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Tom [10]
3 years ago
10

When comparing a Variable Rate Demand Obligation (VRDO) to an Auction Rate Security (ARS), which statement is FALSE?

Business
1 answer:
lozanna [386]3 years ago
5 0

Answer:

Both have tender options.

Explanation:

Variable rate demand obligation and Auction rate securities both are long term bonds which have interest rate that reset weekly or monthly.  This advantages the issuer with lower short term rates despite of long term security. Both of these securities are subject to credit risk of the issuer and they are marketed by broker dealers.

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What are some of the key components that are listed on a check in the current day?
stepladder [879]

Checks have several vital pieces of information, including

  • routing number
  • account number
  • check number
  • payee
  • payor
  • amount (in numbers)
  • amount in writing
  • payor signature
  • whatever security features the bank includes
5 0
3 years ago
According to the textbook, government price controls fail because: A. they are not enforced. B. legislation cannot repeal basic
Morgarella [4.7K]

Answer:

The correct answer is letter "B": legislation cannot repeal basic economic motives.

Explanation:

Government price controls are regulations imposed by the central government of a country to set limits on prices of certain goods or services because of a surplus, shortage or simply to maintain the demand and supply of those products at their equilibrium level.  

However, the demand for some of those products could be unpredictable because individuals could react in opposite directions even if the government has set rules against consumers' favor. <em>Customers' motives might not be always repealed by legislation</em>.

4 0
3 years ago
How would you check the accuracy of the opening balance of the most recent statement?
Trava [24]

Answer:

I think the answer is B verify last month

6 0
3 years ago
Check Laura won $5,000,000 in the state lottery, which she has elected to receive at the end of each month over the next 30 year
Svetllana [295]

Option 'C' is correct  

<u>Explanation:</u>

Present value of an ordinary annuity of $1

The present value of an annuity is the current value of future payments from an annuity, given a specified rate of return or discount rate.

\text { Annuity amount }=\$ 5,000,000 / \mathrm{PVAF}(7 \% / 12,360 \text { periods })

The future estimation of cash is determined by utilizing a rebate rate. The markdown rate alludes to a financing cost or an accepted pace of profit for different speculations. The littlest markdown rate utilized in these figurings is the hazard free pace of return. U.S. Treasury bonds are commonly viewed as the nearest thing to a hazard-free venture, so their arrival is regularly utilized for this reason.

6 0
3 years ago
Liquidity is _________. Question 10 options: equal to the market value of a firm's total assets minus its total liabilities gene
azamat

Answer:

valuable to a firm even though liquid assets tend to be less profitable to own

Explanation:

3 0
3 years ago
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