Let’s just say that the entire year is 365 days. So, we need to divide the APR (13.50%) to 365. This gives us a value of 0.037% and since the the billing cycle is 30 days, we need to multiply 0.037% to 30 to get it’s periodic interest rate. Therefore, the periodic interest rate is 1.11%.
The answer is imperfect price discrimination and this increase total producer surplus.
Imperfect price discrimination it is about the monopoly of pricing to get the customers. The seller applies a strategy to get the market from buying the products. Then set customers by the group, those who buy for wholesale gets a lower price than in retail.
Answer:
First National EAR 14.48%
First United EAR 14.38%
Explanation:
Calculation to determine Calculate the EAR for First National Bank and First United Bank.
Using this formula
EAR = [1 + (APR / m)]m − 1
Let plug in the formula
First National EAR = [1 + (.136 / 12)]12 − 1
First National EAR= .1448*100
First National EAR=14.48%
First United EAR = [1 + (.139 / 2)]2 − 1
First United EAR = .1438*100
First United EAR = 14.38%
Therefore the EAR for First National Bank and First United Bank will be :
First National EAR 14.48%
First United EAR 14.38%
Answer:
Advocates of the efficient market is of the belief that information that is made available publicly is usually reflected in security prices and thus adjustments in price to new information will occur swiftly. Hence, under the EMH, there are no guarantees on the prices of the stock market and thus no investment rules that can bring superior returns. In this light, investors would rather not deviate from the market index.
On the other hand, advocates of behavioral finance is of the belief that biases in behavior is capable of causing stock market prices to be inefficient. Hence making the investors to believe that a deviation from the market portfolio would be advantageous although the level of risk may be high.
Explanation:
Answer:
None of above is the answer. The correct order is: B.exporting, licensing, franchising, joint venture, and wholly owned subsidiary.
Explanation:
Once the company has selected the market or markets to which it will direct its international expansion strategy, it will move on to the phase of choosing the entry form. The decision will depend on the type of product or service to be exported, the financial commitment that the company is willing to assume, as well as the level of control and coordination of international operations.
“The different input methods are determined according to the nature of the control that can be exercised over the distribution channel, over the products and brands that are marketed in the destination country”
