Answer:
The speculative element of this carry trade is that its success is based upon the belief that there will be no adverse movement in exchange rates or interest rates.
Explanation:
A carry trade is when you borrow a currency that has a low interest rate, then use that money to buy another currency that pays a higher interest rate. You make money on the difference between the interest rates.
The account should be opened as Joint Account With Tenants In Common.
<h3>Joint Account With Tenants In Common</h3>
in these Joint accounts with tenants in common A Totten Trust is a payable on death bank account. Such an account allows the owner to leave funds to a named beneficiary (or beneficiaries), avoiding probate. The only problem is that it can't be used for brokerage accounts - it is only for bank accounts. To accomplish what the couple wants requires that a joint account be set up as tenants in common, with the percentage ownership split between the husband and wife. Then the husband must have his own will, leaving his share to his natural children; and the wife must have her own will, leaving her share to her natural children.
If an account is opened as a Joint Account with Tenants in Common, there is a specified ownership percentage for each tenant. Upon death of 1 tenant, that person's percentage goes to his or her estate, is passed by will and must go through probate (where someone could contest the transfer).
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Answer: D. Your values may help you decide what kind of work you want to do.
Most likely D because sale prices especially on retail will not last forever.
Answer:
Net operating loss = $(126,130)
Explanation:
Given:
Ordinary loss from operations = $77,050
Recaptured ordinary income = $5,920
Net Section 1231 loss = $55,000
Net capital loss = $7,840
Find:
Net operating loss
Computation:
Net operating loss = Ordinary loss from operations - Recaptured ordinary income + Net Section 1231 loss
Net operating loss = $77,050 - $5,920 + $55,000
Net operating loss = $(126,130)