Answer:
a. The Decimal System
Explanation:
The Decimal System, is one of the great mathematical innovation form ancient India. There is no clear date and place about the invention the decimal system.
It was first recorded in India, then spread to Islamic world, and further to Europe. Decimal system gave a unique turn to the world of mathematics and made the counting or measurement easy.
Hence, the correct answer is "a. The Decimal System".
That person is Andrew Mellon.
<u>Answer:
</u>
Duration would not be an appropriate measure for corporate common stock.
Option: (C)
<u>Explanation:
</u>
- By considering duration as a measure, only the anticipated price movement of fixed income security for a given change in given market interest rate levels could be determined.
- On the other hand, duration would be an appropriate measure for bonds and preferred stocks as they are fixed income securities Whereas, common stock is not a fixed income security so the condition of duration would not be applicable.
Answer:
Singapore is one of the best natural harbors in the world, which has contributed to its development as one of the wealthiest states in the world.
As the statement in the question explains, Singapore is in the middle of worldwide shipping routes, not only those of neighboring Malaysia and Indonesia, but also routes that connect Asia with Africa and the Americas.
In fact, the port of Singapore is the second busiest port in the world, after the port of Shanghai.
