Answer:
I
Explanation:
The Uniform securities act is a framework that serves to protect investors as it guides the states securities regulation in managing security related fraud and also helps the security exchange commission's enforcement and regulation .
It allows the clients right to civil suit for damages under certain conditions except a situation such as when the advice that is the subject of the suit was given more than three years ago.
A civil suit can only be filed on the earlier of "within 3 years of the alleged infraction or 2 years of the discovering of the violation"
Answer:
$4.24287 million per year
Explanation:
Missing question: The swap will call for the exchange of 1 million euros for a given number of dollars in each year.
For structured three separate forward contracts of the exchange of currencies, the forward price could be found as follows
Forward exchange rate * $1 million error = Dollar to be received
Year 1 = 1.50*(1.04/1.03) * 1 million euros
Year 1 = 1.514563106796117 * 1 million euros
Year 1 = $1.5145 million
Year 2 = 1.50*(1.04/1.03)^2 * 1 million euros
Year 2 = 1.529267602978604 * 1 million euros
Year 2 = $1.5293 million
Year 3 = 1.50*(1.04/1.03)^3 * 1 million euros
Year 3 = $1.5441 million
The number of dollars each year is determined by computing the present value:
= 1.5145 / 1.04 + 1.5293 /(1.04)^2 +1.5441 / (1.04)^3
= 1.45625 + 1.41392 + 1.3727
= $4.24287 million per year
The correct answer out of the choices is A I believe
Answer: June's leadership style could best be categorized as <u>authentic</u>
Explanation:
The authentic leadership is an approach of leadership that focus on the construction of leader legitimity through honest relationships with followers.
Answer:
(a) The federal fund rate is the rate at which banks borrows funds from the other banks. So, the federal fund rate in this situation is 0.25%. This is normally applicable for the creditworthy organizations. It is set by the federal open market control. Open market operations is used by the federal bank to control the money supply in an economy and to set the federal fund rate.
(b) The discount is the rate at which banks borrows form the federal reserves account. In the current scenario, the discount rate is 1.15%. It is generally higher than the federal funds rate.
