Answer: Option E: E.Just because one firm receives a 3.20 overall rating and another receives a 2.80 in a CPM, it does not necessarily follow that the first firm is precisely 14.3 percent better than the second, but it does suggest that the first firm is better in some areas is TRUE
Explanation:
Because one firm receives a 3.20 overall rating and another receives a 2.80 in a CPM, it does not necessarily follow that the first firm is precisely 14.3 percent better than the second, but it does suggest that the first firm is better in some areas.
The former firm received such high rating most times because of pedigree or experience or winning rate which does not judge it better than the latter firm in all areas.
Explanation:
The adjusting entry is shown below:
Insurance expense Dr $1,800
To Prepaid insurance $1,800
(Being the insurance expense is recorded)
For recording the adjusting entry for advance purchase of insurance policy we debited the insurance expense and credited the prepaid insurance account so that the correct posting could be done
The Bank of King's Landing would realize an unexpected benefit when the actual rate of inflation is lower than the expected rate of inflation.
<h3>Effect of Change in Inflation Rate on Lending</h3>
In monetary economics, when the actual rate of inflation is lower than projected, the lender or bank benefits since it is similar to receiving a bonus.
The lender or the bank, on the other hand, will lose if the rate of inflation is higher than predicted.
As a result, when the actual rate of inflation is lower than the forecast rate of inflation, the Bank of King's Landing will gain unexpectedly.
The reason for this is that the amount they receive will be worth more than they anticipated when they made the loans to the lords of Winterfell.
Learn more about how inflation affects lending here: brainly.com/question/14988663.
Answer:
$976.90 will be the new price if interest rates increase to 8.5 percent.
Explanation:
YTM = 8%
Change in interest rate = (8.5% - 8%) = 0.5% <em>(Increase of 0.5%
)</em>
%Change In Price of Bond = -Duration/(1+YTM) X Change in Rate
= -4.99/(1+0.08) X 0.5%
= -2.310%
There will be a decrease of 2.310% in Bond Price
New Bond Price = 1000 - (1000 X 2.310%)
= 1000 - 23.10
= $976.90
Answer:
1,768,913 new stocks
Explanation:
the company needs to raise amount needed to finance expansion plus SEC's filing and administrative fees = $74,000,000 + $825,000 = $74,825,000
net amount received per stock issued = stock price x (1 - underwriting fee) = $45 x (1 - 6%) = $42.30 per stock
the company needs to issue = $74,825,000 / $42.30 per stock = 1,768,912.53 = 1,768,913 new stocks