Answer:
The customer will pay, disregarding commissions and accrued interest $9,546.88
.
Explanation:
According to the given data we have that A customer buys 10M of the notes "10 M" means that the customer is buying $10,000 par value of the notes-
The Treasury Note is quoted at 95-11 - 95-15
In this case A customer will buy at ask price, which is 95 and 15/32 nds = 95.46875%
Therefore, 95.46875% of $10,000 par = $9,546.88
The customer will pay, disregarding commissions and accrued interest $9,546.88
.
The judge or in some cases the jury
Answer:
A court will most likely;
1. Allows the parties to rescind the contract.
Explanation:
The contract includes all the costs of insuring and shipping the painting from France to New York.
Since, the agent that made the shipping estimate makes a mistake when adding up the costs and, as a result, the shipping cost listed in the contract is $1,000 less than the actual shipping costs. A court will most likely allow the parties to rescind the contract because a part of the contract agreement has been breached in error.
Answer:
Business plan necessary because:
•It make you aware of your strength or weakness.
•It also creates an effective strategy for growth.
•It helps to determine your future financial needs.
•It also helps to gain a deep understanding of your market.
