Answer:
Explanation:
40% probability that bond will be priced at $950
60% probability that bond will be priced at $1050
Expected value of the bond in one year:
(Probability*Price of bond) + (Probability * Callable price bond)= (0.4*$950)+(0.60*$1010)=$986
So, expected value is $986
three common types of federal taxes are :
1. income tax
2. Property tax
3.Sales tax
Answer:
fgoooo
Explanation:
fhgfh can you give me mola
Answer:
The price elasticity of demand for icecream is -0.75, that means that is inelastic.
Explanation:
Price elasticity of demand measures the porcentage of the change in the demand when there is a change in the price. If the change in porcentage of the demand is less than the pocentage of change in the price we talk about inelastic demand. An increase in the price of inelastic goods will result in bigger revenues, as the porcentage in the drop of sales is less than the porcentage of increase in the price.
The formula is: % in change demand/% in change of price
-3%/4= -0.75
The minus symbol indicates that when the price rises the demand decrease.
Answer:
franchisor; franchisee
Explanation:
Franchising is the system for the expanding business and distributing the goods and the services to meet the higher demand.
Franchisor is the big name and big company or business which offers small business for franchising in order to gain profits and expanding business.
Franchisee is small business owner who has purchased right to use existing business's trademarks and then uphold same standards as first business.
Hence, in the given case, Dog N' Cat is the <u>franchisor</u> and you are the <u>franchisee</u>.
