Answer:
The endowment fund is not satisfied with the advisor's performance
Explanation:
Judging from a nominal interest rate perspective where return expected of an investment comprises of real rate of return and an extra return which is a compensation for inflation rate in the economy,the endowment fund is not satisfied with performance of the advisor.
The satisfactory rate of return that would be expected of the advisor is computed below:
nominal interest rate=real rate+inflation rate
real rate is 8.2%
inflation rate is 2.9%
nominal interest rate=8.2%+2.9%
=11.10%
Answer:
ABC company
Explanation:
Basically there are two markets i.e primary market and the secondary market.
The primary market is the market in which the initial public offer is taking place that means the new security is first offered to the public by the company whereas, in the secondary market, the broker or investor is involved while offering the securities.
In the given situation, the ABC company itself is involved while selling the shares of ABC stock in the primary market
Explanation:
The determination of the maturity date and the interest for each notes is as follows
Contract date Maturity Month Maturity Date Interest expenses
March 19 May 18 $280
May 11 August 9 $660
October 20 December 4 $105
For March 19, the interest expense calculation is
= $28000 × 6% × 60 days ÷ 360 days
= $280
For May 11, the interest expense calculation is
= $33,000 × 8% × 90 days ÷ 360 days
= $660
For October 20, the interest expense calculation is
= $21000 × 4% × 45 days ÷ 360 days
= $105
In
this question, this is an example of immediate corrective action.
<span>Immediate
corrective action is having a solution to the problem right away. This shows
that the manager provides action on the spot in the situation/problem. This
type of corrective action lacks sustainability and the duration of the solution
is not think through.</span>
