Answer: Option D
Explanation: Strong form efficiency is the most stringent form of market efficiency. This hypothesis states that the securities in the market reflects all the information in their price whether public or private.
Therefore, any investor would not be able to earn abnormal returns no matter how much research he or she has done. As the securities reflects private information also, therefore, insider trading will also be useless.
Hence from the above we can conclude that the correct option is D.
Answer:
The correct answer is under-employment.
Explanation:
Under-employment is when a resource is not fully utilized, such as when your Economics professor has to sweep the streets as a primary job.
Unemployment mean no job at all. It is situation in which workers are jobless, either because of no availability of jobs or because wokers are not accepting jobs at the going low wage rate. However, under-employment is a situation in which workers get part time jobs or jobs requiring lower education, training and skills than they have. It is quite common in under developed countries.
Answer:
The correct answer is
c. The balances in a special journal must always reconcile to the general ledger.
good luck
Answer:133333 units
Explanation:
Given
For First machine
Setup cost=$ 1100
unit cost =$ 0.006
For new machine
Setup cost=$ 1700
unit cost=$ 0.0015
Let x units be manufactured .
for Break even point
First machine manufacturing cost=New machine manufacturing cost
1100+(0.0060)x=1700+(0.0015)x
(0.0045)x=600
Answer:
coupon interest rate that the company must set on the bonds in order to sell the bonds-with-warrants at par is 8.25%.
Explanation:
warrant per share = 2*75 = $150
price of the bond = 1000 - 150 - (1000/(1.05^40))
= $707.9543177
coupon*(1 -(1/(1.05^40)))/0.05 = 707.9543177
coupon*17.15908635 = 707.9543177
coupon = 41.25827583
coupon rate = 8.25%
Therefore, coupon interest rate that the company must set on the bonds in order to sell the bonds-with-warrants at par is 8.25%.
