Answer:
Investment in bonds= 4,300,000
loss on investments (6,100,000-4,300,000= 1,800,000)
The unrealized holding loss ($1,800,000) on transfer to a new category of trading securities is included in income.
Explanation:
how I know is bc I've been playing the moblie game and card game since it became popular also been hearing daily about the moblie game
Answer:
28.85
Explanation
Keanu has decided to save a fixed amount of 70,000 for a given period. We would need to calculate the number of years to achieve 7,796,223 using the FVIFA formula (Future value interest for an annuity)
Fixed payment× FVIFA=Future value
<em>FVIFA</em> = 
where r is the periodic rate (9%)
and n is the number of periods
therefore; 70000×
=7796223
=(7796223×0.09)/70000
n=27.85
However, since Keanu will not invest until the end of the first year, he will spend 28.85 years to achieve his goal
Answer:B. are always completely flexible
Explanation:The classical theory proposes that all markets reequilibrate because of adjustments in prices and wages which are flexible. For instance, if an excess in the labor force or products exist, the wage or price of these will adjust to absorb the excess. If prices and wages are flexible, markets reequilibrate.
Wages are said to be flexible when they respond to changes in supply and demand and lead to the market clearing wage being set. It implies that the wage will be set by the Marginal Revenue Product of labour and marginal cost of labour. Any change in supply and demand for labour will lead to a change in the wage rate.
The importance of wage flexibility arises from the fact that, in most macroeconomic models, we find an inverse relationship between wages and employment.
Answer:
The market believes that 2-year securities will be yielding 4 years from now is 8.51%
Explanation:
The pure expectations theory tries to predict what short-term interest rates will be in the future based on current long-term interest rates.
Given data;
Interest rate on 4-year treasury security = 7%
Interest rate on 6-year treasury security = 7.5%
The pure expectation theory explains that the 6-year rate is the geometric average of the 4-year rate and the 2-year rate 4 years from now.
The 2-year rate in 4 years is represented by r
We solve;
(1 + 7.5%)⁶ = (1 + 7%)⁴ × (1 + r)²
(1 + 0.075)⁶ = (1. 0.07)⁴ × (1 + r)²
1.543301526 = 1.31079601 × (1 + r)²
1 + r = 1.08507020
r = 1.08507020 - 1
r = 0.08507020
r = 8.51%
Therefore, the market believes that 2-year securities will be yielding 4 years from now is 8.51%.
