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3 years ago

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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Use the following information and the indirect method to calculate the net cash provided or used by operating activities:

Delvig [45]

Answer:

A) $97,600

Explanation:

Calculation for the net cash provided or used by operating activities

OPERATING ACTIVITIES

Net Income $86,800

Depreciation Expense 13,500

Gain on Sale of Land (6,800)

Increase in Merchnadize Inventory (3,550)

Increase in Accounts Payable 7,650

Net Cash provided by Operations $97,600

Therefore the net cash provided or used by operating activities will be $97,600

4 0

3 years ago

A personal account earmarked as a retirement supplement contains $338,000. Suppose $300,000 is used to establish an annuity that

elena55 [62]

Answer:

23.275 years

Explanation:

Given:

Present value or the amount invested = $ 300,000

Rate = 6% compounded quarterly

i.e the rate of return quarterly will be = 6% / 4 = 1.5%

Quarterly payment = $ 6,000

Annuity = $ 0

Now,

Present value of annuity = Part payment × ( $\frac{1-\frac{1}{(1+r)^n}}{r}$ )

where,

n is the number of quarters

on substituting the values in the formula, we get

$ 300,000 = $ 6000 × ( $\frac{1-\frac{1}{(1+(0.015))^n}}{0.015}$ )

50 × 0.015 = ( ${1-\frac{1}{(1.015))^n}$ )

${\frac{1}{(1.015))^n}$ = 1 - 0.75

4 = $(1.015)^n}$

taking log both the sides

we get

log 4 = n × log 1.015

0.602 = n × 0.0064

n = 93.101 quarters

n = 93.101 / 4 = 23.275 years

5 0

4 years ago

When considering an investment, which of the following is not one of the three critical factors used to evaluate future earnings

ladessa [460]

Answer:

A) Global event factor

Explanation:

7 0

3 years ago

Jill, a female employee at acme industries, recently complained that she had been sexually harassed by one of her male superviso

pogonyaev

<span>If Jill, a female employee at acme industries, recently complained that she had been sexually harassed by one of her male supervisors, then these insensitive remarks illustrate some of the social, emotional, and cognitive roots of prejudice because it show injustice and the Acme is like agreeing to the prejudice that occurs with women.</span>

3 0

3 years ago

Assume that the real GDP in Year 2022 is $8000 and the GDP deflator is 200. Calculate the Nominal GDP. Show your work. *

zloy xaker [14]

Answer:

i dont k but I needed points

Explanation:

sorry

6 0

3 years ago