thursday rather than Saturday is due to the fact that Saturdays tend to be the day where those kind of places are full of people because most of the people do not work on weekends and therefore the organization do not need to encourage the entrance of visitors, they will go anyways without any stimulation.

4 0
3 years ago
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