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cupoosta [38]
3 years ago
15

A 91-day Treasury bill is selling for $96.88 per $100 of its face value. What is the quoted annual interest rate for this 91-day

T-Bill
Business
1 answer:
ludmilkaskok [199]3 years ago
4 0

Answer:

12.92% annual rate

Explanation:

the annual yield of a T-bill can be calculated using the following formula:

Y = [(F - P) / P] x (365 / n)

  • f = face value = $100
  • p = price = $96.88
  • n = number of days = 91

Y = [($100 - $96.88) / $96.88] x (365 / 91) = 0.0322 x 4.011 = 0.1292 = 12.92% annual rate

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Drag the tiles to the correct boxes to complete the pairs.
Tasya [4]

Answer: The correct answer is:

  • Shifts PPC to the right-

A new technology is invented to produce more

food grains in the country.

  • Point on the original PPC-

The country is using all its resources efficiently.

  • Shifts PPC to the left-

Many of the country's young people died in

an earthquake.

  • Unattainable point-

The country plans to produce goods that are

not possible to produce with the available

resources.

Explanation:

Pay per click is an advertising / marketing model on the internet where advertisers pay to place ads on any platform.

This type of advertising allows traffic from search engines to the advertiser's website. The PPC helps reach potential customers who don't know your brand but are looking for your services / products.

3 0
4 years ago
Name three factors that determine a good’s or service’s elasticity.
pav-90 [236]

Answer:

Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.

Explanation:

4 0
3 years ago
Read 2 more answers
Your retirement fund consists of a $5,000 investment in each of 15 different common stocks. The portfolio's beta is 1.20. Suppos
mr_godi [17]

Answer:

portfolio's new beta is 1.25

Explanation:

Total number of stocks available in the portfolio = 15

Total portfolio = 1.20

Beta of stock to be sold = 0.8

Beta of stock to be purchased = 1.6

Weight of one stock (replacing stock) = 1/15

New portfolio beta = Total portfolio - (Weight * Beta of selling stock) + (Weight * Beta of purchasing stock)

New portfolio beta = 1.20 - [(1/15) * 0.8] + [(1/15) * 1.6]

                               = 1.20 - 0.05333 + 0.10667

                               = 1.25334

                               ≈ 1.25

6 0
3 years ago
Smith Company reported pretax book income of $400,000. Included in the computation were favorable temporary differences of $50,0
Hoochie [10]

Answer:

$10,200

Explanation:

The computation of the deferred income tax expense or benefit is shown below:

Favorable temporary difference = $50,000

Less:  Unfavorable temporary difference -$20,000

Net favorable temporary difference $30,000

We assume the tax rate is of 34%

So, the deferred tax expense is

= $30,000 × 34%

= $10,200

By finding out the net favorable temporary difference and then multiplied with the tax rate we can get the deferred tax expense and the same is shown above

3 0
3 years ago
If a payback period for a project is greater than its expected useful life, the project's return will always exceed the company'
Rudiy27

Answer:

entire initial investment will not be recovered.

Explanation:

Payback period is one of the methods used in capital budgeting.

Payback period calculates how long it takes for the amount invested in a project to be recovered from its cummulative cash flows.

For example, if a project costs $360 and the cash flow each year for its 6 years useful life is $120. The amount invested would be gotten back from the cummulative cash flow in 3 years.

But if a project costs $360 and the cash flow each year for its 2 years useful life is $120. The amount invested would never be gotten back the cummulative cash flow. Therefore, the entire investment amount will never be entirely recovered.

The project will always not be profitable

I hope my answer helps you.

3 0
3 years ago
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