An invention is the name given to the development of a new good.
<h3>What an invention?</h3>
Invention refers to the process of creating something that has never been made. It  is a unique or novel device, method, composition or process.
An invention uses technology to solve a specific problem hence the name given to the development of a new good.
Examples of invention includes: 
- Manufacturing of Telephone.
- Manufacturing of printing press.
Therefore, the name given to the development of a new good is called invention.
Learn more about invention here : brainly.com/question/23538626
 
        
             
        
        
        
Answer:
Analyzing the client's personal and financial circumstances. 
Explanation:
The Financial Planning process is the process involved in planning and formulating certain strategies for the client. The professionals' design plannings and strategies based on the financial situation of the client. They consider every aspect of the financial situation of the client. There is a total of six steps involved in the planning process. Analyzing and evaluating the financial status of the client comes under the third step. 
 
        
             
        
        
        
Answer:
-$5,873
Explanation:
For computation of maximum one month loss in dollars first we need to find out the net exposure and maximum one month loss in percentage which is shown below:-
Net exposure = Received amount - Paid amount
= €200,000 - €50,000
= €150,000
Maximum one - month loss in Percentage = Next month percentage - (Alpha × Euro percentage)
= 2% - (1.96 × 2.5%)
= -2.9%
Maximum one - month loss in Dollars = Net exposure × Current spot rate of the euro × Maximum one - month loss in Percentage
= €150,000 × $1.35 × (-0.029)
= -$5,873
 
        
             
        
        
        
Answer:
1 year rate 2 year from now = 12%  (Approx)
Explanation:
Given:
1-year rate = 8%
2-year rate = 9%
3-year rate = 10%
Computation:
According to Pure Expectations Hypothesis,
(1 + 3-year rate)³ = (1 + 2-year rate)² (1 + 1 year rate 2 year from now)
(1.10)³ = (1 + 1.09)²(1 + 1 year rate 2 year from now)
1.331 = 1.1881 (1 + 1 year rate 2 year from now)
(1 + 1 year rate 2 year from now)  = 1.12
1 year rate 2 year from now = 0.12 
1 year rate 2 year from now = 12%  (Approx)
 
        
             
        
        
        
Answer:

Explanation:
The current price of the bond can be calculated by using the formula:




