All categories

3 years ago

Cootributions of political institutions

Business

1 answer:

Luden [163]3 years ago

6 0

Answer:

Contributions of political institutions are diverse, and very important for any society.

Explanation:

Institutions contribute to the law and order of a nation. They also help define and determine the government structure of a place. Institutions also promote economic development by incentivizing investment if certain specific institutions are in place, like property rights enforcement, and impartial laws. In fact, this last aspects has been explored at length by economists like Amartya Sen and Daron Acemoglu.

You might be interested in

Warson Motors wants to raise $2 million by selling 20-year coupon bonds at par. Comparable bonds in the market have a coupon rat

Kitty [74]

Answer:

He should set coupon rate of 1.98%

Explanation:

Given Data:

Face Value of Bonds = $2,000,000

Coupon rate = 6.3 percent

Issue Value of Bonds = 6.5% * Face Value of Bonds

= 6.5% * $2,000,000

= 0.065 * $2,000,000

= $130,000

Given Annual YTM = 6.30%

Therefore,

Semiannual YTM = 3.15%

Time to Maturity = 20 years

Semiannual Period = 40

Let Semiannual Coupon be $C

$130,000 = $C * PVIFA(3.15%, 40) + $2,000,000

$130,000 = $C * (1 - (1/1.0315)^40) / 0.0315 + $2,000,000 / 1.0315^40

$130,000= $C * 22.56 + $578,443.2

$448,443.2 = $C * 22.56

$C = $19877.80

Semiannual Coupon = $19877.80

Semiannual Coupon Rate = Semiannual Coupon / Face Value of Bonds

Semiannual Coupon Rate = $19877.80 / $2,000,000

Semiannual Coupon Rate = 0.0099 or 0.99%

Annual Coupon Rate = 2 * Semiannual Coupon Rate

Annual Coupon Rate = 2 * 0.99%%

Annual Coupon Rate = 1.98%

4 0

4 years ago

Excom sells radios and each unit carries a two-year replacement warranty. The cost of repair defects under the warranty is estim

Stels [109]

Answer:

D. $358

Explanation:

The computation of the Product Warranty Expense is shown below:

= Number of radios sold × selling price per radios × estimated warranty percentage

= 132 radios × $54 × 5%

= $356.40

i.e $358 approx

By multiplying the number of radios sold with the selling price and the estimated warranty percentage we can get the product warranty expense 58

6 0

3 years ago

Consider the following events:25,000 shares of preferred stock, cumulative, 5%, $10 par was issued for $15 a share.The annual ca

Mars2501 [29]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

Download xlsx

5 0

3 years ago

On April 1, 2021, BigBen Company acquired 30% of the shares of LittleTick, Inc. BigBen paid $100,000 for the investment, which i

Allushta [10]

Answer:

$10,500 loss

Explanation:

The computation of the net income affected is shown below:

Since Big Ben purchased shares of Little Trick on 1st April ,so it has the right to receive 30% of the net income for nine months i.e from April 1 to December 31

Now the Earnings from Little Trick is

= $20,000 × 30% × 9 months ÷ 12 months

= $4,500

And, the Compensation paid is $15,000

So, the loss is

= $15,000 - $4,500

= $10,500

8 0

3 years ago

Suppose you wish to provide an accessor method for a boolean property finished, what signature of the method should be?

Westkost [7]

The answer in this question would be Public boolean is Finished. Wishing to provide an accessor method for your boolean property to finished, the signature of the method should be public boolean is Finished. So the signature you need to make in order to finished the boolean property is public boolean is Finished.

6 0

4 years ago

Cootributions of political institutions​

Cootributions of political institutions