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3 years ago

A good or service is said to be scarce when:

Business

1 answer:

Rainbow [258]3 years ago

5 0

a. at a price of zero, there will not be enough to satisfy everyone's desire for it.

A good or service is said to be scarce when at a price of zero, there will not be enough to satisfy everyone's desire for it. Scarcity is one of the pillars of economy as basically it says that we do desire certain goods because they are scarce, otherwise we are not interested in those goos as much as when they are scarce.

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Grossnickle Corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. Today,

Aleks04 [339]

Answer:

correct option is e. $1,232.15

Explanation:

given data

Future value = $1,000

Rate of interest = 5.5%

NPER = 19 years

annual coupon bonds = 7.5%

solution

We will use here Present value formula for get current price of the bonds.

so here PMT is

PMT = Future value × annual coupon bonds ................1

put here value

PMT = $1,000 × 7.5%

PMT = $75

The formula we use in excel = -PV(Rate,NPER,PMT,FV,type)

so we will get here

after solving we get current price of the bond is $1,232.15

correct option is e. $1,232.15

6 0

4 years ago

"Suppose a bank has an asset duration of 5 years and a liability duration of 2.5 years. The bank has $1,000 million in assets an

Galina-37 [17]

Answer:

number of contracts needed to hedge is 3714

Explanation:

given data

asset duration = 5 years

liability duration = 2.5 years

assets = $1,000 million

liabilities = $750 million

time = 8.5 years

currently selling = $99,000

contract = $100,000

to find out

How many futures contracts does the bank need to fully hedge itself against interest rate risk

solution

we get here no of contract that is express as

no of contract = (DA - k × DL) A ÷ (DF × PF) .......................1

here DA is asset duration and DL is liability duration and A is assets and DF is time and PF is currently selling and

here K is $\frac{liabilities}{assets}$

k = $\frac{750}{1000}$

k = 0.75

so now put all value in equation 1

no of contract = (DA - k × DL) A ÷ (DF × PF)

no of contract = (5 -0.75 × 2.5) 1000 ÷ (8.5 × 99000)

no of contract = 3714

so number of contracts needed to hedge is 3714

3 0

3 years ago

________ corporate social responsibility (CSR) refers to the philanthropic approach to CSR in which organizations target program

astraxan [27]

Philanthropic corporate social responsibility (CSR) serves as philanthropic approach to CSR in which organizations target programs that will generate the most positive publicity.

<h3>What is Philanthropic corporate social responsibility?</h3>

Philanthropic corporate social responsibility can be regarded as one whereby, there us donation funds, goods to another organization or cause.

They runs the greatest risk of being perceived as self-serving behavior.

Learn more about Philanthropic corporate social responsibility at:

brainly.com/question/13171394

3 0

3 years ago

Please answer in opinion, if you were to start a business choose which one that would have the most profit.

fredd [130]

I say the Olympic host because hosting something that big would cost a lot of money. More would be going out than coming in because, 1. Hosting on it's own is very expensive and 2. giving away awards gets pretty spendy too. :D

5 0

3 years ago

Read 2 more answers

Soda and pizza are complements because they are often enjoyed together. When the price of soda rises, what happens to the supply

almond37 [142]

Explanation:

In the case of the complements goods, if the price of the soda rises, the demand would be decreased and the supply would rises. Since the soda and pizza are complementary goods so the impact of one good would be the same for another good also

Moreover, we also know that the price and the demand has an inverse relationship but the price and the supply has a direct relationship

6 0

3 years ago