Answer:
The maximum rate is 5.65%.
Explanation:
The break-even 30-day repo rate is the rate at which an investor can make zero profit by carrying the following described trading:
Initially raise 30-day repo at x rate; invest in 90-day bill at 5.30%;
As the 30-day repo is matured, raise fund from 60-day bill at 5.10% to repay the 30-day repo;
Then as the 60-day bill matures, use the proceed from 90-day bill to repay the amount.
In other word, we have the below calculation to illustrate the trading:
Amount repay to 02 fund raising ( through 30-day repo and 60-day bill) = Amount receipt from 90-day bill investment
[1 + x*30/365] x [ 1 + 5.1% *60/365 ] = 1 + 5.30% * 90/365
<=> 1 + x*30/365 = 1.004646 <=> x = 5.65%.
Issuing 25,000 shares of $5 par value common stock for $20 per share.
Cash (25,000 x 20) 500,000
Common stock (25,000 x 5) 125,000
Additional Paid-In Capital (25,000 x 15) 375,000
The net loss will only be reflected as a deduction from retained earnings. Retained earnings is where the net income or net loss of the company will be under in the year-end balance sheet. It is the balance of all income and loss the company has since its inception.
Answer:
new law that interfaces with productive efficiency.
Explanation:
The Production possibility curve shows all the two combination of goods or services that can be produced in an economy given its resources and technology. Carrying out production on the production possibility curve is efficient. Carrying out production to the right of the production possibility curve or outside the curve is impossible. Carrying out production inside or to the left of the production possibility indicates inefficiency in production .
Technological improvement and a gain of resources shifts the curve outward.
A loss of resocurces pushes the curve inward.
I hope my answer helps you
Answer:
The answers that apply are:
(B) The price for a hunting license is increased in an effort to reduce the number of hunters.
(C) A law is passed increasing the price of cigarettes in an effort to decrease secondhand smoke.
Explanation:
Hunting is a practice that governments are trying to control and decrease. So if government want to decrease the amount of people hunting they should increase the price of the licence.
Smoking is unhealthy, so the law increase the price for healthy reasons.
