Answer:Michael frequently reads and enjoys doing crossword puzzles. Michael also plays guitar with a band, and he enjoys taking his grandchildren to a nearby park.
Explanation:
Answer:
c. The maturity risk premium is zero.
Explanation:
Pure expectation theory states that the forward rate will represent expected future rate. Term structure is said to be a reflection of what the market expects future short term rates to be.
As future rates are expected to be the same as spot rates for that date, the theory is only applicable when there is no risk premium. That is the maturity risk premium is zero.
Answer:
A. A claim new islands in the pacific
Explanation:
The Act was enacted in August 18, 1856. At that time, many of the islands in Caribbean/pacific territories were not affiliated with any government.
The act allowed citizens of United States to claim any lands within these regions that contain Guano deposits.
This made a lot of weapon and agricultural producers claimed new islands in the pacific since Guana can be used as a material for gun powders and soil fertilizer.
The second step in the prewriting process is to make sure that where you are getting any information, is from a credible and reliable source.
