If the fed injects reserves into the banking system and they are held as excess reserves, then the money supply would increase.
<h3>What is the impact of the Fed injecting reserves into the banking system?</h3>
When the Fed injects reserves into the banking system which are held as excess reserves, this is an example of an expansionary monetary policy. This step would increase the capacity of banks to make loans. This would increase the money supply.
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Answer:
The present value of its growth opportunities is $70
Explanation:
Data provided in the question;
Expected earning per share, E = $3
The firm's ROE = 20% = 0.2
Earnings retention ratio = 70% = 0.70
Firm's market capitalization rate = 15% = 0.15
Now,
The present value of its growth opportunities is calculated using the formula
=
on substituting the respective values, we get
=
or
= $90 - $20
or
= $70
Hence, The present value of its growth opportunities is $70
Answer: True
Explanation: Business personal property rendition of taxable property, the rendition for business personal property is a form that provides a District with descriptive information, cost, location and acquisition dates for a personal property owned by an individual. The information are used by the District to estimate the market value for tax evaluation.