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koban [17]
3 years ago
8

A 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provi

de income. Which is the BEST recommendation
Business
1 answer:
pickupchik [31]3 years ago
4 0

Complete Question:

A 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provide income. Which is the BEST recommendation?

Group of answer choices.

A. Mid-cap common stock

B. Municipal bond

C. Bank CD

D. Treasure STRIPS

Answer:

C. Bank CD

Explanation:

In this scenario, a 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provide income. A Bank certificate of deposit (CD) is the best recommendation.

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

<em>Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.</em>

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Western Wholesale Foods incurs the following expenditures during the current fiscal year. How should Wesernaunt for each of thes
levacccp [35]

Answer and Explanation:

The classification is as follows

1.  Since it is a salary for the repair technicians so it would be an expense that is incurred

2. The remodeling should be capitalized and depreciated over their useful life of an asset

3, Since there is an annual maintenance cost, so it would be an expense that is incurred

4. The improvement of the line of production should be capitalized and depreciated over their useful life of an asset

5. Addition of a sprinkler system  should be capitalized and depreciated over their useful life of an asset

8 0
3 years ago
"A customer is long the Swiss Franc at a cost of $.60 per SF. The customer wishes to place a collar on the position using PHLX S
tia_tia [17]

Answer:

To create the collar, the customer would: <u>buy 1 PHLX 59 SF Call and sell 1 PHLX 61 SF Call.</u>

Explanation:

The meaning of a "collar" is that a put is bought at a strike price that is less than the price of the underlying instrument (this implies that a floor has been put on the price of the instrument); and that a call is disposed at a strike price which is higher than the price of the underlying instrument (this indicates that a ceiling above which the instrument will be called away has been created).

When a collar is put on the price, it indicates that the customer is majorly giving a guarantee for the underlying instrument's minimum and maximum price.

This should make the net cost of the collar to be close to zero due to the fact that the two contracts are "out the money" and also because the premium paid to buy the put is offset by the premium received when the call was sold.

Therefore, since customer in the question wishes to place a collar on the position using PHLX SF FLEX options, he would <u>buy 1 PHLX 59 SF Call and sell 1 PHLX 61 SF Call</u> to create the collar.

3 0
4 years ago
What is a traditional economy
statuscvo [17]
A traditional economy is<span> an original economic system where traditions, customs, and beliefs shape the goods and services the economy produces, and also the the rules and manner of their distribution.</span>
8 0
4 years ago
Read 2 more answers
A stockholder sold her shares and made a profit of $1,403. If that is a profit of 27%, how much were the shares worth when she o
tigry1 [53]

The worth of the shares when the stockholder originally purchased them is $1105.

<h3>What are shares?</h3>

Shares are fractional ownership interests in a corporation. For some businesses, shares are a type of financial instrument that allows for the equitable distribution of any declared residual profits in the form of dividends.

It is assumed that the purchase price of the share is $100. As the stockholder sold her shares for $1,403, making a profit of 27%, it implies that:

  127 = $1,403

∴ 100 = $1,403/127 × 100

        = $1104.72

Therefore, $1104.72 is the original purchase price of the share.

To learn more about share, click here:

brainly.com/question/28392295

#SPJ1

7 0
1 year ago
What are the four levels of managers?
photoshop1234 [79]

Answer:

Top level managers

Middle level managers

First level mangers

Explanation:

Management involves the process of planning, organizing, directing and controlling. These functions are carried out by the top level managers, middle level managers and first level managers.

Top level managers are those in charged of setting the long term goal of a company, they are basically the board of directors of a company.

The middle managers are the engine of a company, they push the line managers to work and supervices their work.

The first level managers are also known as floor managers, they oil the engine of the company.

8 0
3 years ago
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