The type of funding obtained by Setsuko is the line of credit.
The following information should be relevant for the line of credit:
- It is treated as a flexible loan.
- It is an amount of money i.e. defined and can be accessed whenever it is needed and after that, it could be repaid instant or over a period of time.
- It is for a short period of time.
Since in the given situation, it is mentioned that:
- Setsuko obtained the funds for the short term.
- Bank lent her $10,000.
Therefore we can conclude that the type of funding obtained by Setsuko is the line of credit.
Learn more about the line of credit here: brainly.com/question/17937007
The range available for negotiation is the difference between the sticker price and the INVOICE PRICE.
The sticker price refers to the amount of money that a seller attached to a product he wants to sell. The invoice price refers to the price that a company pay to its wholesaler dealer for an item, that is, it is the actual cost of a product. During negotiation, the lowest price that a seller can sell for is the invoice price.<span />
$5,000 because 10,000-2,000=8,000 is left then another 2,000 taken out would leave you with 6,000 then 1,000 taken would leave you with $5,000
Answer:
Market Principal notes that there should be no arbitration in the efficient market unless there is some arbitration so an efficient market system can quickly neutralize the situation.
The futures market for May, in the example above, is trading at $3.82 while the spot price is $3.45. The spot price month is listed but carriage costs and transportation are given as $0.20 and $0.03 per month.
This gives us a total price of $3.68 and this means the futures market is priced at a premium of $0.14.
3.82-= 0.14 (3.45 + 0.20 + 0.03)
This is not normal, of course, and traders will start shortening futures prices when going on the spot contracts for long. This would drive down the price of the futures while increasing the spot price, which should stabilize at $3.75.
Nevertheless, it is necessary to remember that in such equation there is also a borrowing fee which must also be taken into account. If the interest rate is 6 percent a year so it also takes into account a monthly finance fee of 0.5 percent of the contract value.
The statement that ten percent of your grade for this assignment is based on your explanation of two basic principles of communication
is false because the answer is based on the grading rubric
of the week one assignment that was given.
