Answer:
$2.26 million
Explanation:
Plane A:
Initial outlay = $100 million
Annual cash flows = $30 million
Expected life = 5 years
Cost of capital = 12%
EAW = (r x NPV) / [1 - (1 + r)⁻ⁿ]
Using a financial calculator: NPV = $8.14 million
EAW = (12% x $8.14) / [1 - (1 + 12%)⁻⁵] = $0.9768 / 0.432573 = $2.2581 ≈ $2.26 million
A bank belonging to the Federal Reserve System is a <span>member bank<span>.</span></span>
Hope this helps!
Answer: The correct answer is "B. Under the First Amendment, commercial speech is given less protection than non-commercial speech.".
Explanation: The statement "B. Under the First Amendment, commercial speech is given less protection than non-commercial speech." is true when it comes to advertising because the first amendment regulates issues about freedom of expression which determine that, in short, commercial discourses are less protected than non-commercial discourses.
Answer:
Opening purchase
Explanation:
This happens when a buyer buys a stock or security with the aim of sustaining or increasing the long position in the stock market.
Buy to open informs the participant about the opening of new market rather than closing out on the old market.This remains open until an opposition trade takes place.
It is good to also note that a position can be open and close within a very short period.
<span>The measure of economic performance that compares how much a system produces versus the resources required to produce it, is known as *productivity*.</span>
