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3 years ago

Mark the following statements that are TRUE.

Business

1 answer:

motikmotik3 years ago

4 0

Answer:

a. A counterfeit is an imitation of the genuine money, created with the intent to defraud.

TRUE

U.S. Currency was originally printed on blue paper.

FALSE: THE DOLLAR HAS ALWAYS BEEN GREEN

b. The First bank of the United States was started in 1888.

FALSE: THE (FIRST) BANK OF THE UNITED STATES WAS ESTABLISHED IN 1791

c. The French unit of money is the dollar.

FALSE: THE EURO IS THE OFFICIAL CURRENCY IN FRANCE

d. A euro is the Australian unit of money.

FALSE: EUROS ARE THE OFFICIAL CURRENCY OF THE EUROPEAN UNION.

In 1945 $10,000 bills were discontinued for public use by the Board of Governors of the Federal Reserve System.

TRUE

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Due to the impact that sudden events could have in the value of bonds, event risk covenants, or provisions, are included in the

Natalka [10]

Answer:

A puttable bond.

Explanation:

According to the corporate finance institute, "A puttable bond (put bond or retractable bond) is a type of bond that provides the holder of a bond (investor) the right, but not the obligation, to force the issuer to redeem the bond before its maturity date. Puttable bonds are directly opposite to callable bonds."

A puttable bond (put bond, putable or retractable bond) has an embedded put option, giving the bondholder the right, but not the obligation, to demand early repayment of the principal, with the put option exercisable on one or more specified dates.

It is a kind of protection offered to investors so that they could "turn in their bonds to the issuer and get the value equal to the par value."

4 0

3 years ago

Farm and Country Bank provides credit to the farmers, ranchers, and other rural residents of its community. What government prog

vitfil [10]

Farmer Mac helps Farm and Country Bank maintain enough capital to provide credit loans to the farmers, ranchers, and other rural residents of its community.

<h3>What is Farmer Mac?</h3>

The United States federal government founded the Federal Agricultural Mortgage Corporation, better known as Farmer Mac, as a secondary market for agricultural loans, such as mortgages for agricultural real estate and rural housing, in 1988. Farmer Mac is a stockholder-owned, publicly listed firm. The business buys loans from agricultural lenders and then markets products that are secured by those loans. The business collaborates with the US Department of Agriculture as well.

To learn more about Farmer mac visit:

brainly.com/question/17203429

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5 0

2 years ago

DeAngelo went to the store to purchase groceries. By the time he reached the paper products aisle, he was down to his last few d

FinnZ [79.3K]

Answer:

Generic Brand

Explanation:

Based on the scenario being described it can be said that the brand that DeAngelo seems to have bought is known as a Generic Brand. These are a product brand that is distinguished by it's absence of any brand name on the package and instead it's package only defines it's characteristics. They usually are the cheapest option and compete with more expensive branded products.

3 0

3 years ago

Which of the following is a service-based business? (Select the best answer.)

Talja [164]

A house cleaning company

5 0

3 years ago

. Eric has another get-rich-quick idea, but needs funding to support it. He chooses an all-debt funding scenario. He will borr

Sergio039 [100]

Answer:

6.04%

Explanation:

The weighted average cost of capital (WACC) can be described as the average rate that is expected that a business will pay to finance its assets to all holders of its security.

The weighted average cost of capital (WACC) can be estimated as the summation of the products of the weight of each loan in the total loan and their interest rate for this question as follows:

Total loan amount = $1,823 + $1,533 + $644 = 4,000

Weight of loan from Wendy = $1,823 / $4,000 = 0.46, or 46%

Weight of loan from Bebe = $1,533 / $4,000 = 0.38, or 38%

Weight of loan from Shelly = $644 / $4,000 = 0.16, or 16%

Weighted average cost of capital = (46% * 4%) + (38% * 6%) + (16% * 12%) = 6.04%.

Therefore, the weighted average cost of capital for Eric is 6.04%.

7 0

3 years ago