Answer:
After the election, democracy holders were elected, so very few qualifying voters took the trouble to exercise their right to vote in the province.
Social security policy exempted farm workers and domestic employees as these were the primary groups of black labor, and the south would exclude them.
After the Republicans lost chance in the South due to the blacks losing their democratic right to vote, the Democrats maintained an electoral hegemony in the area.
Answer:
b) line extension
Explanation:
this is definition so I can't tell you any clearer.
if you wish to deeper on what is line extension, I suggest you to read more in this link https://en.wikipedia.org/wiki/Product_line_extension
Answer:
a. 12.61%
Explanation:
E(r)= Rf + B (Rm- Rf)
10.50% = 5.50% + B (4.75%)
10.50% - 5.50% = B * (4.75%)
5% / 4.75% = B
B = 1.0526
New required rate of return = 5.50% + 1.0526*(4.75%+2%)
New required rate of return = 5.50% + 1.0526*(0.0675)
New required rate of return = 5.50% + 7.11%
New required rate of return = 12.61%
Answer:
Explanation:
Coupon rate = 2%, Par value = $1000
Treasury bond pays coupon semi annually
Coupon payment = (Coupon rate * par value) / 2 = (2% x 1000) / 2 = 20 / 2 = $10
Cash flow in six months = Coupon payment = $10
Cash flow in 1 year = Coupon + par value = 10 + 1000 = 1010
Discount rate for cash flow in 6 months = six-month Treasury spot rate i= 1.6% APR
Semi annual discount rate for cash flow in 6 months = 1.6% / 2 = 0.8%
Discount rate for cash flow in 1 year = 1 year Treasury spot rate i= 2% APR
Semi annual discount rate for cash flow in 1 year = 2% / 2 = 1%
Price of Treasury bond = present value of cash flow in six months discounted at semi annual discount rate + Present value of cash flow in 1 year discounted at semi annual discount rate
Price of Treasury bond = 10 / (1+0.80%) + 1010 / (1+1%)^2 = 10/1.0080 + 1010 / (1.01)^2 = 9.9206 + 990.0990 = 1000.02
Answer:
Yes. But I actually don't know the reason
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