After graduating with his MBA and returning from his trip to find no shoes from

Spending for health care is now estimated to account for ______ percent of the total u.s. economy.

Yakvenalex [24]

The US healthcare amounts to approximately 5.8% of its whole economy in 2015 in recently published statistics. This is because the United States Government funds two thirds of the whole US health care system. The fraction the government pays come from tax expenditures which would approximately amount to $1.9 trillion. With the Affordable Care Act being pushed through, these numbers would rise up further in the year 2024. America is one of the countries that are paying high amounts in terms of healthcare along with countries like Canada and the UK.

8 0

3 years ago

Answer the following questions, a) Explain different types of professions related to financial sector. b) What qualification is

Andrew [12]

Explanation:

the different types of professions related to financial sector are auditor accountant CA bank manager

3 0

3 years ago

A stock price is currently $40. It is known that at the end of one month it will be either $42 or $38. The risk-free interest ra

mr_godi [17]

Answer:

$1.70

Explanation:

Given that,

Current stock price= $40

Strike price= $39

After a period of one month, two states will be achievable.

- First state

Stock price=$42

Option value= 42-39

=$3

- Second state

Stock price= $38

Option value= 0

Upmove size of first state is

U= 42/40 =1.05

Downmove size of the second state is

D=38/40=0.95

The values given for the upside probability is given as:

Rf= 0.08

t= 1/12

πu = 0.567

The downside probability is equal to:

= 1 - 0.567

= 0.433

Therefore, the present value of option is:

(0.567 × 3) + (0.43 × 0) / e^0.08 × 1/12

= 1.70

Thus, the value of a one-month European call option is $1.70

8 0

4 years ago

Jordan has the following assets and liabilities:-Two Cars $10,000-House $200,000-Mortgage $100,000-Cash $1,000-Car Loans $3,000-

Ilia_Sergeevich [38]

Answer:

The correct option is B. $109,000; $213,000; $104,000

Explanation:

For computing the wealth, first, we have to compute the assets and liabilities value

So, the assets = Cars + House + cash + checking account balance

= $10,000 + $200,000 + $1,000 + $2,000

= $213,000

So, the liabilities = Mortgage + car loans + credit card balance

= $100,000 + $3,000 + $1,000

= $104,000

we apply the accounting equation which equals to

Assets = Liabilities + shareholder equity

And, the wealth equal to

= Assets - Liabilities

= $213,000 - $104,000

= $109,000

Hence, Jordan's wealth is $109,000, the value of Jordan's assets is $213,000, and the value of Jordan's liability is $104,000.

Therefore, the correct option is B. $109,000; $213,000; $104,000

3 0

3 years ago

Potlatch Corporation has issued various types of bonds such as term bonds, income bonds, and debentures. Differentiate between t

lisov135 [29]

Answer:

Term bonds - Term bonds refer to bonds with the same maturity date and on that date their face value must be repaid.

Mortgage Bonds - this is a bond that is backed up by real estate as collateral thus giving the holder of these bonds a claim on said real estate.

Debenture bonds - These types of bonds/ debt instruments are not secured by any collateral.

Income bonds - The coupon payments on such bonds are contingent on whether the company makes enough income to pay them in a given period.

Callable bond - These types of bonds are redeemable before the maturity date by the issuer.

Registered bonds - The bondholder's referent information is held by the issuer the main purpose of which is to ensure that payments are going to the right address.

Bearer or coupon bonds - These types of bonds can be transferred from one owner to another as the bond is not recorded in the holder's name.

Convertible bonds - These bonds are convertible into shares in the issuing company.

Commodity-backed bonds - Such bonds are valued based on the value of a certain asset that will be specified in the agreement.

Deep discount bonds - This kind of bond is sold at 80% or less than its face value.

6 0

3 years ago