Answer:
$2,049
Explanation:
The profit or loss on a stock portfolio can be determined by by comparing the stock closing value at a specific date and the purchase price.
As per given data
Stock Shares Allocated Price
A 700 $22.15
B 360 $26.43
C 240 $28.87
Purchase price = (700 + 360 + 240 ) shares x $23 = $29,900
First day Closing Value of Portfolio
Stock Shares Allocated Price Value
A 700 $22.15 $15,505
B 360 $26.43 $9,514.8
C 240 $28.87 <u> $6,928.8 </u>
Total <u>$31,948.6</u>
Profit on the first day closing = Closing price of Portfolio - Purchase price
Profit on the first day closing = $31,948.6 - $29,900 = $2,048.6
Answer:
.[D] Sue must invest approximately $800,000 per person
Explanation:
Sue requires $ 2000 supplemental monthly income, per person
Interest rate 3 % per year
Requires income per year = $ 2000 x 12 = $24,000
$ 24000, represents 3 % of investments required
i.e. 3/100 %= $ 24,000 per person
0.03% =$24,000
100 % investment =24000/0.03
=$ 800,000.00
The benefits that you could obtain from contracting with
export trading companies is that they have the abilities of doing the
following;
<span>·
</span>Trade partners abroad are established
<span>·
</span>Ability to buy products or import products from
another country
<span>·
</span>Negotiating with details in regards of retaining
customers
Risk is the potential of gaining or losing something of value. Values (such as physical health, social status, emotional well-being or financial wealth) can be gained or lost when taking risk resulting from a given action or inaction, foreseen or unforeseen. Risk can also be defined as the intentional interaction with uncertainty.Uncertainty is a potential, unpredictable, and uncontrollable outcome; risk is a consequence of action taken in spite of uncertainty.
Risk perception is the subjective judgment people make about the severity and probability of a risk, and may vary person to person. Any human endeavor carries some risk, but some are much riskier than others.
Answer:
At such high inflation rates, the economy tends to break down. ... When inflation is too high, the Federal Reserve typically raises interest rates to slow the economy and bring inflation down. When inflation is too low, the Federal Reserve typically lowers interest rates to stimulate the economy and move inflation higher.
Explanation:
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